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India to invest $145 million in clean energy research

India to invest $145 million in clean energy research

By BizLED Bureau

June 13, 2016:  India, the world leader in LED lighting who has provided over 100 million LED bulbs to its residents, is all set to increase investment in clean energy research from $72 to $145 million. This announcement was made by Harsh Vardhan, the Cabinet Minister of Science and Technology and Earth Sciences of India at the 7th annual Clean Energy Ministerial.

Tarun Kapoor, Indian Joint Secretary of New and Renewable Energy, pointed out that Over 50 million Indian households don’t have access to electricity. The nation has the biggest electricity grid in the globe; however 11,000 villages across the nation don’t receive power. He also pointed out that the government’s first priority should be to provide each Indian household with electricity by 2020.

Off the grid solutions

Kapoor further noted that connected areas frequently lack sufficient energy. He also added that mini grid can play a major role in order to get the entire nation constantly lighted. About 300 micro-grids are at present up and running, however Kapoor said they are at present not realistic for remote areas as micro-grid owner may as well require at least 200 households to make energy reasonably priced to customers.

Furthermore Kapoor said that the Indian government will have to take into consideration off the grid solutions like solar lanterns, solar-based home energy systems and micro-grids.

READ ALSO: LED manufacturing market in India to hit $3.6 bn by 2020: DeitY

In April 2016, India announced that it would approve the break-through agreement proposed at the Paris summit, which has already been signed by 20 nations. The agreement commits its signatory nations to control greenhouse gas emissions and decrease carbon output in a quantifiable manner, which is reported every five years to the United Nations Framework Convention on Climate Change Secretariat. The agreement also requires the signatory nations to set determined financial aims to clean energy and climate change research.

India to invest $145 million in clean energy research

Vardhan said that Narendra Modi, the Prime Minister of India Narendra Modi is extremely interested  in Mission Innovation, which represents the combined desire of countries to operate together to offer clean energy, attain breakthroughs, expand cost reduction schemes, and joint research along with boosting private sector investment.

The core areas that India will focus on include green vehicles, bio-based fuels, solar, hydrogen, cleaner fossil fuels, carbon capture and usage, more efficient electricity grids, energy storage, and carbon-negative technologies.

Vardhan pointed out that the nation was focused on energy access for its poorest residents, and said that India has already handed out 35 million free gas cylinders to rural women to get rid of the tiresome every day hunt for wood fuel. A total of 50 million gas cylinders are to be distributed by Indian government in the near future, added Vardhan.

770 million LEDs to be distributed

Vardhan also said that over 770 million LED bulbs will be distributed across India. LEDs use approximately one-tenth of the energy of conventional halogen bulbs; a LED bulb has a life of 80,000 hours, while a halogen bulb characteristically lasts only 5,000 hours. The nation has also been able to noticeably lessen the price of an LED bulb from $5 to a mere 80 cents; the minister proudly announced that this achievement was attained without subsidies.

READ ALSO: 3 Indian LED products to watch out in 2016

Vardhan also pointed out that India is hoping to lead the world in energy-efficient heating and cooling appliances. Room air conditioning use in India at present uses about 40 to 60% of all energy produced in the nation, particularly during peak summertime use. Residential and commercial AC usage is likely to grow by 50% within the next two decades in India, according to a report by the Natural Resources Defense Council.

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