The customs duty, which add up to 10% of Solar Panels cost, would NOT be scrapped altogether as confirmed after a meeting between MNRE and the finance secretary (refer). This would mean that the presumptions, about decreasing price of solar, of many developers may not come true, based on which they may have quoted to their clients or PPAs signed.
However, those developers who have won auctions expecting the customs duty would be ‘protected’. That does not necessarily mean that the exemptions would be provided to them. It may be given in another form too which has not been specified. Of course, this would be for projects that have already been won and not the ones that follow.
What we can expect is the tariff of INR 2.44 to be a minimum point for solar tariffs, which would rise going further (at least for a while).
On the positive side, an increase in solar panel prices imported from outside India would make the Indian panels at par with foreign ones possibly pushing sales up for them considering a shorter fulfillment time.
Further, with Indian panel prices at par with foreign ones (post imposition), we may also see Make in India finally pick up with a possible change in scale of operations of Indian Module Manufacturers since they would be assured returns (demand based) as long as these duties are in place. Looking at it from a pure economic standpoint, this would be a definite boost to manufacturing of Solar Panels in India with expectations of achieving economies of scale in the sector.
Mumbai, December 5–7, 2017
MUMBAI/PFORZHEIM/FREIBURG, Intersolar India, a unique platform for the solar industry has been proudly associated with the Indian solar industry since 2009. The conference has been successfully providing a platform for all the stakeholders to meet, exchange information and ideas, discuss challenges and solutions and promoting the interest of the solar industry. In the Intersolar exhibition, domestic and global companies would exhibit their wares and solutions and reach out to new customers and to further bond with their existing customers.
The three days of exciting proceedings open on December 5, 2017 at the Bombay Exhibition Centre (BEC). Over 100 industry experts from Indian and global solar and energy storage industries and policymakers will share their insights. Over 500 delegates are expected to participate in the conference. This year’s exhibition is certified by the US Department of Commerce and has US and German pavilions besides an exclusive pavilion for Electrical Energy Storage. Approx. 260 domestic and foreign exhibitors are showcasing their latest products and solutions and over 12,000 national and international visitors are expected to visit and benefit from the event.
“Readily available” and “easy to use” is the selling point on fossil fuel. These power plants carried out by coal and mineral oil do not only cause heavy greenhouse gas emission, but sources became limited over the years and are non-renewable. Energy demands only by fossil fuel will not able to meet the energy demands of such a growing population.
|Rate of Increase Energy Consumption: 4.2% (refer)
Approximate coal consumption in recent years: 407 MTOE
Consumption of coal by India: 11% worldwide
Total coal reserves in India: Meagre 8% worldwide
Maharashtra State Net metering policy highlights
- Wants to setup a Solar Plant up to a maximum capacity of 1 MW (subject to Technical Constraints explained ahead)
- On Rooftop or any other Mounting Structure (Ground, Shed and Superstructures etc) in his premises
- to meet all or part of electricity requirement including Consumer catering to common load (Housing Society Community Halls, Pumping stations etc)
- Such System maybe owned by Consumer directly or by 3rd Party leasing such system (opening up the market to investors who will setup the power plant FREE to sell electricity to the consumer at a cost less than what Distribution Companies offer)
Capacity Limitation (Due to transformers)
The cumulative capacity of all solar plants connected to a Distribution Transformer (which is the closest grid transformer from which we receive electricity) should not exceed 40% of its capacity. The Distribution Company may allow for more after conducting a Detailed Load Flow Study,
The Distribution Company shall:
- Put on its website, the information of available capacity of Distribution Transformers within 3 months (10th Dec, 2015) of the notification (10th Sept, 2015)
- Update the capacity available quarterly within 1 month of ending of the quarter
First Come & First Serve
Since there are technical limitations set out in the policy for the maximum capacity of Solar plants that can be connected to the distribution transformer of the Electricity Distribution Company, the permission for Net Metering would be given on First Come, First Serve basis with a priority to already installed Solar Plants.
Duration of net metering agreement
After the approval for Net Metering, but before the commissioning of the system, the distribution company and the consumer would enter into a Net Metering Agreement for a duration of 20 years.
A professor in Valsad District of Gujarat installs 1kW Solar System on roof of his house
Dr. Uttam Patel is a professor in Vanraj Arts and commerce college. He wanted to source energy solar energy for his day to day requirement of electricity. So he posted his requirement on SolarConnect for a 1kW system on his house in Valsad, Gujarat.
Ezysolare team worked on the information provided by Dr. Patel and prepared Solar Energy Assessment Report and Plant Layout Designs for his Solar System.
Soon after this Dr. Patel got a call from Mr. Hiren Kabaria from Samvit Energy. Samvit Energy is a verified Solar System installation company registered on SolarConnect.
The duo discussed the requirement, negotiated on terms and conditions, and decided to work together to set up the 1kW Off-Grid Solar System on Dr. Patel’s house.
The world is a book and those who do not travel read only a page. So plan your next journey with the following Solar Gadgets to make your adventure more comfortable and memorable and fall in love with life all over again.
The Ministry Of New and Renewable Energy ( MNRE ) is implementing a Grid connected Rooftop and Solar Power Plant Programme. The Government has set a target of 40,000 MWp of grid interactive rooftop solar (RTS) PV plants by 2022. These RTS plants will be set up in residential, commercial, industrial, institutional, Government or PSU sectors ranging from 1kWp to 500kWp capacity.
Figure 1-Solar PV Installation Capacity
With rising solar photovoltaic based power development across the globe, there is more competition in the PV industry as manufacturing segment and downfall of various cost component that results in better deployment for solar manufacturing and price cut. Module Pricing Note describes the change in the pricing trends of the solar photovoltaic modules in various region i.e. Germany, East Asia, South east Asia, North East Asia as these market are highly demand oriented. In this analysis note solar PV module cost (INR/Wp) has been covered as Indian Solar Industry is moving with CAGR of 95.60% YoY since 2010 and expected to grow at the rate of 61.67% YoY in next 6 year. Presently, In solar industry, the most important thing which decides Cost-Benefit ratio of the project is the price of Modules. Instead there are so many other factors also, but the present focus is on modules since the cost of solar cells fluctuates at very higher rate as per the market or demand. The change in $ (share prices) value also effects the INR values and 85-88% of the installation are based on the imports from the off shore companies.
Cost Comparison Of Solar PV Projects over past 5 Financial Years
The cost of setting up a solar power project has reduced by 34.2% over the past 5 years. Lets have a look at the analysis and understand the several factors effecting the benchmark capital cost of setting up a solar power project for the year 2016-2017.