IHS Markit analysis: India’s shortage of PV modules in 2017 has challenged many PV developers that ventured into India after the 100 GW solar target was announced. As for the future, writes IHS Markit research and analysis manager Josefin Berg, the ongoing antidumping duty investigation clouds the visibility on pricing and complicates the bidding in new tenders. IHS Markit remains positive that the demand for PV in India will continue to grow, but volatility will remain.
The YES Bank and EIB loan facility has already identified eligible solar projects in a handful of states.
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