India is the world's 3rd largest consumer of electricity and the world's 3rd largest producer with 40% of energy capacity installed in the year 2022 (160 GW of 400 GW) coming from renewable sources. 's (EY) 2021 Renewable Energy Country Attractiveness Index (RECAI) ranked India 3rd behind USA and China. In FY2023-24, India is planning to issue 50.
[pdf] NY Green Bank has committed at least $200 million for storage-related investments to help drive down costs and provide energy storage capabilities where they are needed most, to help achieve New York’s goal to deploy 1,500 megawatts of energy storage by 202512. NY Green Bank’s investments and activities support Governor Cuomo’s nation-leading goals to combat climate change, as outlined in the Climate Leadership and Community Protection Act3.
[pdf] Renewable energy stocks allow you to invest in companies at the centre of the green energy transition and will allow you to share in any successes these companies have along the way. Renewable energy sources include solar power, wind, biofuels and even nuclear. These all aim to produce the energy we all require. .
You may also want to consider investing in US renewable energy stocks. A lot of platforms in the United Kindgom allow you to invest in US companies.. .
Clean energy stocks will not be right for everyone. Whether they are right for you will depend on the make up of your portfolio, your risk.
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