China, India surpass US as most attractive renewables markets-report

  |   India News

In an annual ranking of the top 40 renewable energy markets worldwide in terms of allure, China was the top country, followed by India. The United States, which ranked the highest last year, slumped to third place.

Meanwhile, China announced this year that it would spend $363 billion on developing renewable power capacity by 2020. India’s government has unveiled plans to build 175 gigawatts of renewable energy generation by 2022. Among European countries, Germany ranked fourth, France eighth and Britain moved to 10th place, from 14th last year.

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