Chinese imports edge out domestic solar players

- Advertisement -

The National Solar Mission may have set a target of 20 million m2 (metre square) solar thermal capacity with ‘Make in India’ panels, but the government’s proposed incentives package has left this segment of the domestic solar industry out in the cold even though it is getting swamped by cheaper Chinese imports.

Image for representational purpose only

The renewable energy ministry has proposed a slew of incentives only for domestic solar PV (photovoltaic) industry, ignoring the fact that solar thermal sector — once the only 100% indigenised solar technology — has lost 60% market share to cheaper supplies from Chinese companies.

Solar Thermal Federation of India (STFI) estimates India’s annual solar thermal market to be of nearly one million m2, valued at Rs 1,000 crore. Except a few big players such as Tata Power Solar, solar thermal manufacturers are largely in the small or medium scale segment and provide about one lakh jobs. In contrast, solar PV units are either promoted or have connections with projects of large energy market players riding on the government’s target of 100 GW (giga watt) solar power capacity by 2022, providing some four lakh employment opportunities.

- Advertisement -

The government is considering imposing 70% safeguard duty to protect the domestic solar PV industry but has ignored the solar thermal industry’s demand for similar protection. STFI’s demand for setting up quality testing facility for imported units or components has also not evoked any response.

This runs contrary to the government’s aim of promoting green energy as part of its climate mitigation commitments. Solar thermal plants –earlier based on flat panels but now using tubular technology — are considered more efficient than solar PV (photovoltaic) cells used for generating electricity, with every one million m2 of installed solar thermal capacity estimated to save peak load of 10 GW.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

“Capitalise On ‘China Plus Two,’ Where Products With Higher Value Addition Become The Focus”

0
EPIC Foundation aims to transform India into an electronics hardware product nation by collaborating with governments, universities, design houses, and startups. In a conversation...

Buzz

Ultraviolette Aims For European And Middle Eastern Expansion

0
Niraj Rajmohan, Co-Founder and CTO of Ultraviolette stated that 2024 is set to mark the company’s foray into international markets while simultaneously strengthening its...

Chargeup’s Goal: 25,000 Drivers In 17 Cities By 2025, Prioritizing Smaller Cities

0
Chargeup, the forefront battery financing and comprehensive EV asset management platform in India, is on a mission to integrate 100,000 drivers within the upcoming...

Ampere Nexus, Electric Scooter Launching April 30th

0
Greaves Electric Mobility’s Nexus, having recently traversed the distance from Kashmir to Kanyakumari, is set to be the brand’s inaugural luxury electric scooter and...

Important Sectors

Exploring India’s Limited Selection: Just Six Robust Hybrids Priced Under ₹ 5 Million

0
As the United States passenger car market embraces hybrid vehicles, India’s car market is teeming with benefits and convenience for consumers. Yet, within the...

Top 10 Selling Electric Cars In The World

0
In the list of top 10 selling electric cars in the world, it seems to be a tight race between China’s BYD and the...

Ultraviolette Aims For European And Middle Eastern Expansion

0
Niraj Rajmohan, Co-Founder and CTO of Ultraviolette stated that 2024 is set to mark the company’s foray into international markets while simultaneously strengthening its...

Ampere Nexus, Electric Scooter Launching April 30th

0
Greaves Electric Mobility’s Nexus, having recently traversed the distance from Kashmir to Kanyakumari, is set to be the brand’s inaugural luxury electric scooter and...

Ford Investes In Expanding EV Software Capabilities At Chennai Hub

0
Ford Business Solutions India, presently with a staff of 12,000, is poised to expand by an additional 3,000 employees. Ford, recognized for its efforts...

Manufacturing

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...