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With 47.5 GW In Pipeline And 24.5 GW Already Tendered ,India’s PV Scaffold Market Is available In 2021

Data:2021-03-02

With 47.5 GW In Pipeline And 24.5 GW Already Tendered ,India’s PV Scaffold Market Is available In 2021
According to the global PV ,although India new only 3.24 GW in 2020 watts PV ,but India has piled up in the electric power line 47.5 GW of large-scale PV power station plan, of which 24.5 GW has begun bidding in Q4 2020 and India PV market is gaining momentum ,that such as CHIKO Solar mounting structures manufacturer , is a great development opportunity and challenge !

1.3.24 GW in 2020 ,56% down
New installations in 2020 are down by 56% compared to 7.34 GW in 2019 , making India a standout among the world’s major PV regions , with the largest share of all large-based installations 78% of the installed capacity was 2,520 MW. This figure was down 60% from last year , while CHIKO Solar installations accounted for 22% of the total installed capacity at 719 MW , down 35% year-on-year , with more than a quarter of the new installations occurring in Andhra Pradesh , Rajasthan and Gujarat .
Not only that, India’s new PV installations have declined for four consecutive years .
 With 47.5 GW In Pipeline And 24.5 GW Already Tendered ,India’s PV Scaffold Market Is available In 2021
In spite of this, by 2020 India’s cumulative PV installed capacity has ready 38.9 GW , with large ground-based PV plants accounting for nearly 90% of the total , but by 2020 the growth rate of rooftop PV will be significantly faster , reaching 22%.
 With 47.5 GW In Pipeline And 24.5 GW Already Tendered ,India’s PV Scaffold Market Is available In 2021
Poor response to the epidemic ,PV tariffs and price and freight increases for PV products , including PV scaffolds , were cites by Global PV as the main reasons for India’s PV installation to hit a five-year low . Since India’s plan to implement “Make in India” and its emphasis on tariff barriers , India’s new PV installations have continued to drop , and much of the global PV technological progress and cost reduction has been offset by Indian tariffs .

2.Good vision , realistic bones
According to India’s previous plan ,the country would achieve 100 GW of PV capacity by 2022 ,of which 40 GW would be rooftop PV. However ,by the end of 2020, the cumulative installed capacity of PV in India is less than 40 GW ,and rooftop PV is only 5-6 GW ,which makes it almost impossible to realize the original plan .
“Global PV” has always held that the epidemic is just an excuse for India’s economic decline ,and the policy misdirection is an important factor hindering the development of India’s PV industry, whether it is the compulsory registration of BIS ,or the multi-year implementation of double-counter tariffs on PV modules and auxiliary materials , or the domestic PV polices such as ?? India’s new net roof PV metering policy ,and even the treatment of domestic and international bilateral issues in India .
Of course ,India’s backward production system also hinders the implementation of Indian policies. It can be said that all Indian policies have good ideas ,but the reality and results are very harsh.

3.2021 may be a strong rise
Although India’s PV market has been expected by the world in the past few years ,and has repeatedly disappointed the world ,such as the Chinese PV scaffold manufacturers that have set up factories in India, Global PV still has a lot of expectations for India’s PV market in the coming years as a country with large land ,population and electricity demand .
Global PV expects India to add more than 10 GW of new PV capacity in 2021.
First, although India new PV installed in 2020 to the end of five years ,but the solar power still accounts for 48% of the 2020 GWS ,suggest India’s other forms of PV power generation capacity is not as good as new incremental ,PV is still a new kinds of main forms to generate electricity . Solar power structure in India in 2020 the share reached 10.3%, more than wind power (10.25%) for the first time.
 With 47.5 GW In Pipeline And 24.5 GW Already Tendered ,India’s PV Scaffold Market Is available In 2021
Secondly ,according to the global PV ,to India’s large solar projects in 2020 pipes have amassed 47.5 GW PV project plan ,including 24.5 GW in 2020 Q4 start bidding ,most projects planned in 2020 will be moved to 2021 ,say India’s planned new PV is still some ,just delayed by various.
Again, no matter how big India’s plan skin ,how much moisture ,somehow is also the government has given the global PV industry China a pie ,to the Indian PV manufacturing expectations ,even if the final style as India has always been “very normal did not achieve” ,hit a few discounts ,the industry is still looking forward to .
Fourth , 2021, the outbreak could be part of the control (1/4 people there are rumors that India had been infected ,or will implement the natural immune),border situation has enough to shift ,internal unrest has cooled ,the cost of PV stent industry even and cost is expected to continue to decline ,the overall situation is conducive to the development of PV direction.
India planned PV installed 100 GW by 2022, assuming that India can pass “for the bottom line, the next two years there are 21 GW space ,therefore ,the global PV believe that India is likely to be in 2021, the United States ,Europe and China after the fourth major PV market ,new power is expected to more than 10 GW ,and India in 2022 of new PV amount may even innovation barrel again. 

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Above news from CHIKO Sales & Marketing department
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