Bifacial modules and solar trackers to attract the solar market

NewEnergie, in collaboration with SAT Controls d.o.o., Slovenia, EU, have developed advanced solar tracking systems for solar PV power plants with assured long-term dependable performance.

Climate Change has already been declared a “Climate Crisis” by the UN, with +197 countries committing to reduce CO2 emissions and achieve carbon neutrality by 2050. The objective is to shift away from fossil fuels that presently power our homes and factories and transport people and products – and to clean and renewable energy and transportation, for example, solar power and electric vehicles.

India is committed to reducing carbon emissions by 1 billion tonnes by 2030 and achieving carbon neutrality by 2070. As the world’s third-largest energy consumer, India set ambitious renewable targets of 175GW by 2022 and is currently ranked as the fourth largest installed capacity of renewables at 160GW, having already met its NDC target of 41 per cent of power generating capacity from non-fossil fuel sources (primarily hydropower, 32 per cent, wind, and the fastest growing segment, solar, 35 per cent).

The renewables target is further expanded to 500GW by 2030, making this the largest renewables expansion plan of any country in the world – which reflects the ambitions of progressive and proven leadership to ensure a sustainable environment for its citizens and the world.

The grand scale of commitment offers tremendous potential foreconomic growth, and the launch of the Atmanirbhar Bharat initiative is expected to drive one of the most significant transitions in industrial history, with an increasing focus on localising manufacturing to become a self-reliant nation.

The FY22 witnessed India’s cumulative installations cross the 50GW milestone, with solar contributing more than 60 per cent of all new generating capacity (end 2021), with 85 per cent from the utility segment and the balance from the rooftop solar segment, leaving much to be desired towards achieving the 2022 year-end target of 100GW. This reflects the vast and untapped market potential and internal demand. The shortfall has been due to several challenges, from policy uncertainties to supply chain limitations and the impact of shutdowns due to COVID, which are still prevalent.

Advertising