India's solar industry could face increased consolidation, due to increasingly thin margins for developers tendering ever-more competitive solar tariffs, according to a report by Wood Mackenzie. The report also warns of the risks facing projects of more than 500 MW, a sector where India is a major player, highlighting the failed 10 GW solar-plus-manufacturing procurement process launched by the Solar Energy Corporation of India in this year.
India's solar industry could face increased consolidation, due to increasingly thin margins for developers tendering ever-more competitive solar tariffs, according to a report by Wood Mackenzie. The report also warns of the risks facing projects of more than 500 MW, a sector where India is a major player, highlighting the failed 10 GW solar-plus-manufacturing procurement process launched by the Solar Energy Corporation of India in 2018.