The Indian solar power sector is facing a serious challenge in the next couple of years.
With its population expected to hit a record 10.3 billion by 2030, India is projected to overtake China as the world’s third-largest market for solar power, behind the US and China.
The country’s rapid expansion is largely a result of the country’s high penetration of rooftop solar power systems.
Over the past few years, the country has witnessed record growth in solar installations in cities, suburbs and rural areas, while the number of solar power-related jobs has increased by a staggering 70 per cent over the past three years.
India has now surpassed China as India’s biggest solar power market.
As per the latest data from the Ministry of New and Renewable Energy (MNRE), solar PV installations increased by over 1,000 megawatts in the past year, nearly tripling from the previous year.
However, India has not reached the ambitious targets of having a 100GW solar PV system installed by 2020, which is expected to take several more years to achieve.
The solar sector is expected have around 30GW of installed capacity by 2020.
According to industry experts, there are many hurdles that need to be overcome before the solar sector becomes a viable market.
The first and foremost is the cost of solar panels, which remains an enormous barrier for most people.
The second obstacle is that the technology needed for solar panels has not changed in over a decade.
This is the reason why there are still many barriers in the solar industry.
The third obstacle is a lack of a consistent infrastructure, and the fourth obstacle is the current lack of access to capital.
As the solar market continues to expand, the challenge of the next generation of solar technology is increasing.
According to experts, solar PV technology is still in its infancy and many obstacles remain.
There is a growing awareness of the growing solar power markets and a need for more efficient and efficient solutions to address these challenges.
The country’s solar power technology needs to be optimised in a way that ensures that the solar power system can be utilised effectively by the rural population and businesses.
The industry will need to develop and adopt a flexible and flexible management system that can adapt to changing needs of the market.
The technology has not improved as much as other energy-related technologies.
The Indian government needs to take an active role in promoting the sector.
The National Solar Mission, the Government’s initiative to encourage the solar energy sector, is the prime example of the government’s efforts to accelerate the adoption of solar energy technology.
The government has made a lot of efforts to make the solar technology available to the people.
It has also established several new renewable energy and energy efficiency targets in the country, among others, to help accelerate the growth of solar in the short term.
India needs to become a global leader in the field of solar.
It is time to step up the game in the sector, said A.M. Srivastava, co-founder and managing director of Power India, a company that provides solar PV power systems to industrial clients.
“We need to start thinking about the energy-intensive industries, such as power generation, distribution and transmission, and then start thinking of how to make them more competitive.
That is the key for us.
This sector needs to reach the level where we can sell the products to the big industrial clients and the domestic consumers,” he added.