First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/01/26/silver-use-in-india-solar-projects-is-skyrocketing-002955
<p><img src='https://www.moneymetals.com/uploads/content/silver-use-in-india-solar-projects-is-skyrocketing-social.jpg'/></p>The rapidly growing middle class in India has led to massive new energy demand, and the populous nation is increasingly turning to solar. A boom in solar projects worldwide is gobbling up substantially more silver ounces every year, adding to the annual silver production deficit reported in recent years.