New Delhi, May 20 -- India's push to expand solar and wind power capacity is likely to create USD 10-15 billion worth of opportunities in land aggregation and acquisition by 2030, as large-scale renewable projects gather pace across the country, according to a report released by Colliers India.

The projected investment is being driven by India's target to scale up non-fossil fuel energy sources and achieve 500 GW of non-fossil-based installed capacity by 2030. The report said solar and wind projects are expected to add 270-300 GW of capacity by the end of the decade, creating fresh demand for land, industrial space and warehousing.

As per the report, the planned capacity addition is expected to require nearly 7 lakh acres of land across...