Posted by : The Caspian Debt Team Solar power offers a brighter future for India
India’s renewable energy sector is set to power ahead, as investors look to capitalise on the sector’s huge growth potential, helped by record low solar tariffs and rising demand that is set to double by 2040, industry insiders say.
This is in spite of challenges including project delays caused by the pandemic, as well ongoing issues such as as an ailing power distribution sector and difficulties securing access to land which, if addressed, could give the sector in Asia’s third largest economy an even greater boost.