Featured in New era for US solar – 02-2017

2017: A crucial year for Indian solar

Indian Installations: With 9 GW in installations lined up for 2017, it can no longer be denied that India is playing in the big leagues. Raj Prabhu, CEO and founder of industry analysts Mercom Capital provides some detail on what’s on the horizon for one of the world’s fastest growing markets.
India’s minister for New and Renewable Energy has announced planned for a gargantuan 100 GW solar tender. | Image: Wikimedia/Yann Forget

Solar installations in India are expected to reach 4 GW in 2016, almost double those of 2015. We have reduced our installation forecast from the previous quarter as several project completion dates have been moved to next year. We are forecasting demand to reach almost 9 GW in 2017 which would put the Indian solar …

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