With more than 1.8 million cases, India accounts for 10% of the global Covid-19 count. National shutdowns have been accompanied by significant drop-offs in solar project development and industry supply chain challenges and workforce availability have been significantly affected.
Independent analysts such as the U.S.-owned WoodMac have projected pandemic-affected financing and support challenges could slow demand and investment and newly published quarterly data from Mercom India Research echoes those concerns – with the value of Indian solar imports in the April-to-June period reportedly down a huge 83% on the same period of last year.
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