Amid soaring copper prices, a crucial material for manufacturing power equipment, India’s renewable energy sector is grappling with rising costs and budgeting challenges. The recent surge in copper prices, driven by increased manufacturing activity in China and the US and new US sanctions on Russian copper imports, has exacerbated these issues

Link:https://energy.economictimes.indiatimes.com/news/renewable/indias-renewable-energy-projects-face-financial-headwinds-from-copper-volatility/110853774?action=profile_completion&utm_source=Mailer&utm_medium=newsletter&utm_campaign=etenergy_news_2024-06-10&dt=2024-06-10&em=ZGVhcnNpZGRoYXJ0aEBnbWFpbC5jb20=