SunEdison Says U.S. Companies Benefited From India Solar Policy
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India’s solar policy has benefited U.S. companies and not given much help to domestic suppliers even though it restricts imports of the technology, said an industry executive for a unit of MEMC Electronic Materials Inc.
Pashupathy Gopalan, South Asia managing director of MEMC’s SunEdison LLC, which provides solar services, said India’s decision to relax policies favoring local companies has directly helped First Solar Inc., an Arizona-based competitor. The executive spoke from Chennai on India’s East coast.