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Biomass POV

23 Feb 2023
Biomass POV

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.

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