Following the atomic energy plant crisis in Japan and ahead of the global conference on wind-power in Chennai, there are fresh demands in the city to promote renewable energy by offering lower interest on loans to stakeholders in the renewable energy industry. The stress this time is as much as on clean energy as safe energy.

Lowering of interest reates would allow fuller tapping of renewable energy sources, stakeholders in the city, who have been seeking more sops for the renewable energy industry, claim.

"We are aware of potential risks in nuclear energy generation. Countries like Germany have postponed commissioning of their nuclear power plants for now. In India, we need lower interest rates to help realise the renewable enery potential," said the founder and Director General of the World Institute of Sustainable Energy (WISE), Pune, G M Pillai. WISE released a wind-power factsheet on Thursday ahead of the two-day global conference on wind-power, set to begin on April 7.

Source: http://www.indianexpress.com/news/japan-crisis-gives-more-wind-to-renewable-energy-demand/764183/0