U.S., India glimpse a bright future together in solar power

There are few places in the world where the opportunity for solar power is more blindingly obvious than India. There are also few industries where the possibility of collaboration between India and the United States is more tantalizing.

But while India’s solar industry is finally taking off, massive hurdles must be overcome before it can make a meaningful contribution to the country’s rapidly growing power needs, experts and business leaders say.

“India is a very important market for the solar industry, one of the top three markets worldwide,” said Jayesh Goyal of California-based concentrated solar power technology provider Areva Solar. “The general view is that India will reach the 3 percent target before 2022.”

The logic for the Indian solar sector appears almost irrefutable.

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