Policy, climate, war make 2022 ‘pivot year’ for clean energy

Comment on this storyCommentBENGALURU, India — For renewable energy companies in India, it’s a good time to be in business.One of India’s largest renewable energy firms, Renew Power, will be among the corporations big and small hoping for a piece of a $2.6 billion government scheme that encourages the domestic manufacturing of components required to produce solar energy. It’s the biggest such incentive in India’s history.Renew Power’s CEO Sumant Sinha said the government funds for clean energy send “a strong signal” that the country wants “to become a manufacturing location for renewable energy equipment and a global alternative to China eventually.”“We are excited to be a part of this journey,” he said.The company has over 100 clean energy projects across India and has become the world’s tenth largest solar and wind energy company in just over a…

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