A new study argues that India can drastically improve the efficiency of its solar manufacturing sector by reducing the reliance on imported materials, such as silver or copper, and recycling the country's existing panels. The report, produced by Resource Efficiency Initiative’s the European Union, argues that by taking such measures, India's material requirements will drop more than a third by 2030 and boost efficiency to 30% from 6%. With government think-tanks estimating that the country will leap from an output of 5 GW in 2015 to more than 160 GW by 2030, such efficiencies could profoundly impact the market.
A new study argues that India can drastically improve the efficiency of its solar manufacturing sector by reducing the reliance on imported materials, such as silver or copper, and recycling the country's existing panels. The report, produced by the European Union’s Resource Efficiency Initiative, argues that by taking such measures, India's material requirements will drop more than a third by 2030 and boost efficiency to 30% from 6%. With government think-tanks estimating that the country will leap from an output of 5 GW in 2015 to more than 160 GW by 2030, such efficiencies could profoundly impact the market.