Foreign Interests a Big Part of India’s Green Energy Strategy

As India quickly develops in to a global economic power, India’s government is reaching out to green energy technology sectors all over the world. In the near future, the country looks to invest over fifty billion dollars in the up andcoming field of technology. Their progressive government sees not only the renewable benefits of powering their country with sustainable energy, but also the economic boon of exporting green energy to other nations.

Dividing the 50 billion dollars between solar, wind, biomass, and other sources of green energy, India looks to build a diverse and powerful array of green energy technology. This strategy seems to be the answer to most problems that countries have with green energy. While the diversity may be more expensive up front, India’s power won’t be cut off by an unexpected lack of sun, or if the winds die down, as there will be redundant systems in place.

While having sustainable energy for your own country is good, earning money off the excess is better. As countries shy away from the price tag of developing the infrastructure needed for such measures, India will be able to sell those countries the green energy they produce at a lower rate than it would take to consume it. It’s a race to be the first mass exporter of green energy, and anyone not playing will fall second fiddle to those who did. Whomever comes out on top, however, one thing is for certain: Green energy’s future is looking brighter every day.