Clean Energy Market Emerges for India’s Rural Poor
The market for clean energy products is growing among India’s rural poor, a massive segment that consists of 114 million households and more than 60 percent of the nation’s population of 1.15 billion, according to a new report. Nearly half of India’s rural poor do not have reliable access to electricity and more than 85 percent largely rely on firewood or dung for cooking and heating. As a result, Indian companies are increasingly seeing a market opportunity in providing alternativecooking and electricity products — including solar lanterns,energy-efficient stoves, biomass gasification, and small-scalehydropower — to the nation’s rural market, says the report published bythe Centre for Development Finance and the World Resources Institute.Since 2004, the market for green energy products in rural India hasgrown at an average rate of 36 percent a year and this market couldeventually grow to more than $2.1 billion annually, the report said. Inaddition to reducing greenhouse gas emissions, the continued emergenceof this market could have profound effects on human health in ruralIndia, as firewood and dung fires produce sooty emissions linked to health problems and premature death.
- America’s Problem with Solar
- PV @ $0.37 per watt in 2017?
- Fuel Cells in Outer Space!
- Electric Vehicle Wireless Charging is Here
- New York City Gets 25 Solar Streetchargers
- Will Electric Racers dominate at Pikes Peak?
- Improving Solar Cells with Quantum-Dot Microscopy
- Reduce Your Global Footprint and Energy Consumption
- Solar on Breweries Across the U.S
- How Green Windows Provide Energy Efficiency
- Solar + Cloud Computing: Google’s Project Loon
- Wood as a Green Material
- In Focus: Green Engineering Advancements
- The Electric Vehicle Market in 10 Years
- Panasonic: 100M Li-Ion Tesla Batteries Ship This Month
- In Focus: India’s Energy Ties with Iran
- New Renewable Energy Projects Approved by Obama Adminstration
- The Solar Robots are Coming!