ALL >> Environment >> View Article
How Can India Become Globally Competitive In Solar Module Manufacturing
Total Articles: 19
India has come a long way gaining global acknowledgment as one of the major solar player. According to solar consultant in India as of now, our country has almost 12 GW of cumulative solar energy generation capacity, with 14 GW under construction and 6 GW to be auctioned. Considering the fact that India has doubled its capacity in a short span of time (5 GW in 2015 to 12 GW in 2017), the huge milestone of reaching 100 GW by 2022 seems probable with private players and Government coming into an association. Without a doubt, Indian market is screening an incredible growth rate, but we are still nowhere near the foreign countries like China or US that already dominate huge parts of the solar product supply chain globally. And it is important to compete with these countries to claim a larger part of the industry to initiate socio-economic reform in the country.
A fundamentally competitive manufacturing sector needs a prosperous ecological system, right to use the latest technologies, efficient infrastructure and low cost capital. All these are really difficult to put into practice but strong domestic demand and a committed government can make a big difference. Meanwhile, the government also needs to come up with several policies to boost large scale solar product manufacturing in the country.
Moreover it is also expected from the handful of serious big players to take initiative and make significant investment to exploit the opportunity and also to boost the morale of other upcoming manufacturers in the field
Today solar product manufacturer in India are facing competition with countries like China, US, Canada. These countries are backed by decade long industrial growth and have established their roots into manufacturing solar products. They can mass produce solar components thereby controlling the price of the products. In many solar conferences in India the competition is always discussed and the only way we can face the competition id through manufacturing only.
To promote the solar manufacturing products in India and helping the domestic manufacturing units to grow and become self contained, Indian Government opted to impose DCR. And although, WTO didn’t support it much, Government has done a great job keeping DCR quota for Government based energy development projects. Besides that, Policies on- easy financing, ‘Solar Park’ development, offers of long term loans, net metering, viability gap funding, compulsory solar installation in Government buildings, and initiatives like International Solar Alliance and Make in India have boosted the morale of the solar product manufacturers in India to find a better position in the industry.
Although, support from government and private agencies is being made, there are many challenges ahead that need to be handled. Few challenges are:
Fewer flexible incentives and financing options.
Slow net metering implementation time frame
Delay in new manufacturing policy implementation.
lack of training in solar panel installation
To make India globally competitive, Indian solar industry needs to develop a concrete and effective policy framework to support solar product manufacturing in India.
Solar energy is the most compelling alternative source of energy. There is no doubt solar power holds the strong market potential and it will become a clear alternative for mainstream energy required for our daily uses.
Join SeT platform and be part of this global transofrmation...
Hop onto http://www.solaretribe.com/
Environment Articles1. Tips To Save Money While Working With Junk Removal Service
Author: Dave Kocemba
2. An Impressive Technology To Reduce Waste At Your Commercial Places
Author: Digital marketing manager and content writer
3. Sustain Life With The Waste Management Of Bluestream
Author: Aastha Kapoor
5. Complete Weddings + Events Hyderabad Best Photography, Dj, Video And Photo - Crazy Events
6. Why Now Is The Best Time To Go Solar?
Author: Ryan Armstrong
7. Different Types Of Ventilation Systems
Author: Paul Adam
8. Recording Studios In Hyderabad - Music Recording Studio - Multai
9. Simple Ways To Maintain A Healthy Lawn In The Summer Season
Author: Nelson Smitty
10. Summer Flowers And Wine Pairing
Author: Anuj Tyagi
11. Activated Alumina Fluoride Removal.
12. 3 Things To Consider When Installing Tier 1 Solar Panels
Author: Jecob Thompson
13. How Are Vacuum Pumps In Lethbridge Used
Author: Jacob James
14. The Best Wildlife Control Services In Morris County
15. Does Environment & 3d Printing Goes Hand In Hand
Author: 3D Spectra Technologies LLP