Supply-demand mismatches, higher prices to hit utility-scale solar in India

India's annual utility-scale solar installations are expected to fall by nearly 20% in 2023 due to supply chain challenges, lower auction volumes, and trade policies. The IEA report highlights record-breaking 14 GW of capacity additions in 2022 through auctions. Import tariffs on PV modules impacted project bankability with a 30-40% price increase. The IEA foresees a booming PV deployment in India post 2025.

Source:

https://www.pv-magazine.com/2023/06/06/supply-demand-mismatches-higher-prices-to-hit-utility-scale-solar-in-india/

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