Low-cost Chinese imports are the biggest challenge to Indian solar technology ambitions.
India has made significant progress in creating capacity for solar energy generation but India still relies on China for equipment.
India expanded its solar generation capacity-
-Eight times from 2,650 MW on May 26, 2014.
-Over 20 GW on January 31, 2018.
-28.18 GW on March 31, 2019.
The government had an initial target of 20 GW of solar capacity by 2022, which was achieved four years ahead of schedule.
In 2015, the target was raised to 100 GW of solar capacity by 2022.
Relying on imports
-India is blessed with plenty of sunlight.
-India still not manufacturing solar panels.
-India is dependent upon for imports of Chinese equipment.
-Indian manufacturing still lags behind China.
-China has done a wonderful job of building its manufacturing base.
Lessons from China
-To increase competence-Chinese manufacturers has worked on the manufacturing of solar cells.
-Only 3GW India generates and imports 17 GW which shows a lack of political will and interest. The current government has shown comparatively more interest but still, a lot of work needs to be done.
-The problem of land acquisition in India is still looming but the Chinese government has control over land.
-The cost of debt in India is 11% while in China it is about 5%.
We need to learn and focus more on building our manufacturing base if we want to compete with China in the near future.
India is the world's largest importer of defense equipment for years.
The current article shows that even though India is blessed with plenty of natural sunlight but its solar power generation is low as compared to China because the manufacturing sector still lags behind. India needs a huge investment to build its manufacturing base. Look at China how this country has made strides in achieving success in building its manufacturing base. Today Chinese manufacturing is cheapest in the world. India has plenty of sunlight but still, India is not able to manufacture its solar panel indigenously.
We can gauge the situation of our country that how previous governments worked.No doubt we people are more interested in vote bank politics but not paying any attention towards the accountability of governments in developmental projects is sheer stupidity.
We Indians need to develop progressive minds and we all should strive towards development. We should question our government where taxpayers money has been utilized.
India has made significant progress in creating capacity for solar energy generation but India still relies on China for equipment.
India expanded its solar generation capacity-
-Eight times from 2,650 MW on May 26, 2014.
-Over 20 GW on January 31, 2018.-28.18 GW on March 31, 2019.
The government had an initial target of 20 GW of solar capacity by 2022, which was achieved four years ahead of schedule.
In 2015, the target was raised to 100 GW of solar capacity by 2022.
Relying on imports
-India is blessed with plenty of sunlight.
-India still not manufacturing solar panels.
-India is dependent upon for imports of Chinese equipment.
-Indian manufacturing still lags behind China.
-China has done a wonderful job of building its manufacturing base.
Lessons from China
-To increase competence-Chinese manufacturers has worked on the manufacturing of solar cells.
-Only 3GW India generates and imports 17 GW which shows a lack of political will and interest. The current government has shown comparatively more interest but still, a lot of work needs to be done.
-The problem of land acquisition in India is still looming but the Chinese government has control over land.
-The cost of debt in India is 11% while in China it is about 5%.
We need to learn and focus more on building our manufacturing base if we want to compete with China in the near future.
India is the world's largest importer of defense equipment for years.
The current article shows that even though India is blessed with plenty of natural sunlight but its solar power generation is low as compared to China because the manufacturing sector still lags behind. India needs a huge investment to build its manufacturing base. Look at China how this country has made strides in achieving success in building its manufacturing base. Today Chinese manufacturing is cheapest in the world. India has plenty of sunlight but still, India is not able to manufacture its solar panel indigenously.
We can gauge the situation of our country that how previous governments worked.No doubt we people are more interested in vote bank politics but not paying any attention towards the accountability of governments in developmental projects is sheer stupidity.
We Indians need to develop progressive minds and we all should strive towards development. We should question our government where taxpayers money has been utilized.
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