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Indian Government throw opportunities to the Chinese PV companies

Author: Source: Datetime: 2016-11-04 11:40:51

The Eighth China (Wuxi) International New Energy Conference and Exhibition held in Wuxi City, Jiangsu Province. At the meeting, Indian Ministry of Foreign Affairs New Energy Secretary K. nagarajNaidu threw out an olive branch to the Chinese PV companies hope that Chinese PV companies to participate in India's new energy market, and disclosed that the Indian government in the off-grid photovoltaic and solar power generator to provide the appropriate subsidy.


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The rapid decline in tariff rates and rising technological level and other factors, India's solar energy industry is in a period of rapid development. Data show that India is expected in 2016, the new solar power installed capacity will reach 5400 MW, becoming the world's fourth largest solar market.

 

Although the current market size is not yet the United States, China and Japan, but the pace of development in several major market countries ranked first.

 

"In the solar photovoltaic manufacturing, India is now doing the production is not particularly good, many products are imported to use the Chinese companies have a lot of good technology, efficiency is very good." For the country in the solar photovoltaic production on the lack of K.nagarajNaidu does not mince words.


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At present, India's total installed capacity of 7800 megawatts of solar energy, the Indian government plans to 2022 to reach 10 million megawatts.

 

The energy advisory body after a report shows that India has become China's major suppliers of new markets.

 

"India is currently producing about 7 megawatts of solar power per year, but the target is 100 megawatts," said K. nagaraj Naidu, "India can not rely on its own production capacity to meet this installed capacity requirement," says a partner from China.

 

For "helping India to create photovoltaic products," the enterprise, K.nagarajNaidu said the Indian government will "in the off-grid photovoltaic and solar energy to provide 30% of subsidies."

 

Wuxi is China's largest gathering place of solar generator industry. In 2015, Wuxi City, the photovoltaic industry to achieve total output value of 46.79 billion yuan.


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