While there are many scientists toiling tirelessly at finding a silver-bullet solution to making cheap energy as cheap and efficient as fossil fuels, there has been a as compared to what would realistically be needed to make the sort of global energy transition necessary to leave most of the world’s proven fossil fuels in the ground.
Indian solar energy story marked a new milestone after India topped the Asia Pacific Region (APAC) for solar photovoltaic (PV) tenders in December 2019. According to analytics company GlobalData, with 49 percent tenders announced and a 75.4 percent share, among all other countries in the region, followed by the Philippines and Pakistan.
Renewable energy is indigenous since it exists within the national territory, an essential factor in avoiding external dependence or the need to import energy in the form of oil or gas.
The International Energy Agency have admitted the growth of solar energy has surprised even them. Installation of solar PV panels has increased by 40% since last year.