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India in world's top five nations in solar power capacity

PTI 06 Jun 2014, 19:45:06 IST
Dubai: India is among the world's top five nations in concentrated solar power (CSP) technology capacity rankings topped by the US, according to a new report.

India is placed fourth, ahead of China, in the rankings recently released in a report by the Renewable Energy Policy Network for the 21 Century (Ren21), an international multi-policy stakeholder network that promotes rapid global transition to renewable energy.

The report said although the US and Spain were the market leaders in CSP, investment in the technology was growing most rapidly in regions that receive high amounts of daily sunshine.