We are setting up a manufacturing unit in India
To cater to the growing markets in India, Sunil Badesra, Business Head, Sungrow is all set to expand the company's capacity from its present 1 GW to 3 GW by 2020, which will be streamlined in the third quarter.
Solar sector to show spiralling growth in India
By 2022, about 175 GW installed capacity of renewable energy is to be achieved, which includes 100 GW from solar power. India will turn into a renewable energy hub by achieving this target.
In Need of Back-Up
In June 2018, the government has revised the targets for 2022 to increase the solar power capacity to 113 GW from the earlier set 100 GW. Though the industry has the capability to meet this, it is fighting policy-level challenges.
18% GST will hit PPPs that are already signed
Pushed by factors like declining tariffs and higher costs, significant changes have happened over the past decade in the engineering, procurement and construction (EPC) sector pertaining to the solar power industry, says Sunil Rathi, Director, Waaree Energies.
Picking up pace with technological changes
Power electronics started with the development of the mercury arc rectifier. Invented by Peter Cooper Hewitt in 1902, it was used to convert alternating current (AC) into direct current (DC).
Energy from sun is abundant and the sun will continue to shine for billions of years to come. While the solar energy is inexhaustible and renewable, its irradiance is environment-friendly. The solar power system does not emit toxic gases, which are environmentally damaging.
Stakeholders deliberate on solar energy roadmap
More than 100 stakeholders in the solar segment converged in New Delhi to deliberate on India’s renewable energy roadmap and showcased latest technologies in the segment catering to households.