Featured in Going global – 09-2022

International investments in Indian PV

India is seeing massive investments in PV manufacturing, with manufacturers from Western countries, led by the United States, eager to get in on the act. Chinese companies have yet to make the same call, however.

By

Uma Gupta

05 Sep 2022

US thin-film giant First Solar is in the process of setting up a 3.3 GW manufacturing facility for its series 6 modules in the southern Indian state of Tamil Nadu. | Image: First Solar

India had installed a cumulative 57.7 GW of solar power generation capacity as of June 30. Achieving India’s announced target of 280 GW to 300 GW of PV generation by 2030 implies good business for solar module manufacturers over the coming years. However, India’s own manufacturing capacity sits at just 3 GW to 4 GW …

This article is part of pv+

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