According to the Bridge to India’s ‘India Solar Compass’ report, the total capacity addition in 2017 was 9,255 MW, up 94% over 2016. However, Q4 2017 was slow in terms of project commissioning with only 1,503 MW of utility scale projects being commissioned. Moreover, the execution costs have shot up by about 18% in just six months.
Robotics in PV: The momentum of China’s solar growth appears unstoppable, driving the hunger for faster, qualitative automated solutions for the domestic PV manufacturing industry. Thus, most new solar manufacturing facilities or production upgrades are equipped with nearly fully automated lines.
Ecoppia’s fully automated water-free solar panel cleaning solution is on track to clean over 1 GW of panels in the cutting-edge Bhadla solar park by the end of 2018.
The Odisha state government plans to increase its solar power generation capacity from 63 MW to 333 MW by the end of 2017-2018. The eastern state of India has also invited bids for 200 MW of solar power, with the process set to begin in a fortnight. Odisha’s rooftop capacity stands at 16 MW.
“Huge demand” will be created in the Indian solar market in 2018 on the back of the government’s plans to auction off 20 GW worth of projects, says IHS Markit. Companies will only be permitted to take part in the auctions, it says, if they set up manufacturing facilites in the country. Jobs will also be created.
Indian Space Research and Observatory (ISRO) presented the usage of space technology for solar energy. The space center has included solar radiation data on the existing observation system VEDAS (Visualization of Earth Observation Data and Archival system). ISRO also presented the rooftop potential for smart cities, a government initiative to develop sustainable cities with world-class facilities.
The State Bank of India (SBI) announces the deal at a press conference on financing grid-connected rooftop solar PV projects in association with World Bank held in Mumbai on October 30.
Energy Efficiency Services Ltd. (EESL) has procured PV modules from several Indian manufacturers at a lower rate than it can from Chinese suppliers, setting a new benchmark for panel prices in the country.
The Ministry of New and Renewable Energy (MNRE) has confirmed that renewable energy in Tamil Nadu should have “must run” status and there should not be any more backdowns in solar power.
It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.
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