The deadline for SECI’s latest attempt to incentivize Indian solar manufacturing by offering generation capacity has come and gone. The government body’s attempts to kick-start domestic production have thus far made little headway.
As part of the viability gap funding scheme for 12 GW of new solar, SECI has invited bids for setting up of 2 GW of grid-connected solar PV projects. The projects, to be developed on ‘build, own, operate’ basis, can be located anywhere in India for self-use or use by government entities at maximum fixed tariffs of Rs 3.50/kWh. The deadline for bid submission is May 3.
As lithium-ion battery sales boom, suppliers of equipment for manufacturing photovoltaics are branching out into the storage industry. Are these ventures leading them to bankruptcy or to a breakthrough in storing solar energy?
Delhi based Avanze Inventive will set up the Lithium-ion cells manufacturing unit in the state of Andhra Pradesh with the help of the Andhra Pradesh Economic Development Board (APEDB). The plant, with total size of 1 GW, will entail a total investment of Rs 1800 crore (US$ 256 million).
India needs a manufacturing policy that is scalable, secure, strategical and supportive and promotes both the growth and spread of solar while protecting the interests of domestic manufacturers.
In a move to promote indigenous manufacturing, the government has doubled the basic import duty on lithium ion cells—used in manufacturing of lithium ion accumulator for EVs—to 10 per cent from April 2021. Battery packs used in manufacturing electric vehicles face tripled import duty of 15 per cent as against the current 5 per cent.
Aiming to localize production across the electric vehicle value chain, the government will support battery manufacturing at a gigawatt-scale. The initial focus will be on large-scale module and pack assembly plants by the next fiscal year, followed by integrated cell manufacturing by 2021-22.
The revenues of Switzerland-based Leclanché have increased more than 2.5 times to exceed CHF 47 million in 2018 compared to CHF 18 million in 2017.
Following New Delhi based Urja Global, Singapore-based Ojovati and another Delhi-based company Avanze Inventive have signed memorandums of understanding (MoUs) for manufacturing of Lithium-ion cells and batteries in the state, respectively.
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