Ali Imran Naqvi, Vice President of India-based advisory and engineering firm, Gensol Group, discusses the tight-rope walk that Indian solar developers are risking with their most recent low bids in the state of Gujarat.
While India’s solar market is still heavily weighted on the lowest possible costs, the price difference between monocrystalline and polycrystalline PV module technologies is beginning to fade. PV Tech caught up with major module suppliers at the REI Expo in Greater Noida, India, to discuss the future of Mono in this heavyweight global market.
Ali Imran Naqvi, Vice President of India-based advisory and engineering firm, Gensol Group, explains why harm stemming from the Indian government's safeguard duty on solar cell and module imports might not be too pronounced nor too long-lived.
Indian solar tariffs have matched their lowest ever in the most recent 2GW and 3GW auctions for Interstate Transmission System (ISTS)-connected projects. Payal Saxena and Ali Imran Naqvi of advisory and engineering firm Gensol Group, decipher how such low prices are possible.
The deadline for developers to complete their allocations and encash bank guarantees under a 500MW residential and non-profit rooftops solar tender in India has been extended from 31 March to 30 June this year.
India recently proposed a new strategy of supporting its domestic solar manufacturers by allocating 7.5GW of local content tenders to Central Public Sector Undertakings (CPSUs), but analysts have identified a number of limitations.