India is a leading player, not just a follower, in the global shift towards solar energy generation and consumption. As of April 2024, India ranked fifth in the world for solar power[1] with an astounding 82.63 GW of installed solar energy—a thirty-fold increase[2] in just nine years. This implies enormous possibilities for the production of solar power in the future. The National Institute of Solar Energy (NISE) estimates India’s solar potential at a remarkable rate of 748 GWp[3]. Since 2014, the installed capacity of renewable energy, particularly the hydro, has expanded by over 128%. Clearly, India’s solar energy business is …
Viable Solar Energy Stocks in India
![Viable Solar Energy Stocks in India](https://daycoindia.com/blog/wp-content/uploads/2024/05/Untitled-design-5.png)