India’s Solar Manufacturing Boom: From Growth to Overcapacity
NewsIndia’s solar module manufacturing capacity is set to exceed 125 GW by 2025, over three times the domestic demand of roughly 40 GW leading to a potential inventory surplus of 29 GW, according to Wood Mackenzie. This rapid surge has been powered by the government’s Production Linked Incentive (PLI) scheme, which has accelerated factory expansion […]