123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Environment >> View Article

How Can India Become Globally Competitive In Solar Module Manufacturing

By Author: Reek
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/

Total Views: 109Word Count: 542See All articles From Author

Environment Articles

1. A Brief Note On Importance Of Pest Control Services
Author: Angela William

2. Get Influential App Ad-free Vero App To Widen Your Social Circle
Author: Vero App

3. Strategies For Improving Indoor Air Quality
Author: David Bowie

4. The Alternative To Pollution - Sustainable Power
Author: Kiran

5. A Climate-friendly Promise By Sterlite
Author: Alanna Alberto

6. Summer Solstice : The Scientific Influence Of The Longest Day Of The Year
Author: Rgyan

7. Healthy Environment For Self-confidence
Author: Kiran

8. Restop To Discuss Successful Innovations To Manage Human Waste At Sustainable Summits Conference
Author: 1888pressrelease

9. Essential Oil Uses That Helps To Cure Cold Relief
Author: vrinda organics

10. Use Peddle Bins For A Cleaner Environment
Author: Chetan Rathod

11. Restop To Present On Environmentally-friendly Outdoor Sanitation At Overland Expo West
Author: 1888pressrelease

12. Effects Of Harmonics In Power System:
Author: Omprakash M

13. Some Important Steps Taken By The Industries To Manage The Electronic Waste
Author: Pankaj Kumar

14. Brief Relief To Showcase Personal Lavatory Systems At Windpower Expo 2018
Author: 1888pressrelease

15. External And Internal Structure Of Earth
Author: Arun Mohan

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: