Featured in Step on the gas – 12-2012

Finance challenges remain

India: With fewer exhibitors than last year, the Renewable Energy India (REI) Expo 2012 closed its doors in the second week of November in New Delhi. The numbers reflect a slowdown in Indian market development, mainly due to a lack of cheap finance.

Like most photovoltaics and renewable energy trade shows in 2012, REI Expo was smaller than in previous years, with 475 exhibitors and 12,000 attendees according to organizer UBM. A strong presence of tier-2 and 3 Chinese manufacturers was noticeable at this year’s show, which was held at the New India Expo Center in the Greater …

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