Renewable energy investments in India jumped to $10.9bn in 2015, up from an annual average of $8bn in the last three years. Solar PV investment leaped ahead of wind investments for the first time during the year due to a strong policy push for power from the sun.
Investment in India’s renewable industry increased more than 22% in 2015 to reach $10.9bn , edging closer to the highest ever investment of $13.1bn achieved in 2011. This rise is largely attributed to the utility scale solar sector, where investment reached $5.6bn, up 80% from $3.1bn last year.
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