Status of Indian Solar Industry During Covid-19:
COVID-19 has affected the whole world. It is a matter of learning for every person, that we humans are not above nature. Nature controls us. If we do not learn to be in control, then perhaps the situation may be worse than this. During the lockdown, we also saw the change in the atmosphere and realized how wrong we contaminated the atmosphere. We understood that solar energy is a very good option to keep the environment clean. So, let’s try to find out the changes in the field of solar energy after India’s COVID 19.
Given the way pollution is affecting every life cycle of the earth, it is high time to adopt renewable energy. India has set its target of 175 GW of renewable energy by the year 2022. Out of 175 GW, 100 GW will be from solar power, 60 GW from wind power, 10 GW from hydropower, and 5 GW from biomass.
Among all these options, solar energy is the only option that is the easiest to install. It has almost zero maintenance requirements. Now the first month of the year 2021 has also ended and the second month is also half-finished. Therefore, the country is only 22 months away from its target deadline. The question is, can India exceed the target of 175 GW of solar power?
To find the answer to this question, by all means, we have to study the years before COVID-19 and add to it the effects caused by COVID-19. From 2016 to 2019, there was a 32% drop in Indian solar rooftops. In 2020, the entire Indian solar industry has declined by 72% with the adoption rate of solar due to COVID-19.
Before 2020, the Indian solar sector relied on solar imports from China. But after Covid, the Indian government imposed a trade ban on China, which affected the solar market the most.
However, it also gave India a chance to become self-sufficient in the solar sector. But this is not possible overnight, it will take time to implement this initiative. Manufacturing facilities have to be established to bridge the gap between demand and manufacturing due to trade restrictions. Employment opportunities will also increase in setting up manufacturing facilities.
Status of Indian Solar Industry Post COVID-19:
The Indian solar ecosystem is evolving day by day. And at the same time, India has moved towards being self-reliant. The Government of India is taking forward financial solutions to speed up the process of technology, manufacturing units, and hardware supply.
Large solar installations are growing at a very fast pace, but the rooftop solar segment is growing at a very slow pace. With the current speed, the target of 2022 cannot be achieved as the rooftop solar segment is a very important part of the solar sector.
New policies on net metering have also caused an inconvenience among consumers and solar developers. Which can further reduce the rate of rooftop solar installations. If the stated goal is to be achieved, the Ministry of Power should immediately address this.
Among all these uncertainties, residential, commercial, and industrial solar segments have seen a boom after unlock-1. It is expected that in any case, there will be no difference in the solar sector in India.
One of the biggest problems with the Indian solar sector is that in solar energy marketing, solar installers and developers are not properly trained. Solar energy marketing is the least discussed topic in the Indian solar industry, as there is still a need to create awareness about solar in society.
Solar industry experts should focus more and more on solar energy marketing. There is a need to strike a balance between solar technology and solar marketing for India to grow.
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Ornate Solar is the official partner of Canadian Solar panels, Renewsys Made in India Panels, Enphase Micro-Inverters, SolarEdge Solar inverters with Optimisers, Fronius OnGrid Solar Inverters.
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