{"id":22012,"date":"2019-07-23T11:13:47","date_gmt":"2019-07-23T05:43:47","guid":{"rendered":"http:\/\/www.greenworldinvestor.com\/?p=22012"},"modified":"2019-07-23T11:13:47","modified_gmt":"2019-07-23T05:43:47","slug":"indias-green-investments-surpass-20-billion-in-2018","status":"publish","type":"post","link":"https:\/\/iiec-india.org\/greenworld\/2019\/07\/23\/indias-green-investments-surpass-20-billion-in-2018\/","title":{"rendered":"India&#039;s Green Investments Surpass $20 billion in 2018"},"content":{"rendered":"<p style=\"text-align: justify;\">India&#8217;s total <strong>green investments surpassed $20 billion in 2018<\/strong>, beating thermal power investments in the country. A pro-renewable energy government at the center, the promise\u00a0of power for all, and improving fundamentals of renewable energy have led to increased adoption of renewable energy sources of power across the country.\u00a0India has so far achieved an installed renewable energy capacity of about 80 GW.<\/p>\n<p style=\"text-align: justify;\">India is now running the most <strong>ambitious renewable energy program<\/strong>\u00a0and aims to install 175 GW of renewable energy capacity by 2022, in order to fulfill its clean energy commitment. Not only that, but the country has also increased its overall installation target to 500 GW by 2030. <strong>Solar and wind energy<\/strong> have become prominent renewable energy sources in the overall portfolio of clean energy assets. The tariffs\u00a0of solar and wind have also declined to Rs. 2.44 per unit and Rs. 2.64 per unit, respectively, making them more lucrative options. As a result, investments in the green energy sector have almost <em>doubled in the last five years to $20 billion in 2018<\/em> and is further expected to increase to\u00a0<em>$80 billion by 2022,\u00a0and\u00a0to $250 billion during 2023-30<\/em>. The\u00a0financing options and terms for both utility-scale solar PV and wind projects have improved and the country&#8217;s utility-scale installed capacity stood at over 27 GW for solar and\u00a0more than 36 GW for wind, by the end of May 2019.<\/p>\n<p style=\"text-align: justify;\">Also, read about the Banks That Provide <a href=\"http:\/\/www.greenworldinvestor.com\/2018\/02\/19\/banks-that-provide-loans-for-rooftop-solar-projects-in-india\/\" target=\"_blank\" rel=\"noopener\"><strong><em>Loans For Rooftop Solar Projects<\/em><\/strong><\/a> In India<\/p>\n<p style=\"text-align: justify;\">However,\u00a0uncertainty over future financing costs for new plants as well as existing plants remains the biggest concern for power generation investments. There is still\u00a0a problem\u00a0of weak availability\u00a0of long-term, fixed-rate debt for these projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s total green investments surpassed $20 billion in 2018, beating thermal power investments in the country. A pro-renewable energy government at the center, the promise\u00a0of power<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[28,30,40],"tags":[2747,2801,2979],"class_list":["post-22012","post","type-post","status-publish","format-standard","hentry","category-greeninvest","category-india-green-stocks-greeninvest","category-renewable-energy","tag-india-ambitious-renewable-energy-program","tag-india-investment-in-green-energy-sector","tag-indian-green-investments-surpass-20-billion-in-2018"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/22012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=22012"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/22012\/revisions"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=22012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=22012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=22012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}