Blog
The latest updates from Vikram Solar
Blog
The latest updates from Vikram Solar
15th
Jul
Policy Changes amid COVID-19 Crisis Spells Support to the Solar Industry
COVID-19 hasn’t just caused a loss of life and untold suffering to the world, it has also brought economic damage on a scale that is suspected to surpass damage caused by 2008’s global financial crisis, globally as well as for India. Understanding the situation and its impact on our future, the world is moving towards …
11th
Mar
The Coronavirus Situation Impact On India’s Renewable Energy Industry
India’s renewable energy industry, mainly solar is suspected to see challenges ahead due to the Coronavirus outbreak. Since, India depended on Chinese firms to supply about 80% of solar cells and modules used in the country, the viral outbreak will present the issue of depletion in raw material supply to support Indian green energy future. …
02nd
Mar
Challenges That The Solar Sector or Its Consumers are Facing
A stronger existing project pipeline has encouraged Indian solar sector to move forward each year, but in terms of market fundamentals, the industry is facing tremendous challenges leading to slog in green energy adoption growth. Although, last year’s budget failed to focus on making soft loans, export credits available and did not give any inclination …
24th
Feb
Solar Manufacturing Needs Support to Realize India’s Vision
Hon’ble Prime Minister Shri Narendra Modi’s Government has been pro manufacturing from the very beginning. Initiatives like Make in India, GST, drafting National Policy on Electronics, increasing export incentives, launching phased manufacturing programme (PMP), Modified Special Incentive Package Scheme, and planning a new industrial policy under the current regime have increased the FDI inflow within …
05th
Feb
Global PV Industry Growth Trajectory: Predictions for 2020
2019 has been another winning year for the global PV industry. The sector witnessed nearly 115 GW new capacity addition in 2019, recording a 17% increase from last year’s growth. With the world becoming more aware and ready to adopt solar, the increasing flow of investment, emerging economies leaning towards green energy, and consistent drop …
29th
Jan
Current Scenario of Indian Solar Industry and What Should be The Focus Area for Government in 2020
2019 brought India new opportunities for the industry. However, we have to highlight that the country was only capable of installing less than 7 GW of solar energy capacity in the calendar year 2019, which is lower than the country’s performance in the previous year. The trade war between China and the US, inconsistent policy …
27th
Jan
India Needs To Curb Its Oil Dependence to Realize Renewable Energy Goals
India’s efforts at realizing green energy targets are facing an incredible challenge with its growing dependence on fossil fuels. The country has already become the 3rd biggest oil consumer in the world and predictions highlight India to become one of the two largest fossil fuel consumers in the world (consuming nearly 50% of global oil …
19th
Dec
Energy Sustainability in India Needs Resource Efficiency Policies
Continuously depleting natural resources pose a great threat to the world as its population continues to rise. Starvation, lack of energy, and important requirements to sustain life throughout the world has made it obvious that current consumption and production patterns are unsustainable, especially for energy. Management of lifecycle of resources, from their extraction to consumption …
13th
Dec
Manufacturing Industry in India Needs Support to Reverse Slowdown and Push India Forward
Recently Government data has revealed that factory output shrunk by 4% in September 2019, standing at the lowest in last 7 years. Data released by the National Statistical Office (NSO) highlighted that the Indian manufacturing sector’s current contribution to The Index of Industrial Production (IIP) to be lowest in the last five years. Undoubtedly, this …
07th
Dec
How Solar Industry in India is Going to Fare in 2020: A Few Predictions
Indian solar power industry has been growing at an incredible rate and currently stands at nearly 32 GW of installed capacity in 2019. Although 2019 brought India new opportunities for the industry, we have to highlight that the country was only capable of installing less than 7 GW of solar energy capacity in the calendar …
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