Current Trends of Solar Photovoltaics

7/30/2019 Current Trends of Solar Photovoltaics

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CURRENT TRENDS OFSOLAR

PHOTOVOLTAIC


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INTRODUCTION

The global demand for energy is currently growing beyond thelimits of installable generation capacity.

To meet future energy demands efficiently, energy security and

reliability must be improved.

Of the many available renewable sources of energy, solar energy isclearly a promising option as it is extensively available.

Solar power, especially as it reaches more competitive levels withother energy sources in terms of cost, may serve to sustain the livesof millions of underprivileged people in developing countries.

Solar energy devices can benefit the environment and economy ofdeveloping countries.


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The complete installed capacity details as per theCentral Electricity Authority(CEA) is given below


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Ministry of New and Renewable Energy(MNRE) updates the details of thetotal grid-interactive installed capacity. It has released the latest numbers.

The details are as given below.


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CONTINUE.

The Central Electricity Regulatory Commission(CERC)released the new benchmark capital cost for Solar PV plantson 25th October 2012. The cost has been reduced to Rs. 8

Crores/MW(~$1.5 Million/MW) for the year financialyear(FY) 2013-14.

In the not so distant past, i.e., for the FY 2009-10, thebenchmark cost was Rs. 17 Crores/MW which represents an

astonishing 53% drop during the period. The capital costs andthe breakup as notified by CERC for the last few years aregiven in next slide.

(The cost breakup for FY 2009-10 is not available with us).


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As expected, PV module prices have dropped to a third ofthe base year(2010-11). Inverter prices also have dropped

at a slightly higher rate. The other item to fall is theexpense related to the services. What is interesting is thefact that the price of everything else(land, civil, electrical

works, mounting structures) have gone up. The tableabove shows the share of each item as a percentage of the

total capital cost.


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The graph below sums it up quite well. The share of PVModules and inverters together now is about 50%, down from

72% in 2010-11.


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Indian Solar PV Industry Status andCurrent Trends

The Indian Solar PV Industry is at a very nascent stage inIndia.

With the announcement of the Jawaharlal Nehru

National Solar Mission (JNNSM) in 2010 and themandates for local content requirement provided in theguidelines of the JNNSM has given a big push for thegrowth of the solar PV industry in India.

The Solar policies of the various states like Gujarat,Rajasthan, Karnataka and the a few other upcoming statepolicies are also expected to create significant demandfor solar PV industry.


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PV TECHNOLOGY CLASSIFICATION

Silicon Crystalline Technology

Mono Crystalline PV Cells

Multi Crystalline PV Cells

Thin Film Technology

Amorphous Silicon PV Cells

Poly Crystalline PV Cells


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Comparison Table between Thin Film,Monocrystalline and Polycrystalline Solar Cells


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CONCLUSION

At present, the share of renewable energy is less thenapprox 12%.

In which ,most of the generation is through wind.

Solar PV technology has improved and their costshave reduced.

And there is a high prospects for Solar power inIndia.


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Current Trends of Solar Photovoltaics

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