Renewable Energy: Defining India's Future
                     https://ampenergyindia.com/
Renewable Energy: Defining 
India's Future
The renewable energy sector in India is the fourth most lucrative renewable energy 
market globally. As of 2020, India was ranked fifth in solar power, fourth in wind 
power, and fourth in renewable power installed capacity. With the government's 
support, renewable energy solution providers have established a significant 
renewable energy capacity of 160 gigawatts, which constitutes 40% of India's total 
power capacity installation. Over the years, green power generation has received 
an impetus becoming an attractive segment both for the end user and investors. 
India's energy demand is expected to touch 15,820 TWh by 2040. With the efforts 
of the government and renewable energy solution providers alike, renewable 
energy is set to play a crucial role in fulfilling that demand. The government plans 
to set up a green energy capacity of 500 GW by 2030. 
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India plans to become self-reliant to meet its growing power demand, and 
renewable energy will be the key catalyst to help the country realise its goal. From 
solar, wind to hybrids or RTC power or BESS, Renewable energy solution providers 
are helping to mitigate the adverse effects of climate change. It will bring down 
carbon emissions and generate employment, facilitating millions of people's 
consumption of clean, sustainable, and climate-friendly electricity. The increased 
adoption of renewable energy sources will be hugely noteworthy for the global fight 
against climate change. India is revolutionising a new model of economic 
development that could circumvent the previous carbon-intensive approaches 
many countries used and act as a benchmark for other developing economies.
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India's total size and the enormous scope for growth only translate into the growing demand and 
consumption of power in the future, putting it ahead of the curve compared to any other country. To 
meet this, India will be faced with numerous pressing challenges in the near future. Continuous 
reliance on traditional forms of energy is harmful and, with rising costs, not economically viable. While 
the electricity demand fell during the pandemic, it rose suddenly when industrial activity picked up. 
The recent heat has increased the demand for cooling, increasing the pressure on more sources of 
renewable energy capacity. 
The Russia-Ukraine war has increased the prices of imported gas and coal, straining the dispatchable 
energy cost. Renewable energy, along with energy storage systems like battery storage, has thus 
become an affordable source of electricity to meet the increasing demand. Banking allows renewable 
energy solution providers to deposit excess power into the grid, which can be withdrawn later when 
needed. 
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Renewable energy solution providers like Amp Energy India can realise its vision of a greener and 
cleaner tomorrow. Their renewable energy projects are boosting communities, Commercial & 
Industrial customers, and utilities with reliable green electricity. Renewable energy can do so 
much for India's future – better air quality, accessibility to electricity, reduced carbon emissions, 
dealing with rising power costs, mitigating the risks of global warming, meeting the increasing 
demand, and more. 
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Thank You
Contact
Amp Energy India
HQ: 309, Rectangle One, Behind
Sheraton Hotel,Saket,
New Delhi- 110017
 011-43888900
 [email protected]