How valuations of solar energy assets changed as dealmaking perked up

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In early 2015, the Narendra Modi government increased by five-fold India’s target for installed solar energy capacity to 100 gigawatt by 2022 to reduce dependence on fossil fuels. At the time, India’s solar capacity was less than 4 GW. Since then, the capacity has multiplied 10 times, tariffs have plunged ......