India’s flagship solar PV manufacturing incentive has driven “robust growth” in the sector since its launch, but hurdles remain to building a complete domestic supply chain.
Nextpower, formerly Nextracker, will double its steel solar tracker manufacturing capacity in Tennessee and has established a new “regional hub” in the Southeast US.
Buyers should prepare for increases in the price of vital solar module components, such as polysilicon, wafers and cells, but “remain cautious” of accepting new contractual terms from Chinese suppliers until formal market policies are agreed.