CURRENT AFFAIRS

Detailed explanation-1: -The US continues its top ranking on RECAI.

Detailed explanation-2: -US has retained the top spot, followed by Mainland China on the second position. According to EY’s 58th edition of ‘Renewable Energy Country Attractiveness Index’ (RECAI), India has retained the 3rd position.

Detailed explanation-3: -Spain remained the most attractive PPA market in 2022, with Germany overtaking the United States for second place. The United Kingdom, Australia and France completed the top five. EY also introduced a new renewables attractiveness ranking, normalized to countries’ gross domestic product.