India's Solar Power Market Is El Fuego
While Europe and the United States have attracted major investments in solar energy in recent years, a growing number of solar outfits – big and small – are placing their biggest bets on significant and sustained growth in India’s solar energy market.
The prodigious amounts of electricity needed to power India’s emerging economy – which is grappling with supply shortfalls in electricity – combined with concerns about curbing carbon emissions has resulted in a patchwork of government policies and programs across India promoting investment in solar energy. These include a national REC market, feed-in-tariffs, tax incentives and so on and so forth.
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