In the next decade India pv market have how old? Larger than the imagination!

Solar photovoltaic (pv) net news: according to fitch group fitch solutions macro research of outlook, India's solar power generation capacity will be 15 year on average. Strong growth rate of 3%, will be 26 gw growth from 2018 to 2028 in 105. 9 gw.

fitch solutions, analysts expect the next ten years India pv market growth will remain the world's leading, the recent security duties and goods and services tax ( 销售税) The problem such as the uncertainty of the recent impact will only. Solar cells and components from China and Malaysia 25% security taxes, the uncertainty of goods and services tax and land supply and acquisition problems weighed on investor confidence, new pv installed in 2018 than in 2017 reduced the 27. 8%.

however, fitch analysts believe that these threats will only affect the growth in the short term, because many developers just delay their project to bypass the tariffs for two years. Two years later, as the government in promoting the domestic manufacturing lack of effectiveness, the government is unlikely to renew their security tax. In addition, the uncertainty of GST will ease in the next couple of months, because the developers will be able to through the existing power purchase agreement to renegotiate the corresponding compensation from their respective state commission rate.

in the context of a global photovoltaic prices, developers will be able to find the alternative source of cheap solar equipment. According to the Ministry of Commerce data, after the implementation of security taxes from China and Malaysia, Thailand and Vietnam solar battery imports increased sharply, the prices comparable, because the Chinese solar equipment manufacturers also established the production capacity in these markets.