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India to near clean energy goals in 2019

  • Date : 30/12/2018
  • Source : The Financial Express | Delhi / Mumbai / Pune / Bangalore / Hyderabad / Chennai / Kochi / Ahmedabad / Chandigarh

Andrew Hines, Co-founder and Business Development Head of CleanMax Solar, believes the safeguard duty created a lot of uncertainty in the industry for around seven-eight months. The year 2019 might see the peak growth of previous five years, provided there are no regulatory surprises similar to safeguard duty. However, certain segments like commercial and industrial, and open access, will continue to perform well despite challenges. "Even government tenders will see good growth as there has been improvement in wind and solar tariffs compared with conventional thermal power tariffs"