India's renewable majors could face the chill as Trump reiterates anti-clean energy stance

India's renewable energy sector has been growing rapidly in recent years, but it could face a setback if the United States withdraws from the Paris climate agreement.

The Trump administration has repeatedly expressed its opposition to the Paris agreement, and it is widely expected to withdraw from the deal in the coming months. If the US withdraws, it will be a major blow to the global effort to combat climate change, and it could have a significant impact on India's renewable energy sector.

India is one of the world's largest emitters of greenhouse gases, and it is committed to reducing its emissions under the Paris agreement. The country has set a target of generating 40% of its electricity from renewable sources by 2030, and it is investing heavily in solar and wind power.

However, if the US withdraws from the Paris agreement, it could make it more difficult for India to meet its renewable energy targets.

The US is one of the world's largest markets for renewable energy, and its withdrawal from the Paris agreement could lead to a decline in investment in the sector. This could make it more expensive for India to develop its renewable energy sector, and could slow down the country's progress towards its emissions reduction targets.

In addition, the US withdrawal from the Paris agreement could also damage India's reputation as a leader in the fight against climate change. India has been a vocal advocate for the Paris agreement, and its withdrawal from the deal could be seen as a setback for the global effort to combat climate change.

Overall, the US withdrawal from the Paris agreement could have a significant impact on India's renewable energy sector. It could make it more difficult for India to meet its renewable energy targets, and could damage India's reputation as a leader in the fight against climate change.