Developers to increase 1. 7 gw solar India's slowing growth in the first quarter

Solar photovoltaic (pv) net news: according to Mercom India Research the latest statistics, the country's solar installation size in 2019 fell 49% year-on-year in the first three months; And the number of roof photovoltaic products sharply reduce, because installer is difficult to get project approval before India's election.

Mercom India Research in its latest report in the first quarter of 2019 the Indian solar market the latest data are given: 1 have been added to India in the first quarter. 74 gigawatts of photovoltaic power generation capacity, 3 than the same period last year. 4 gw has fallen by 49%, but an increase of 4% in the fourth quarter of 2018.

in the first quarter of the whole solar energy accounted for 32% of all new capacity, the total installed capacity reached 30 gw at the end of march. Photovoltaic roof installed capacity reached 3. From January to March 5 gw, accounting for 15% of the new solar energy, during the roof photovoltaic device after four consecutive quarter of growth, the annual fell 33% year on year.

many installer can't before a general election in May end to get the approval from the roof project. Though rooftop solar photovoltaic capacity accounted for only 12%, but the set of 40 gigawatts by 2022 photovoltaic roof development goals only achieved 9%.

　　“ Because of the election, the Indian solar market activities generally is restrained, & throughout; Mercom Capital Group chief executive officer Raj said Prabhu, & other; During the election for demonstration code of conduct, auctions have also been stopped. Roof facilities especially affected. ”

however, Mercom India Research roof device market is expected to rebound in the second half of the year. It thinks the roof photovoltaic field potential is tremendous, but noted that still need more appropriate financing mechanisms to support growth, because in recent quarters bank lending will become more and more weak. The problems associated with net metering on the rooftop photovoltaic market growth.

　　“ We hope the government can be implemented in a longer period of larger, more confident renewable energy targets, & throughout; Prabhu said, & other; Although the short-term challenges still exist, but after the election, the Indian solar market will be more bright future. ”

price ceiling has emerged, and government agencies to cancel auction after announce the winner. The quarter of more than 800 megawatts of solar auction cancelled, this off some developers. Other problems, such as (Gunnar ( Telangana） And the state of andhra pradesh ( 安得拉邦) Such as delay of payment, remains unresolved.

at the same time, the domestic photovoltaic modules over the past eight months of rising demand, for domestic manufacturers have benefited from protective tariffs. But Mercom said that this support will begin from July, when tariffs will be dropped to 20%, adding that this effect is still unclear. That is, the larger suppliers will still by cutting prices to sell panel.

there are offices in new Delhi, bangalore and Mercom, the country is expected to install this year about 9 gigawatts of photovoltaic power generation capacity. To the end of the first quarter, the channels of large-scale solar projects total capacity reached 19. 4 gw, 31. 7 gw in the bidding and auction.

Mercom is expected by the end of 2022 Indian installed capacity will reach 71 gw, less than 100 gw target in official government nearly thirty percent. However, the research company still think that if make the right policies, this goal is expected to achieve.

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