The Indo-Tibetan Border (ITB) Police Force at Lingdum in East Sikkim has invited bids for supply and installation of 10 KWp and 5 KWp solar power plants at its five border outposts.
The private-sector integrated power company will cease to build new coal-fired capacity. Instead, it eyes 70% of new capacity additions coming from solar, wind and hydro through to year 2025.
Given the existing trajectory of wind, solar and other renewable sources, India will reach 144 GW renewable energy capacity by FY2021-22—not far from the aspirational 175 GW target set back in 2015. This places India on track for exceeding its 275 GW target in 2027.
The solar capacity addition of 7-7.5 GW in FY2019-20 will be 15% higher than a subdued 6-6.5 GW in FY 2018-19. Of the total, 1 GW would come through open access/group captive route and grid-connected rooftop.
The EPC contractor and solar PV module manufacturer aims to capture over 15% of India’s Rs 600 crore off-grid solar inverter market by 2022, thus becoming one of the largest solar inverter players in the segment.
Narendra Modi’s BJP party is seeking re-election with the aim of ensuring the electrification of all railways by 2022 and turning renewable energy into a popular movement with steps including an emphasis on solar farming. Even if the elections spring a surprise, however, the renewable momentum is unlikely to slow as no government can afford to roll back the clean power tide.
The world had more than half a terawatt of PV generation capacity at the end of last year as emerging solar markets picked up the slack caused by Beijing’s subsidy about-turn to the tune of a 20% rise in installations outside China.
Lack of road access meant PV panels had to be brought in by boat to be installed on the roof of every home under the government’s Saubhagya rural electrification scheme.
With Narendra Modi being tipped to triumph again in the current Indian elections, Indian solar capacity is expected to grow robustly, at 15.3% per year, on the back of continued strong government support.
ACME Solar installed the largest utility-scale solar capacity in 2018. It also had the largest project pipeline at the end of 2018, closely followed by SB Energy and Azure Power. While modules from China’s ZnShine were used the most, the imposition of the safeguard duty helped domestic manufacturers to capture a larger share of the market compared to 2017, according to clean energy consulting firm Mercom Communications.
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