The paradigm shift to the renewable energy sector is gaining increasing acceptance the world over. Some of the basic drivers of this strategically important shift include rising environmental awareness, bolder climate ambitions, an accent on energy security, the emergence of climate-centric industrial policy, the rising cost-competitiveness of renewable power and supportive government policies.
The renewable energy sector in India is one of the most diverse and dynamic energy sectors in the world. Renewable Energy (RE) generation sources, such as hydro, solar, and wind, are the primary sources, while biomass, pump storage plants, and waste-to-energy are secondary sources.