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India’s solar PV exports surge to $1.97 billion in FY 2023-24

India’s solar photovoltaic (PV) module exports have seen significant growth, reaching $1.97 billion in fiscal 2023-24, up from $83 million in fiscal 2021-22. From April to November 2024, exports totalled approximately $782 million, as reported by the Minister of State for New & Renewable Energy, Shripad Yesso Naik, in parliament. The United States remains the largest destination for India’s solar PV modules, with its share of U.S. imports rising from 2.2% in 2021 to 9%…