Why Opt For Renewable Power
As technology improves and costs continue to fall, renewable energy is becoming the practical choice for a sustainable future.
Coming Future
Global Temperature Rising
The average global temperature on Earth has increased by at least 1.1°C since 1880. The majority of the warming has occurred since 1975.
At 1.5°C warming, about 14 percent of Earth's population will be exposed to severe heatwaves.
Global Warming
An existential threat and crisis for humanity.
Urgent actions are required to combat the climate change.
India among the most vulnerable
Nearly 75% of the districts in India are hotspots for such extreme events.
Our Concern
- Power consumption in India is expected to double by 2040.
- Indian industries are also experiencing exponential growth.
- India's power production is heavily dependent on coal the availability of which is under pressure after COP 27.
- The power costs are likely to increase over the next few decades, as the supply won't be able to meet the demand.
- This effectively is leading to increase in the price of energy and manufacturing costs for industries.
Power demand to double.
Coal heavy power production.
Increase in energy prices.
Why Opt For Renewable Power?
Benefits
01. Low Energy Bills
- Up to 12 - 15% electricity bill savings.
- Insurance against rising tariffs.
- Payback period of 3 - 4 years.
- Renewable energy gives you an opportunity to contribute towards a healthy Earth.
02. Public Relations Boost
- Demonstrates that you care about the community.
- Global corporations (eg. Siemens) mandates to deal with environment sensitive companies / practices.
- Become the "Preferred Choice" of your customers.
03. Fulfilling RPO
- Known as renewable purchase obligations (RPOs), power distribution companies, captive power plants and other large electricity consumers are bound to meet them by purchasing a certain percentage of their requirements from renewable energy sources.
04. Powerful ROI
- Cost competitive manufacturing boosts country's economy.
- By switching to renewable energy, you're ensuring competitiveness of your business.
- In a way, you are contributing to growth of country's GDP.
05. Additional Benefits
Reducing impact of Global Warming
Public Health Improvement
Abundance of Energy
Jobs and other economic benefits
Reduced Air Pollution
Cheapest power option