Solar Industry in India

A Brief Overview of the Solar Industry in India

solar modules

For decades, India remained a power deficit nation with a demand-supply gap of almost 12%. This trend was largely due to heavy dependence on coal and other non-renewable sources of energy. Fluctuations in domestic production of coal, import price of coal and global economic and political factors always created a challenge for India to effectively bridge its electricity demand and supply gap. The policy makers in India realised that renewables offered a viable solution for the country to meet its high energy needs not just for the present but for the future as well. Potential of both wind and solar…