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Inergystat- India loses its third position in RE country attractive Index

(20 May 2020)

As per EY RECAI May 2020 report, India slipped to seventh position from the previous third position. Now India stands behind USA, China, France, Australia, Germany, and United Kingdom.

As per report the score of India in Renewable Energy Country Attractive Index (RECAI) in 58.6 while score of first position country USA is 65.8.

The report also raises serious concern on achieving government target of 175 GW by 2022 as the progress of country in renewable energy is disappointing which was worsened by COVID-19.

Technology wise scores of India is as follow:

  • Onshore wind: 43.9
  • Offshore wind: 14.1
  • Solar PV: 54.7
  • Solar CSP: 29.4
  • Biomass: 39.8
  • Geothermal: 20.3
  • Small Hydro: 39.0
  • Marine: 16.4

News Source : Inergystat

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