As trade dynamics shift, could the EU become the next big market for Indian solar suppliers? PV Tech Premium explores the outlook with Wood Mackenzie’s Yana Hryshko and IEEFA’s Charith Konda.
Solar PV installations have reached a record 14.4GW in the first quarter of 2026, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA).
As key purchasers of solar power, distribution companies are central to India’s renewable energy goals. But, under severe financial strain, they could also derail those same ambitions.
Karnataka, Delhi, and Andhra Pradesh top decarbonisation, power ecosystem readiness, and market enablers, respectively, according to a joint report by IEEFA and Ember.
PV Talk: Charith Konda, energy specialist at IEEFA, says India’s 2026-27 budget aims to “establish a stronger supply chain within the solar and PV cell and module sector,” but warns that “execution is as important as the policy itself.”
India has added 11GW of solar PV capacity during the third quarter of 2025, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA).
The development of India’s power transmission network is lagging behind the country’s rapid growth in renewable energy, leading to project delays and cost increases
