Recently, the latest data released by JMK Research, an Indian renewable energy consulting agency, shows that from January to September this year, India's newly installed photovoltaic power generation capacity reached 11.2 million kilowatts. Among them, the new installed capacity of centralized projects is about 9.3 million kilowatts, the new installed capacity of distributed projects is about 1.3 million kilowatts, and the new installed capacity of off-grid photovoltaic power generation projects is 600,000 kilowatts.

"With the gradual maturity of the photovoltaic industry, the cost of photovoltaic power generation has dropped rapidly. Even though the global photovoltaic industry is facing supply shortages and price increases in some links this year, Indian companies' demand for subsidy-free photovoltaic power plants is still growing. As of the end of September, The installed capacity of subsidy-free photovoltaic power generation projects proposed and under construction in India exceeds 5 million kilowatts." said Priya Sanjay, general manager of Macomb India Research Company.

Foreign media believe that in the future, as the cost of photovoltaic power generation continues to decline, the penetration rate of photovoltaic power generation will further increase in areas with better development conditions for the photovoltaic industry in India, such as western and southwestern India. We have also been paying close attention to the Indian market, and UISOLAR is confident in making achievements in this market with great potential.