India Speedily Advancing towards Greener Tomorrow
A low carbon, clean energy economy can be an engine of growth for decades to come”, - Barack Obama, former President, US. In order to grow and develop our country it is very important to plan today. To enjoy clean and sustainable tomorrow, we need to sow the seeds today. Indian government has started responding for today’s energy crisis and investing more on low-emission fuels, efficiency and improvement. Further to support green mission many companies and startups are reviewing every methodology leveraging high-end technology to build safe and secure future.
From stocks to investments, cleanTech demand is skyrocketing. India is nowhere behind when it comes to clean energy. According to a report released by the International Energy Agency (IEA), India is emerging as a global leader in terms of clean and sustainable energy investments. Soon this sectors demand and investments will be surpassing fossil fuels. This is the beginning for a better future. In 2023 the allocation of investments were majorly spent on clean technologies. Of the projected ,almost $2.8 trillion global energy investments was allocated on renewables, electric vehicles, nuclear power, grids, storage, low-emission fuels, efficiency improvements, and heat pumps. India’s commitment for transforming country to green country is profound and very much evident. According to IEA report, solar energy will be taking the centre stage when it comes to the allocation of investments.
The investment decision by the government and investors shows that India is not far from achieving sustainable goals. On a considerable rate, Indian government is very much serious about building a green future with the help of cleantech, healthtech and their effective solutions, policies and regulation acts. Greening solutions are the talk of the town. Young entrepreneurs are successfully initiating with ideas such as renewable fuels and low carbon construction materials as well as vehicles that run on electricity or hydrogen. Additionally, carbon capture, utilization, and storage (CCUS), energy consumption management, and green materials are other major trends.
The focal point is on Renewable energy many companies and startups are marching forward to manufacture, construct, drive and ride with the help of electricity or hydrogen. The main motto behind this revolution is tackling emission and support government’s vision in making India a netzero carbon economy by 2050.
Slowly yet steadily following the aggressive targets, the CleanTech industry will be the dominant source of power worldwide by FY2050, renewable energy sources like wind and solar will account for most of the electricity generation worldwide, EVs or Electrical Vehicles will become a common name, with more than half of all new cars being electric by FY2030, and The CleanTech sector will play a major role in reducing greenhouse gas emissions and avoiding climate change catastrophes.
Undoubtedly, cleanTech will be the technology of future.
From stocks to investments, cleanTech demand is skyrocketing. India is nowhere behind when it comes to clean energy. According to a report released by the International Energy Agency (IEA), India is emerging as a global leader in terms of clean and sustainable energy investments. Soon this sectors demand and investments will be surpassing fossil fuels. This is the beginning for a better future. In 2023 the allocation of investments were majorly spent on clean technologies. Of the projected ,almost $2.8 trillion global energy investments was allocated on renewables, electric vehicles, nuclear power, grids, storage, low-emission fuels, efficiency improvements, and heat pumps. India’s commitment for transforming country to green country is profound and very much evident. According to IEA report, solar energy will be taking the centre stage when it comes to the allocation of investments.
The investment decision by the government and investors shows that India is not far from achieving sustainable goals. On a considerable rate, Indian government is very much serious about building a green future with the help of cleantech, healthtech and their effective solutions, policies and regulation acts. Greening solutions are the talk of the town. Young entrepreneurs are successfully initiating with ideas such as renewable fuels and low carbon construction materials as well as vehicles that run on electricity or hydrogen. Additionally, carbon capture, utilization, and storage (CCUS), energy consumption management, and green materials are other major trends.
The focal point is on Renewable energy many companies and startups are marching forward to manufacture, construct, drive and ride with the help of electricity or hydrogen. The main motto behind this revolution is tackling emission and support government’s vision in making India a netzero carbon economy by 2050.
Slowly yet steadily following the aggressive targets, the CleanTech industry will be the dominant source of power worldwide by FY2050, renewable energy sources like wind and solar will account for most of the electricity generation worldwide, EVs or Electrical Vehicles will become a common name, with more than half of all new cars being electric by FY2030, and The CleanTech sector will play a major role in reducing greenhouse gas emissions and avoiding climate change catastrophes.
Undoubtedly, cleanTech will be the technology of future.
