India climbs to 3rd spot on EY index

India has moved a notch higher at the third spot on EY’s Renewable Energy Country Attractiveness Index due to exceptional performance on the solar photovoltaic (PV) front. India has moved one position above (3rd) from the previous index (4th), this is primarily because of the exceptional performance on the solar PV front.

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The US retains the top position on RECAI 57, China has remained a buoyant market and maintains the second position. India also committed to setting up 450 GW for renewable energy power capacity (installed) by 2030 in the recent climate summit hosted by the US.

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