A new report by ICRA says large-scale solar in the country will likely achieve the 60 GW target set by the Indian government. Rooftop solar and wind, however, will see a shortfall.
The projects are to be carried out on a turnkey basis, with solar modules and inverters supplied by Rajasthan Electronics & Instruments Limited (REIL). Bidding closes on August 4.
Rooftop solar is the obvious choice to save on electricity costs for businesses as they look to preserve capital and find ways to cut expenses post Covid-19.
Some 5.9 GW of utility scale PV generation capacity was added in 2019-20, plus 1.7 GW of rooftop solar, with domestic module manufacturers enjoying around 40% of the market.
India’s entire solar industry is dependent on Chinese imports to function. Hence, there is a comprehensive need to relook at the current policies and focus on building wafers and ingots capacity that will be used to manufacture the cells and eventually, modules.
With the latest robotic cleaning offering, the startup aims to capture the residential solar market that currently stands at a capacity of 4400 MW and is expected to reach 8500 MW by the end of 2020.
The state’s Solar Power Policy 2015 was due to expire since April 1, 2020. With a 9-month extension, solar power plants installed and commissioned till December end become eligible for the benefits and incentives declared under this policy.
Scientists measuring air pollutants and PV performance in the city have found the lockdown conditions imposed since late March have brought about a significant reduction in air pollution which has led to an 8% increase in solar irradiation reaching rooftop arrays.
The expected return would leave the nation woefully short of its ambitious 175 GW clean energy target, which was laid down with a 2022 deadline. Chief executives who criticized aggressive clean power auctions said they would like to see more fossil fuel facilities thrown into the mix.
A new report outlines key considerations for Indian regulators and other stakeholders when designing behind-the-meter distributed solar-plus-storage system programs, based on evidence from similar programs in the United States.
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