Only Buziness Renewable Energy in India: A Market Analysis and Growth Opportunity The renewable energy sector in India has been experiencing exponential growth, driven by a combination of government initiatives, technological advancements, and increasing awareness about sustainable energy sources. This blog delves into the market value, key players, growth drivers, and potential opportunities for new startups in the Indian renewable energy landscape. Market Value of the Renewable Energy Industry in India The renewable energy industry in India is one of the fastest-growing sectors. As of 2024, the market value of the renewable energy industry in India is estimated to be over USD 70 billion. This includes investments in solar, wind, hydro, and biomass energy projects. The Indian government has set an ambitious target of achieving 450 GW of renewable energy capacity by 2030, reflecting the sector's significant potential and the country’s commitment to a sustainable future. Maj...