Solar modules costs in India fell by 3-6% in the last year, inverter costs by 8%

Mudit Jain | 16 July 2014

The costs for key solar equipment have fallen moderately in India over the last year. Chinese tier-1 crystalline modules came down by 3%, thin film modules by 6% and inverters by 8%. Cost reductions were thus much more moderate this year than in the year before. Nevertheless, a continuing fall in solar costs is essential for unlocking the grid parity market. This progress will now likely be undone by anti-dumping

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