The Indian government has approved production-lined incentives for the country’s solar module manufacturing sector to help the country add an extra 10GW of solar power generation capacity over the next five years.
Government adamant it will ‘not only meet, but also exceed’ 175GW-by-2022 goal despite predictions to the contrary by CRISIL, which warned policy swings are putting off investors.
Significant deployment uptick expected for the next two years even as sector faces land acquisition and network challenges, says Bridge to India report.