The Indian solar industry is going through a phase of rapid growth.
It’s expected to grow at a whopping 9.4% in 2020, according to a report by the US-based Solar Foundation, which has been tracking India’s solar sector since 2013.
Solar PV is expected to take a huge leap in 2020 with the country set to become the second-largest solar market in the world.
The Indian solar sector is expected in 2020 to be the second largest in the globe with the sector expected to be worth $1.5 trillion.
But the biggest challenge facing the solar sector in 2020 is the rapid growth in the cost of solar panels.
A lot of companies have been making large investments in the field of solar technology and have done well.
In fact, the Indian solar market is expected grow by almost 50% in the next 10 years, according a report released by the American solar consultancy IHS Markit.
The cost of installing a solar panel has dropped dramatically in recent years, thanks to several factors including lower power prices, and the introduction of new technologies.
India is currently the only country where it costs less to buy a solar module than it does to build one.
India’s new solar panel technology is expected take the industry to the next level, which is a huge step in terms of energy efficiency and environmental impact.
The solar industry has also seen rapid growth due to the availability of cheap and plentiful solar panels, especially in the developing countries.
Solar panels can be used to power mobile phones and televisions.
It also allows companies to make use of renewable energy and save money on their energy bills.
The growth of the solar industry in India is expected be a boon to the economy.
It has also been the focus of attention from the world’s largest solar manufacturer SunPower, which recently announced its intention to invest $1 billion in India.
Solar companies are already looking to the future and are hoping to take advantage of the new technologies that are being developed in India to expand their business.
India also boasts a huge solar market, which includes several states like Gujarat, Odisha, Maharashtra, Tamil Nadu, West Bengal, Assam and Orissa.
The government has been actively investing in the sector, which means the government is now able to harness the solar power.
Solar companies are also hoping to capitalize on the growing popularity of solar power in the country, especially as the government has not been providing subsidies for solar power yet.
This is something that has led to the prices of solar modules in India rising.
According to data from IHS, the average cost of a solar solar module is about Rs 1,800 per kilowatt-hour, and prices for new solar power have also risen significantly in the last few years.
The biggest threat facing the Indian Solar Industry in 2020 will be the rapid increase in cost of the panels.
According a report published by IHS by 2020, the price of a new solar module will be about Rs 2,300 per kiloWatt-hours, and this will continue to rise.
This means that the average electricity bill in India will continue rising at a rate of around 5% per year.