“When you're in a position to have gotten so much, the gift at this point is giving back.”
– Paul Stanley
Making hay
Over the past couple of decades, as China poured funds into boosting its solar power sector, India has dragged its feet
As the Indian government ramped up its renewable energy ambitions starting 2015, it became a ripe opportunity for Chinese panel makers
While power producers rejoiced, and electricity tariffs at auctions and tenders fell, local solar cell and module makers struggled
Now, India's trying to use safeguard duties and a number of schemes to prop up domestic manufacturing, but it may be too little too late
When China sneezes, as the (modified) adage goes, the world catches a cold. And India, at least when we’re talking about solar power, is today the first to start sniffling.
The year 2018-19 was a special one for India’s solar industry. For the first time since 2014, new installations of solar power declined, by about 10%. To put that in context, installations had roughly doubled in each of the two previous years.
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