The renewable energy market, specifically the solar sector in India, witnessed a significant decline in installations last year. But recovery from the slump was quick, thanks to the demand for transitioning to cleaner and greener energy sources.
Touted as one of the largest solar markets, India is leading the way with large grid-connected solar projects and an emphasis on domestic manufacturing.
According to Mercom’s Q2 2021 India Solar Market Update, India added 2,488 MW of solar in the second quarter of 2021 – a 19% increase quarter-over-quarter, compared to 2,090 MW installed in the first quarter of 2021.
Mercom India will host the “Mercom India Solar Forum 2021“ on October 21, 2021. The virtual event will bring together top investors, c-level industry executives, and government officials to discuss the current state of the Indian solar market, emerging installation and manufacturing trends, and major shifts.
In a span of six sessions, the Forum will cover a wide range of topics related to the solar sector, including utility-scale project development, rooftop solar, open access solar market, and domestic manufacturing.
In the first session, the panelists will discuss the Indian solar market’s outlook for the upcoming decade and how solar will play a dominant role in India’s transition towards renewable energy. They will analyze ways to develop solar projects and the required investment to meet the central government’s target of 100 GW of solar capacity by 2022 and 280 GW by 2030.
In the second session, experts will talk about the feasibility of the domestic manufacturing initiative, market opportunity, and the plans of stakeholders to establish a market within the country. Companies that have announced their manufacturing plans will share their views on the growth forecast, plans, and investments.
In an exclusive session on open access solar, the panel discussion will bring insights from developers, consumers, facility owners, and new ideas and suggestions to make open access favorable to all.
In the rooftop solar market session, stakeholders and regulators will share their thoughts, recommendations, and options to meet consumer demand to go green.
The fifth session will be devoted to discussing challenges and strategies to develop large-scale projects. The session is crucial for utility-scale solar developers who faced several challenges such as supply chain disruptions and rising component prices in the wake of the Covid-19 pandemic.
The final session for the day will shed light on India’s solar supply chain and sourcing strategies. In this session, the panel will discuss companies’ plans to source raw materials, manage the supply chain amid demand surge, and overcome existing barriers.
To get your free event pass, click here.