Additional 15gw clean energy by 2012 projected for India

by Dave

monokristalline SolarzelleImage via Wikipedia

livemint.com
Why is India an investment destination for clean technologies?
India is attractive to investors for several reasons, significant being the way demand for power outstrips supply. Many homes in the country are still not electrified. As the country grows, this presents a great opportunity for clean energy to plug gaps and create useful linkages. Also, with India’s GDP growing at a rate of 8-9% per annum, infrastructure developments, including energy will have to emerge as a top priority. Finally, because renewable energy projects in India attract an additional revenue stream from CDM, investors can obtain a higher return than they would have otherwise.

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