INDIA AND US BEST TO DO THE JOINT CAPTAINCY IN

LEADING THE WORLD. NATIONAL RENEWABLE ENERGY

DAY, A DAY TO CHEERS ENERGY, LIFE AND
SUSTAINABILITY TOGETHER.

HIGHFIVE GLOBAL TEAM

AS THE US CELEBRATES THE NATIONAL RENEWABLE ENERGY DAY WITH BIG

INVESTMENT COMING FROM THE BIDDEN-HARIS ADMINISTRATION JUST LIKE INDIA
COMMITS AND BINDS INVESTMANT AS GREEN ENERGY FUND FOR GROWTH IN GREEN
ENERGY.

Let’s remember the Quote of these Greats !

In the words of Mahatma Gandhi "Earth provides enough to satisfy every man’s needs, but not
every man’s greed."

In the words of William Ruckelshaus "Nature provides a free lunch, but only if we control our
appetites."

The National Renewable Energy Day celebrated every year in the US on the March 21. This observance is
to sensitise public and citizens of the dangers of over-usage of fossil fuels and acts as an awareness
campaign for the benefits of using alternative energy mainly the renewable energy sources. With surge in
global warming and the catastrophic effect of Air Pollution It is time for civil reforms and all human being
to reflect on their impact on the world around us and make efforts to put planetary care in the forefront in
preserving the ecosystem.

The Commitment and the Vision?

For a long time, humanity has relied on fossil fuels (coal, oil and natural gas) as the main source of energy.
As of 2019, 84% of primary energy consumption and 64% of electricity in the world was from fossil
fuels. The share of renewables in global electricity generation jumped to nearly 28% in Q1 2020 from
26% in Q1 2019. The increase in renewables came mainly at the cost of coal and gas, though those two
sources still represent close to 60% of the global electricity supply.

The Hurdles and Path breaking?

The renewable energy development is expected to continue to grow rapidly over the next decade.
However, the renewable energy technologies still have a long way to go to replace oil, coal and natural gas
as our primary sources of energy. The Technology presently available are still to be tested and upgraded to
match the cost and economic efficiency desired for mass adoption. Some of the most effective ways to
promote the research and development of renewable energy technologies are through proper policies,
incentive mechanisms, and mutual international cooperation, such as the agreement reached by the 195
countries participating in the Paris Climate Conference (COP21) to reduce emissions that would limit
global warming to less than 2 degrees Celsius. The First and Foremost way to achieve this goal is to
divert from fossil fuels to renewable energy sources!
The Indian Journey for Net-Zero?
The United States isn’t the only country that has a National Renewable Energy Day. India’s Renewable
Energy Day (Akshay Urja Diwas) is celebrated annually on August for increasing government support for
science and technology.

With Great Vision, Good Policies and Industrial Promotion Measures, India witnessed the highest year on
year growth in renewable energy additions of 9.83% in 2022 setting the right tone for the rest of the world.
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval of Disbursal
of Funds of INR 240,000 Million to introduce the Production-Linked Incentive (PLI) Scheme in High
Efficiency Solar PV Modules for Enhancing India’s Manufacturing Capabilities and Enhancing Exports –
Atmanirbhar Bharat. Deservingly and Rightly so India is the 3rd Most attractive Destination for the
Investment in Renewable Energy.

The USA Marching?

The US unlike before has shown tremendous commitment in boosting the Renewable Sector. As per the
Department of Energy Statement

“We’re working to implement the largest clean energy investments in U.S. history. Thanks to President
Biden’s clean energy plan, the U.S. is poised to invest more than half a trillion dollars in clean energy and
climate action over the next decade. 

Through these efforts, Americans are accessing new savings, new jobs, and new opportunities to be a part
of our sustainable future”

In a recent statement the officials declared some of the Biden-Harris Administration’s renewable energy
advancements and investments to date: 

Batteries:

Batteries are a renewable energy source that are critical to the clean energy transition. The Biden-Harris
Administration seeks to draw on their versatility by making them more accessible and affordable for
Americans.  
To date, there have been $85 billion dollars of new U.S. battery manufacturing and supply chain
investments under, including 111 new and expanded processing and manufacturing plants — enough
energy to power 10 million electric vehicles each year. Thanks to these efforts, Americans will now have
access to thousands of new jobs in this sector of the clean energy economy.

Solar Energy: 

Solar energy powers millions of homes and workplaces across the United States by driving heating,
cooling, and lighting technologies and systems. Increasing the affordability of solar energy means that
more and more communities can make simple, renewable energy upgrades.  

Since President Biden took office, nearly $5 billion in solar manufacturing investments have been
announced, including 47 manufacturing plants. Altogether, these investments are enough to power an
additional 7 million homes per year.  

Solar energy is the fastest growing and most affordable source of new electricity in America. The cost of
solar energy systems has fallen dramatically, more Americans and businesses have taken advantage of
clean energy.

HighFive Comments:

In November 2009, the United States and India launched the Partnership to Advance Clean Energy
(PACE), which is working to accelerate inclusive, low carbon growth by supporting research and
deployment of clean energy technologies. With the Change in Political regime in 2014, the Renewable
Energy Industry in India has found accelerated pace in India. The MODI administration has demonstrated
strong will power in Carbon Management and the Sovereign Global Duty.

In 2022, US renewable energy growth slackened its pace due to rising costs and project delays driven by
supply chain disruption, trade policy uncertainty, inflation, increasing interest rates, and interconnection
delays. Many of these challenges will likely carry over into 2023, creating strong headwinds. The recent
announcement by the Biden- Harris Administration will add more and prowess to the much-needed
direction in going after the GOAL
HighFive Global brings on board Reliable Design Engineering Experience of decades. Thanks to our
team of engineers and their constant endeavours to innovate and upgrade with last minutes
changes occurring in the Industry. We are India’s first preferred and Number 1 players beyond
serving clients we serve the solar industries in our quest to make India and World Carbon Minus and
Green Sufficient.

We at HighFive are the promoter of WWW.CRESPAI.COM, the Renewable Energy

Industry Confederation and the GREEN URJA CONCLAVE,
India’s Biggest Forum of Intellectuals (Technocrats,
Researchers, Scientists, Policy Makers, Corporate Leaders,
Civil Society Members) Debate and Policy Propagation of Solar
& Green Technology, Environment & Climate Change. The 5 th
Edition of Annual CRESPAI’s Green Urja Conclave shall be held at the National
Capital of Delhi on 5th June 2023 while conferring the Green Globe Awards to
Corporates & Organization contributing immensely to Green Technology and Controlling Climate
Change.

About the Author

CA. SUDHIR KUMAR DASH

CA. Sudhir Kumar Dash is a Chartered Accountant, an
Environmentalist, an advocate for Renewable Energy currently is
the Chairperson of CRESPAI, an Industry Confederation of
Renewable Energy and Green Technology.

Bhumika Khurana
Chief of Project (Solar Dept.)
Contact E-mail: -cmo@highfive.co.in

Navneet Kaur 

Head of Customer Success

Contact E-mail: -smo@highfive.co.in
Bhumika Khurana & Navneet Kaur are Project Head-
Solar Design in HighFive Global Network, a company
incorporated in 1999, the only company with good standing in the
Outsourcing services with special focus in the Solar Industries. The team
Highfive has inbuilt systems and qualitative professionals to remain abreast of the last-minute
changes and innovation occurring in the emerging Solar industry.