Project Report For

Introduction

The project report for Solar Panel is as follows.

In India, overall solar generation production has grown by 461 MW in 2011 to 6,763 MW in 2016. In last few years, solar generation ability in the nation has improved enormously due to supportive government policies combined with advances in solar panel production technology. Indian Solar Power Industry is expected to use double-digit growth over the next few years as a result of the government’s policy to raise the level of solar power in that country’s electricity sector and declining PV (PV) costs internationally. Besides that, the tariffs on solar power in India has seen a dramatic decline in the last few years.

Solar power capacities in India also decreased in relative terms from INR 15 / Kwh in 2009 to INR 2.44 / Kwh in 2017 leading to a decline in panel prices and an increase in the growth rate variable. This latest drop came in an online tender to set up a 750 MW solar power park in Bhadla, nearby Jodhpur, with support for a feasibility gap (VGF) by Solar Energy Corporation of India Limited.

Market potential & Strategy

In India, maximum solar energy production has grown from 461 MW in 2011 to 6,763 MW in 2016. In last few years, the nation’s solar power generation potential has grown dramatically due to the favorable government policies coupled with developments in solar panel manufacturing technologies. Indian solar business is expected to use double-digit growth over the next several years in terms of the government’s policy to increase the size of solar power in a country’s energy supply. Besides that, the tariff on solar power in India has shown a dramatic decline in the last few quarters.

Solar power tariffs throughout India has decreased in relative terms by INR 15 / Kwh in 2009 to INR 2.44 / Kwh in 2017 leading to a decline in panel rates and an increase in the capacity utilization factor. This current fall occurred in an online tender to established a 750 MW solar power project in Bhadla, near Jodhpur, with support for just a viability gap (VGF) by Solar Energy Corporation of India Limited.

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