India as most attractive global market for clean energy

India has emerged as the most attractive global market for clean energy on 10 July, 2020 through launching a 750 MW solar project in Rewa in Madhya Pradesh through video-conferencing by Prime Minister.

Daily Current Affairs Quiz 2020

Key-Points

Solar energy is sure, pure and secure and the country is now among the top five solar power producers in the world.

The Rewa solar power plant will not only supply power to Madhya Pradesh, but also to the Delhi Metro.

This Rewa project comprises three solar generating units of 250 MW each located on a 500 hectare plot of land situated inside a Solar Park (total area 1500 hectare).

The Solar Park was developed by the Rewa Ultra Mega Solar Limited (RUMSL), a joint venture company of Madhya Pradesh Urja Vikas Nigam Limited (MPUVN), and Solar Energy Corporation of India (SECI), a Central Public Sector Undertaking.

What is Clean Energy?

Clean Energy is energy that is produced through methods that do not release greenhouse gases or any other pollutants.

It can be generated from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat.

Clean energy often provides energy in four important areas: electricity generation, air and water heating/cooling, transportation, and rural (off-grid) energy services.

NCSEA defines clean energy as energy derived from renewable, zero-emissions sources (“renewables”), as well as energy saved through energy efficiency (“EE”) measures.

There is tremendous economic opportunity for the countries that invent, manufacture and export clean energies technologies. Responsible development of all of America’s rich energy resources including solar, wind, water, geothermal, bioenergy & nuclear will help ensure America’s continued leadership in clean energy.