Featured in The fertile solar crescent – 01-2018

Vulnerable solar markets, and what makes them tick

Part II*: India is a risky country to do business in, because low bidding has led to margins so tight that any disruption could lead to market collapse, because low margins have led to shortcuts during installation of multi-megawatt projects, and because the business atmosphere can kindly be termed a labyrinth.

By

pv magazine

15 Jan 2018

Although it is now the world’s third largest PV market, India remains a risky place to do business.

Doing business in India is a high wire balancing act between profit and loss, where one value chain misstep could lead to a steep fall and a hard landing. The current increase in module prices is pressuring developers in the country because, just as in the U.S., India does not have enough capacity to fulfil …

This article is part of pv+

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