Renewable energy in India comes under the purview of the Ministry of New and Renewable Energy. India was the first country in the world to set up a ministry of non-conventional energy resources, in early 1980s. India's cumulative grid interactive or grid tied renewable energy capacity (excluding large hydro) has reached 33.8 GW, of which 66% comes from wind, while solar PV contributed nearly 4.59% along with biomass and small hydro power of the renewable energy installed capacity in India.
Fossil fuel reserves are diminishing rapidly across the world, intensifying the stress on existing reserves day-by-day due to increased demand. Not only that, fossil fuels, presently contributing to 80% of world primary energy, are inflicting enormous impacts on environment. Climatic changes driven by human activities, in particular the production of greenhouse gas emissions, directly impact the environment. Energy sector has a key role in this regard since energy during its production, distribution and consumption is responsible for producing environmentally harmful substances. A secure and accessible supply of energy is thus very crucial for the sustainability of modern societies. There is an urgent need for a quicker switch over of energy systems from conventional to renewable that are sustainable and can meet the present and projected world energy demand. Solar power is one of the most promising renewable. It is reliable and less vulnerable to changes in seasonal weather patterns. Hydrogen, in the capacity of energy vector, is expected to be the optimum solution for intermittency and storage of energy produced by renewable. Thus, coupled with hydrogen as an energy carrier, solar energy has a large potential to become the fuel of the future. The present study is aimed to explore such potential for India in 2025. India is expected to have a high growth rate in energy demand over the coming years due to its huge population and rapid economic development.
Few Indian Major Players are as under
• Bhagyanagar India Ltd.
• C P E C Ltd.
• Central Electronics Ltd.
• Environ Energy-Tech Services Ltd.
• Epic Energy Ltd.
• Gujarat Mineral Devp. Corpn. Ltd.
• H B L Power Systems Ltd.
• Harsha Engineers Ltd.
• I T I Ltd.
• Indian Metals & Carbide Ltd.
• Indosolar Ltd.
• J S W Green Energy Ltd.
• Jai Bharat Gum & Chemicals Ltd.
• Jain Irrigation Systems Ltd.
• Moser Baer Solar Ltd.
• N E P C India Ltd.
• P L G Power Ltd.
• Rajasthan Electronics & Instruments Ltd.
• Reliance Industries Ltd.
• Shurjo Energy Pvt. Ltd.
• Star Delta Transformers Ltd.
• Surana Solar Ltd.
• Surana Telecom & Power Ltd.
• Swelect Energy Systems Ltd.
• Titan Energy Systems Ltd.
• Ujaas Energy Ltd.
• Usha (India) Ltd.
• Websol Energy System Ltd.
• X L Energy Ltd.