Leading rooftop solar developer Cleanmax Solar, backed by marquee investors has moved into the wind-solar hybrid projects space. The company has commissioned 110 MW of projects and has another 62 MW of such projects in the pipeline.
Cleanmax Solar was prompted by new policies of the Gujarat and Andhra Pradesh state governments into taking this step.
“In a couple of states, notably Gujarat, there are supportive insurance policies for wind-solar hybrid tasks,” stated Andrew Hines, Chief Industrial Officer, Cleanmax Photo voltaic. “Gujarat gives a 50% cross subsidy surcharge waiver and different advantages for wind-solar hybrid tasks.”
In the mean time, it’s a area of interest alternative which just a few builders like Cleanmax can make the most of, in keeping with him. “Most photo voltaic builders lack ample experience or consolation growing wind tasks. Wind builders, however, could favor bigger authorities tasks. So whereas the proposition for customers is compelling, it requires a sure focus from builders to deliver these kind of tasks to life,” he stated.
The power ministry issued a notification recently that said net metering would be restricted to only projects that are smaller than 10KW in size. Bigger projects would have to adhere to gross metering, which is appreciably more expensive for the client. It has led to chaos among rooftop developers because most rooftop installations are in the Commercial and Industrial segment where projects are typically larger than 10KW. Kuldeep Jain, Managing Director, Cleanmax Photo voltaic said “The best way we learn it’s that the federal government is saying we would like distribution firms to ensure internet metering for small residential tasks. For bigger tasks, it’s left to every state to find out what it needs to do, based mostly by itself energy scenario. That can be a state topic,”
According to data from BloombergNEF photo voltaic module costs have been on the rise since mid-2020. The typical landed worth of modules imported into India elevated to $0.20/W in December 2020 from $0.18/W in September.
Managing Director, Cleanmax added, “Some Indian developers have delayed procurement of modules from China hoping prices will fall in the future. “We have always met our project schedules with clients. We have not delayed any projects. Our economics have therefore suffered to some extent due to the sudden rise, Modules make up for 55% of the mission’s capital value. The federal government must take motion instantly as a result of tasks have gotten unviable, in keeping with him. “It’s crucial for the federal government to look at what it could actually do to cut back prices. In any other case it simply will increase the price of inexperienced vitality.”