26 Apr '16, 9am

CEO survey shows huge optimism in the Indian solar sector but also a reminder of key challenges

BRIDGE TO INDIA has released results from its first ever survey of the most influential private sector decision makers in the solar industry as part of the Indian Solar Handbook 2016 report. Most of the 27 participating CEOs said that they expect their businesses to grow by an average of 3-5x by 2020 with 37% of them believing that their business will grow by more than 10x by 2020. This optimism is based on the expectation that the Indian solar market will also grow at an impressive compounded annual growth rate (CAGR) of 45% per annum until 2022. According to BRIDGE TO INDIA solar industry is most concerned about transmission connectivity/grid failure, debt financing and INR depreciation risk. The industry has also rated central government’s policies for the sector as “Good/Very Good”. And most CEOs are positive about the prospects of domestic manufacturing. Even though t...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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