The
Indian biomass market is attracting investments from global green energy
companies. There is a growing demand for the supply of clean and reliable power
to businesses in India and biomass as a source of energy is expected to play a
crucial role in meeting the power demand. Our report Biomass POV highlights the
potential of the Biomass market and sheds light on the following points-
- The
increasing demand for renewable energy sources and government initiatives to
promote the use of biomass are major factors driving the growth of the market.
- Agricultural
waste, forestry residues, and municipal solid waste are the major sources of
biomass in India, with agricultural waste accounting for the largest share.
- The
use of biomass for power generation is the largest application segment of the
Indian biomass market.
- The
report suggests strategies such as developing partnerships with farmers to
secure biomass feedstock, investing in research and development of new
technologies, and exploring new business models for biomass projects to
capitalize on the opportunities in the Indian biomass market.