India’s Cumulative Installed Capacity Of PV Is Only 3.9GW, And The 2022 Target Is Difficult To Achieve

2021-04-01 17:29
According to the latest data from the Ministry of Electricity of India, as of February 28, India’s cumulative solar installed capacity was 3.9 GW, accounting for 10% of the country’s total photovoltaic grid-connected capacity.

On March 8, 2021, the Energy Standing Committee pointed out in the "2021-2022 Ministry of New Energy and Renewable Energy Grant Demand Report" submitted to the parliament that the committee’s opinion of the Ministry of New Energy and Renewable Energy (MNRE) solar mounting system. The weak performance of the program is concerned. Compared with the 100GW solar mounting capacity target in 2022, as of February 28, 2021, India's total installed capacity is only 3.9GW, that is to say, the target completion rate is even less than 10%.

India’s Cumulative Installed Capacity Of PV Is Only 3.9GW, And The 2022 Target Is Difficult To Achieve
 
Although India will only add 3.9 GW of photovoltaic power before February 28, 2021, India has already accumulated 47.5 GW of large-scale photovoltaic power plant plans in the power pipeline, of which 24.5 GW has been tendered in Q4 2020, and the Indian photovoltaic market is accumulating Ready to go. This is a huge development opportunity and challenge for solar mounting structure manufacturers like CHIKO Solar!
 
India’s Ministry of New Energy and Renewable Energy (MNRE) announced that the solar energy target is to reach 100 GW by 2022, of which the project’s installed capacity will reach 40 GW and the household installed capacity will reach 4 GW. In order to achieve this goal in 2019, the President of India has approved 118.14 billion rupees (about 1.66 billion US dollars) in fiscal expenditures for the implementation of the second phase of the grid-connected solar energy plan.
 
The state with the largest solar installed capacity in India is Gujarat with 942 MW, followed by Maharashtra (694 MW) and Rajasthan (419 MW).
 
According to a report by Mercom India Research, a clean energy research organization, India’s new installed photovoltaic capacity in 2020 is only 3.2 GW, a decrease of 56% compared with 7.346 GW in 2019. As of December 2020, India’s cumulative installed solar capacity The capacity is 39 GW. The Indian Energy Standing Committee believes that the goal of 40 GW of solar installed capacity in 2022 proposed by the Ministry of New Energy and Renewable Energy of India may be difficult to achieve.
 
"It has been observed that solar bracket are not attractive to consumers due to the time-consuming and complicated installation process, as well as delays in granting subsidies." Given the performance of MNRE in this field so far, according to the current rate of progress, 2022 The possibility of achieving the 100GW solar panel support target annually is very small. One of the main reasons for such slow progress is the lack of public awareness of this plan.
 
In view of the weak performance, the Energy Standing Committee recommends: 1. MNRE should widely publicize the benefits of solar mounts on the power system in local print and electronic media, in addition to incentives provided by the government for this purpose, so as to raise public awareness.
 
2.A single window customs clearance system should be arranged in the first stage, and this system should be put in place at all regional headquarters in All India, so as to provide customers with assistance/services/information and facilitate customers to install photovoltaic mounting systems in a barrier-free manner.
 
3.The above-mentioned single window clearing system should be used to make the subsidy payment process transparent, simple and fast. It is best to develop a digital platform for this purpose to reduce the interpersonal interface in the process.
 
The committee also expressed concern that MNRE has been unable to achieve its actual annual targets. Compared with the grid-connected renewable energy targets of 15355MW in 2018-2019 and 11852MW in 2019-2020, MNRE only achieved 8195.52MW and 8761.26MW respectively. 
 
The gap ratio in recent years is about 45% and 26%. Similarly, from 2020 to 2021 (as of January 2021), the installed capacity is 5473.08MW, and the target is 12380MW.
 
The committee believes that because it has been unable to meet the specified actual annual target, it may be difficult for MNRE to achieve the 2022 target of 175GW.
 
Regardless of the size of India’s plan, the size of the cowhide and the amount of moisture, the government once gave the global photovoltaic industry a big pie for China, and the expectations it brought to India’s photovoltaic manufacturing, even if in the end, India’s consistent style "normally failed to materialize." After a few discounts, the industry still has expectations. Therefore, some reports believe that India is likely to become the fourth major photovoltaic market after China, the United States and Europe in 2021, with new installed capacity expected to exceed 10GW, and India’s new photovoltaic capacity may even reach a new high in 2022.、

CHIKO solar more efficient and flexible solar mounting system solution waiting for you here!  Contact Us !
Chiko solar
Above news from CHIKO Sales & Marketing department
Add: No 680 Xingwen Rd. Jiading dist. Shanghai 201801 China          
Email: Chiko@Chikolar.com
Website: http://www.chikolar.com                                                                     Fax : +86 (21)59972938
Phone: +86(21) 59972267 59973712 59973713--811