A new CII-PwC report urges policy clarity, streamlined approvals, and affordable financing to scale India’s renewable energy manufacturing. With global competition intensifying, strategic capital access could define India’s leadership in the green transition. India’s ambition to become a global hub for renewable energy (RE) manufacturing is gaining momentum, but its success hinges on access to...
Tag: Transmission Infrastructure
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Hybrid Growth to Power India’s Rs 3.8 Trillion Clean Energy Surge
Hybrid and storage-backed renewables are set to drive Rs.3.8 trillion in clean energy investments by FY2026-27, powering nearly 40 per cent of new capacity, according to Manish Gupta and Ankit Hakhu. Investment in India’s renewable energy sector is poised to increase at a compound annual growth rate (CAGR) of 55 per cent between this and...
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USAID, ADB to invest $848 mln in solar parks
The US Agency for International Development (USAID) and the Asian Development Bank (ADB) late March signed a memorandum of understanding (MoU) to provide $848 million of funding for the development of solar parks across India.