The Cellular Operators Association of India has welcomed lowering of the green energy open-access transaction limit from 1 MW to 100 kW under the Electricity (Promoting Renewable Energy through Green Open Access) Rules 2022.
CareEdge Ratings has analyzed the key drivers of rising PV module prices and the impact on projects in India. It has also assessed the tariffs expected in upcoming bids, to ensure that developers get the same returns they were previously getting.
Chinese PV module manufacturer Longi has surpassed 7 GW of shipments to India, less than six years after launching its operations in the country.
USA-headquartered CubicPV will supply, per annum, 1 GW of Direct Wafer silicon solar cells to Indian manufacturer Waaree Energies under a five-year contract. The cells will be supplied from its upcoming 2 GW factory in India.
Supply demand mismatch is the most crucial factor which is directly or indirectly leading to an increase in module prices. At present, demand (especially for poly-Si) far outstrips the supply. A balance between the supply and demand is essential for stabilization of solar module prices.
While ALMM does support domestic manufacturers, this is not a sustained solution considering the wide demand-supply gap. Disincentivising imports could be a workable strategy when there is enough capacity back home.
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