Policy uncertainty for India to achieve 100 gw of solar energy development

Solar photovoltaic net news: according to the research and consulting firm Wood Mackenzie, expects to the end of March 2022, India will not be able to achieve the goal of 100 gigawatts of solar power generation capacity.

according to the report, released Wood Mackenzie, India's current regulatory framework does not support the government's vision of a short-term ability goal. The company pointed out that although the project implementation costs fell sharply and the rate decreased, but due to some policy of the government, outlook is still unclear.

Mackenzie, points out that in from China and other Asian countries impose tariffs on imports of solar cells and components, and according to the goods and services tax a tax system that will be achieve 100 slips of restraining factors.

these policy changes led to a number of large-scale tendering to cancel or delay. When the bid rate is relatively high, several states, and even the central institutions have chosen to cancel the auction. Therefore, the project developers have lost thousands of megawatts of project.

new energy and renewable energy, according to a report by the end of October 2018, the country a total of 24 gigawatts of solar power generation capacity. In addition, 13. 8 gw capacity at different stages of development, and the other 22. Has the tender, 8000 megawatts of capacity. In the installation or pipe to the total solar energy capacity of nearly 61000 megawatts.

to march in 2022 to 100000 megawatts of target, the Indian government plans to all the auction will be completed before 2020. Therefore, the government is about in the next years completed 40 gigawatts of bidding.

the central government has recognized that large tender and represent a greater risk of failure, therefore turned to a relatively small but more number of bidding, to ensure that the project developer competition and more participation.

in addition, some Indian states have already announced the active solar photovoltaic (pv) policy, the policy may be have more tender in the next few months, because they hope to fulfill its obligations to its renewable purchase. So, to sum up, India missed its target is not surprising that 100 gigawatts of solar energy, but if effective measures, gap may be much smaller.

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