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India Plans Subsidies to Boost Solar-Power Sector

2013-04-22 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Wall Street Journal: The Indian government will unveil proposed regulations Monday to create subsidies and expand a "Buy Indian" mandate to give a boost to its lackluster solar-power sector, putting it on a collision course with the U.S. The new rules will extend local content requirements, which so far have been restricted to a type of technology known as silicon wafers, to thin-film cells as well, Tarun Kapoor, joint secretary in India's Ministry of New and Renewable Energy, told The Wall Street Journal. The move...

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