India's photovoltaic manufacturing capacity set to surge
India's photovoltaic manufacturing capacity set to surge
With 110 gigawatts (GW) of solar photovoltaic (PV) module capacity set to come online in the next three years, India will quickly become self-sufficient and the second-largest PV manufacturing country after China, finds this new joint report from the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The future of the Indian PV manufacturing sector is bright. The favourable policy environment created by the Indian government is helping the PV manufacturing industry to grow rapidly, which is evident in the frequent announcements of expansions or new investments in the sector,.