Renewable Energy Investment in India Grew 12 % in 2008 - UNEP - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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According to the United Nations Environment Programme (UNEP), in 2008, $3.7 billion was invested in the renewable energy sector in the country. Regarding the financial resources, the report says that the largest share was from asset finance ($3.2 billion) which was greater than from venture capital ($493 million in 2008).

Among the sectors,

  • Wind energy sector grew at 17% from $2.2 billion to $2.6 billion.
  • Solar energy investment increased from $18 million in 2007 to $347 million in 2008, most of it was channelized to setting up module and cell manufacturing facilities.
  • The investment in small hydro projects grew about four-fold to $543 million in 2008.
  • The growth in biofuels fell by 80% from $251 million in 2007 to $49 million in 2008.


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