Indiahas retained the3rd rankin the58th Renewable Energy Country Attractiveness Index (RECAI)released by the consultancy firmErnst & Young (EY).According to the report, theUS,mainlandChina,and India continue to retain the top three rankings and Indonesia is a new entrant to the RECAI.
The 2021 RECAI ranks the world’s top 40 global markets (nations) on the attractiveness of their renewable energy investment and deployment opportunities. With the environment, social, and governance (ESG) measures soaring to the top of the agenda for companies and investors, RECAI also highlights that corporatepower purchase agreements (PPAs)are emerging as a key driver of clean energy growth.
