Our blog is where we share our knowledgeful insights about what we have learned so far
Did you know that in 30 years, the IEA foresees solar PV to reach 4.7 terawatts, of which more than half will be deployed in China and India, making solar power the world’s largest source of electricity in the entire world? India has always been a leading figure in photovoltaic energy, our solar installed capacity reached 37.627 GW as of 31 March 2020. It’s clear that solar energy is paving its path towards global dominance, but that shouldn’t be the only reason to jump into the bandwagon and switch over to it, right? First and foremost, at our current rate, all fossil fuel reserves are expected to be exhausted by 2060. India relies on coal, fossil fuel for 70% of its electricity generation.
Since 2019, India has been investing more in solar power than coal, for the first time in its history, since its inception. This is a huge development, especially in the Indian context, as brought to us by the International Energy Agency. The rise of solar power in India is augmented at present by the friendly government policies and subsidies in existence. The arena of solar power is new and experiential, at the time, and the future is now, if you are looking forth to reap benefits, not only for yourself but also for your global community.
As the Covid-19 pandemic rages on, across the world, affecting more and more patients worldwide, leaving them in a desperate need to seek medical attention, our main focus of attention for the past few months has been the healthcare system. India saw the largest increase in cases on 4th May, and with the need to hospitalize more and more patients, in Covid-19 containment centers and hospitals, what has come to our attention is the crumbling healthcare system that’s prevalent in the country and especially the shocking state of affairs in rural India, where a government hospital with a maximum of 100 beds is all a town has, to rely on.
The outbreak of the novel coronavirus globally has pushed us into an economic recession, nothing like we’ve seen before, globally. With India being under national lockdown for over a month, at present, and with no future hopes of the lockdown being lifted soon, with the number of cases increasing every day and no apparent treatment yet discovered, the future for solar power in India looks bleak. The International Monetary Fund (IMF) has already declared a global recession, and even India is suffering the heat of such an economic drawback. Caught in the midst of this humanitarian crisis is a very critical sector: the solar energy sector. With climate concerns also gaining significance, we can no longer afford to ignore the carbon footprints we are leaving behind, with the use of conventional sources of energy.