Tuesday, October 11, 2011

Wind Energy in India

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India is currently the world’s third largest greenhouse gas producer. As India’s population continues to grow larger and larger, India will continue to need more and more energy. This is a scary thought considering the fact that we need to drastically cut fossil fuel consumption as soon as possible to avoid catastrophic effects. General Electric is helping combat India’s potential fossil fuel reliance by investing 50 million dollars into a company called Greenko. Greenko is an Indian green energy which currently owns and operates seven hydroelectric plants, six biomass plants, and one gas/liquid fuel plant. Together these clean energy plants provide 183 megawatts of clean energy to India every year. The 50 million dollar investment will be enough to build 500 megawatts of wind projects across the country of India. Greenko's President Mahesh Kolli stated that this investment combined with the revue made from the investment will be enough to propel the company to its goal of providing 1 gigawatt of clean electricity by 2016. Currently 14 gigawatts of energy are provided to India each year by wind turbines. It has been estimated that India has the capacity to support 45 gigawatts of energy from wind turbines. It is exciting to see India take such a large step in the direction of sustainable energy. Also, this is a great investment for General Electric who is currently the world’s third largest producer of wind turbines. It is estimated that at least 30 states in the United States have the potential to be self-sustaining clean energy providers, so hopefully we will see similar investments in the United States in the coming years.

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