India's solar manufacturing industry has made significant progress in recent years, particularly in the production of solar modules and cells. However, the industry faces a critical challenge—lack of backward integration across the entire solar value chain. To maintain long-term profitability, Indian companies must expand into polysilicon and wafer production.
This integration can help absorb price fluctuations and ensure stability. Leading players like Waaree Energies, Adani Enterprises, Premier Energies, and Reliance Industries are already working on backward integration plans, aiming to strengthen India's position in the global solar market and meet the growing demand for renewable energy.
Mihika Barve with more details in the video.
#solarenergy #solarpower #NPOriginal
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