Markets & Policy

Lower module pricing will bolster PV deployment in India

More than 80% of India’s solar equipment requirements are met through imports from China. Against this backdrop, industry analysts see the predicted 30% lower module pricing, following China’s revised policy, as a good news for Indian PV projects.
Uma Gupta
By
Uma Gupta
The module oversupply is expected to bolster India’s PV deployment this year. | Image: Conergy Solar/Flickr

According to Josefin Berg, research & analysis manager at IHS Markit, the oversupply of modules on the global market, resulting from the latest regulatory intervention in China, is creating a better environment for developers and engineering, procurement and construction (EPC) contractors, and will bolster India’s PV deployment this year.

Read the full article on pv magazine India.

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