BusinessUS Tariffs and Supply Issues Challenge India's Solar Growth
India's solar capacity surged from under 3 GW in 2014 to 168 GW by August, driven by rising clean energy demand. However, steep US tariffs on solar cells and panels imported from India, Indonesia, and Laos threaten this rapid expansion. Additionally, uneven growth and supply bottlenecks in India's solar sector are creating challenges for the industry’s continued development.
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