AFTER witnessing cloudy skies this year, India’s renewable energy sector is expected to boom in 2022.
An investment of more than $15 billion (£11.1 bn) is expected next year as the government focuses on electric vehicles, green hydrogen, manufacturing of solar equipment as well as achieving the ambitious 175 GW renewable capacity target.
India, which has an installed renewable energy generation capacity of a little more than 150 GW, aims to reach 175 GW in 2022. Out of the total mix, 100 GW would be from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydropower projects.
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