US companies pledge to build 20 GW of renewable energy in India

NEW DELHI: US-based SunEdison and First Solar on Sunday committed to build more than 20,000 megawatts of clean energy capacity in India by 2022, a boost for Prime Minister Narendra Modi's efforts to meet ambitious renewable targets.

The companies announced the plans at the beginning of India's first major renewable energy conference, where Modi's government is trying to drum up support from investors to reach a target of 100,000 megawatts of solar power by 2022, a 33-fold rise from today's level.