06 Feb '12, 10am

#India Leads With $10.3 Billion in Clean #Energy Investments rt @Rostyk007 #Climate

#India Leads With $10.3 Billion in Clean #Energy Investments rt @Rostyk007 #Climate

Ashish Sethia, head of India research at Bloomberg New Energy Finance, said: ”The surge in installation of renewable energy shows that it is becoming cost competitive and scalable, at a time when India is struggling to meet its targets for conventional power capacity. To carry this momentum forward on renewables, federal and state governments will have to ensure four things. First, that transmission lines are available for projects; second, that the grid can handle an increased flow of renewable energy; third, that renewable purchase obligations are enforced; and, fourth, that project developers are paid on time for the power they produce.”

Full article: http://www.triplepundit.com/2012/02/india-leads-103bn-cle...

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