26 Apr '16, 9am

Grid integration and financing issues will hinder India’s 100GW solar target - Bridge to India https://t.co/v1tWEu9K8O

Grid integration and financing issues will hinder India’s 100GW solar target - Bridge to India https://t.co/v1tWEu9K8O

India's forecasted solar growth in the coming years. Credit: Bridge to India Grid integration and availability are the key challenges ahead for India’s solar sector, according to the latest report from consultancy firm Bridge to India. The ‘India Solar Handbook 2016 ’, which included a survey of chief executives for the first time, reported that grid issues are the major bottleneck to the country’s 100GW by 2022 target and as a result the country is expected to deploy just 40-60GW instead. Maintaining investment and lending appetite at aggressive tariff levels was another main challenge and Bridge to India said that policy intervention would be key to sustaining its growth in the sector. In any case the country is still expected to become the fourth largest solar market globally in 2016 behind China, the US and Japan with 5.4GW of expected capacity addition in the year. De...

Full article: http://www.pv-tech.org/news/grid-integration-and-financin...

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