Declining Solar PV Cost to Grow Solar Power in India
India has a huge potential for solar power generation that is leading to large-scale deployment of solar energy. Therefore, solar photovoltaic-installed capacity is rising exponentially in the country. Due to increase in the solar photovoltaic installation, the demand of solar photovoltaic panels and products are also increasing. The solar photovoltaic manufacturers are trying to produce better products and also expanding their existing capacities to meet the rising demand in the country. This is leading to decline in the cost of solar power that will further boost the solar power in India.
