India has overtaken the US to become the second-most attractive country after China for renewable energy investment, according to a report by UK accountancy firm EY. In an annual ranking of the top 40 renewable energy markets worldwide in terms of allure, China was ranked at the top, followed by India. The US slipped to the third spot from first in last year’s ranking, EY said. “The fall, the first for the US since 2015, to third in the ranking of the top 40 countries follows a marked shift in US policy under the new administration,” it said. India was ranked third on last year’s EY renewable energy country attractiveness index (RECAI) behind the US and China.