2.4 Million jobs by 2010
India’s renewable energy sector create up to 2.4 million renewable energy jobs by 2020, according to a report jointly commissioned by environmental group Greenpeace, the Global Wind Energy Council and the European Renewable Energy Council.
To date, the sector employs 200,000 people, but this could jump 14 times by 2030 with the right policies and investments in place, stated India Energy [R]evolution report.
By 2050, about 92 percent of India’s energy infrastructure will be based on renewable energy sources. Renewables such as wind, solar thermal energy and photovoltaic, will comprise 74 percent of electricity generation.
The study projected that the country will experience immediate market development, with high annual growth rates achieving renewable electricity share of 32 percent already by 2020 and 62 percent by 2030. Moreover, the installed capacity of renewable energy will reach 548 gigawatts in 2030 and 1,356 by 2050.