Up to code for decarbonization
The International Energy Agency predicts that India will record the world’s fastest growth in energy consumption from buildings through 2040. The energy demand could create a big market for solar installers and equipment providers, particularly in the commercial and industrial sector. While building codes now include provisions for renewable energy integration, effective implementation will be key to ensuring compliance, reports Uma Gupta.
Buildings consume about one-third of the total electricity consumption in India, according to 2021 energy statistics by India’s Ministry of Statistics and Program Implementation. And this share is set to grow. Energy consumption in buildings is accelerating along with India’s urbanization rates, coupled with improvements in the wider standard of living. In fact, the International …
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