India may replace South-East Asian nations as leading solar PV exporter to US: Report

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Times of India 8h ago

India may replace South-East Asian nations as leading solar PV exporter to US: Report - Times of India

Quick Summary:

India is poised to become a key player in the US renewable energy market, leveraging its manufacturing prowess, cost-effectiveness, and skilled workforce.

The US, aiming to diversify from China, finds a strong partner in India, with potential for India to become a leading solar PV exporter to the US.

Several Indian companies are already establishing manufacturing capacities in the US, mitigating risks and positioning themselves to benefit from tax credits associated with renewable energy production.