Featured in Down to the wires 06-2024

Are India’s solar production plans PLI in the sky?

While the big winners of India’s production-linked incentive (PLI) scheme will likely forge ahead with module assembly plans, wafer and polysilicon lines are shrouded in doubt as ever-cheaper Chinese panels undermine the solar business case in South Asia’s biggest PV market, as revealed by data from business intelligence provider Crisil.
By
pv magazine

 The Indian government announced its PLI scheme, for setting up domestic solar manufacturing capacity, in April 2021. The policy, with an earmarked budget of INR 184 billion ($2.2 billion), awarded 8.7 GW and 39.6 GW of annual PV manufacturing capacity across tranches administered by federal bodies the Indian Renewable Energy Development Agency (IREDA) and the …

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