With India losing major solar markets to stiffer competition from cheaper products, it’s high time to change the game by playing on quality and innovation—according to Vikram Solar Chief Financial Officer Rajendra Kumar Parakh, who spoke to pv magazine on the challenge of shrinking markets before Indian solar manufacturers.
Micro and mini grid-connected projects will also be considered. Further, SECI has notified waiver of ISTS charges and losses and 6-month extension in the commissioning date.
According to the Taiwanese market research company, PV panel demand will increase by 16% over 2018 shipments. TrendForce also believes this growth trend will continue in 2020.
Jaipur-based Rajasthan Electronics & Instruments Limited has invited bids to supply 5000 quantities of 5W crystalline silicon solar cells. Bidding will close on July 17.
The Dholera Special Investment Region—known for the upcoming 5 GW solar park—has secured the first Lithium battery investment from Tata Chemicals, which has committed Rs 4000 crore to set up 10 GW capacity.
While India’s recent union budget announced steps to create an electric vehicle market, the solar sector still has issues that have not been addressed.
Jaipur’s Rajasthan Electronics & Instruments Limited has invited bids from Indian manufacturers for the supply of 75 Wp solar modules based on crystalline silicon technology. Bidding will close on July 19.
The new budget aims to seize the opportunity in energy storage and EVs through a range of incentives. However, alongside demand, production and export, the government also needs to focus on e-waste management and Li-ion battery recycling to sustain raw material supply and minimize environmental impact.
With half-cut, bifacial, shingle cell, and heterojunction designs being deployed at the scale of hundreds of megawatts, it is an exciting time to be in solar cell and module technology.
The annual report has placed EVs at the heart of India’s decarbonization and called for an Indian answer to the U.S. ‘Motor City’ of Detroit, where electric vehicles and the batteries to run them could be manufactured.
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