Equipping a new supply chain
With oversupply and policy uncertainty putting the brakes on solar manufacturing expansion across most of the world, India is now the only active market for many PV manufacturing equipment suppliers concentrated in China. pv magazine spoke with Inderjit Singh, founder and managing director of Indygreen Technologies, a New Delhi-based company that operates as a bridge between Indian manufacturers looking to scale up their operations and equipment suppliers which currently have few other markets to serve.
PV manufacturing capacity concentrated in China and a few nearby countries remains larger than global demand, making the case for new factories in most regions a difficult one. India, however, is maintaining commitments to building a domestic solar supply chain able to serve the country’s sizable demand for PV modules and related components without relying …
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