According to reports, there is likely to be no increased in India’s solar installations which are expected to be close to 1,000 MW in 2014, says a report.
Mercom Capital Group, a clean energy communications and consulting firm has forecasted solar installations, for India, at approximately 1,000 MW in 2014.
“Solar installations in India totaled 1,004 MW in 2013 compared to 986 MW in 2012. The firm’s survey of the market revealed that growth in installations might be elusive again in 2014 with numbers forecast to be similar to 2012 and 2013,” the global firm said in a statement.
“With a few exceptions, there is no Jawaharlal Nehru National Solar Mission (JNNSM) PV projects expected to come online until at least mid-2015,” the company said in the statement.
India is now in a trade dispute with the US in the World Trade Organization (WTO), it added.
“It is time for developers to go directly to consumers, there is a large power-starved market waiting to be served that looks better and better every day as diesel prices keep climbing,” Raj Prabhu, CEO and Co-Founder of Mercom Capital Group said in the statement.
Earlier this month, US trade representative, Mike Froman requested WTO dispute consultations with India concerning domestic content requirements in India’s Solar Mission.
US has challenged the domestic content requirement of India’s solar mission, which it alleged is discriminatory and against international norms, including WTO laws, and badly affects the American domestic solar panel manufacturing industry.