Expanding Solar, Wind, and Biomass for Sustainable Growth

Expanding both biomass and CBG can offer significant growth opportunities. Also, green hydrogen, produced from renewable sources, has yet to be widely adopted.

- Sanjiv Prasad

Energy is crucial for economic stability, and sustainability ensures long-term viability. Transitioning to renewable sources like solar, wind, hydro, biomass, and hydrogen is essential. While initial efforts focused on solar and wind capacities, newer technologies such as compressed biogas (CBG) and green hydrogen are becoming increasingly important.

Expanding renewable energy capacities

The Indian government has encouraged the installation of solar panels on rooftops, allowing households to generate up to 300 units of their energy and sell the excess. Despite this, the economic feasibility of widespread solar adoption remains challenging. To improve this, manufacturing capacities need to increase, and costs need to decrease. Solar power also faces issues related to waste management and ageing infrastructure.