ECONOMIC TIMES – Indian solar installations are forecast to be approximately 1,000 mw in 2014, according to Mercom Capital Group, llc, a global clean energy communications and consulting firm.
Solar installations in India totaled 1,004 MW in 2013 compared to 986 MW in 2012. In line with Mercom’s forecast, there was very little growth in installations year-over-year. The firm’s detailed survey of the market revealed that growth in installations might be elusive again in 2014 with numbers forecast to be similar to 2012 and 2013.
According to Mercom, there are several factors behind the slow solar growth. With a few exceptions, there are no Jawaharlal Nehru National Solar Mission (JNNSM) PV projects expected to come online until at least mid-2015. Most CSP projects have stalled, state policies are all over the map, and as we have warned for some time, India is now in a trade dispute with the U.S. in the World Trade Organization (WTO).
Post time: Sep-19-2017