India, China and Brazil are emerging as the stalwarts in the renewable energy of the developing world.
While India is facing an acute energy scarcity which is hampering its industrial growth and economic progress, it has become essential to tackle the energy crisis through judicious utilization of abundant the renewable energy resources, such as biomass energy, solar energy, wind energy and geothermal energy.
At the same time, China’s rapid economic growth and heavy reliance on increasingly expensive foreign oil, the vast environmental toll that is one of the most apparent costs of China’s economic success, persistent rural poverty in China and periodic power shortages all have impressed upon the Chinese government that renewable energy must be a large part of China’s economy if China is to both complete its economic transformation and achieve “energy security”. China rapidly has moved along the path of renewable energy development.
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