Foreign Direct investment (FDI) in India’s renewable energy sector stood at $949.45 million (₹75,555 million) in the first quarter (Q1) of the financial year (FY) 2022-23, an increase of 269% compared to $257.09 million (~₹20.49 billion) during the same period last year. With nine more months to go, this could be the best year for foreign direct investments in the sector.