India's solar electricity prices are expected to decline further

Solar photovoltaic net news: recently, the Indian media, according to the analysis of photovoltaic (pv) grid, India solar electricity prices are expected to decline further. Last week, India's solar energy company ( SECI) Auction 2 gw of solar projects, solar power, solar electricity prices hit a 2. 36 rupees per kWh historically low prices, broke the SECI auction in July 2018 the lowest price 2. 44 rupees per kWh. And, have received more than 5000 megawatts of bidding, the tender attracted Solarpack from Spain, Italy's Enel Green Power AMP and Canada developers Energy international developers, such as solar Power network in China, India pv market confidence.

consulting firm Bridge to India said in a report & other; Despite the rupee, goods and services tax rates rise, the market dynamics and tremendous changes have taken place in bidding parameters, but most of the costs have been falling. ” BTI in report further pointed out that India's setbacks over the past few years, has brought more specification for photovoltaic industry, attracted a lot of new players to join the competition, so in the next few months, pv electricity prices fall further, China solar power network, it is not surprising.

CrisilResearch research institutions in India say: & other; New crown virus from weak demand, leading to photovoltaic modules prices fall, and component price is expected to last fall. ” The excess supply, the company said the photovoltaic industry and the impact of falling global demand, predicts the end of the 2021 fiscal year, the component price will be from the current 0. $17 / wp further dropped to zero. $16 / wp, China solar power network, this will help to reduce the installation cost.

solar photovoltaic network statement: this information is reproduced from the power grid cooperation media or other Internet website, solar photovoltaic network published the article for the purpose of the information, does not mean that agree with his point of view or confirm its description. The article content is for reference only.

this paper statistics the September to today issued a total of 2. 85 gw pv power plant EPC and 1. 9 gw component bid opening information. Among them, the EPC project owner units is given priority to with soe/state, this also reflected from the side, in project bidding and parity, the state-owned enterprises have become the absolute main force. Specifically, CGNPC in development of 410 mw, 603 mw, guangzhou energy saving 220 mw, 345 mw, jin can group the people vote for 200 mw, 190 mw hubei energy group, huaneng power 180 mw