Green energy is clean power from nature. It comes from the sun, wind, and water. It does not harm the Earth like oil and gas. This energy helps us keep the air and water clean. It also protects animals and plants. In this blog, we will learn why green energy is good, how it works, and how we can use it in daily life. Anyone can understand this. Even kids can learn from it. Let’s explore how green energy can make our world a better place.
Key Reasons Behind the Growth of Green Energy
In this section, let’s delve into the primary factors driving the explosive growth of green energy in India:
1. Government Support and Policy Framework
The Indian government has made substantial strides in promoting green energy through various policies and initiatives. In 2023, the National Green Hydrogen Mission was launched, aiming to produce 5 million metric tons of green hydrogen annually by 2030. This initiative reflects a broader commitment to achieving 500 GW of non-fossil electricity generation capacity by 2030.
Furthermore, the establishment of a National Grid facilitates the distribution of renewable energy, making it more accessible to consumers. These supportive policies create a conducive environment for investment and innovation in the green energy sector, fueling growth for green energy stocks.
2. Technological Advancements
India’s renewable energy capacity reached 152 GW in 2024, with solar and wind playing key roles. Solar open access capacity grew 153% in the first half of the year, reaching 3.6 GW, driven by low-cost modules and favorable policies.
Karnataka led with over 30% of the additions. Technological advances in energy storage and grid management have improved the reliability of renewable energy despite challenges in land acquisition and transmission.
3. Economic Viability of Renewable Sources
Green energy’s financial advantages are becoming more and more obvious. It is both environmentally and financially prudent to switch to renewable energy sources, as demand for energy is expected to increase by 35% by 2030.
Businesses and consumers have strong incentives to switch to more environmentally friendly options because renewable energy sources are frequently less expensive than conventional fossil fuels.
Investors monitor companies involved in this industry, for example, Adani Green share price, which is ₹1600+ as of Nov ‘24. It reflects confidence in companies advancing green energy.
4. Climate Change and Environmental Needs
India’s move to renewable energy is consistent with its commitment to the Paris Agreement, which calls for net-zero emissions by 2070 and a 45% reduction in GDP emissions intensity by 2030.
The government also intends to generate more than 50% of its electricity from non-fossil sources, reflecting its involvement in global climate initiatives. These efforts demonstrate India’s commitment to sustainable development and tackling climate change.
5. Investment in Infrastructure and Green Technology
To support its green energy ambitions, India needs substantial investment in infrastructure. Projections indicate that nearly half a trillion dollars will be required to meet the anticipated growth in energy demand and infrastructure development.
Investment in green technology is crucial for enhancing the capacity and efficiency of renewable energy systems, ensuring they can meet the energy needs of a growing population.
Conclusion
Green energy is safe for the planet. It keeps our world clean and helps us breathe fresh air. It is the future we all need. Using green energy is a smart and kind choice. We all can help, step by step. Let’s choose green, and make the Earth happy again.
I’m Emma Rose, the founder of tryhardguides.co.uk, and a content creator with a passion for writing across multiple niches—including health, lifestyle, tech, career, and personal development. I love turning complex ideas into relatable, easy-to-digest content that helps people learn, grow, and stay inspired. Whether I’m sharing practical tips or diving into thought-provoking topics, my goal is always to add real value and connect with readers on a deeper level.