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Renewable Energy Can Fuel India’s Economic Growth

By [email protected] - 23rd March 2015 - 13:53

Government officials, investors, and energy industry leaders gathered in New Delhi to attend RE-Invest, the First Renewable Energy Global Investorsâ Meet & Expo. The Director-General of the International Renewable Energy Agency (IRENA), Adnan Z. Amin, stressed the importance of renewable to meet Indiaâs growing energy needs. âIndiaâs increasing demand for energy can no longer be met through traditional energy sources alone,â said Mr. Amin in his keynote address. âRenewable energy must be a major part of the solution because it can meet the demand cheaply and sustainably while at the same time achieving broader socio-economic objectives.â In addition to being increasingly economical, Mr. Amin stressed that renewable energy provides strong social and environmental benefits, simultaneously improving public health and security, creating jobs, reducing air pollution, boosting GDP and improving the balance of trade.