Featured in Step on the gas – 12-2012

The next phase

Indian market update: India experienced a rapid drop in solar energy tariffs, mainly driven by aggressive bidding. Raj Prabhu, Managing Partner of Mercom Capital Group, provides an overview of the third quarter 2012 and the current Indian state policies.

There was not much movement in terms of solar installations in India in Q3 2012. Cumulative solar installations stood at 1,045 MW as of November 1, 2012, but there are about 1.1 GW of solar projects slated to be installed in the next six months, including approximately 275 MW of PV projects in Gujarat with …

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