In last few years in India enormous efforts have been made in creating awareness and opportunities of using renewable energy. Both public and private sectors have played a huge role towards it.

The Indian government has also set specific targets for renewable energy: by 2012 it expects renewable energy to contribute 10% of total power generation capacity and have a 4-5% share in the electricity mix. This implies that growth in renewable energy will occur at a much faster pace than traditional power generation, with renewables making up 20% of the 70,000 MW of total additional energy planned from 2008-2012. According to the 11th New and Renewable Energy five-year plan proposed by the government of India, from 2008-2012 the renewable energy market in India will reach an estimated US $19 billion..

Canada is a powerhouse of renewable energy. With its rich resources of water, solar, wind and biomass, Canada has the raw materials to produce green energy. The sector is poised for spectacular growth, creating unparalleled opportunities for strategic partnerships and investment to develop and commercialize competitive technologies, manufacture products and provide services to this fast-growing industry.

There is a huge opportunity available for both Canadian and Indian companies to explore this sector.