Clean-energy investments in India increased to $7.9 billion in 2014 and are expected to surpass $10 billion in 2015.
Investments in clean technologies including solar and wind power rose almost 13 percent in 2014 from a year earlier, according to estimates from London-based Bloomberg New Energy Finance. That makes India the seventh largest investor in the industry worldwide.
India has one of the lowest costs for renewable-energy generation in the world making it more competitive.
