The China-based PV manufacturing industry has been in a massive capacity expansion phase since 2019. This intensified in the first quarter of 2020 but had eased off through the year, but the cumulative figures are draw dropping, which has led to real fears of overcapacity in 2021.
‘Solar sector needs a comprehensive policy’
January 11, 2021
Saibaba Vutukuri, CEO, Vikram Solar×
Vikram Solar CEO highlights issues for attention in Budget
The Government needs to come out with a comprehensive policy framework along with some tariff barriers to achieve the 450 GW renewable energy target, according to Saibaba Vutukuri, CEO of Vikram Solar.
“The Government should consider implementing tariff barriers such as BCD/Safeguard Duty/ADD for at least 4-5 years. Offering capital subsidy of 50 per cent for setting up R&D and quality testing infrastructure within the manufacturing units will help build scale,” he said.
“As we inch towards the Union Budget, we are hopeful of targeted initiatives and policies for scaling up domestic solar manufacturing aligned to the 450 GW renewables by 2030 target. There is an immediate need to build a robust ecosystem for indigenous solar manufacturing and making it cost-competitive to achieve the Government’s vision of Atm
One of the largest merchant solar cell producers in the world, Aiko Solar has now established a base in Europe, with the intention of accessing the best of the R&D activities the region can provide. PV Tech speaks to Dr Christian Peter, managing director at Solarlab Aiko Lab Europe, to determine the direction of that European facility.