Eric Daniel, Head of India at QOS Energy, speaks to pv magazine about his views on the Indian market, specifically how a fully digitalized solar O&M and asset management helps enhance asset profitability.
The threat of India’s government imposing anti-dumping duties (ADD) against solar cells and modules from China, Taiwan and Malaysia is very real, and runs counter to its own ambitions of hitting 100 GW of solar by 2022. Or does it? Could duties help to boost India’s solar industry in other ways? And does the ongoing political uncertainty create opportunity or trepidation for industry?
Despite the 250 MW solar project securing a record low bid of INR 3.15 ($ 0.05)/kWh in April, Andhra Pradesh refused to buy the generated power, after tariffs fell further in subsequent auctions. This decision has now been rescinded, according to The Economic Times, with the affected parties having reached a compromise.
India needs to create around 330,000 jobs over the next five years if it is to achieve its ambitious renewable energy goals, according to a new report by the World Resources Institute. Several methods have been recommended for boosting jobs in the sector, while also tackling poverty eradication.
Since 2014, around 29 GW of utility scale solar tenders have been issued in India. Most of this capacity (81%, 23.5 GW) has been tendered by NTPC, SECI, DISCOMs and other public sector entities for project development by the private sector. But there is also a sizeable 19% (5.5 GW) tendered in the form of […]
IESA and IEEMA have together organized a masterclass to develop advanced energy storage manufacturing in India. The event has also witnessed increased government support for the sector as energy storage opportunities in India are expected to attract investment of more than $3 billion in the next three years.
There is potential for solar PV and storage to snap a significant share of the distributed energy industry in frontier markets, says BNEF. Both telecoms and agriculture present interesting opportunities; SE Asia is an emerging micro grid hotspot; pay-as-you-go solar is seeing strong growth; and China is recording substantial business.
Record growth continues as India installed 2,247 MW of solar projects in Q3 2017, up 15% from Q2 2017. The total installation at the end of 2017 is expected to range from 9.5 GW to 10 GW. The 7 GW solar installation in first nine months covered more than one-third of total new power capacity addition in 2017.
Renewable developers, mainly solar firms, are now looking abroad, especially in Southeast Asia, the Middle East and Africa to diversify their assets and business portfolio, finds report.
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