The country’s ultra mega solar parks have offered potential investors an opportunity to join $500-700 billion renewable energy and grid infrastructure investment boom in the coming decade, a study noted.
“The ultra-mega solar parks have attracted foreign capital as well as top global developers to India and in return have provided investors with an opportunity to join a $500-700 billion renewable energy and grid infrastructure investment boom in the coming decade”, said Kashish Shah, research analyst at IEEFA.
India now has a capacity of 1 Gw across multiple ultra-mega solar parks, two of which are the largest commissioned in the world.
