Comparative Assessment and Obstacles in the Advancement of Renewable Energy in India and China
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Abstract
This paper presents a comparative in-depth investigation of the energy standings, opportunities and the barriers that occur in the expansion of renewable energy in the Asia’s two fastest growing economies, i.e. India and China. These two countries contain almost 36% of the world’s population and constitute the fastest emerging hub for trade and industries in the energy sector in which different types of energy resources are sought to meet the energy demands. Non-conventional sources of energy are the inevitable alternative for the achievement of economic improvement, ecological balance, nature friendly environment and sustainable development. It is recommended to eliminate the obstacles to achieving the estimated energy targets of the 13th financial year plan (FYP) of both nations and stimulate the enhancement of the rate of green energy resources exploitation.
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