India Has the World’s Fastest-Growing Solar Industries
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Feb 27, 2016 10:17PM
SideNote: We've heard the Silver analyst reporting that China consumes a great deal of Silver for the construction of Solar pannels. India has joined the renewable energy movement in a big way, also producing solar pannels. Got Physical Silver? GRIM
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India’s program fueled a huge solar energy boom. Ben Beachy, senior policy advisor for the Sierra Club’s Responsible Trade Program, explained that, in “just five years, thanks to India’s National Solar Mission, India has gone from having virtually no solar capacity to boasting one of the world’s fastest-growing solar industries.”
The country’s original goal was to create 100,000 megawatts of solar power capacity by 2022 — which, the Sierra Club notes, is “more than the current solar capacity of the world’s top five solar producers combined.”
Approximately 300 million Indians, or one-fourth of the country’s enormous population, don’t have access to electricity. India’s solar energy program hoped to help millions of Indians gain more access to electricity, while limiting pollution and reliance on fossil fuels.