Featured in Changing face of PV – 12-2014

India crosses the 3 GW mark

India market update: Solar installations in India in 2014 are forecast only around 800 MW because of delays due to elections and the anti-dumping case. But the sector picked up momentum again and 2015 installations are forecast to double year-over-year. A report on the Indian solar PV market, federal and state policies by Raj Prabhu, CEO and co-founder of the clean energy research and consulting firm Mercom Capital.

The Indian solar industry is visibly upbeat since the elections and especially after getting past the anti-dumping case. The Supreme Court recently canceled most of the coal mining licenses due to impropriety in the midst of shortages. Coal imports and costs are continuing to increase and power shortages prevail. All of this has contributed to …

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