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Renewable Energy

For updated information, please visit 2021 Renewable Energy2 Executive Summary3 Advantage India 4 Market Overview and Trends6 Strategies Adopted13 Growth Drivers16 Opportunities 22 Key Industry Contacts26 Appendix28 Table of Contents3 Executive summaryIncreasing investment TherenewableenergyspaceinIndiahasbecomeh ighlyattractiveforinvestorsandreceivedFD IinflowofUS$ MorethanUS$42billionhasbeeninvestedinInd ia srenewableenergysectorsince2014. growth potential AsofJuly2021, , ,providingagreatopportunityfortheexpansi onofgreendatacentres. Indiaistheonlycountry,amongtheG20countri es,whichisontracktoachieveitstargetsunde rtheParisAgreement. targets In2018, ,67 GWofwindpowerand31 GWoffloatingsolarandoffshorewindcapacity by2022.

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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www.ibef.org

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mnre.gov.in

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ORDER - solarrooftop.gov.in

solarrooftop.gov.in

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