Scale is Key to India’s Solar Industry
India’s solar industry is finally taking off, but before it can make a meaningful contribution to the country’s growing power demands, many hurdles must still be overcome say experts and business leaders in the field.
In order to remain competitive in the global solar market and compete with countries like China and others, Indian manufactures will need to scale up and quickly. The market is there and booming, but manufacturers need capacities of 300-1,000 MW to remain competitive.
Applied Materials continues to do its part to help decrease the cost of solar technology. Cell manufacturers around the world are transitioning to advanced cell structures to boost cell efficiencies and drive down the cost per watt. Recently, Dr. Charlie Gay, President of Applied Materials’ Solar division, spoke with Shelley Sign of The Economic Times, India’s leading business newspaper about the increase in solar adoption around the world and the explosive growth in solar manufacturing. Visit The Economic Times web site to read the article titled, ‘India's fledgling solar-equipment industry under Chinese onslaught.
Additionally, Applied’s president of India, Aninda Moitra, was also recently quoted in a major publication about how India and the U.S. can work together to boost the solar industry in India. To access the article in The Washington Post titled, ‘U.S., India glimpse a bright future together in solar power,’ visit the web site.
Finally, to learn more about the continuing cost reduction that’s underway in solar, watch Charlie’s video below.