India plans to triple PV manufacturing base by 2022

A week after taking up an anti-dumping investigation into Chinese solar modules, the Indian government has stated its intention to more than triple the size of the nation's PV manufacturing base over the next decade.

The plan comes as part of a draft policy issued today underscoring India’s commitment to adding 9GW of solar capacity by 2017 as part of the second phase of the National Solar Mission (NSM), including 1.7GW of PV capacity to be auctioned in 2013.

Other key elements of the draft policy include the government’s intention to provide grants of up to 40% of the cost of some large PV projects to jump-start financing, and to allocate 30% of the phase 2 capacity to the concentrated solar power (CSP) sector – lower than Log in to read complete article.

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