India Clean-Energy Investments Rise to $7.9 Billion

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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.

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