In Short : Industry leaders emphasize that consistent policy support is crucial for India to establish itself as a global hub for renewable energy. Stable and clear regulations, along with incentives for investment, can drive innovation and growth in the sector. By fostering a favorable environment, India can attract both domestic and international investments, enhancing […]
India’s Solar Power Capacity To Grow To 140 GW By 2031, Says Fitch Solutions – EQ Mag Pro
India’s solar power capacity is expected to grow by an annual average of 11% from 59 GW in 2022, to 140 GW in 2031 Yet despite government support, Indian domestic PV manufacturing may not be enough to suffice growing demand for solar Fitch Solutions analysts believe developers prefer to buy expensive imported equipment over locally […]