Solar sans subsidies

With renewables now cost competitive with fossil-fuelled energy in some regions, First Solar is looking to surge into the Indian market without the assistance of subsidies. Meanwhile, other solar firms continue to scramble for profit, while tidal energy is on the verge of an upswing.

First Solar, the world's biggest maker of thin-film panels, plans to build solar farms in India rather than just supply panels, the company's new head for the South Asian market said last week. The interesting aspect of this piece of news is that many of these plants would be for industrial and commercial consumers without any subsidies involved. “Our focus really is to create a new stream of demand in the market," said Sujoy Ghosh, in an interview.



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