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Trump effect? China, India beat US in renewables markets, says report

Indian govt has unveiled plans to build 175 gigawatts of renewable energy generation by 2022


China and India have surpassed the United States to become the two most attractive countries for renewable energy investment, a report by UK accountancy firm Ernst & Young showed on Tuesday. 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, due to a shift in US energy policy under President Donald Trump. Trump has issued orders to roll back many of the previous administration's climate change policies, revive ...

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First Published: Tue, May 16 2017. 09:52 IST