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The solar photovoltaic (PV) manufacturing market, unlike the PV deployment market, is much less distributed and democratic, with manufacturing concentrated in just a few countries. However, all is not lost yet. Globally for solar PV, the transition from a budding market to a mainstream market is on the horizon, as the industry expands from today’s annual production of 100 GWP to an expected 3,000 GWP/year by 2030.
Billions have been confined between their walls and are lost in their devices due to the COVID-19 crisis. In these unprecedented times, the irreplaceable role of electricity in modern lifestyle has been highlighted. In India, the maximum daily load of electricity was 162 GW on March 22nd. However, this load dropped by 41 GW to 121 GW by March 31 after the announcement of the much needed lockdown.
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