Thursday, 11 February 2016

Growth of Green Technology and Renewable Source of Energy::

The Renewable Source of energy and green technology sector is growing in India and abroad. According to a report by National Renewable Energy Laboratory the percent of electricity generated by the Renewable Sources in US and whole world is increasing. The Renewable electricity capacity has reached over 15.5 percent of the overall installed capacity in the United States. The installed capacity for the same has reached to 179 gigawatts and has generated about 554 terawatt hour of electricity.Out of the various renewable sources of energy used in the above production the hydro power forms the major portion of energy source. After the hydro power comes the wind energy source and then comes the solar energy sources.The solar energy and the Solar technology forms the smaller portion of the total energy produced the 6 percent out of total 22 percent of electricity by renewable is accounted by solar energy. The solar energy sector is the fastest growing sector in the field of renewable energy as was also seen in the US. The California has set a record of solar power in recent months and has doubled its solar power generation in less than a year.The global investments in the field of Renewable Sources of energy have grown and also these are the implications of the changing climate, increasing pollution and environmental effects. The governments of various countries are promoting the sector and are providing various kinds of subsidies for the products and technologies related to green technology.In India also new companies like Makes India Clean have emerged in this field and are a major market player in green technology sector. Makes India clean is a leading provider of the product and services related to green technology. They specialize in the products like insinkerators as well as water and effluent treatment plants. They are also a leading provider of the Solar Technology products.

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