India can achieve its ‘450 GW by 2030’ target of installed renewable energy capacity, said Dinesh Jagdale, joint secretary, Ministry of New and Renewable Energy, in his keynote address at the Renewable Leadership Summit 2021 held recently in New Delhi.

The Summit was organized by Solar Association (with Kamal Marwah as president for Delhi NCR) in association with inverter manufacturer Solis. International Solar Alliance advisor KS Popli was also a chief guest at the event.

Jagdale told the solar PV industry stakeholders gathering that the nation has already reached 100 GW of purely renewable energy capacity, which is mostly wind and solar. And if hydro is added, the capacity is almost close to 150 GW. The Indian RE capacity grew at a compound annual growth rate of 16-17% over seven years from 2014 onwards. If the nation maintains this annual growth rate, it shall reach the 450 GW target.

The ministry, including those in policy-making, are doing their best to create a conducive environment to attract investments in the renewable energy sector of India. “With the stakeholder consultation, which we believe is the right way to go forward, we all will be able to bring in more and more innovative ideas to bring the kind of support system that is required to facilitate and mitigate the risk around the RE investments in India,” said Jagdale. 

India is gearing to ramp up solar equipment manufacturing to meet the demand that accompanies the solar power capacity expansion. 

“The PLI Scheme response for setting up close to 55 GW solar capacity gives us the confidence that India too can become a leader in the global solar equipment supply chain,” said Jagdale.

Solis product launch

The Summit saw Solis, a leading inverter supplier for the Indian rooftop solar market, launch its updated SolisCloud and the Solis off-grid hybrid inverter. The SolisCloud offers all the functions of the Solis Home/Pro app that lets plant owners remotely monitor their PV plant and review real-time generation, while adding fresh new functions for organization management, IV curve scanning, dispersion rate analysis, warranty inquiry, etc. All of this on an all-new interface that is both user-friendly and easy to understand. 

The Solis off-grid hybrid inverter will be available in four versions of 4-5kW, with a 48V battery provided in the standard version. With an ability to be completely off-grid as well as on-grid while using grid power only as a backup, the hybrid inverters will fill a key market need for a quality product in the emerging segment. 

Compatible with both lead-acid and lithium batteries, these inverters can handle surge current between 60A to 80A depending on the model, and surge capacity between 8kVA and 10kVA.