Renewable Energy Policies and Their Effectiveness in Promoting Solar Energy Adoption in India

Abstract

As the daily energy demand is rising the development and production of renewable energy are getting increasingly difficult.  Due to high energy consumption, it has become crucial to convert sustainable and eco-friendly sources of energy. India is the nation with the most amount of sunshine available. In order to capture the energy and reach its goal of having no carbon emissions by the year 2050, the government has put in place a number of renewable energy-related legislation. Since energy plays an influential role in the development of the nation, it is necessary to develop a variety of initiatives to fully utilize energy while keeping in mind the value of the environment. It is clear from the background of solar energy that it has experienced enormous expansion in recent years. This development is due to cost reductions and numerous government initiatives to support renewable energy sources.