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19th March- The Hindu Editorial - Part-2 (in Hindi)
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Subhodeep Das
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  1. THEDU EDITORIAL DISCUSSION 19th March THE HINDU


  2. Cloud over solar sector Curbing tender cancellation and a couple other moves can bring sunshine back UBHODESP


  3. India's renewable energy sector has notched up substantial growth over the past few fiscals in terms of both capacity and generation, but that may not be enough. Capacity additions have slowed in the recent past, which means the 175 GW renewables generation - including 100 GW solar- target set for 2022 could become distant. In the past five fiscals- up to January 2019, actually-installed solar capacity has rocketed almost 10-fold to 25 GW To meet the 100 GW target, another 25 GW needs to be added in each of the next three years. That's a mammoth ask, given that policies have not been particularly supportive. UBHODESP


  4. A majority of India's solar module imports are from China and Malaysia in turn, could adversely impact solar capacity addition in the road ahead Resulted in uncertainty Another concern is that to offset thin operating margins, solar developers may cut corners by buving cheaper modules. Typically, modules account for ~50-60% of a project's cost. UBHODESP


  5. Given that the average efficiency of a solar panel is only ~20%, anything of substandard quality would severely impact generation and hit cash flows. calculation indicates that for a 1% drop in capacity utilisation factor (CUF), tariffs need to increase by around 12-13 paise per unit just to keep returns intact. Results- project unviability UBHODESP


  6. The primary problem of the solar sector can be resolved only if the government adopts an integrated approach, such as by bundling renewables with conventional energy. Today, that's feasible considering the significantimprovement in the cost economics of solar energy. UBHODESP


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