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Green Energy in India
India has a vast supply of green energy resources, and has a significant program for deploying these resources. The Renewable Energy market in India is pegged at US$600 million, growing at 15% per annum. The Government’s renewable energy target by 2030 is 200 gigawatts, estimated to require US$200 billion in capital investment. Currently, 3.5% of installed capacity is in the renewable sector, producing 3700 MW. Renewable energy is projected to produce 10,000 MW by 2012.

Indian Solar Energy Market Outlook 2012
Solar energy offers enormous potential for a tropical country like India where around 45% of households, mainly rural ones, do not have access to electricity, says a new research report “Indian Solar Energy Market Outlook 2012” from a leading research company RNCOS.

India receives solar energy equivalent to more than 5,000 Trillion kWh per year, which is far more than its total annual energy consumption. The country’s geographical location, large population and government support are also assisting it to become one of the most rapidly emerging solar energy markets in the world. Consequently, the country is becoming a favorite investment destination for both local as well as global players.

Demand for solar products has been rising rapidly over the recent years, especially in rural areas, and is expected to continue growing substantially during our forecast period (2009-2012). The total number of solar lanterns in India is projected to grow at a CAGR of about 40% between 2009 and 2012.

 

Green energy a priority in Indo-German cooperation
By Zehra Naqvi Feb 02 2010 , New Delhi

Cooperation in the fields of renewable energy and increasing energy efficiency would continue to be priorities in Indo-German development cooperation, German President Horst Kohler said on Tuesday at a business session jointly organised by the Confederation of Indian Industry (CII), Federation of Indian Chamber of Commerce and Industry (Ficci) and the Indo-German Chamber of Commerce (IGCC). He, however, stressed that climate protection can work only with binding and verifiable rules for everyone.

Kohler also emphasised the co-operation between the two countries in the scientific sphere, and announced the setting up of two new centres of science and technology. “Tomorrow, we will inaugurate the Indo-Max Planck Institute for Computer Sciences,” he said, adding that “the establishment of a German House of Science and Innovation in New Delhi, under whose roof German institutions will come together and present themselves as partners for the future is imminent.” The Max Planck Institute will be launched at IIT, New Delhi, to carry out cutting-edge research in computer science.

President, Ficci, Harsh Pati Singhania, said he expected trade between India and Germany to expand to 20 billion euros by 2012. “Germany is India’s third largest trading partner, so German capital and technology will be big areas of interest for India,” he said.

Cited from # http://www.india-reports.com/RNCOS/solar-mrkt-2012.aspx # http://www.mydigitalfc.com/news/green-energy-priority-indo-german-cooperation-07

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