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Renewable energy presents India with enormous potential for domestic manufacturing and exports

Jayarama Emani | The Dollar Business Design efficiency, cost advantage and volumes present India a definite advantage in the renewable energy sector with more than 164 countries worldwide now adopting renewable energy targets. Speaking to The Dollar Business, Aditya N Rao, Vice-Chairman and MD of Pennar Industries said, “With ample access to sunlight for over 300 days a year, Solar power has emerged as a viable energy source and has a huge scope ahead for India.” Pennar Industries manufactures ‘solar module mounting structures to support the Solar PV panels.’ Given the right impetus, Indian companies can not only cater to the domestic requirements, but can also export services with regards to quicker delivery, reduced overall cost of structure and in turn ...