In a research report the bank points out that global players have committed $35bn to India’s solar sector. It predicts the country could become one of the largest solar producers in the world, with a target similar to China’s 100GW by 2020.
The Narendra Modi-led government recently set out proposals for a draft National Renewable Energy Act that aims to increase India’s overall renewables target to 175GW by 2022, including the 100GW solar target.
The
