As module manufacturing capacity outpaces domestic demand, India’s solar industry is entering a new phase, where vertical integration, disciplined investment, higher utilization and access to new markets will be critical for sustaining growth. Uma Gupta reports.
India’s module manufacturing capacity has expanded at remarkable speed, while domestic content requirements are pushing investment into the more complex cell manufacturing sector. Suppliers are also eyeing moves into wafer and ingot manufacturing ahead of further expansion to the domestic content rules. Activity has been more limited in polysilicon manufacturing, as with the development of …
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