PV Module Production in India Could Reach 6 GW by 2015
The photovoltaic cell and module manufacturing industry in India has developed from less than 200 megawatts (MW) in 2007, to around two gigawatts (GW) in 2011. Bridge to India estimates that it will see "significant" growth over the next few years.
Specifically, it believes that due to falling raw material costs, expected to be triggered by the development of a "healthy" domestic supply chain, module production will grow from 1.3 GW in 2011, to six GW in 2020. Meanwhile, cell production is forecast to increase to four GW, from 700 megawatts (MW) in the same period.
Ingots and wafers, which were not manufactured in India until 2010, will grow to represent capacities of four GW in 2020, up from just 17 MW this year, according to the research company.
More Info: PV Magazine:http://www.pv-magazine.com/news/details/beitrag/pv-module-production-in-india-could-hit-6-gw-by-2015_100005312/
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