~38% Increase in Module Prices in last 20 Months (August 2020 – March 2022)
~38% Increase in Module Prices in last 20 Months (August 2020 – March 2022) In the past decade, the world has witnessed a solar boom. Annual Solar Installations across the globe have increased from 18 GW in 2010 to 183 GW in 2021 and is projected to increase to 334 GW by 2030.[1] Similarly in India, cumulative installed solar capacity has increased manifold from 161 MW in 2010 to 55 GW as of December 2021.[2] One major reason for such…