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Why solar is suddenly so sexy for Indian companies

Sushma U N
Why solar is suddenly so sexy for Indian companies

In 2014, heavy machinery manufacturer Schwing Stetter put up a rooftop solar power system at its factory near Chennai in southern India. Operating out of a city that experiences frequent power outages, the company wanted to explore other sources of electricity and zeroed in on a 100 kilowatt (KW) rooftop solar system. “At that time,…