The year 2019 is expected to improve Indian solar scenario, which witnessed a slowdown in second half of 2018. Research data indicates that more than 35 GW of solar projects were tendered in the country between Jan-September 2018. Surprisingly, near about 13 GW of projects were auctioned at the end of the year. This stands…
Category: PV manufacturing
How to Preserve Investor Interest?
Indian solar sector showed incredible progress in recent years by becoming a 30,000 crore industry. But, in Q1 2018 corporate funding within the solar industry fell by 65%. Fortunately, the numbers have significantly increased by 15% as 2018 comes to a close. Nearly $5.3 billion was raised by the first half of 2018 in comparison to…
Major Policy Intervention Needed for Solar Growth
Recent time witnessed Solar Energy Corporation of India (SECI) rising the upper tariff ceiling for its 10 GW of interstate transmission system (ISTS) connected solar photovoltaic power projects. This can be considered as a move towards the right path, factoring in lack of developer interest in recent solar projects. Although, Indian solar initiatives have earned…
Challenges in the Path to ‘Power for All’
recent taxes and duties levied on growing solar industry must be considered as the biggest challenge in path to India's transition.
Safeguard Duty on Solar to cause 30% Decline in Demand
As one of the fastest growing economies, India decisively opted for solar development, understanding its potential to lift the country out of financial, social, and industrial darkness. The announcement of targeting 100 GW solar energy by 2022 evidently created an environment of urgency and brought forth a plethora of opportunities for industrial development. As a…
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