Climate Change Energy Efficiency Solar Energy Uncategorized

India needs to set up 15 GW of solar panel manufacturing capacity over 2-3 years: TERI

SOLAR INSTALLATION
Development of Solar Energy Sector

India should take up a full-utility chain of sunlight based assembling from polysilicon to modules in a staged way where 15 gigawatts (GW) limit could be focused more than a few years for assembling of cells and modules in any case, as indicated by The Energy and Resources Institute (TERI).

The NGO discharged an approach paper today titled “‘Solar PV Manufacturing in India: Silicon Ingot and Wafer – PV Cell – PV Module”. The administration ought to consider organizing PV assembling worth chain as a key industry and nearby assembling limit of 15 GW of ‘full worth chain Silicon Ingot to sun oriented modules’ ought to be operational at aggressive costs by 2024, the paper said.

For this, it recommends starting a Phased Manufacturing Program under the Make in India plan.

“It is conceivable to have indigenous sun-powered assembling office that conveys on the three of solid vitality get to, cost of supply, and neighborhood fabricating that can fulfill the need,” said Ajay Mathur, executive general, TERI.

The legislature should welcome offers for assembling of sunlight based boards with full worth expansion in India, alongside guaranteed deals for a long time, as indicated by Ajay Shankar, Distinguished Fellow, TERI. He included that the legislature ought to likewise give land, control supply and ecological leeway and create sun-powered assembling plants along the lines of SEZ.

Prime Minister Modi took the initiative of forming international Solar alliance with the France counterpart Francios Hollande on 30 November 2015. Now the ISA  is an alliance of 121 solar rich countries partially or majorly lying in the tropical zone. Many countries lying outside this tropical belt are also part of the organization. The ISA has the objective of mobilizing $1 trillion of investment by 2030.  

The Indian Solar Loan Program, upheld by the United Nations Environment Program has won the prestigious Energy Globe World honor for Sustainability for building up a consumer financing program for sunlight based home power frameworks.

Over the span of three years more than 16,000 solar home systems have been financed through 2,000 bank branches, particularly in rural areas of South India where the electricity grid does not yet extend.