In the first quarter India's solar industry investment fell 12% to $2. 8 billion

Solar photovoltaic (pv) net news: according to Mercom quarterly report in the first quarter of 2019 the Indian solar market, India's solar industry in the first quarter of 2019 total investment up to $2. 8 billion, this figure includes manufacturing capital ( The upstream) And the project funds ( Downstream) Investment. Compared to $100 million, rose 55%.

among them, the upstream and downstream investment rose sharply increase is mainly due to the corporate financing increases, in the first quarter of 2019 of about $800 million ( Us $56 billion) 1. 7 billion dollars ( About $1. 5 billion) Compared with greatly increased. 8. 9 billion dollars ( $400 million) 5. 1 billion dollars ( Us $66. 3 billion) Increased by 4%.

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India's Solar industry expansion of domestic manufacturing activity in the first quarter of 2019 saw significant growth, domestic manufacturers such as Vikram, Renewsys India, Saatvik Green Energy, Super Sun Solar and Shivam Photovoltaic manufacturing capacity increased about 1 gw. According to Mercom report, Indian manufacturers on imports from China and Malaysia module implementation safeguard after-tax performance better.

in 2018, India's solar industry total investment is 9. 8 billion dollars, and nearly $11. 5 billion in 2017, fell 15% year on year, the main reason is that solar energy device. By the end of the first quarter of 2019, India's solar power installed capacity of about 30 gw.

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