India’s solar sector at an inflection point as risks of oversupply, trade disruptions looming industry: Report
New Delhi [India], September 18 (ANI): India’s solar sector is at an inflection point where demand signals, trade flows and technology shifts will determine players to survive or gets squeezed, according to a report by Yes Securities.
The report highlighted that the India’s module and cell capacity has scaled aggressively in the last few years. Module capacity has touched nearly 100 GW, while cell capacity has already crossed 25 GW, driven by supportive policies such as the Production Linked Incentive (PLI) scheme, Basic Customs Duty (BCD) incentive, Approved List of Models and Manufacturers (ALMM) and a wave of large capex announcements.
