A Oneindia Venture

3 Top Solar And Renewable Energy Company Stocks To Watch Out In 2021-22

The solar industry manufactures and installs equipment that utilizes energy from the sun and converts it to electricity. Companies in this area are cooperating to help the world economy move away from fossil fuels like oil and gas and toward renewable energy sources. The Indian government has set a lofty goal of generating 175 GW of renewable energy capacity by 2022. Solar power is a rapidly growing industry in India, as part of the country's renewable energy sector. As of March 31, 2021, the country's solar installed capacity was 40.09 GW. By 2022, India's renewable energy sector is estimated to bring in more than US$ 80 billion.

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