Investment in India’s renewable energy sector increased by more than 125% year on year to a record US$14.5 billion in the fiscal year 2021-22 (FY22), according to a report released last week by the Institute for Energy Economics and Financial Analysis (IEEFA).
This brings corporations’ move on this sector into focus. Large companies such as Reliance Industries (RIL) and the Adani group have established ambitious plans to increase their renewable energy capability.
