RE on growth path despite hiccups

Sector has avoided major spillovers from past, but allocation momentum monitorable

14 November 2024 | BRIDGE TO INDIA

Market Outlook Solar

RE on growth path despite hiccups

/ by BRIDGE TO INDIA

The renewable energy sector has seen project momentum and has grown by leaps and bounds over the past decade. The installed base of renewable energy (excluding hydro) has grown at a CAGR of 15% between 2014-2024. Taking a deeper view of the project level momentum in space, an analysis on 57.6 GW of commissioned and under construction projects suggests the segment has managed to avoid excessive…

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