Solar power: India third most attractive country for solar investment

12 May 2021 CW Team

India has secured the third rank in IHS Markit’s latest Global Renewables Markets Attractiveness Rankings for the period ending of December 2020.

IHS Markit recently released its latest Global Renewables Markets Attractiveness Rankings for the end of December 2020.

The US has been ranked as the most attractive country for renewable energy investment because of its sound market and attractive support technique. The country has secured the top position in attractiveness for investing in solar PV and onshore wind.

The ranking of different countries' attractiveness is towards investing in solar PV, onshore wind, and offshore wind. The evaluation of countries is based on the current policy frame, investor friendliness, market fundamentals, revenue risks, infrastructure readiness, return expectations, and overall opportunities.

The overall rankings are a combined score of onshore and offshore wind and solar PV. It's weighted on technology-based expected levels of installations until the next decade.

Germany secured the second position on the renewable attractiveness rankings. China, which accounted for over half of the worlds' non-hydro renewables the previous year, ranked third, weighed down by difficulties in accessing the market. However, China secured second place in attractiveness for solar investments.

India ranked sixth in renewables, third for utility-scale solar PV, ninth for onshore wind, and 15th for offshore wind.

France secured the fourth position due to strong market fundamentals backed by stable procurement mechanisms and long-term clean energy targets. Spain is in the fifth position of attractiveness for renewable investment. Likewise, Japan boosted its attraction to the eighth position and Netherlands to the ninth.

Countries with a strong response towards offshore wind have got a significant increase. IHS told the media that the generation source is expected to be the fastest-growing renewable energy technology in the coming decade.

The UK failed to secure its position in the top 10 of the combined rankings due to a lack of support for developing onshore and solar PV. It ranked as the most attractive market for offshore wind investment.

Image Source

Also read: The leaders in the Indian solar market

Also read: Mercom India announces Solar 2021 Award winners

India has secured the third rank in IHS Markit’s latest Global Renewables Markets Attractiveness Rankings for the period ending of December 2020. IHS Markit recently released its latest Global Renewables Markets Attractiveness Rankings for the end of December 2020. The US has been ranked as the most attractive country for renewable energy investment because of its sound market and attractive support technique. The country has secured the top position in attractiveness for investing in solar PV and onshore wind. The ranking of different countries' attractiveness is towards investing in solar PV, onshore wind, and offshore wind. The evaluation of countries is based on the current policy frame, investor friendliness, market fundamentals, revenue risks, infrastructure readiness, return expectations, and overall opportunities. The overall rankings are a combined score of onshore and offshore wind and solar PV. It's weighted on technology-based expected levels of installations until the next decade. Germany secured the second position on the renewable attractiveness rankings. China, which accounted for over half of the worlds' non-hydro renewables the previous year, ranked third, weighed down by difficulties in accessing the market. However, China secured second place in attractiveness for solar investments. India ranked sixth in renewables, third for utility-scale solar PV, ninth for onshore wind, and 15th for offshore wind. France secured the fourth position due to strong market fundamentals backed by stable procurement mechanisms and long-term clean energy targets. Spain is in the fifth position of attractiveness for renewable investment. Likewise, Japan boosted its attraction to the eighth position and Netherlands to the ninth. Countries with a strong response towards offshore wind have got a significant increase. IHS told the media that the generation source is expected to be the fastest-growing renewable energy technology in the coming decade. The UK failed to secure its position in the top 10 of the combined rankings due to a lack of support for developing onshore and solar PV. It ranked as the most attractive market for offshore wind investment. Image Source Also read: The leaders in the Indian solar market Also read: Mercom India announces Solar 2021 Award winners

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..