Sidharath Kapur is the recent CEO of Acme Solar, which is India’s largest utility scale solar development company. In this conversation Mr. Kapur discusses renewable energy financing in India — beginning with an assessment of how much investment is required to achieve India's renewable energy targets. In this conversation Mr. Kapur breaks down a key challenge in the India solar market, which is the deficiency of long term debt financing at attractive rates. Mr. Kapur concludes by introducing a proposed concept of renewable financing obligations, which could be the key for sustaining this industry over the long term.
Topics covered in the on this podcast:
[02:05] What are India's targets for renewable energy for the next years?
[3:57] Investment requirements needed to reach these targets
[5:32] What are the key sectoral challenges that need to be overcome?
[8:30] What is the problem with transmission infrastructure?
[10:19] What are the key hesitations for lenders?
[15:00] Is there significant international investment coming in?
[19:30] Mr. Kapoor's introduction of the renewable power financing obligation
[25:31] Will India remain and further become a leader in the solar sector?