Can India Lead the Global Minigrid Market Like China Did With Solar PV?

By [email protected] Between 2006 and 2016, China evolved from a bit player in solar panel manufacturing to a behemoth. In the process, it sparked a global boom in renewable energy and created a huge domestic industry.

India now finds itself in a position to do something similar for renewable energy minigrids  —  if the government seizes the opportunity.

The microgrid market has massive potential. According to various estimates, it is expected to double by 2022, reaching between $23 billion to $39 billion, depending on the source. Similarly, minigrids (basically smaller-capacity microgrids) are gaining traction in growth economies in Africa and Asia, and are expected

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