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

https://www.pv-magazine.com/2021/06/16/module-price-increases-to-moderate-pv-project-returns-in-india/

PV Magazine of 16 June 2021

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