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.
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.
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).
With this investment, the company plans to more than double its manufacturing capacity of tempered solar glass from 180 tonnes per day to 400 tonnes by 2020. Currently, it meets 30% of India’s demand for solar glass. With the expansion, it aims to become the market leader by catering to about 60-70%.
While news of Japan’s SoftBank announcing up to USD 60-100 billion investment in India’s solar PV power generation is creating ripples across the industry circles, industry analysts feel that the committment sounds unrealistic in view of India’s current PV market status and future needs.
India saw the issuance of 13 new utility-scale solar PV tenders totaling 11,945 MW in the quarter ending March 31, 2018, which is 68% more than in the entire of 2017. However, tender capacity for rooftop solar PV (greater than 1 MW in size) was down 50%, at 102 MW.
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