"Sunshine Industry: Future of Solar PV Manufacturing"

"Sunshine Industry: Future of Solar PV Manufacturing"

Solar remains the fastest growing renewable energy, from 1992 to 2023 the worldwide usage of Solar photovoltaics (PV) increased exponentially. it evolved from a niche market of small-scaleapplications to a mainstream electricity source. The Solar watt per capita has reached to 108 watts in 2021 against 83 watts in 2019.

 

Solar PV technology is continuously evolving. Poly-crystalline, which was the mainstay just a few years back, is already obsolete. Currently, designs for all existing and proposed manufacturing lines are for mono passivation emitter rear contact cells (PERC). This continuous technology shift highlights the need for manufacturers to plan carefully while designing their PV lines to accommodate all future scenarios. Hence, all current mono-PERC line designs can easily upgrade to other upcoming technologies, such as Tunnel Oxide Passivated Contact (TOPCon) or Hetero Junction Technology (HJT).

 

Global solar PV manufacturing capacity is growing exponentially with cumulative name plate capacity 640 GW in 2022 China’s share in all the manufacturing stages of solar panels (such as polysilicon, ingots, wafers, cells and modules) exceeds 80%. In addition, the Chaina country is home to the world’s 10 top suppliers of solar PV manufacturing equipment. China has been instrumental in bringing down costs worldwide for solar PV. India's production-linked incentive (PLI) scheme and the US Inflation Reduction Act (IRA) have led to a surge in new solar manufacturing projects. Between November 2022 and May 2023, more than 120% of such projects were announced, potentially creating national supply chains with more than 20 GW of capacity in each region.

 

The Indian Solar Photovoltaic (PV) manufacturing industry is also growing by leaps and bounds, with frequent announcements of expansion for new investments in the sector. "India's cumulative solar PV module manufacturing name plate capacity more than doubled from 18 GW in march 2022 to 38GW in March 2023 and is expected to reach approximately 110 GW by the end of the calendar year 2026,"

 

“The production-linked incentive (PLI) scheme is one of the primary catalysts spurring the growth of the entire PV manufacturing ecosystem in India,” . In September 2022, the Cabinet approved a Rs 19,500-crore production linked incentive (PLI) scheme on 'national programme on high efficiency solar PV modules' with an aim to attract Rs 94,000 crore investment in the sector. The increase of infrastructure in all stages of PV manufacturing, from silicon to modules, it will also lead to the simultaneous development of a market for PV ancillary components, such as glass, Ethylene Vinyl Acetate (EVA), and back sheets.” The PLI scheme under tranche 1 and tranche 2 has been allotted to more than 13 manufacturers and expected to operational in next two years .manuf-report-apr23.png.jpeg

Comments

Post a Comment

Popular posts from this blog

Green Hydrogen to steer Indian Economy

Image
  Green Hydrogen to steer Indian Economy Green hydrogen is critical to India’s economic development and net zero ambitions. India is planning a massive expansion of green hydrogen production to control its dependence on energy  imports and to halt the economy off fossil fuels.  The recent floods, earthquakes and erratic rainfall are evidence of the unpredictable damages to human lives, businesses, and private and public properties. India has taken an ardent strategy to move away from dependence on fossil fuels to renewable sources progressively. Economic activities adhering to cleaner sources of energy would have a positive impact on protecting the environment and minimising havoc created by climate changes. India is one of the global leader who paid attention to climate change and has taken ambitious pro-active steps. Green hydrogen is widely expected to play a major role in decarbonising heavy industries, including oil refineries, steel mills and fertiliser plants. Indi...
Read more

Unprecedented Heatwave Shatters Records - Climate Crisis Escalates

Image
  Unprecedented Heatwave Shatters Records - Climate Crisis Escalates We are facing an alarming situation that demands immediate attention. ERA5, the EU-funded Copernicus Climate Change Service (C3S), has issued a dire warning: the world is undergoing an unprecedented climate crisis. The first three weeks of July have shattered all records, emerging as the hottest three-week period in history. But this alarming trend doesn't stop there – the entire month is set to become the hottest July and the hottest month ever recorded.  These extreme temperatures have plunged vast regions into the throes of heatwaves, wreaking havoc across North America, Asia (including China and India), and Europe. Wildfires have ravaged countries like Canada and Greece, causing severe damage to our environment, economies, and the health of millions. For North America, Asia, Africa, and Europe, this summer has turned cruel, and for our planet, it's an unfolding disaster. What's more, this crisis is ...
Read more