In fiscal year 2021-22, the importation of photovoltaic solar cells and modules was valued at around $ 4.5 billion. This has fallen to $ 2.5 billion in fiscal year 2024-25 until December 2024. Therefore, several tasks of policy measures by the government have resulted in the reduction of imports of cells and PV solar modules; The exemption of customs duty on specific goods for the manufacture of cells and solar modules could help further reduce imports, the Ministry of New and Renewable Energy to Parliament recently said.
The photovoltaic solar module installed and the cell manufacturing capacity in the country, since on March 27, was 74 GW and 25 GW, respectively. The cells are used in the manufacture of modules.
Between the first and the second
China is great. Just look at the fixed distance the first and second range of the holes in wind energy facilities in 2024!
While India remained in the top five, Brazil beat Spain to enter the club ‘Top Five’. In total, 117 GW or wind capacity, installed was installed in 2024.
The Global Wind Energy Council expects annual wind facilities to increase up to 194 GW in 2030.
According to GWEC, 2024 was a record year for auctions on the high seas, with 56.3 GW or wind capacity on the high seas that is granted worldwide. Europe led the way, with 23.2 GW granted, followed by China with 17.4 GW.
Jharkhand gives an example
Jharkhand has announced that he would sacrifice a feeding rate (adjustment) for small solar plants (less than 10 MW). FIT is a fixed tariff approved by the Electricity Regulatory Commission of a State, unlike the tariffs determined through the tender.
Little plant developers go at the forefront, since they cannot compete with large tariffs; Therefore, there is no practical market for small project developers. Fit for Small Plants has a long data demand.
Jharkhand waits about 1,000 MW of solar capacity in approximately five years, Mikesh Prasad, an electrical executive engineer, Jharkhand, Urja Sagaran Nigam, told journalists to attend a recent workshop organized in Ranchi by Earth Journalism Network.
Posted on April 27, 2025