The Indian market is worth looking forward to: will foreign bidding 60 gw of solar energy by 2020

The Indian government reiterated its commitment to tender a large number of solar and wind power capacity, in order to realize the March 31, 2022, 100 gigawatts of solar energy and 60 gigawatts of wind power capacity of the target.

in new energy and renewable energy ( MNRE) Recently issued a press release, the government said it plans to tender in March 2020 60 gigawatts of solar power generation capacity and 20 gigawatts of wind power generation capacity, in order to achieve the above goals.

according to the ministry data released on October 31, 2018, India installation just over 25 gigawatts of solar power capacity, and is under construction or additional 36 of the tender. 6 gw, making a total of 61. 6 gigawatts. The ministry hopes in 2019 between January and march, 2020 by the new tender and fill the gap of about 40 gigawatts. This means that the next 15 months average monthly capacity bidding about 2. 7 gw.

in terms of wind power capacity, and on October 31, 2018, the number of 35 gw, and is building or tender number 9. 4 gw, a total of 44. 4 gigawatts. The plans or are expected in 2020 March 15 months before 20 gigawatts of new bidding period, in order to realize the goal of 60 gigawatts of installed capacity, so the average monthly bidding amount will reach 1 can be controlled. 4 gigawatts.

this is not the first time that the Indian government to release schedule of solar and wind power bidding, in order to achieve the 2022 target. MNRE over a year ago for the same operation, but failed to keep up with their own schedule.

according to the original timetable, the ministry plans in January 2018 to March 2019 tender 13 to 14 gigawatts of wind capacity. In fact, in February 2018 to September during bidding only six. 9 gw of capacity. India solar, a directly controlled by MNRE institutions, more than have to reduce the size of the wind power bidding, even had to cancel or postpone some of them.

not only such, India must also in April 2018 to March 2019, during the bidding 30 gigawatts of solar power capacity, and in April 2019 to March 2020 between 30 gw bidding again. Now the 60 gigawatts of capacity will be squeezed to the rest of the 15 months ( Between January 2019 and March 2020) 。 In the solar industry, SECI must also reduce the size of the part of the tender, and significantly reduce manufacturing facilities development related major bidding scale.