L R AS Published on Sunday 20 June 2021 - n° 367 - Categories:India
Rising panel costs will affect installations in India
As the price of panels has increased by 15-20% in the last four to five months and PV panels represent
As a result of the price increases of around 50% to 55% of the overall project cost, these price increases could have a strong impact on solar installations in India in 2021. This is especially the case for tendered contracts obtained at less than INR 2.25/kWh, as there is little scope to regain this cost premium on other items
PV Magazine of 16 June 2021