The technology brings environmental, economic and social benefits, says the senior VP of Ciel et Terre’s Indian business. However, the nation’s obsession with price dictating business decisions, he adds, ignores the truism that ‘in the long run, cheap products lead to more cost’.
The order enabling payment of a rupee for every kilowatt-hour generated by off-grid PV systems has been extended until October 2021 because of anticipated delays in the state electricity board hitting its renewable purchase obligation.
Dhaka has heeded complaints about Indian manufacturers allegedly dumping sub-standard PV products over the border and issued a requirement for modules, inverters, charge controllers and batteries to attain IEC electrical standards.
Developers will be spared interstate transmission system charges if their projects are secured through public capacity auctions held to enable electricity distribution companies to achieve their renewable purchase obligations, and provided the facilities are commissioned before 2023.
The Appellate Tribunal for Electricity (APTEL) observed that Tamil Nadu Electricity Regulatory Commission (TNERC), in its Solar Tariff Order dated March 28, 2016, determined the tariff/capital cost without cogent or adequate reasoning while also being divergent from its own regulations.
India may fall around 7 GW short of its ‘60 GW by 2022’ utility-scale solar target if the power purchase agreement revision proposal by the state government is implemented.
The clean tech company will use the amount to fund its expansion as it plans to reach 5 GW of solar capacity in the next two or three years.
The projects—to be developed in ‘Capex’ mode—are part of the coal producer’s planned solar capacity of around 3 GW to emerge as a net zero energy company. Bidding closes on November 25.
Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions, including India, for now.
The requirement of design and installation of additional DC panels may emanate from the contractual need to supply the committed energy and does not cast any obligation on the procurer to buy generation in excess of the contracted energy range—stated the ministry in its advisory issued recently.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.