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In Depth

Solar Energy, Storage, Electricity Distribution & Projections

19 June 2019
Solar Energy, Storage, Electricity Distribution & Projections

Past: It has been an incredible journey for Solar PV industry during the last decade.

Tender Tracker: Insights Into 1200 MW SECI Auction Results ISTS IV

14 June 2019
Tender Tracker: Insights Into 1200 MW SECI Auction Results ISTS IV

The recent tender auctions of 1200 MW by SECI saw an active participation from 6 developers. Ayana Renewable (CDC), Renew, Azure & Mahindra Susten won the entire bidded capacity. Avaada Energy won 50MW of the 350MW bidded capacity. Company Name Status Bid Capacity Awarded Capacity Quoted Tariff...

India Solar Policy Update - May 2019

12 June 2019
India Solar Policy Update - May 2019

Below is SolarQuarter's brief analysis of the latest updates on solar regulations & policies from various states in India.

Pooled Structures And InvITs To Boost Market Access For Developers

12 June 2019
Pooled Structures And InvITs To Boost Market Access For Developers

Nuanced structures in pooling of assets such as obligor/co-obligor or Infrastructure Investment Trust would propel refinancing of the infrastructure assets, says India Ratings and Research.

India Solar Policy Update - April 2019

13 May 2019

Below is SolarQuarter's brief analysis of the latest updates on solar regulations & policies from various states in India.

Solar Energy: The Perfect Match For EVs

06 May 2019
Solar Energy: The Perfect Match For EVs

EVs and Solar as a supporting source of power. Recently there has been much hype around EVs what with the Indian government pledging to replace petrol and diesel cars with EVs by 2030.

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UPCOMING EVENTS

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SolarQuarter Tweets

India Solar Week 2019 is almost here! Buy your ticket today https://t.co/MLhS4umtrj See you on Jul 11, 2019!
About 12 hours ago
SolarRoofs Tamil Nadu 2019 is almost here! Buy your ticket today https://t.co/9SaZxZ0T0p See you on Jun 26, 2019!… https://t.co/CICaMQHAG7
About 14 hours ago

India Installed 20 GWs Solar PV- A Way Forward Approach

1.6 GW in rooftop solar, quoted by Mercom India Research. I am remembering a quote by Sir Edison when he said :

"I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait until oil and coal run out before we tackle that".

What a speed with which we achieved this figure, in fact Solar was the prime source of capacity additions in 2017, adding 9.6 GW which was 46% of total capacity additions. This happened for the first time ever in India. Government has been very supportive in bringing reforms in policies that could attract investors from round the globe to invest in renewable energy and specifically in Solar PV Sector in India. However there is still enough scope at central and state level in shaping policies specifically which relates to open access. In this course of time India have witnessed lowest tariff at INR 2.44 which boosted government's vision towards 100 GW goal, however it could only became possible with proper and specific ingredients of the respective investment strategy.  

With a target ahead of adding another 80 GW by 2022, there is a strong need for government to push for policy certainty and long term vision. I will also like to add my views on some of the aspects which can allow handsome flow of investments in the sector through industries and corporates. A separate policy can come which help industries and business houses to set up captive solar power projects and aim to go for 100% on renewables. Value additions in policy framework can be linked with subsequent reduction in wheeling and transmission charges and other open access charges with defined time frame. Banking rules can be eased, Availability of Land and single window clearances will also boost the morale of such potential investors. This will help corporates and industries meet their RPO targets, capacity will be added to the 100 GW goal and carbon emission reduction will take India towards top of the world in terms of climate change leadership.

As solar PV with storage system is the need of time, further encouragement of manufacturing Batteries and solar PV panels in India will give a great boost to renewable linked domestic economy.

Now with this capacity addition, there is an urgent need for setting up skill centers for people to learn operations and maintenance beyond the conventional approaches. Digitized O&M based on artificial intelligence, IoT and machine learning will prove to be a boon for investors. Performance data analysts and Researchers must be roped into the field to ensure that these power plants keep generating expected energy. Innovative methods needs to be roped to boost the PV system performances. Technology is evolving every next day, per say string inverters in utility scale projects are already making their place. Module mounted Micro-inverters are under research and will enter into market very soon. High efficiency and durable modules with lower cost will make a game change, not only in rooftops but utility scale projects as well, thereby securing maximum returns with comparative costs.

Research centers and institutes in India including NISE and NCPRE-IIT Bombay are doing fantastic work in domain. Their learnings, research and publications are boon to not only developers in India but the developing countries as well. They can develop a force of PV System analysts which will safeguard the investments.

As every drop makes the ocean, so is every watt of power, it makes people's life easier. The inaccessible and remote part of the country can be powered easily with solar PV. Let’s keep adding the wattage!!

India has great potential and is full of natural resources, at the same time we have a young force to act as catalyst in this growth journey. Being a renewable energy evangelist I am highly optimistic to see India meeting 100 GW target very soon.

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