BTI: India Installed 3.3 GW New Solar Capacity In Q3/2022
Q3/2022 Indian Solar Installations Drop 13% QoQ As Developers Push Projects To 2023 Hoping For Module Prices To Come Down
A lack of clarity about concessional Basic Customs Duty (BCD) for projects auctioned before 2021 and developers shelving their projects to 2023 anticipating drop in module prices led to a 13% sequential decline in Indian solar installations in Q3/2022, according to Bridge to India (BTI).
India PV News Snippets: BTI, Kajaria, CESL
Bridge To India Says India’s Total C&I Renewable Generation Capacity Exceeds 17 GW; Kajaria Ceramics To Invest INR 2.64 Million For Captive Solar Plant; CESL Tender For Solar Carport & Rooftop Project At Leh
India’s C&I RE capacity well over 17 GW: A Bridge to India (BTI) report titled India Corporate Renewable Brief Q1/2021 notes the country’s total installed commercial and industrial (C&I) renewable energy generation capacity in Q1/2021 gre.
PV In India Reaches 24.4 GW By March 2018
After Adding At Least 10.4 GW In FY 2017-18, India Reached 24.4 GW Of Total Installed PV Capacity By March 31, 2018; Country Still Has Another 8.18 GW Utility Scale PV In Pipeline, Says Bridge To India
Utility scale PV is growing its presence in India, accounting for 74% or 21.34 GW of the cumulative 24.4 GW of installed PV capacity by March 31, 2018.(Source: Bridge to India).
Record Low Tariff Expected For Rewa Solar Project
IFC Funded Solar Power Project Likely To Fetch ‘Substantially’ Below $0.059 per kWh Tariff
The 750 MW Rewa solar power tender floated by the State Government of Madhya Pradesh is likely to see solar tariffs to come ‘substantially’ below 4.00 INR per kWh ($0.059).
Tamil Nadu Tender Receives Unenthusiastic Response
Small Developers Only Show Interest In 116 MW Of A Total Of 500 MW Solar Capacity Tendered By Tamil Nadu
Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has not seen a very warm response to its 500 MW PV tender launched in October 2016. It received 20 bids for a cumulative capacity of only 116 MW from smaller developers.
Good Prospects For Rooftop Solar In India
India Registers 300% Growth For PV On Rooftops Over Last Year, Says Bridge To India
India’s current grid connected PV rooftop capacity makes up a miniscule portion of the overall solar installations in the country when compared to other mature markets in the world today, according to Bridge to India.
China Dominates Solar In India
PV Module Suppliers from China Increase Their Market Share To 75% In India, Says Report
Chinese solar module suppliers have been gaining ground in India, while Indian and non-Chinese companies have been on a downward spiral despite the strong growth of the market, according to Bridge to India..
