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We are already beginning to realise the
tremendous potential that renewable energy
sources hold. For example, 99 percent of Costa
Rica's electricity comes from renewable energy
sources; wind power produces 97 percent of
Scotland's household electricity needs, while in
the US, a new solar energy system is installed
every three minutes. Even corporate giants all
over the world are adopting the green behaviour.
Intel leads the US Environmental Protection
Agency's (EPA) Green Power Partnership National
Top 100 list. The world's largest retailer,
Walmart is one of the leading producers of solar
energy with 145 MW capacity while Apple is
committed to running on 100 percent renewable
energy.
Yet, we have only scratched the surface. If used
to its fullest extent, sunlight falling on the
earth for an hour could meet the world's energy
demands for an entire year! At the pace which we
are turning to renewable sources, solar power
may be the world's main source of power by 2050.
So much so, that Europe and North Africa could
run on 100 percent renewable energy by 2050.
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India in the midst of global green energy
revolution
Amid this global transformation, India is
witnessing its own revolution with the
government heavily encouraging renewable
sources. We have the world’s largest renewable
sources programme that aspires to produce 175 GW
of energy till 2022.
We have already achieved an increase in our
solar capacity to the tune of 370 percent in the
last three years, from 2.6 GW to more than 12.2
GW. With this we have also achieved reduction in
solar tariffs by more than 75 percent using plug
and play model. Apart from that, India also got
the highest ever wind capacity addition by 5.5
GW in 2016-17.
At .Kreate, we are at the crux
of this global evolution. We see ourselves as
not just buyers and traders of green power in
the country, but responsible and accountable
participants in bringing about a behaviour
change and shaping a new reality.
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Working towards a greener tomorrow
With .Kreate Green Energy, we
intend to use our ideas, experience and R&D
focus to combat potential power crisis and
climate change. This means constantly developing
new products and services to enable
mainstreaming of renewable energy projects. We
have already installed about 1000 KW of solar
rooftop projects and have also started
developing small hydro plants, expanding our
power generation capacity to 25-30 MW. We also
seek to participate in community activities
promoting a self-sustaining village model around
our projects and activities.
The ultimate objective is to reduce carbon foot
prints in industries while promoting,
encouraging and helping create a greener
ecosystem that will lay the foundation for a
world, where we all can grow exponentially, and
yet in a sustainable manner.
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