Solar energy boom brings Indian manufacturers to financial collapse

Signal of change / Solar energy boom brings Indian manufacturers to financial collapse

By Kartik Krishnamoorthy / 27 Oct 2017

Solar energy boom brings Indian manufacturers to financial collapse

New Delhi: Some of India's biggest solar equipment makers are facing financial collapse, priced out by Chinese competitors as Prime Minister Narendra Modi's government prioritises cheap power over local manufacturing despite his 'Make in India' push. Though President Donald Trump is pulling the United States out of the Paris accord on climate change, India is sticking to its huge renewable energy programme.



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What might the implications of this be? What related signals of change have you seen?

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