In 2018 India solar investment fell 15% to $9. 8 billion

Solar photovoltaic (pv) net news: in 2018, total investment of about $9. 8 billion of India's solar industry, compared with $11. 5 billion in 2017 by nearly 15%.

although downstream investment for solar power system cost and lower year-on-year decline, but due to the upstream activities for new manufacturing facilities investment increase, India solar with a total investment of nearly $10 billion in 2018. In 2018, India's new large and rooftop solar size 8. 3 gw.

in 2018, is the Indian solar market a year full of challenges, including GST rate problem, for China and Malaysia solar cells and modules, security taxes, a government agency for high taxes problems leading to the cancellation of the gw 4 bidding plan, lead to the Indian solar market install volume fell for the first time since 2014. However, to impose security taxes also lead to the increase of the domestic manufacturing capacity.

MASEN, managing director of Mustapha Bakkoury, according to the first 160 mw Noor1 groove solar-thermal power station has started operation in 2016, the second phase of the 200 mw Noor2 groove solar-thermal power station, and the fourth phase of the 70 mw photovoltaic power station will start grid-connected power generation in May this year, the third phase of the 150 mw molten salt solar-thermal power tower will be completed in October. Then, with a total installed 580 mw of Noor Ouarzazate project - - - The world's biggest solar-thermal + Mosaic, photovoltaic power generation will be completed.