News Article | March 1, 2017
Tata Power Solar, part of one of the most reputed industrial conglomerates, has achieved a significant milestone that no other Indian solar module manufacturer has achieved. Tata Power Solar recently announced that it became the first Indian manufacturer to have shipped out 1 gigawatt of solar power modules. The company has seen rapid expansion and growth in production as well as exports over the last few years. Found in 1989 as Tata BP Solar, the company set up it first manufacturing unit in 1991 with a minuscule capacity of 3 megawatts. In 2000, the company achieved Rs 100 crore in sales and also became the first company to upgrade cell manufacturing with a plasma-enhanced vapour deposition system. In 2001, the company achieved Rs 100 crore sales from exports, which increased to Rs 300 crore in 2004. Tata BP Solar increased solar cell manufacturing capacity to 52 megawatts in 2007 and to 84 megawatts in 2009. In 2011, Tata Power Solar became a subsidiary of the Tata Group, following the exit of BP from the joint venture. After that, the company expanded its operations as well as EPC services rapidly to match the expansion in the Indian solar power market. In 2012, the company increased its module manufacturing capacity to 200 megawatts. It also commissioned the world’s largest rooftop solar power project of 12 megawatts of capacity the same year. Last year, the company commissioned a 100 megawatt solar PV project at NTPC’s Anantapur solar power park. The project is the largest solar power project to use Indian-made solar power modules. Tata Power Solar remains one of the largest solar cell and module manufacturing companies in India. As of 31 December 2016, the company had solar cell production capacity of 300 megawatts and solar module manufacturing capacity of 400 megawatts. Buy a cool T-shirt or mug in the CleanTechnica store! Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech daily newsletter or weekly newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.
News Article | November 17, 2016
The word “photovoltaic” combines two terms “photo” means light and “voltaic” means voltage. A photovoltaic system uses photovoltaic (PV) cells to directly convert sunlight into electricity. The primary strategy for use of PVs as the electrical power source for a residence is reducing the need for electricity. Refrigerators, air conditioners, electric water heaters, electric ranges, electric dryers, and clothes washers are all large users of electricity. Highly energy conserving alternatives and gas appliances are available to greatly reduce electrical loads. This report is about the market size of the solar PV market in India as the demand for power in India is a on a continuous raise. This report reveals how government is focusing on promoting the use of solar products for achieving grid parity. The report discusses briefly about the technology related governing solar PV in India India has achieved cumulative installed capacity of 3 GW solar PV in the year ending 2014. Gujarat, Rajasthan, Madhya Pradesh, Maharashtra and Andhra Pradesh are the top 5 states which contribute more than 85% of the total solar PV capacity installed in the country. The government policies have been the main reason for the growth in the solar energy sector. Manufacturing facilities and the declining prices of the PV modules in India will make the PV market with a boom in the future. According to “India Solar Photovoltaic Market Outlook, 2021”, the installed capacity for solar photovoltaic market in India is expected to reach 1500 MW till 2021. Crystalline Silicon type solar photovoltaics are expected to lead the market in terms of technology. Off grid solar photovoltaic system are expected to cover more than half of the market by 2021. The report reveals that Emmvee, TATA BP Solar and Vikram Solar are the leading players in Indian solar photovoltaic market and their revenue share is expected to grow over the forecasted period, owing to their expansion plans and widening of dealership networks. “India Solar Photovoltaic Market Outlook, 2021” discusses the following aspects of solar PV in India: 1. Executive Summary 2. Global Photovoltaic Market Outlook 2.1. Market Size 2.1.1. By Value 22.214.171.124. Overall Market 2.1.2. By Volume 126.96.36.199. Global Cumulative Installed Capacity 188.8.131.52. Global Annual Installed Capacity 184.108.40.206. PV Electricity Generated 220.127.116.11. By Region by Installed Capacity 18.104.22.168. Shipment by Company 22.214.171.124. Global PV Production 126.96.36.199. PV Installation by Country 2.2. Market Share 2.2.1. By Region 2.2.2. By Installation By Country 2.2.3. By Technology 2.2.4. By End User Segment 2.2.5. By Grid Type 2.3. Production Process 2.4. Pricing Analysis 3. Indian Solar PV Market Outlook 3.1. Market Size 3.1.1. By Value 188.8.131.52. Overall Installed Capacity 184.108.40.206. Cumulative Installed Capacity of cells 220.127.116.11. Cumulative Installed Capacity of modules 18.104.22.168. By Export of PV Modules 22.214.171.124. By Region 3.1.2. By Volume 126.96.36.199. By State wise Installations 188.8.131.52. By State wise Schemes 3.2. Market Share 3.2.1. By Grid Type 3.2.2. By Technology 3.3. Production 3.4. Pricing Analysis 4. India Economic Profile – 2014 5. Raw Material 6. Certifications 7. PEST Analysis 8. Solar Photovoltaic’s Trade Dynamics 8.1. Imports 8.2. Export 9. Market Dynamics 9.1. Key Drivers 9.2. Key Challenges 10. Market Trends & Developments 10.1. SPV Pumps in India 10.2. New Solar Cell Projects in India 10.3. Poly Silicon Material 10.4. Crystalline Silicon Solar cells and modules 10.5. Thin Film Solar Cell Modules 10.6. New Materials for solar cells 10.7. Concentrating Solar Cells and modules 10.8. Storage System 11. Competitive Landscape 11.1. Porters Five Forces 11.2. Company Profiles 11.2.1. Tata Power Solar Pvt. Ltd 11.2.2. Emmvee Solar 11.2.3. Vikram Solar Pvt. Ltd. 11.2.4. Titan Energy System Limited 11.2.5. Moser Baer Solar Ltd 11.2.6. Websol Energy System Ltd 11.2.7. Photon Energy System Ltd. 11.2.8. XL Energy Ltd. 11.2.9. Surana Ventures Ltd. 11.2.10. Premier Solar System Ltd. 12. Strategic Recommendations 13. Disclaimer
News Article | November 24, 2016
WiseGuyReports.Com Publish a New Market Research Report On – “Solar Home Lighting 2016 Global Market Share,Growth,Trends & Forecast to 2020”. The analysts forecast the global solar home lighting market to grow at a CAGR of 20% during the period 2016-2020. The segmentation of the global solar home lighting market has been based on two distinct verticals that exist within the broader market. These are based on the technology used and the services provided. The segmentation of the market is as follows: • Grid-tied solar home lighting systems • Off-grid solar home lighting systems In 2015, the solar home lighting market was dominated by the grid-tied systems, which accounted for nearly 86.35% of the global market. The off-grid solar home lighting segment is the underweight in the current market conditions. The segment commands 13.65% share of the global market pie. For more information or any query mail at [email protected] Covered in this report The report covers the present scenario and the growth prospects of the global solar home lighting market for 2016-2020. The market is divided into the following segments based on geography: • Americas • APAC • EMEA The report, Global Solar Home Lighting Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors • Panasonic • Tata Power Solar Systems • Shenzhen Yingli New Energy Resources • Sharp Other prominent vendors • GE Renewable Energy • Su-Kam • Solarcentury • Philips Market driver • Increased focus on environmental protection • For a full, detailed list, view our report Market challenge • Limited sales channels • For a full, detailed list, view our report Market trend • Dominance of emerging markets • For a full, detailed list, view our report Key questions answered in this report • What will the market size be in 2020 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors? PART 08: Market drivers • Increased focus on environmental protection • Higher price of kerosene and falling subsidies • Decreasing price of lighting units For more information or any query mail at [email protected] Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.
News Article | October 3, 2016
India’s largest power generation company — government-owned NTPC — is on track to complete one of the largest solar power parks in the country. NTPC Limited is working on a 1 GW solar park at Ananthapur, Andhra Pradesh, in southern India. The company has already allocated and commissioned 250 MW at the solar park and is expected to commission the balance of 750 MW by March 2018. The 250 MW capacity is already operational and was commissioned earlier this year by Tata Power Solar (100 MW), Lanco Solar, BHEL, and Sterling and Wilson (50 MW each). The Anantapuram ultra mega solar power project is planned to have a total capacity of 1.5 GW spread across two sites within the Anantapurum district. The second phase of the solar park will have 750 MW of capacity. Both the phases will be located at district Kunta. The balance of 500 MW capacity will come up at Galiveedu. Apart from this solar park, NTPC is working on several other similar projects in states across India, including Karnataka and Telangana, where solar parks of up to 5 GW in capacity are under construction. Buy a cool T-shirt or mug in the CleanTechnica store! Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech daily newsletter or weekly newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.
News Article | April 29, 2016
One of India’s leading private sector power generation companies has announced plans to make renewable energy a major part of its operations. Tata Power, part of the famous Indian industrial conglomerate Tata Group, has announced plans to increase its share of renewable energy output from 20% to 35-40% by 2025. The company currently has an installed capacity of 9,156 MW, including 593 MW from wind energy and 60 MW from solar power projects. Tata Power hopes to increase its installed capacity to 20 GW by 2025. A 40% renewable energy share would mean 8 GW capacity. The company has recently increased its participation in solar power auctions. The company secured a project under the Domestic Content Requirement mode in an auction held in the state of Andhra Pradesh late last year. The company can source Indian-made modules from its subsidiary Tata Power Solar to meet the requirements for setting this project. The company successfully participated in the recent 500 MW solar power auction, which is part of a 2 GW solar power park project in the state of Karnataka. The company will develop 100 MW project in the state. Tata Power, which also runs one of the largest thermal power plants in India – Mundra Ultra Mega Power Project – has had regulatory issues with regards to coal-based power plants. The company had planned to import coal from Indonesia to increase the operational efficiency of the power plant. As the prices of Indonesian coal increased, Tata Power struggled to get regulatory approvals to increase the tariff. Last year, Tata Power announced the launch of Tata Power Renewable Energy Limited as a separate company that will own and operate all the renewable energy assets of the parent company. With tremendous improvements in regulatory and financial support for renewable energy development in India, Tata Power seems to have taken the right approach to increase the share of renewable energy in its power generation mix. Drive an electric car? Complete one of our short surveys for our next electric car report. Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.
News Article | December 15, 2015
The north-Indian state of Punjab has further strengthened its position in the nation’s solar power market, commissioning another large rooftop solar power project of 12 MW. Tata Power Solar, a leading integrated solar power solutions company, recently announced that it commissioned a 12 MW rooftop solar power project in Punjab, claiming that the project is the world’s largest rooftop solar power project to be commissioned in a single phase. The project was commissioned at RSSB Educational and Environmental Society at Amritsar. Another similar project, with 7.2 MW capacity was also commissioned at the same location in 2014, which was proclaimed the world’s largest solar power system on a single rooftop. According to Tata Power Solar, the new 12 MW rooftop solar power system is expected to generate over 15 million kWh of electricity and offset greenhouse gas emission equivalent to 19,000 tonnes of carbon dioxide every year. Last year, Tata Power Solar also commissioned a 2 MW rooftop solar power project for a textile manufacturing company in the state of Tamil Nadu. The project, which is expected to have an eventual capacity of 4 MW, is claimed to be the largest rooftop solar power project in southern India. Tata Power Solar, which emerged from the remnants of a joint venture between British Petroleum and Tata Power (Tata BP Solar), constructs solar power projects as well as manufacturing solar power modules and other related equipment. The company is among the leading names in India’s rooftop and distributed solar power market. As India plans to set up 40 GW of operational rooftop solar power capacity, as part of its larger plans to set up 100 GW solar power capacity by 2022, Tata Power Solar eyes a massive market opportunity. Get CleanTechnica’s 1st (completely free) electric car report → “Electric Cars: What Early Adopters & First Followers Want.” Come attend CleanTechnica’s 1st “Cleantech Revolution Tour” event → in Berlin, Germany, April 9–10. Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.
News Article | April 23, 2015
BANGALORE: Tata Power Solar and Manipal University today showcased the prototype of a solar electric car. The car was designed by Manipal University’s students’ twenty-seven member SolarMobile Team, in collaboration with Tata Power Solar who produced the solar panels. The project was named SERVe short for Solar Electric Road Vehicle. The two-seater car weighs 590 Kg and the solar panels weigh just 35 kg (half the weight of conventional solar panels) and provide up to 960 watts of power. The car was designed keeping mobility and commercial viability in mind, so the solar panels have been built to fit around the car's curved shape. This enhances the aerodynamics of the vehicle and enables it to maintain a high performance. The car has a direct solar drive that maintains the cruising speed of 30kmph and is supplemented by extra power from a high-end energy storage system. The car has a top speed of 60 kmph. S. P Giridhar Kini, associate director, Manipal University, says “We are extremely happy to see how our students have combined their passion for green energy, through the launch of SERVe. The industry-academia collaboration is the key to foster innovation among the students. Hence, working with corporates like Tata Power Solar helped our students get technical support and knowledge transfer.” Tata Power Solar managing director and chief executive, Ashish Khanna also responded to economic times,”the project epitomizes our belief in innovation. We not only encourage innovation within our organization but also propagate university participation for this cause.” Also Read: Net Neutrality: NASSCOM Calls for Level Playing Field for Startups Join Twitter Geography Trivia From Space
News Article | February 24, 2015
ABB India became the first company to reach sales of a cumulative capacity of 1GW solar inverters. This milestone was marked today with the roll out of an order for Tata Power Solar’s project for Kiran Energy Solar Power. ABB India commenced local manufacturing of solar inverters in 2012 and has since grown in partnership with key industry customers. Technology leadership complemented with competent indigenization and reliable service, helped ABB India to quickly achieve and maintain pole position in the market over the last three years. The cumulative installed base for central inverters in India reached 3GW in 2014. “Despite having the fifth largest generation capacity in the world, a third of our population has no access to electricity. We hope to be a key component in India’s solar powered future through our solutions spanning the entire solar value chain,” said Bazmi Husain, Managing Director, ABB India. “The ambitious target set for solar power generation capacity in the country – 100GW by 2022 – makes it imperative to leverage all avenues available, be it 300 days of sunshine or opting for efficient and quality components deployed across solar projects.” Changes were made in ABB’s product design keeping in mind the local requirements like demanding environments of high temperatures, dust and humidity. Solar power has great potential to lead the charge of renewables and is rapidly approaching grid parity in many countries. It is emerging to be a key contributor in the energy mix and the government’s drive to provide access to electricity for all. This positions ABB India well in an industry that is set for 10 percent plus annual growth in the country. “Being an early adopter of the latest inverter technology, we collaborated with ABB India from their initial years. Their understanding of the market and reliable product suite has made them a valuable partner in our operations,” said Dr. Arul Shanmugasundram, EVP Projects and Chief Technology Officer, Tata Power Solar. “We look forward to a more comprehensive association in the coming years.” ABB is the leading global supplier of solar photovoltaic (PV) inverters, which play a key role in converting the sun’s energy into electric current. Solar inverters convert solar power direct current (DC) to alternating current (AC) for transmission and distribution. ABB solar inverters improve reliability, efficiency and ease of installations. The inverters range from 100 kW to 1,000 kW and are optimized for cost-efficient multi-megawatt power plants. One gigawatt (1 billion watts) is enough to power up to ~750,000 households, as per western averages. Pushing the renewables envelope, ABB is extending a technological partnership with the pioneering Solar Impulse. On its maiden round-the-world journey – without using a drop of fuel – the solar powered plane stops over in Ahmedabad and Varanasi early this March. This endeavour is not only about pushing the boundaries of aviation but of innovation and what solar power can make possible for the human race, a natural extension of ABB’s ambition of power and productivity for a better world. ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 140,000 people. Photo caption: Mr. Bazmi Husain – Managing Director, ABB India at the announcement of the 1GW milestone achievement in the solar power Industry
News Article | June 24, 2015
Growing demand for renewable sources of energy and favorable government incentives to drive India solar equipment market through 2020 India is forecast to witness robust growth in solar power generation capacity due to rising focus of the government towards sustainable energy generation. Availability of abundant sunshine throughout the year makes the country an ideal location for solar power generation. Rapid population growth and increasing urbanization and industrialization is driving demand for energy, traditionally met by coal and crude oil. However, growing shift towards renewable sources of energy and favorable government initiatives have increased the share of solar power in the country's total energy generation mix. Under the Jawaharlal Nehru National Solar Mission (JNNSM), a capacity addition of 20,000 MW has been envisaged to be achieved by 2022. This would require production and usage of solar cells and modules for power generation. The second phase of JNNSM solar development program mandates 50% local equipment sourcing, which is expected to boost the country's solar equipment market. According to a TechSci Research report "India Solar Power Equipment Market Forecast & Opportunities, 2020", solar equipment market in India is projected to surpass USD4 billion by 2020. Prices of solar panels declined by 19% in 2013 and by 12% in 2014 due to technology advancements and improvements in manufacturing processes, thereby making them cheaper. In the past, solar equipment industry confronted various challenges such as poor raw material supply, underdeveloped supply chains and limited access to low cost financing. However, rising government investments in the sector, increasing technological advancements and growing environmental concerns are expected to boost solar equipment marketover the next five years. "With rising demand for solar equipment, many domestic players such as Indo solar, Tata Power Solar, Moser Baer India Ltd and Websol Energy Systems are offering cost-effective and high efficiencysolar equipment with low system cost per kW. Increasing competition in the market is resulting in considerable average selling price declines of equipment. Additionally, government support in the form of favorable policies, subsidies and tax incentives are expected have a significant positive impact on the market in the ensuing years.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. "India Solar Power Equipment Market Forecast & Opportunities, 2020" has evaluated the future growth potential of solar equipment within the country and provides statistics and information on market structure, consumer behavior and trends. The report includes solar equipmentmarket projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities available in the solar equipment market in India. TechSci Research is a global market research and consulting company with offices in Canada, UK and India. TechSci Research provides market research consulting services in six verticals - Information Technology, Chemicals, Water & Water Recycling, Consumer Goods & Retail, Automotive and Energy & Power. The company uses proprietary innovative business model that focuses on improved productivity that also ensure the creation of high-quality reports. With more than 100 client engagements with fortune 500 clients, TechSci Research enjoys the status of a premium market research services provider in the industry.
News Article | May 11, 2015
Punjab has called upon financial institutions and banks to provide easy credit to solar power developers in the state. Presiding over a meeting with leading financial institutions and banks Including Power Finance Corporation, L&T Infra Finance, IDBI, ADB, NABARD, Bank of India, Tata Power Solar, Punjab’s New and Renewable Energy Minister, Bikram Singh Majithia informed that the state has taken major initiatives in launching innovative programmes in the new and renewable energy sector with the purpose to enhance clean and green power generation capacity in the state. Punjab has been actively promoting and facilitating the setting up of ground based, rooftop based, canal top based, reservoir based solar PV power generation systems. The state’s present NRSE power generation capacity was 811 MW and it was planned to take this capacity to 5,400 MW by 2022. Majithia called upon bankers to actively participate in state’s initiative in renewable energy which has an estimated investment potential of Rs 33,000 crore and out of which Rs 23,000 crore was for finance requirement for setting up of NRSE projects. He emphasised on providing an exclusive financial product for supporting the rooftop projects under net metering, saying the future for the country lies in every household establishment institutions generate its own clean and green energy. This will also help in providing power during peak hours for industrial growth of the country and specifically of the state, he said. Punjab has a huge potential in biomass sector and farm based solar projects for which financial institutions should come forward in supporting first generation entrepreneurs and citizens. According to PTI, Punjab and Germany are all set to join hands for creating ‘Renewable Energy Equipment Hub’ in the state. Punjab has also sought help from Germany to harness the huge potential available in rooftop solar and biomass power. Indo German Energy Programme has proposed to facilitate linkage between Punjab and German Renewable energy sector. A delegation of Indo German Energy Programme, led by its Director Winfried Damm, recently called on Majithia and apprised him about the efforts being put in facilitating technology transfer as well as investment by German companies in the Renewable Energy (RE) sector to India. Damm offered to facilitate linkage between Punjab and German renewable energy industry to create RE equipment hub in Punjab besides bringing in experienced German companies to execute high standard RE project in the state. Majithia assured the delegation that the State would extend all help to German Industry. He said the state has an investor friendly policy in place supported by a specific New and Renewable Energy Policy. Making a strong case of huge potential for investment available in state in rooftop solar and biomass power, Majithia requested the delegation to help Punjab in emerging state in these sectors as Germany had a strong presence and proven track record in both the sector. Germany has already started nuclear power phase out, and plans to close all its nuclear power plants by 2022. With investments on research in renewable energy, Germany is all set to have a competitive advantage in the renewable energy era.