India to become country with third largest renewable energy potential in 2021 after China

Daily Current Affairs / India to become country with third largest renewable energy potential in 2021 after China

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Category : Business and economics Published on: June 20 2022

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India added around 15.4 gigawatts (GW) of renewable power capacity in 2021, the third highest after China (136 GW) and the United States (43 GW), according to a global status report released.
The REN21’s renewables 2022 global status report noted that with this growth, India is now the third-largest market in the world for new solar photovoltaics (PV) capacity.
India ranked 4th in the world for total solar energy installations (60.4 GW).