May 27, 2021
India is targeting about 450 Gigawatt (GW) of installed renewable energy capacity by 2030 and, of that, a lion’s share – 280 GW (over 60%)–would come from solar. For the next 10 years, around 25 GW of solar energy capacity is needed to be installed every year, to ensure the sun continues to shine over the country’s sunrise sector.
The target also means India needs to manoeuvre global supply chain issues, irrespective of geopolitical realities and mining concerns, impacting the producers of major minerals required in the solar industry.
The Indian solar industry relies heavily on imports of important components such as solar cells, modules and solar inverters. Every year, the industry ends up spending billions on imports. According to the Indian government’s data, in 2019-20, India imported solar wafers, cells, modules and inverters worth $ 2.5 billion.
In charts: India needs a robust solar power policy to meet its renewable energy targets by 2030
Since the country doesn’t manufacture enough solar modules domestically, it will have to spend billions of dollars over the years to import them. Representational image. | Sam Panthaky/ AFP
India is targeting about 450 gigawatts of installed renewable energy capacity by 2030 and, of that, a lion’s share – 280 GW (over 60%) – would come from solar. For the next 10 years, around 25 GW of solar energy capacity is needed to be installed every year, to ensure the sun continues to shine over the country’s sunrise sector.
The target also means India needs to manoeuvre global supply chain issues, irrespective of geopolitical realities and mining concerns, impacting the producers of major minerals required in the solar industry.
SIAM to host 13th edition of Lecture series on Electric Vehicles
SIAM to host 13th edition of Lecture series on Electric Vehicles
MUMBAI, May 19: Auto industry Apex body Society of Indian Automobile Manufacturers (SIAM), is hosting its 13th Lecture under the aegis of SIAM’s Lecture series 2021 on Electric Vehicles in India: On-Road Safety, Operations & Maintenance on May 21 on a virtual platform.
This is in continuation with the recently organized 12th Lecture by SIAM on ‘Hybrid & Electric Vehicles in India: Development, Testing & Homologation’ in April this year under the aegis of twin lecture series on xEvs in India.
The lecture will witness in-depth presentations by industry experts on the aforementioned theme. The panel would comprise of Mr Karthick Athmanathan, Professor, IIT Madras, Mr Abhijit Mulay, General Manager, Automotive Research Association of India (ARAI), Mr Pradeep Kumar, Vice President & Head (Customer Care), Ather Energy, Mr Awadhesh Jha, Vice President,