The Indian solar PV industry was set a goal of deploying 20 GW of solar power by 2022 by the Jawaharlal Nehru National Solar Mission (JN-NSM). However, the solar manufacturers are faced with a number of challenges.
According to Sam Wilkinson, senior market analyst, PV Research Group, IMS Research, one of the key barriers for PV deployment in India is the high price of financing, which is essential in the development of large-scale plants that are common in India. He added that IMS Research forecasts that the PV installations in India will exceed 1 GW in 2012, and grow to 2 GW in 2013.
So, how does the Indian industry overcome those challenges and what can be done to re-ignite the industry? Early this year, there were reports of India to allow imports of low-priced Chinese solar cells.
Wilkinson added: "Currently, I am not aware of any trade barriers against Chinese modules imported into India. Although, following the introduction of similar taxes in the US, it has ben rumoured in a number of other regions, including India."
Does IMS Research see Indian solar PV companies making a move to Japan, now that it is going to focus on solar?
He noted that IMS Research predicts very strong growth in the Japanese market, and this will certainly attract the focus of all Asian module suppliers.
According to Sam Wilkinson, senior market analyst, PV Research Group, IMS Research, one of the key barriers for PV deployment in India is the high price of financing, which is essential in the development of large-scale plants that are common in India. He added that IMS Research forecasts that the PV installations in India will exceed 1 GW in 2012, and grow to 2 GW in 2013.
So, how does the Indian industry overcome those challenges and what can be done to re-ignite the industry? Early this year, there were reports of India to allow imports of low-priced Chinese solar cells.
Wilkinson added: "Currently, I am not aware of any trade barriers against Chinese modules imported into India. Although, following the introduction of similar taxes in the US, it has ben rumoured in a number of other regions, including India."
Does IMS Research see Indian solar PV companies making a move to Japan, now that it is going to focus on solar?
He noted that IMS Research predicts very strong growth in the Japanese market, and this will certainly attract the focus of all Asian module suppliers.
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