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Abridging Gap between Manufacturing Capacities and Demand of Solar Panels Standstills in Amid of Dwindling China’s Solar Market & Policies

<p><span style="font-size:9.0pt">India has an annual solar-cell manufacturing capacity of about 3 gigawatts while the average annual demand is 20 gigawatts, the gap of demand and supply is fulfilled through imports. China has 30% of market share in India, a recent policy change in China&nbsp; to cut financial support to developers and halted approval for new projects has appraised a downfall in solar panel prices by 15-30%. </span></p> <p><span style="font-size:9pt">As such turmoil has halted all the solar auction in anticipation of reduced generation cost. It is poised to make solar power competitive and at parity with conventional power.&nbsp; &nbsp;</span></p>