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Renewable Energy

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For updated information, please visit 2021Renewable Energy2Executive Summary3Advantage India 4Market Overview and Trends6Strategies Adopted13Growth Drivers16Opportunities 22Key Industry Contacts26Appendix28Table of Contents3Executive summaryIncreasing investment TherenewableenergyspaceinIndiahasbecomeh ighlyattractiveforinvestorsandreceivedFD IinflowofUS$ MorethanUS$42billionhasbeeninvestedinInd ia srenewableenergysectorsince2014. growth potential AsofJuly2021, , ,providingagreatopportunityfortheexpansi onofgreendatacentres. Indiaistheonlycountry,amongtheG20countri es,whichisontracktoachieveitstargetsunde rtheParisAgreement. targets In2018, ,67GWofwindpowerand31GWoffloatingsolaran doffshorewindcapacityby2022.

platforms, one for grid-connected solar and wind power parks and the other for commercial and industrial (C&I) market. By 2028, India can see investment worth US$ 500 billion in renewable energy. 4. Increasing Investment ADVANTAGE INDIA 1 4 2 3

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