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Envoirnment

|November 9
2008 | |
|A Project Report on using and exploiting Wind Energy in developing Countries like India and China | |

Introduction:

When it comes to foreign investment companies and investors often overlook the current problems of various nations. The best example would be the problem of Green House Effect. It has become a very popular concern among people and everyone is trying hard to fight it. There has been a constant modernization going on in the 3rd world nations and countries which used to be shy and neglected earlier have become the hub for foreign investments. With all the development in air travel and proper communication among people, the world has become smaller and more accessible a place to live in.

Two major countries currently facing the pollution problem are India and China. With their general economic growth has come a rise in the opportunity for investing in the renewable sources of energy and pushing its people to create awareness of the uses. In this paper, the researcher briefly reviews these nations, their economies and the opportunities that may or may not exist for an investment in renewable sources of energy. Also the researcher would present the existing facilities and current usage.

India, despite its good laws and great intentions causes the same amount of pollution as any other developing country.

Overview of the Countries and their economic developments:

• India: India is a country in the South Asia. It is the 7th largest country geographically and the second most populous nation in the world with a population of 1.13 Billion. It consists of 28 States and 7 Territories. It follows the parliamentary system of democracy. India attained independence in the year 1947 from the British community and since then has never looked back; constantly fighting for development. India is also a member of the Commonwealth of Nations.

India recorded a GDP of 9.1% for...