ALMM

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. 

Gujarat State Electricity Corp. Ltd. (GSECL) is seeking contractors to install and commission 45 MW of grid-connected solar capacity in Bhavnagar district and 14 MW in Morbi, Gujarat.

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.

The state-owned integrated power utility has invited bids to install and commission a cumulative 20MW of ground-mounted, grid-connected solar capacity at its thermal power plant in Durgapur, West Bengal. Bidding closes on May 14.

April 25 is the deadline to lodge the interest in installing and commissioning grid-connected rooftop solar plants in various sizes for residential consumers in the State.

India recorded the highest ever annual solar installation in 2021 despite a rise in component costs.

As domestic solar manufacturers relying on imported cells remain exposed to price fluctuations, timely commissioning and ramp-up of on-going capex in module manufacturing value chain remains critical in the near to medium term.

The solar panel glass manufacturer expects strong growth in demand for its products at home and abroad with a significant rise expected in the production of PV modules in the USA and Europe.

Domestic manufacturers have until November 19 to bid for supplying the mono-crystalline/mono PERC silicon solar modules rated for a peak power output of 380-390W each.