The Government is contemplating to seek international cooperation for importing technology to boost global investment in renewable energy sector of the country. To showcase Indias renewable energy potential globally, the Ministry of New and Renewable Energy (MNRE) is organizing the Global Renewable Energy Investment Promotion Meet (RE-INVEST) from 15-17 February, 2015 in New Delhi as a follow up to the Make in India initiatives launched by the Prime Minister of India. This meet will give an opportunity to all states to showcase their policies to facilitate investment, progressive, initiatives and investor friendly climate to attract investments in renewable energy. This was stated by Sh. Piyush Goyal, Minister of state for Power, Coal & New and Renewable Energy (Independent Charge) in a written reply to a question in the Lok Sabha today.
The Minister further stated that as per the Global Status Report 2014 of Renewable Energy Policy Network (REN-21), about US Dollar 6.1 billion has been invested in renewable energy in India whereas, about US Dollar 56.3 billion has been invested in renewable energy in China during the year 2013-14. The investment was mainly for solar and wind power projects, the Minister added.
RM/RS- USQ778 - LS
The Minister further stated that as per the Global Status Report 2014 of Renewable Energy Policy Network (REN-21), about US Dollar 6.1 billion has been invested in renewable energy in India whereas, about US Dollar 56.3 billion has been invested in renewable energy in China during the year 2013-14. The investment was mainly for solar and wind power projects, the Minister added.
RM/RS- USQ778 - LS
