That 2015 figure is slightly down on the 2.5GW Mercom forecast in its last market update, but is still marginally higher than the 2GW it forecast earlier in the year.
To date this year, India has installed 1,652MW of new capacity, taking toGround PV Solar System
tal installations in the country to 4,816MW.
“After three years of stagnation, the Indian solar market is set to experience strong growth over the next several years,” said Mercom CEO Raj Prabhu. “There have been a number oGround PV Solar System
f important energy-related policy announcements recently, with increased activity on the ground with tenders and auctions beginning to occur more frequently.”
Notable developments highlighted by Prabhu include the calls for tendersGround PV Solar System
issued by India’s National Thermal Power Corporation under the 3GW phase II, batch of India’s JNNSM solar programme. A highlight of this was US firm SunEdison placing the lowest solar bid in India to date, though Mercom said this development raised questions over the prices at which developers are bidding.
We have been completely satisfied with the quality and reliability of Quick Mount products on our solar PV projects. The ease of installation contributes greatly to the overall efficiency of our system installation.
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