Featured in Latin sunrise – 04-2012

Unique challenges on the subcontinent

Project development India: Solar development in India is a bit of a paradox. On one hand, it is like the “Wild West” of American folklore, where anything goes. On the other, the solar market in India is one of the most rigidly planned markets in the world, and developers must be on top of their game to turn a profit. Astonfield Renewable Resources’ Sourabh Sen looks inside the intriguing and extremely promising market.

It’s an understatement to say that solar power producers and developers in India face unique risks. The solar business is akin to advanced calculus – a daunting confluence of so many different factors that are all in motion. In the midst of global volatility in the panel manufacturing supply chain, and government incentive cutbacks virtually …

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