Sameer Gupta, chairman and managing director of Jakson Group, one of the power solution providers in the country, here on Tuesday said that it is possible to attain good economic growth without disturbing environment.
“In 2015, we were emitting around 30-32 billion units of carbon dioxide into the environment and this has remained constant in the last two years. This indicates that economic growth can be attained in a sustainable manner, without disturbing the environment,” he said while delivering a talk on “Future of Renewable & Solar Energy” at Indian Institute of Management Indore.
The talk was organised by Executive Post Graduate Programme in Management (EPGP) students of IIM Indore as part of iKON CxO guest lecture series. Gupta noted that climate changes and global warming are some challenges which need to be taken care of immediately as they may lead to health and survival issues.
Sharing a historic snapshot of global energy mix during his presentation, Gupta conversed about the shift in the utilisation of non-renewable and renewable resources of energy.
Gupta discussed about various resources being used worldwide for electricity production, and noted that the use of natural gas has amplified and coal consumption has gone down.
“The developing countries are today investing as equally as the developed nations in the renewable energy. The advancement in technology and research & development has led to various solar innovations, resulting in the fall of solar module prices from $76 to just $0.30 today.”
Citing the figures of renewable electricity generation targets for India, Gupta said that the target for the year 2022 is to generate 175 GW of total renewable energy—which includes 100 GW from solar energy, 60 GW from wind energy, 10GW from bio-energy and 5GW from small hydro energy. “It is now time to elect our choices for saving the environment and the kind of resources we use for electricity and transport purposes’, Gupta said.
He discoursed about various solar novelties like solar rooftops, solar cells, solar ink, solar film, solar CSP (concentrated solar powers), solar roads and solar airplanes, which are going to be the future of energy production.
Sharing his own experience while working in the industry, Gupta revealed how various events like the recession, fluctuations in the global prizes, etc helped him learn the tactics of work. “Work for what you aim for and always invest in long-term objectives rather than looking for short-term profits,” Gupta advised the students of IIM Indore.