Report charts course to possible 145GW of solar in India

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email

Solar energy in India now has the potential to become a viable alternative to fossil fuels, according to a report by manufacturer and developer, Tata Power Solar, and solar analyst, Bridge to India.

The report estimates that up to 145GW of solar – or 13% of India’s energy generation – can be deployed in the next ten years as solar becomes increasingly competitive with expensive fossil fuels and as long as the country follows the most appropriate strategies.

The report, ‘How should India drive its solar transformation? Beehives or Elephants’, analyses the pros and cons of mega-utility, to commercial and residential rooftop solar generation, aiming to identify the best route for solar deployment in India.

It compared four scenarios for India’s solar future, driven by ultra-mega projects – solar ‘elephants’ – utility scale projects – ‘horses’ – large rooftops – ‘pigeons’ – or residential rooftops – solar bees.

Across the different types of systems, the report said the realisable capacity over the next 10 years was 100 to 145GW.

The report said the levelised cost of energy (LCOE) for imported coal is now level with large-scale solar generation in India.

Comparing different scenarios for various sizes of solar installations across India, the report also predicts solar prices will drop a further 4% by 2024, while coal imports are expected to rise by 12%, and domestic coal prices are to increase by 7%.

Solar will achieve parity with domestic coal in 2019, and storage technology will be cost competitive with imported coal by 2017.

The report also proposed looking at the ‘landed cost of power’ – or LCOP – as opposed to LCOE to better judge the prices preferred by energy customers. This measures the cost at the point of consumption, as well as generation, to factor in grid balancing and upgrading costs, to smart meters and theft.

The estimated difference between LCOE and LCOP is as high as INR2 per kWh for utility solar and INR0.2 for rooftop. 

Utility-scale solar already has an average price of INR6.6 per kWh, and a landed cost of INR8.4 per kWh – level with imported coal.

Rooftop solar is best in terms of costs in the long term, according to the report, with a levelised generation cost of INR6.6 per kWh and a landed cost of INR6.7 per kWh, by 2024.

Smaller systems will also create more jobs, the report concludes.

Tobias Engelmeier, managing director of Bridge to India, said for smaller rooftop systems, there is more work needed in “creating a market, which relies on reliable policies, like net metering, or creating consumer finance options”.

Engelmeier said larger scale solar projects had been easier to execute because the government can provide support directly. But for the small-scale market, a more long-term, sustainable market, “the government needs to create the right ecosystem for it”, he added.

An ecosystem can be created “through having more professional sales structures, installation companies and financing mechanisms”. This development would allow for cost reductions in the rooftop sector, he said.

Ajay Goel, CEO of Tata Power Solar, said he hoped the report would “trigger a robust dialogue on the subject.”

19 August 2021
The utility-scale PV market is poised for exponential growth and yet the industry still has many fundamental opportunities to improve on standards and best practice. Tracker shade loss has been one of those topics that deserve more attention, but has been typically handled by derate factors rather than trying to accurately forecast the loss over the life of the system. Join Nextracker’s subject matter experts, Aron Dobos and Neelesh Umachandran, and Rounak Kharait, director of solar energy assessments at DNV, for a webinar about why shade modeling matters and recommendations on what the solar industry should do about it.
25 August 2021
The Intersolar Summit Brasil Nordeste takes place in Fortaleza, Brazil. It addresses leading local and international experts on solar power and renewable energy in the region. The Summit’s mission is to provide in-depth education, enable high-quality networking opportunities, expand the use of PV technologies at regional and national level and strengthen the local PV industry. The Intersolar Summit Brasil Nordeste is organized by Intersolar South America - Latin America’s largest exhibition and conference for the solar industry: Solar Promotion International GmbH, Pforzheim, Freiburg Management and Marketing International GmbH (FMMI) and Aranda Eventos & Congressos Ltda, São Paulo as co-organizer.
25 August 2021
Join us to hear directly from the CTOs and heads-of-research from the top-20 cell/wafer producers to the PV industry today. The event will focus on predicting the key metrics underpinning the next big shift to n-type with answers to the key questions: When will the transition to n-type happen? Which companies will be first to 10 GW capacity and production? Who will be the key equipment suppliers for the new production lines? Which n-type process flow/architecture will emerge as the front-runner? What will polysilicon purity and wafer thickness levels look like for optimized n-type manufacturing? What will the upstream poly/wafer supply-chain look like in 5 years from now?
26 August 2021
In this webinar, JA Solar will present its product portfolio based on the latest technologies to improve your PV projects, ensuring maximum reliability and performance. During the webinar we will receive insight from JA Solar about its solar technology roadmap and how the manufacturer is providing customers with innovative solutions to suit their needs, while we will also analyse how to determine the best product solution for each solar project.
6 September 2021
The 38th European Photovoltaic Solar Energy Conference and Exhibition will be held online from 6 - 10 September 2021, allowing PV experts from all around the globe to participate with just one click! The EU PVSEC is the world's leading forum for PV Research and Development and the biggest Conference on PV Solar Energy worldwide. That is why PV experts from all around the globe are keen on gathering together each year to be part of this specialist’s event, to present and discuss the latest developments in Photovoltaics, to network and to conduct business.
7 September 2021
Intersolar Mexico sits at the cross-section of photovoltaics, solar heating & cooling technologies, and energy storage. The event serves as the industry’s go-to source for invaluable technology trends and premier B2B contacts in the promising Mexican solar market. In its second edition from September 7–9, 2021 Intersolar Mexico together with the co-located The GREEN Expo® and Aquatech Mexico will move to a new venue – Centro Citibanamex.

Read Next

August 4, 2021
Danish investment firm Copenhagen Infrastructure Partners has signed an agreement with Amp Energy to enable the addition of 1.7GWp of renewables projects in India.
August 4, 2021
Walmart will buy renewable energy credits from 23 community solar projects across New York State through an agreement with developer Nexamp.
August 4, 2021
Israeli independent power producer Enlight Renewable Energy has secured a deal to acquire a portfolio of solar projects in Spain with a combined capacity of 490MWdc.
August 4, 2021
SunPower was boosted by rising homeowner demand for its PV and storage solutions during Q2 as the US solar installer added 13,000 new customers, bringing its total residential install base to more than 376,000.
August 4, 2021
The Australian Energy Market Operator (AEMO) has published a series of planning and forecasting publications under the 2021 Inputs, Assumptions and Scenarios (IASR) report that present five different visions of Australia's future
PV Tech Premium
August 4, 2021
Shipping costs have increased substantially since COVID-19, with knock-on impacts on the solar industry. PV Tech spoke to industry insiders about what its means for the solar industry and when pressures might ease

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021