Raising questions
India: After the launch of Indias Jawaharlal Nehru National Solar Mission (JNNSM), the worlds solar markets have been closely monitoring its progress. Particular interest is focused on the missions movement from the policy stage into execution. In its first quarterly report on the region, Mercom Capital Group discusses its progress.
Since the announcement of the JNNSM guidelines, there have been some significant changes to India’s solar policy. Most notably the feed-in tariff (FIT) was scrapped – due to overwhelming response, according to the government – and replaced with an auction where photovoltaic (PV) projects go to the lowest bidder. The original FIT was announced at …
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