April 12th, 2017 by Saurabh Mahapatra 
Originally published on CleanTechies.
India is set to overtake Japan as the world’s third-largest solar power market this year, a Taiwanese research firm has predicted.
According to EnergyTrend, the global solar PV demand is expected to remain stable at 74 gigawatts this year while India is expected to see sustained growth. The research claims that growth in China’s solar PV demand is expected to reduce slightly as the government has a lower capacity addition target compared to the last year.
Solar power in the world’s second largest market — the United States of America — may fall out of favor given the political scenario. Meanwhile, in Japan the government is expected to continue to reduce feed-in tariffs, possibly leading to a dent in investments.
India, on the other hand, is expected to contribute 14% to the global solar PV demand as the government continues to push for a very …