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Renewable energy is at the core of all activities at IT Power India (ITPI). The Company's expertise lies in various renewable energy technologies - solar thermal, solar photovoltaics, mircohydro, wind power and biomass - as well as energy efficiency technologies. The renewable energy project experience spans across the Asian and African regions and covers the entire spectrum of activities which include:
• Policy Analysis and Formulation
• Planning and Resource Analysis
• Project Appraisal, Development, Evaluation and Monitoring
• Market Assessment and Development
• Development/Elaboration of Standards and Specifications
• Technology Transfer and Capacity BuildingIn addition to the above, ITPI also has the expertise across other groups to provide clients with comprehensive renewable energy solutions that address the financing, capacity building and information dissemination needs of specific projects. ITPI is also involved in renewable energy product development and testing, primarily for applications in the health sector.
Energy as used by our civilization falls into three principle categories: electric, thermal and mechanical. The resources required to produce what we call “renewable energy” are either undepletable or replenish themselves at a rate that is significantly faster than we can consume them. Most also do significantly less damage to the natural environment and are thus deemed sustainable. The sun, the wind, tides, river and marine currents can provide power indefinitely. Agricultural, livestock and industrial waste can be converted into bio-fuels and provide alternative cleaner burning energy sources than oil or coal.
Such energies have also become better known for their lower or in many cases inexistent greenhouse gas emissions. Excluding large hydroelectric, less than 1% of world energy production at this time comes from renewable energy. Much of the large-scale growth of renewables seen in the energy industry is due to increasing concern about the impact of an already noticeable climate change resulting in part from fossil fuel consumption, as well as global awareness that oil is a finite resource likely to soon pass production peaks and become prohibitively expensive as a primary energy source.
Renewable energy has historically found its market in standalone applications in rural areas and developing countries, in applications ranging from water pumping to village electrification and remote telecommunications. Today, in an age of increasing environmental concern and growing trend of sustainable energy, the renewable energy marketplace is showing unprecedented growth. Renewable energy power plants and industrial/commercial/residential grid-tie systems are becoming common and countries worldwide are setting aggressive targets for the near future to decrease their dependency on fossil fuel and reduce greenhouse gas emissions.
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