Author: Parleen Kaur, SolarQuarter
Currently, the Indian Solar Sector is at loggerheads with State’s Solar Policies over the issue of Net Metering/ Gross Metering and now the new connotation “Net Billing “ is popping up, proposed by MERC in their recently released draft policy. Under DCR content, recent MNRE’s push to use mandatorily Indian manufactured solar cells in Indian make PV modules has pedaled down to its almost crawling stage as by all calculations the overall capacity of Indian manufactured Cells (processed through right from undiffused wafers) are well falling short against in-house Indian PV Module manufacturing capacity and hence objective to support Indian Solar Sector vide DCR push is falling flat. Investor/Developer sentiments are down because of these inconsistencies and also because of lack of financial support/mechanisms from Banks and Institutions. The government is pushing E-mobility without fixing its basic infrastructural requirements.
According to Mr. K.R. Harinarayan, Founder and CEO, U-Solar Clean Energy Solutions Pvt. Ltd: “At U-Solar for instance, we have the expertise and capability of serving clients across India to provide them with customized solar systems. As we develop new innovative projects, it is evident that our market share is increasing year on year. Having said that, the biggest challenges in solar adoption in India are regulatory in nature. Although on the one hand the central government advocates a grand vision for solar adoption, on the other hand the state governments create regulatory obstacles for developers to operate. Policies such as the implementation of gross metering, a cap on total solar capacity allowed, cross-subsidy charges, anti-dumping duty for solar panels and many more are creating bottlenecks in the growth of the solar sector. This is however, something that we hope will evolve and stabilise over time.”
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