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Searching for perfect solution for roof top solar power plant

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Bright future of roof top solar power plant

Country’s solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat, Parliament was informed on Monday. Total power generation capacity was 9,012 MW as on December 31, 2016. Tamil Nadu led the chart followed by Rajasthan and Gujarat, Power Minister Piyush Goyal informed the Rajya Sabha.

“As on December 31, 2016, Gujarat (1.16 GW), Rajasthan (1.32 GW), and Tamil Nadu (1.6 GW) have crossed 1 GW solar installations…, while Andhra Pradesh (0.98 GW), Telangana (0.97 GW) and Madhya Pradesh (0.84 GW) are close to these states,” he said in written statement. The minister said solar power development varies from state to state depending on solar irradiance, availability of conducive state policy for the sector, availability of land, cost of financing and business environment such as willingness of DISCOMS to purchase the solar power, power evacuation infrastructure, etc.

On falling solar tariff, the minster stated in another statement to the Rajya Sabha that the tariff determined by the Central Electricity Regulatory Commission (CERC) in case of solar photovoltaic projects is Rs 5.68 per kWh and Rs 5.09 per kWh without and with accelerated depreciation benefit, respectively. He further said that in Rajasthan, the tariff after bidding came to Rs 4.34 per kWh.

The government is promoting solar energy through fiscal and promotional incentives such as capital and/or interest subsidy, tax holiday on the earnings for 10 years, generation-based incentive, accelerated depreciation, viability gap funding (VGF), financing solar rooftop systems as part of home loan, concessional excise and custom duties, preferential tariff for power generation from renewables, and foreign investment up to 100 per cent under the automatic route, etc.

This apart, the government has been supporting solar manufacturing by way of various mechanisms such as Modified Special Incentive Package Scheme (M-SIPS) of the Ministry of Electronics & Information Technology (MeitY), the minister said.

 

Source: http://indianexpress.com/article/india/indias-solar-power-capacity-crosses-9-gw-4510799/

 

ADLER Solar is a leading solar company dealing in solar products and providing complete solar energy solutions. You’ve come to the right place – give us a call!

Mob: +91 9971170911 ,+91 9910733911
Email : info@adlergroup.in

Web :  http://www.adlergroup.in

 

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India increases its solar exports 66% YoY, says Mercom

Analysis by Mercom Capital Group finds 66% growth in Indian-made solar cells and modules between April-August this year; export figure dwarfed by imports, which topped $763 million during that period.

India’s solar PV manufacturing sector increased its imports by 66% year-on-year between April and August this year, finds new analysis of official government figures by Mercom Capital Group.

Over the five-month period, Indian solar manufacturers recorded cell and module exports worth $45.55 million, up from $27.44 million during the same period in 2015.

While encouraging for India’s nascent manufacturing industry, those figures were dwarfed by solar imports, which grew 53% over the same period, from $496.9 million in 2015 to $762.7 million this year.

As reported yesterday, China remains the clear dominant source of solar imports into India, accounting for around 85% of all solar cells and modules entering the country, with Malaysia the second-largest supplier, accounting for 9% of imports – although Chinese companies operating in the country are likely to be behind this supply link.

Taiwanese suppliers accounted for 3% of imports, with the U.S. and Singapore each supplying 1% of cells and modules to India during the period in question.
With India working towards its 100 GW of solar by 2022 goal, the feeling in government is that current domestic manufacturing capacity is insufficient to meet the annual targets required, and thus measures are being introduced to support local producers.

Interestingly, the flood of cheap Chinese components has fueled exports from India, with the U.K. market remaining the largest for Indian suppliers, accounting for 36% of all solar exports. Italy (11%) and China (10%) are the next biggest markets, with the U.S. taking 8% of exports, along with Belgium.

“Indian manufacturers are mostly focused on export markets as this helps in increasing their profits. In India, developers are keen on using cheaper modules and cells as they grapple with project viability at aggressive tariffs,” said an official at India’s Ministry of Commerce. “For Indian manufacturers looking outside, this is the way to earn a profit as scaling up manufacturing to reduce price is a costly affair.”

Source: http://www.pv-magazine.com/news/details/beitrag/india-increases-its-solar-exports-66-yoy–says-mercom_100027001/#axzz4R1OetHIJ

ADLER Solar is a leading solar company dealing in solar products and providing complete solar energy solutions. You’ve come to the right place – give us a call!

Mob: +91 9971170911 ,+91 9910733911
Email : info@adlergroup.in
Web :  http://www.adlergroup.in