How India is silently becoming the next major PV player

India is rapidly emerging as a significant player in the global solar industry, aiming to achieve self-sufficiency in solar modules by 2026. To attain this goal, 𝐈𝐧𝐝𝐢𝐚 𝐢𝐬 𝐟𝐨𝐜𝐮𝐬𝐢𝐧𝐠 𝐨𝐧 𝐛𝐨𝐥𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐝𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠, 𝐞𝐧𝐡𝐚𝐧𝐜𝐢𝐧𝐠 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐚𝐧𝐝 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 (𝐑&𝐃) 𝐞𝐟𝐟𝐨𝐫𝐭𝐬, 𝐚𝐧𝐝 𝐟𝐚𝐜𝐢𝐥𝐢𝐭𝐚𝐭𝐢𝐧𝐠 𝐬𝐤𝐢𝐥𝐥 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐨𝐥𝐚𝐫 𝐬𝐞𝐜𝐭𝐨𝐫. However, challenges persist, including raw material, skilled labour and requirement of huge capital investments in domestic production capacity.

By investing in infrastructure, fostering innovation, and nurturing a skilled workforce, India can transform its solar industry and play a significant role in the global clean energy transition. It will 𝐛𝐨𝐨𝐬𝐭 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐞𝐜𝐨𝐧𝐨𝐦𝐲 𝐛𝐮𝐭 𝐚𝐥𝐬𝐨 𝐫𝐞𝐝𝐮𝐜𝐞 𝐜𝐚𝐫𝐛𝐨𝐧 𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐦𝐨𝐭𝐞 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭. 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐭𝐨𝐰𝐚𝐫𝐝𝐬 𝐬𝐞𝐥𝐟-𝐬𝐮𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐢𝐧 𝐬𝐨𝐥𝐚𝐫 𝐞𝐧𝐞𝐫𝐠𝐲 𝐡𝐨𝐥𝐝𝐬 𝐢𝐦𝐦𝐞𝐧𝐬𝐞 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐟𝐨𝐫 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐠𝐫𝐨𝐰𝐭𝐡, 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐠𝐥𝐨𝐛𝐚𝐥 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐥𝐞𝐚𝐧 𝐞𝐧𝐞𝐫𝐠𝐲 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧.

𝐀𝐬 𝐰𝐞 𝐜𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐞 𝐭𝐡𝐢𝐬 news, 𝐍𝐚𝐯𝐢𝐭𝐚𝐬 𝐒𝐨𝐥𝐚𝐫, 𝐚 𝐥𝐞𝐚𝐝𝐢𝐧𝐠 𝐬𝐨𝐥𝐚𝐫 𝐦𝐨𝐝𝐮𝐥𝐞 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫, 𝐬𝐭𝐚𝐧𝐝𝐬 𝐬𝐭𝐫𝐨𝐧𝐠 in the Indian Solar Market. 𝐖𝐞’𝐫𝐞 𝐩𝐫𝐨𝐮𝐝 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐦𝐢𝐬𝐞 𝐭𝐨 𝐤𝐞𝐞𝐩 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐭𝐨𝐰𝐚𝐫𝐝𝐬 𝐜𝐥𝐞𝐚𝐧𝐞𝐫 𝐞𝐧𝐞𝐫𝐠𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐠𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲.

Link: https://energy.economictimes.indiatimes.com/news/renewable/solar-shift-how-india-is-silently-becoming-the-next-major-pv-player/102137650