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At a clean energy conference last week Prime Minister Manmohan Singh said India will double its renewable energy capacity to 55, 000 megawatts by 2017 from 25, 000 megawatts last year, according to a state-owned news agency.
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Mr. Singh's announcement comes at a time when India's renewable energy sector has cooled significantly.
WSJ: India Plans Subsidies to Boost Solar-Power Sector
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While Europe attracts most of the investment, the renewable energy sectors of emerging economies such as India and China have been given the biggest boost.
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We welcome the President's commitment to a major program for promotion of renewable energy, and I drew his attention to India's own ambitious national action plan on climate change, which has eight national missions covering both mitigation and adaptation.
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For example, in India, another major polluter, a PURE scheme in Malavali has provided renewable energy to 10, 000 people and reduced CO2 emissions by 20, 000 tonnes using money from UK carbon offsetters.
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The report recommended that India look to Brazil as an example of how to use debt to grow renewable energy.
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Germany, Denmark, Australia, Sweden, Norway, India, Nepal, Ttbet and Israeli clearly a leader in Solar companies and Renewable Energy is helping many World Wide and a long list of Nations Going Solar even Iran with its Archimedes Tower.
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