India’s PV module exports to US set to increase until 2025


From pv magazine India

India's solar module exports to the United States will rise until 2025, but they will then decline due to the IRA and domestic manufacturing policies in America and Europe, according to a new report by IEEFA and JMK Research.

“With annual global solar installations forecast to reach at least 1 terawatt (TW) by 2030, it is clear that there will be no dearth of PV demand in the future,” said Vibhuti Garg, director of South Asia for IEEFA. “Thus, Indian manufacturers must focus equally on domestic and international markets. Indian PV products will also need to compete in global markets with other large PV manufacturing countries in terms of quality and scale.”

Popular content

To continue reading, please visit our pv magazine India website.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: