Expect bruises, not bubbles in India’s solar market

Tobias Engelmeier | 29 July 2015

The Indian solar market is growing at a breathtaking speed: This year alone, by more than 300%, next year perhaps by 150%. Competition is as intense as the market is enthusiastic. Projects are being won at record low tariffs – tariffs that many observers doubt will leave investors with acceptable returns. Will these projects be “stranded solar assets”? Is there a bubble in the making? Richard Martin has recently asked


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