Renewable Energy Business ( SOLAR PLANT )
Solar Business in INDIA – A Business of endless possibilities .
India is running one of the largest and most ambitious renewable capacity expansion programs in the world. In 2019 at UN Climate Summit, India announced that it will be more than doubling its renewable energy target from 175GW to 450GW by 2022. Solar Energy in India has Giant Opportunities.
The Indian government had an initial target of 20 GW solar capacity for 2022, which was achieved four years ahead of schedule. The installed solar capacity in September 2020 was 36 GW and India has an ambitious target to achieve 450 GW of renewable energy capacity by 2030. Solar and wind energy have the lowest cost of power for new capacity.