Too much, too fast?
India market update: Raj Prabhu, CEO and cofounder of Mercom Capital Group, proffers a comprehensive update on Indias solar situation and notes that falling tariffs are causing concern across the market.
Cumulative solar installations in India crossed 7.6 GW as of May, with approximately 2.2 GW installed so far this year, which is more than all of the solar installations in 2015. India’s solar project pipeline has now surpassed 22 GW with ~13 GW under construction and ~9 GW in the Request for Proposal (RfP) process. …
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