Grow in an industry undergoing transition
The global power industry is seeing a landmark shift as share of renewables and other clean energy sources in our energy mix is on the rise. The shift is driven partly because consumers are growing more conscious towards environment and partly due to governments acknowledging the concerns and formulating eco-oriented policies. The number of countries, who have set up renewables and other clean energy targets, has more than doubled in the last decade, which marks the ‘coming of age’ for such sources.
The transition process, however, brings its own set of challenges for players in power & renewable segments such as increased competition, pressure on tariffs, idle capacity, reducing government incentives, maturing markets among others. At Genesis Ray Energy, we are excited to witness the global shift happening towards renewables and other clean energy sources including Natural Gas / LNG, and are geared up to turn the challenges into opportunities.
