Featured in India doubles down – 04-2016

Indian market to double in 2016

India: With more than 4 GW of new installations forecast for 2016, Indias solar market appears to be maturing well. Raj Prabhu, the CEO of Mercom Capital Group explores the factors behind the rapid solar expansion, and the dangers of very low project bids.

By

pv magazine

15 Mar 2016

The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth. Solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014 – a year over year (YOY) growth of 142%. Cumulative installations have crossed the 5 GW mark with 5.6 GW …

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