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It is estimated that India has solar energy potential of 750 GW, and wind energy potential of over 300 GW, which makes India’s renewable energy sector an attractive destination for domestic and foreign capital. In keeping with its commitments to reduce greenhouse gas emissions under the Paris Climate Change Agreement, the Indian government has targeted establishing 220 GW of renewable energy capacity by 2022, and 450 GW of capacity by 2030. Meeting these targets will require investments in the sector and supporting grid network of USD 500-700 billion in the next decade.

Click to read more – Renewable Energy in India – A Snapshot of Certain Key Issues Facing the Sector