India’s goal to achieve 20,000 MW of solar power by 2022 is proving to be a challenge as the industry awaits tweaks to a draft policy that will determine the tariff and allow the country to import photovoltaic cells—a technology that is not established in the country. But the road bumps haven’t stopped the development of some solar facilities in the country.
While the country currently has almost no grid-connected solar power, a recent McKinsey& Co. survey ranks India as the most attractive destination in the world for solar PV manufacturing and generation.