India’s $100 Billion Grid Bet Is Accelerating A Solar Manufacturing Boom

Just a decade ago, the Indian government seemed hell-bent on using coal to power its industrialization drive, with large-scale solar energy virtually unheard of in the country apart from a few microgrids serving remote rural villages and rooftop installations.

In early 2015, the Modi administration set a goal to double domestic coal output to roughly 1.5 billion tonnes by 2030.

However, the country’s energy landscape has since undergone a massive transformation in a short space of time.

While the majority of the world’s industrial heavyweights…