Featured in Empowered with PV – 12-2017

Price volatility shakes up India’s solar market

IHS Markit analysis: India’s shortage of PV modules in 2017 has challenged many PV developers that ventured into India after the 100 GW solar target was announced. As for the future, writes IHS Markit research and analysis manager Josefin Berg, the ongoing antidumping duty investigation clouds the visibility on pricing and complicates the bidding in new tenders. IHS Markit remains positive that the demand for PV in India will continue to grow, but volatility will remain.

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pv magazine

08 Dec 2017

The YES Bank and EIB loan facility has already identified eligible solar projects in a handful of states. | Image: Flickr

Three years after India’s government raised its solar power target to 100 GW by 2022, the country’s total installed PV generation capacity has increased fivefold to surpass 15 GW, according to the latest figures from the Ministry of New and Renewable Energy (MNRE). During this time, PV tender bid prices have fallen by more than half from …

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