ReNew Energy Global: The Indian Renewables Opportunity Is Opening Up


Source: seekingalpha.com seekingalpha.com

Key Topics in this News Article:

News Snapshot:

metamorworks/iStock via Getty Images It's often overlooked in the news, but India is fourth globally in installed renewable energy capacity (fourth wind power, fifth solar power). Last year was one to miss as India installed just 13.5 GW of renewable capacity, but with a goal of 500 GW non-fossil fuel-based energy production capacity by 2030 it looks interesting. There's a long way to go and some areas are poorly developed (eg rooftop solar, just 3.5 GW added from January through November in 2023). Here I look briefly at the background to renewable energy investment globally. Then I focus in on...