career in solar

 


Solar Energy Industry in India has achieved an impressive growth in the last few years , manly aided by a steep fall in the Per MW Capex requirements & possible low cost funding

In the recent bids per unit costs have come down to less than Rs 2.50 ( much less than cost from a new coal based power plant) Govt is committed to add almost 100 GW of solar power in the next 5 years

But things are not very rosy

  • The grid connected roof top systems have not added the planned capacity . People still feel the investments are high , not sure about the realisation of incentives being offered by Govt , not sure of getting money for surplus generation being pumped into the grid
  • The Panels/modules , almost 85 % , being imported from China / Taiwan etc. So indigenous manufacturers are in bad shape and enough jobs are not created
  • Profitable Industries are not investing in solar power for their captive reqmt or committing to buy from solar power sellers
  • Very aggressive /unviable quotes in recent tenders by the developers , poor financial health , banks vary of advancing loans for such projects

No Govt can afford to ignore Solar energy and I am sure Govt will find ways of accelerating the projects in this sector . More important , Govt has to find practical solutions to the problems raised above so that roof top / small industrial/commercial and large utility projects can be viable and sustainable. While this may take care of installation and usage , how do we ensure that domestic industry gets a fair share of the market ? The solution is not very easy - Chinese /Taiwanese companies work on massive volumes /economies of scale & good financial schemes backed by Govt . This requires a separate focussed approach.

The unfortunate thing about our country is we seem to always lag in Technology development , Economies of scale , Policy Eco-system for ensuring world class Productivity . The world is moving towards renewables dominated energy , Electric & autonomous cars etc as part of Ecologically sustainable Economies in which solar energy will be the key .

I sincerely hope our country will take the lead and establish the supremacy not only in usage but also in Technology development


Popular posts from this blog

E-commerce Trend on Real Estate

Image
  Future of eCommerce Platform in the Real estate sector Ecommerce has changed the face of many businesses in its way like clothing, fashion, consumer goods such as electronics, mobiles and video cameras. But what has caught the eye of many business owners today is how ecommerce is slowly but definitely changing the face of one of the biggest industries in the world.  Trend is both an opportunity and threat. Depending on which side of the coin you are, it will either benefit you or you will be victim of the new sunrise Industry. The E-commerce industry is witnessing never ending inflow of funds inspite of the fact that they continue to incur losses much beyond their net worth. The e-commerce business is impacting real estate industry differently in many ways. When it comes to housing market, the higher than average salary including encashment of stock options is fuelling either purchase or renting of houses.  Many retailers are repurposing their existing real estate by finding new uses
Read more