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The key domestic and international institutions driving renewable energy growth in India 16 February 2021 (IEEFA India): A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). “Domestic and global institutions across the financial, corporate, energy, utility and government sectors are primed to deploy a wall of capital that India needs to fund its ambitious renewable energy targets,” says report co-author Tim Buckley, Director Energy Finance Studies, South Asia, at the Institute for Energy Economics and Financial Analysis (IEEFA).

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