India has the highest cost efficiency in renewable energy in Asia Pacific
Nabanita Dutta
News Editor
Image Credit: shortpedia
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.
