India’s $100 Billion Grid Bet Is Accelerating A Solar Manufacturing Boom
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Just a decade ago, the Indian government seemed hell-bent on using coal to power its industrialization drive, with large-scale solar energy virtually unheard of in the country apart from a few microgrids serving remote rural villages and rooftop installations. In early 2015, the Modi administration set a goal to double domestic coal output to roughly 1.5 billion tonnes by 2030. However, the country’s energy landscape has since undergone a massive transformation in a short space of time. While the majority of the world’s industrial heavyweights…
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Original article published by OilPrice.com on July 8, 2026. Analysis and insights provided by AnalystMarkets AI.
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