BIS Certification for Solar Modules: Increasing Cost and Restricting New Technologies
Standards, costs, and technical requirements for solar modules to be approved under BIS certification is turning out to be a sore point for suppliers
September 4, 2019
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Over the past five years, India has become a thriving market for solar component suppliers. Between 2014 and 2019, the installed capacity of solar energy projects has grown at a compounded annual growth rate (CAGR) of over 60%. The demand for solar modules has been strong and is expected to remain so over the next few years. The Indian solar market has mostly been dominated by international module suppliers, while Indian module suppliers are gaining market share after safeguard duty was imposed. Some international module suppliers have raised concerns with respect to these regulations. According to international module suppliers, the Indian government’s implementation of these quality control measures is slowing down new product launches due to various technicalities, and this is preventing Indian developers from accessing the latest in solar equipment technology.