New Delhi, Aug. 11 -- India could face an annual renewable energy financing gap of nearly USD 35 billion as it races to achieve its 500 GW non-fossil fuel capacity target by 2030, creating a significant opportunity for Infrastructure Investment Trusts (InvITs) to unlock capital from operational renewable assets and fund the next phase of capacity expansion, Knight Frank India said in a report on Tuesday.

According to Knight Frank India's latest research study, India's non-fossil fuel capacity has increased fivefold from 59 GW in 2016 to 300 GW as of July 2026. The country needs to add nearly 200 GW over the next four years, implying annual capacity additions of around 50 GW.

This would require annual investments of USD 48-54 billion, su...