Featured in A compromise for the better? – 09-2013

Diverse dilemmas

Indian market update: Raj Prabhu, CEO of Mercom Capital Group, provides an overview of current Indian solar policies.

The fundamentals of the solar sector have shifted. After years of panel price drops, module prices have gone up this year by about 10%, while the rupee has fallen about 9%. As this occurs, policy, with all its changes and delays, has not been able to keep up with the rapidly changing solar market environment. …

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