fbpx

Your address will show here +12 34 56 78
Delhi, Energy Power, News, Renewable, Solar, Solar Panel

Here we take a look at the leading solar PV module supplier in India (utility-scale and rooftop projects) for the year 2019.

Solar energy has become the leading resource for renewable energy expansion worldwide, and the case is similar in India. Where it now ranks ahead of wind energy, as the leading contributor to India’s renewable energy generational capacity.

According to the latest data made available by the Ministry of New and Renewable Energy (MNRE), as on February 29, 2020, a cumulative renewable energy capacity of 132.15 GW had been installed in the country, with an additional capacity of 46.69 GW under various stages of implementation and 34.07 GW under various stages of bidding. Of these, grid-connected solar power capacity is at 35.07 GW, with 21.35 GW in implementation and an additional 31.27 GW at various stages of tendering.

Now while the Indian solar market is expanding as quickly as it is, a majority of its demand (roughly 70 percent) is being met through imports from China and other foreign markets. And the Indian Government is now planning to quickly transition to a more locally dependent market as it wants to reduce the imports from foreign suppliers (especially China). In line with which, new announcements have been made which will see import duties on Chinese imports rise to (at its highest) 40 percent of the cost of the modules. A heavy import duty, and one that perhaps will come as a boost for the local manufacturers.

But for 2019, while the safeguard duty was in place with import rates running at 15 percent, the total modules supplied to the market are estimated to be around 8,366 MW, largely dominated by Chinese manufacturers.

Here we take a look at the leading solar PV module supplier in India (utility-scale and rooftop projects) for the year 2019.

Canadian Solar

Canadian Solar, The firm held a 3.8 percent share in the Indian market in 2019. In April, the firm had stated that it had experienced the limited impact of the coronavirus outbreak on its production facilities based in China, and is expected to hold a bigger share in the market in 2020.

Risen Energy

The leading module supplier in the Indian market for 2019 was Chinese brand Risen Energy. The company finished with an 11.6 percent share of the market, inching out local manufacture Waaree to the top spot. The company, as per research agency Bridge to India, held the top spot for a second consecutive year.

Waaree

Mumbai-headquartered solar PV module manufacturer Waaree secured a 10.6 percent market share in 2019, finishing second in the overall market behind Risen Energy. However, it did beat the likes of Vikram Solar and Adani to claim the spot of the leading local module supplier in the market.

Znshine

Another Chinese manufacturer, closing out the top three supplier list is Znshine. The firm grabbed a 9.6 percent share of the market to finish in the third position. Overall, the firm’s exports to India declined in 2019 which fell from over a gigawatt in 2018 to roughly 800 MWs in 2019, however, it still maintained a comfortable share in the market.

Vikram Solar

Fourth in the list, and just marginally losing out to Znshine in the top 3 suppliers list is Kolkatta based manufacturer Vikram Solar. The firm lost out on top three by a margin of roughly 8-10 MWs, as it grabbed a market share of 9.5 percent to Znshines’ 9.6 percent. The firm has received a 300 MW solar project from NTPC and is expected to stay firm at the top of the list for 2020.

Adani

Following right behind Vikram Solar is Adani which grabbed a 9.5 percent market share in the company. Adani perhaps is one the largest IPPs and project developers in the country, and its indulgence in the manufacturing business buoyed by the recent win in the country’s first manufacturing linked tender (annual mandatory manufacturing capacity of 2000 MW) could see it challenging for the top spot very soon.

Trina Solar

The first of the five Chinese firms that will close out the top 10 is Trina Solar. The firm grabbed an 8.5 percent share in the Indian market in 2019 to finish sixth. It is believed that the company was actually leading the market for the first half of the year but then lost out to the others by year-end.

Renesola

Next in the list is Renesola which bagged a 6 percent market share in 2019, to slot in at seventh position behind Trina Solar. The Chinese manufacturer had crossed the milestone of 20 GW in solar module deliveries globally at the back end of 2019.

JinkoSolar

In eight position is JinkoSolar, which finished eighth in the list with a 4.6 percent share in the market. Not the best position for the leading supplier, however, the firm has had a good start in 2020. The manufacturer, according to JMK Research, was the leading solar module supplier in India in the first quarter of 2020.

LONGi Solar

One of the world’s leading manufacturers of high-efficiency mono-crystalline solar cells and modules, LONGi Solar only managed to finish 9th in the list of leading suppliers in India for 2019. The company managed a 4.5 percent share in the market but will hope to improve on that in 2020, as it has signed a 1.2 GW multi-year module supply agreement with Adani Green Energy.

{It must be noted here that this list was sourced from a research report by JMK Research and Analytics. However, a report by Bridge to India has a slightly different ranking for the top module suppliers for the year 2019.}

0

Delhi, Energy Power, Enphase Inverter, News, Renewable, Solar

BSNL has tendered for grid-connected rooftop based solar PV system scheme for BSNL Buildings in different zones of Maharashtra under the RESCO Model

State-owned telecommunications company Bharat Sanchar Nigam Limited (BSNL), has issued a tender, inviting bids from eligible bidders for the implementation of grid-connected rooftop based solar PV system scheme for BSNL Buildings in different zones of Maharashtra under RESCO Model from the approved vendors by Maharashtra Energy Development Agency (MEDA).

The scope of work for the selected bidders will include the site survey, design, and proposal for the highest power generation capacity plants of rooftop based solar schemes for BSNL buildings in Maharashtra under the RESCO model.

The projects will be developed under the Central Governments’ Jawaharlal Nehru National Solar Mission (JNNSM) which now has a target of 100,000 MW of grid solar power by 2022, out of which grid-connected rooftop Solar PV systems is considered as very potent area and has a target of 40,000 MW. To achieve energy security and for having good optics, BSNL is envisaged to develop solar rooftop projects on a large scale by utilizing vacant roofs of buildings and adjoining lands of the campus, etc.

Only Government of Maharashtra departments /establishment, government institutions including Ministries/ Departments/ Organisation of both Central & State Governments and PSUs interested to set up rooftop solar power projects under CAPEX /RESCO model can approach MEDA impaneled Solar Project Developers /System Integrators /RESCO’s.

The tender also lists the eight developers/system integrators/ RESCOs empaneled by MEDA for the development of solar PV power plants in RESCO mode for Government sector buildings in Maharashtra.

As per the terms of a RESCO deal, the SPDs will have to incur a 100 percent cost for the development of the project. The selected bidders can develop solar power plants in RESCO mode from above eight developers at a competitive tariff of Rs. 2.74 per kWh (>10- 100 kW) & Rs.2.7395 per kWh (> 100500 kW) fixed for 25 years.

The last date for bid submission is July 17, 2020, and the techno-commercial bids will be opened on July 18, 2020.

Source:- https://www.saurenergy.com/solar-energy-news/bsnl-tenders-rooftop-solar-plants-buildings-maharashtra

0

Delhi, Energy Power, News, Renewable, Solar, Solar Panel, solar parks

Move comes amid heightened border tensions with China

Indian Prime Minister Narendra Modi on Friday launched a solar power plant with the aim to stop reliance on imports from neighbors China and Pakistan

The 750-megawatt power plant in the central state of Madhya Pradesh is being dubbed as the largest in Asia by local media.

The project is expected to reduce carbon dioxide emissions by 1.5 million tons each year.

“Several steps are being taken to increase domestic manufacturing and it has been decided that government’s departments and institutions will only buy domestically manufactured solar cells and modules,” said Modi, in the wake of recent border tensions with China.

China is a major exporting nation of solar equipment to India. However, border clashes last month which resulted in the killing of 20 Indian troops have triggered a trade war between the two Asian giants.

In the virtual launch of the Rewa Ultra Mega Solar Power Project, Modi highlighted that India’s progress in the field of solar energy will garner international interest.

“Hopefully very soon India will be a major exporter of power. The International Solar Alliance was launched with the motive to unite the entire world in terms of solar energy.”

The project is a step toward India’s ambitious target of installing 175 gigawatts of renewable energy by the year 2022.

Source : – https://www.aa.com.tr/en/asia-pacific/india-launches-solar-power-plant-to-stop-china-imports/1906032

0

Energy Power, News, Renewable, Solar, Solar Inverter, Solar Panel, solar parks

In a bid to minimize its dependence on the use of conventional sources of energy, Patna University (PU) is planning tap solar power installing rooftop solar panels on all of its buildings.

PU vice-chancellor (VC) Rash Bihari Prasad Singh announced about the installation of solar panel while initiating a discussion on the ‘Utility of Solar Energy’ organized as part of ‘Jal-Jivan-Hariyali Diwas’ celebrations .

First Tuesday of every month is observed as ‘Jal-Jivan-Hariyali Diwas’ after the education department in Bihar ssue directive to all the universities and colleges.

According to TOI various programmes were conducted at the university level and in different colleges on the theme of energy conservation.

A solar panel of 236kW had already been installed in PU and more such installations were in the pipeline said Bihar Renewable Energy Development Agency (BREDA) project officer Surendra Kuma.

Kumar also gave valuable tips on conservation of energy and advantages of the use of solar power.

The publication notes that PU National Service Scheme (NSS) programme coordinator Atul Aditya Pandey pointed out that all the NSS camps organized in different colleges were now based on the theme of ‘Jal-Jivan-Hariyali’.

He added “Young volunteers are being told about ecological balance and environmental conservation,” he added.

Source : – http://www.climatesamurai.com/solar/patna-university-to-install-rooftop-solar-on-all-its-buildings/

0

Delhi, Energy Power, News, Renewable, Solar, solar parks

India outlines 20% customs duty on solar modules, cells and inverters from August 2020

India is set to impose a 20% levy on imported solar modules, cells and inverters from August, replacing the current safeguard duty.

Numerous local reports state the levy was proposed by Indian power minister RK Singh yesterday during a call with industry representatives, confirming that Prime Minister Narendra Modi’s government intended to impose a Basic Custom Duty (BCD) of 20% on imports.

That BCD, which comes as part of the ‘Make in India’ initiative designed at stimulating domestic manufacturing, would replace the existing safeguard duty of 15% set to expire on 29 July 2020.

The update serves as a confirmation of duties first teased within the Union budget earlier this year, which at the time set no particular timeframe for the introduction of such levies. It would also seem to remove any confusion over potential exemptions for components or equipment, as were suggested a month later.  

It also comes amidst a push from India’s Ministry of New and Renewable Energy to rekindle domestic renewable manufacturing having witnessed imports struggle with logistics issues posed by the ongoing COVID-19 pandemic. In May the government said that it had designated solar PV manufacturing, as well as advanced battery manufacture as ‘Champion Sectors’ of national self-reliance and would be supporting both with incentives.

In addition, RK Singh also confirmed that an approved list of PV manufacturers for use in government-backed solar projects would be published in October this year, having been pushed back from the original date of April following the onset of the pandemic.

While expected, the news will come as a blow to Chinese inverter manufacturers which have come to dominate India’s rooftop solar inverter market, as research compiled by JMK Research & Analytics showed earlier this year.

Source : – https://www.pv-tech.org/news/india-outlines-20-customs-duty-on-solar-modules-cells-and-inverters-from-au

0

PREVIOUS POSTSPage 1 of 4NO NEW POSTS
Start
Get An Instant Quote !
Hello 👋
Want an instant quote ?