While overall global investment in clean energy saw a decrease of just 1% YoY in the first half of 2018, solar’s share dropped 19% following changes to China’s PV policy and lower project costs, says Bloomberg NEF (BNEF). It forecasts this trend to continue throughout the year.
More than 80% of India’s solar equipment requirements are met through imports from China. Against this backdrop, industry analysts see the predicted 30% lower module pricing, following China’s revised policy, as a good news for Indian PV projects.
Chinese giant boasted 18% of the Indian market, to be crowned the nation’s top dog for the third consecutive year. Canadian Solar, First Solar, Hanwha Q Cells and JA Solar also enjoyed a big export market from the rising solar power.
Madhya Pradesh recently floated a tender for the implementation of grid connected rooftop solar PV projects under the RESCO (renewable energy service company) Model. Manu Srivastava, principal secretary and commissioner, New and Renewable Energy Department, Government of Madhya Pradesh, and managing director of Madhya Pradesh Urja Vikas Nigam (MPUVNL), speaks to pv magazine about the tender and initiatives taken by the state government.
On the sidelines of the Renewable Energy Dialogue 2018, organized by Council on Energy, Environment and Water (CEEW) in New Delhi recently, pv magazine spoke to the Counil’s founder and CEO, Arunabha Ghosh, senior programme lead, Kanika Chawla, and Hero Future Energies CEO, Sunil Jain about the performance of India’s renewable sector over the past year, the reasons for the deferral of solar PV project auctions, and the poor uptake of rooftop solar in India.
ACME Solar has bagged a 600 MW solar PV project in a reverse auction conducted by the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 (US$0.036) per unit.
Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has commissioned 100 MW of solar capacity at the Anthapuramu Solar Park in Andhra Pradesh, taking its overall renewable capacity to 2,215 MW in India.
Israel-based Ecoppia has partnered with SB Energy, a wholly-owned subsidiary of SoftBank Group Corp., to deploy 2,000 robots across its five sites in the Bhadla Phase III and IV Solar Park Project in Rajasthan, India. This announcement follows its recent completion of large-scale deployments with ENGIE and Ostro Power (Actis Group) in the Bhadla park. pv magazine speaks to Ecoppia CEO Eran Meller about the project.
Despite this, at least half the companies among the top 10 – in terms of shares of projects sanctioned – changed every year between 2014 and 2017. International independent power producers (IPPs) accounted for around 45% of the sanctioned projects in solar parks. Around 35% of the park projects were awarded to IPPs registered in Mauritius, where companies benefit from preferential taxation.
The projects are to be developed on a build-own-operate basis for an aggregate capacity of 2,500 MW. The eligible bid capacity is 200-500 MW, with a project capacity of at least 50 MW at one project site. The maximum tariff payable to each project developer is fixed at Rs 2.93/kWh for the entire term of 25 years.
Underlining India’s commitment to becoming the global renewable energy leader, Shri Anand Kumar, secretary of the Ministry of New and Renewable Energy, said the country plans 500 GW of capacity by 2030. He also underlined plans to become a solar and storage manufacturing hub; and said the International Solar Alliance needs to widen its membership.
There was incredulity in some quarters as the federal government raised its renewables ambition another 22%, but the stellar performance of the past four years points to the new target being a realizable one.
India’s PV sector is expanding at a serious pace, creating jobs and further securing energy supply for many businesses. Yet, sourcing battery cell technology at the current rate resulted in annual foreign exchange of Rs. 1012 crore creating deficits, that hopefully can be averted in the future.
The Indian Ministry of New and Renewable Energy (MNRE) says the nation will exceed 175 GW of installed renewable energy capacity as plans for bidding for 115 GW of renewable power projects to March 2020 were announced. The target for PV parks has been increased from 20 GW to 40 GW with some 41 parks in 21 states – with aggregate capacity of more than 26 GW – already sanctioned.
India has unveiled a national wind-solar hybrid policy that provides a framework for promotion of large grid connected wind-solar PV systems for optimal and efficient utilization of transmission infrastructure and land, reducing the variability in renewable power generation and thus achieving better grid stability.
All future bids for renewable projects would have at least 50% domestic manufacturing component for developers. The government will also soon make it obligatory for project developers to manufacture storage systems.
India’s Exide Industries Limited and Switzerland-based Leclanché S.A. have announced a 75%-25% joint venture (JV) under which lithium-ion (Li-ion) cells, modules and battery packs will be manufactured in the state of Gujarat.
If implemented, the huge tendering exercise would dwarf anything that has gone before it. Minister explains bidding will also include solar manufacturing and storage elements.
Waaree Energies has set up a 1 GW solar PV panel plant in Vapi, which is in addition to its existing 500 MW plant in Surat, Gujarat. The company intends to further increase capacity to 2 GW. Among other key developments, it has partnered with third-party equipment suppliers to manufacture batteries
The Central Electronics Limited (CEL), the first Indian company to develop crystalline solar cells and modules in 1977-78, has invited an expression of interest (EoI) for the establishment of manufacturing facilities for the production of solar cells and crystalline silicon (c-si) modules (conventional/flexible).
The EV manufacturer will develop a complete system encompassing electric vehicles (EVs), smart parking, charging infrastructure and software integration platform NEMO for the experimental township of Auroville in Tamil Nadu. Mahindra has also unveiled an energy storage solution for EVs and will help harness renewable power.
For off-grid solar PV installations, the high cost of batteries is the biggest bottleneck. However, the cost of storage is expected to drop as technology advances and volumes go up.
Bloomberg New Energy Finance says EVs will make up only 7% of new car sales in nation by 2030, compared to a predicted 44% for European sales, 41% in China, 34% in the US and 17% in Japan
To smoothen this transition, the country needs to build fast solar PV-powered charging stations. In 2017, there were only 220-250 operational charging stations in India, compared to 56,000 petrol stations.
Uncertainty in the renewable energy sector continues to drive a “relentless focus on cost” to soften the impact of protectionism, subsidy cuts and rising interest rates throughout the world, EY says in its latest Renewable Energy Country Attractiveness Index (RECAI) report. But the evolving outlook for project finance, as well as the gradual maturation of technologies such as blockchain, present new challenges and opportunities.
Actions taken today in the pursuit of environmentally sustainable and socially inclusive growth path in India stand to benefit more than 17 percent of the world’s population. A sustainable future for India carries an impact for the subcontinent and the entire world. At GGGI – the Global Green Growth Institute – our attention is captured […]
Budget 2018-19 has been watched with a lot of expectations and addressed three critical issues, agricultural distress being foremost, followed by employment opportunities for youth, and ways to kickstart manufacturing with large-scale private investments. ‘Saubhagya’ is one of the powerful tools that was at the top of the budget’s agenda, which Prime Minister Modi launched […]
India’s Director General of Safeguards (DGS) has proposed a provisional duty of 70% for a period of 200 days on solar cells and modules. It has issued its recommendations in a preliminary report, completed within just a month of submission of the petition by five Indian manufacturers including Mundra Solar, Indosolar, Jupiter Solar, Websol Energy and Helios […]
Since 2014, around 29 GW of utility scale solar tenders have been issued in India. Most of this capacity (81%, 23.5 GW) has been tendered by NTPC, SECI, DISCOMs and other public sector entities for project development by the private sector. But there is also a sizeable 19% (5.5 GW) tendered in the form of […]
The Indian Railways, being one of the largest railway networks in the world, operates around 12,000 trains per day. It is also one of the largest consumers of diesel in the country, with an annual consumption of 2.7 billion liters, which includes traction requirement as well as the use of coach lights, fans, AC, etc. […]
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