India has the highest cost efficiency in renewable energy in Asia Pacific
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According to the reports of consultancy Wood Mackenzie, India's renewable energy cost is lowest in the Asia-Pacific region. In the APAC region, India is the second-largest power market with the installed power capacity of 421 Gigawatts. The solar capacity of the country is going to reach 38 Gigawatts this year. High-quality solar resources, market scale, and competition have reduced solar costs in the Asia Pacific region.