India’s target of installing 500 GW of renewable energy by 2030 may push solar equipment import bill to about $30 billion per year and increase dependence on Chinese goods, think tank GTRI said ...
In 2023-24, 62.6 per cent of India’s solar equipment imports came from China. The total solar capacity installed during FY24 stood at 15 gigawatts (GW).
Equipment expenses go beyond the panels themselves ... will take full responsibility for roof leak repairs. To store the solar power your panels generate, include a solar battery in your installation.
India's solar equipment imports could surge to $30 billion annually to meet its 2030 renewable energy target, heavily relying on Chinese imports. Despite efforts to boost local manufacturing ...