Renewable energy India and Renewable resources

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We've developed some of the worlds largest solar projects in India, established largest solar energy project & are among top three companies in renewable sector. Know more about Welspun Energy's business here.

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Title: Can Renewables Replace Fossil Fuels For A Cleaner Future ⚫ SUMMARY: With the world still largely dependent on fossil fuels there is an urgent need to leverage the limitless offered by renewable sources on a war footing. ⚫ The ongoing global debate on the adverse effects of using fossil fuels like global warming and climate change and major world economies now seriously contemplating a massive switchover to renewable sources like solar and wind energy has raised a fundamental question – Can renewable resources replace fossil fuels for a cleaner future for all of us ⚫ Coal oil and natural gas are the three main sources of fossil fuels that have powered the world till date and continue to do so. The problem is fossil fuels are non-renewable limited in supply and will one day be depleted. ⚫ Despite the inherent potential offered by renewable energy projects they provide only a miniscule 7 percent of the world’s energy requirement as per the Energy Information Agency. In stark contrast fossils fuels in tandem with nuclear energy supply approx 93 our energy requirement. ⚫ The total world energy demand has been estimated at approx 400 quadrillion British Thermal Units BTUs per annum by the US Department of Energy US-DoE. A BTU is roughly equal to the energy and heat generated by a match. Oil coal and natural gas supply nearly 88 of the world’s energy needs or approx 350 quadrillion BTUs. ⚫ Burning fossil fuels creates carbon dioxide the number one greenhouse gas contributing to global warming. Air pollution is also a direct result of the use of fossil fuels resulting in widespread ecological degradation.

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⚫ By the year 2020 world energy consumption is projected to rise by upto 50 approx 207 quadrillion BTUs. Assuming the global consumption of renewable energy sources remains constant existing reserves of fossil are likely to be consumed in approx 104 years as per the US-DoE. Not surprising then energy from renewable sources is likely to play an increasingly vital role in the power generation mix in the future. ⚫ Energy harnessed from renewable sources like solar and wind are non-polluting and inexhaustible. They also help reduce global carbon dioxide emissions and our over-dependence on limited reserves of fossil fuels. ⚫ Essentially these renewable energy sources produce their own energy. We need to devise ways and means to harness their abundant potential and convert it into electricity in an effective and efficient way to cater to our growing energy needs. ⚫ Existing renewable energy sources are more than enough to all the energy we need but the challenge lies in our capabilities to develop the required technology and mechanism needed to effectively produce capture store and utilise this energy as and when needed. ⚫ Welspun Renewables is on a mission to hasten the development of wind and solar energy in India by exploiting the abundant renewable resources.

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Awards GLOBAL SOLAR ENERGY LEADERSHIP AWARD 2015

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Contact Us MUMBAI 406 Hubtown Solaris NS Phadke Marg Andheri East Mumbai - 400069 Phone: +91-022-61408000 Fax: +91-022-26844888 NEW DELHI 3rd Floor Press Trust of India Building. 4 Parliament Street New Delhi - 110001 Phone: 91-011-66034600 Fax: 91-011-66273091 General Enquiries Email: welspunenergywelspunenergy.com Website: http://www.welspunrenewables.com

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