Vulnerable solar markets, and what makes them tick

Part II*: India is a risky country to do business in, because low bidding has led to margins so tight that any disruption could lead to market collapse, because low margins have led to shortcuts during installation of multi-megawatt projects, and because the business atmosphere can kindly be termed a labyrinth.

Issue 01-2018

Although it is now the world’s third largest PV market, India remains a risky place to do business.

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