India emerging as a solar PV hub: SEMI
Currently, the solar photovoltaic manufacturing base is really small in India. But it won't be long before Indian companies would play a larger role not only in the domestic market but also in supporting some of the projects in Europe and other parts of the world. Most of the semiconductor companies such as Intel, Samsung, and TSMC have also entered into the solar photovoltaic power products segment.
China is the largest manufacturer of solar PV products supporting requirements in Europe and the U.S., European production followed by Taiwan and Japan.
"The recent announcement of National Solar Mission and other support decisions will encourage domestic companies to tap this opportunity," said Stanley T. Myers, President and CEO of SEMI.
Thousands of researchers in the semiconductor and solar photo voltaic segments have helped in evolving standards. These would help Indian companies venture into new projects and also in selecting appropriate technologies.
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