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Make In India

NEXTracker To Set Up Manufacturing Facility In India

written by saurabh

US-based solar tracker manufacturer NEXTracker will have a manufacturing facility in India operational over the next six months in an attempt to grab a share in the rapidly expanding solar power market in the country.

NEXTracker will set up a manufacturing facility in the northern part of India over the next six months, NEXTracker Vice President Emerging Markets Nava Akkineni told media personnel recently. The company boasts 15-20% increase in efficiency in solar power generation following installation of its trackers.

The company has already signed deals and agreements with local firms to supply trackers for 1 gigawatts of solar power capacity. These orders are expected to be completed this year.

NEXTracker’s decision to set up a local manufacturing unit in India comes at the right time as the country’s solar power market is set for an exponential growth over the next few years. The company believes that the solar tracker market would increase from 7% in 2016 to 31% in 2021 with the massive push for large-scale project in India.

NEXTracker may receive support from the government under the Make In India program as well as special incentives planned for manufacturers of solar power modules and equipment. As per a draft plan discussed by the Ministry of New & Renewable Energy last year, the government is looking to offer direct subsidies to manufacturers, be it Indian or foreign, willing to set up manufacturing units in the country. The subsidies could be in the form interest subvention or cheaper loans.

The largest tracker-equipped solar power project in India hosts equipment supplied by NEXTracker. The 105 megawatts project was recently commissioned by Adani Power in the northern state of Punjab.

01/30/2017 0 comment

Renewable Energy

SunLink Announces 1.4 GW Solar JV With India’s Ganges Internationale

written by saurabh

A clean energy partnership agreement signed between the government of India and the United States of America is now reaping results.

US-based manufacturers of trackers for solar power modules SunLink has announced a joint venture with an Indian manufacturer of mounting structures. SunLink will work with Ganges Internationale to supply equipment for 1.4 GW of solar power capacity in India.

Ganges Internationale manufactures and supplies fixed tilt mounting structures for solar photovoltaic power projects. With this joint venture with SunLink, the company will likely integrate solar trackers into its mounting structures which will result in increased power generation for the project developers.

The joint venture deal comes only months after India and the United States signed an agreement to facilitate 5.4 GW of solar power capacity installation in India. Apart from SunLink, California-based 8minutenergy was also part of the agreement. While the company does not have a presence in the rapidly growing solar power market of India, it pledged to develop 4 GW capacity in the near future.

Private companies of the United States have been part of India’s solar power growth story since the very beginning. First Solar has been one of the largest suppliers of solar power modules to India and has been active since before the launch of the National Solar Mission in 2010.

SunEdison, which is now engrossed in financial troubles, had 1.4 GW solar power assets – which have now been sold to Greenko Energy Holdings. SunEdison played a major role in driving down solar power tariff in India through aggressive bidding.

08/21/2016 0 comment

Renewable Energy

India’s Adani Enterprises Moving Ahead With Solar Module Manufacturing Venture

written by saurabh

With an aim to become one of the largest private sector power generation companies in India, Adani Enterprises is speeding ahead with plans to manufacture solar power modules.

According to media reports, Adani Enterprises, which controls Adani Power and Adani Green Energy, recently submitted an application with the Ministry of Environment and Forest for approval to set up 1 million tonne/year copper smelter.

While the company did not specify the purpose of setting up the venture, media outlets quotes unnamed sources saying that the copper smelter would feed into the company’s solar module manufacturing units.

Adani Enterprises had signed an agreement with SunEdison last year to set up $4 billion solar modules manufacturing unit in India. The facility would have been the largest of its kind in the country. Following financial troubles of SunEdison, Adani is reportedly looking for new partners but remains firm on its plans.

The company has extensive plans to set up module and related equipment manufacturing units taking advantage of the incentives provided by the government under the ‘Make In India’ program. The company plans to set up a manufacturing facility to produce 1000MWp/yr of Silicon Ingots/ wafers, Silicon Solar Cells, Modules along with 3000 MWp support manufacturing facilities that includes EVA, Back-sheet, Glass, Junction box and Solar cell and string interconnect ribbon in 3 phases.

The company had pledged to set up solar power capacity of 6 GW over the next few years and has won several utility-scale power projects through competitive auctions. The company recently commission part of the largest solar power project developed by one company in India. The company commissioned 360 MW capacity of the 648 MW planned solar power park in the southern state of Tamil Nadu.

07/10/2016 0 comment