From pv journal India

A brand new report ready underneath the Indo-German Technical Cooperation on Innovative Solar (IN Solar) reveals that India’s inland waters have the technical potential to host 206.7 GWp of floating photo voltaic capability.

The group used GIS-based information for all water our bodies in India (calculated in sq. kilometers) by referring to the Copernicus Program of the European Commission.

The information set was filtered to incorporate water our bodies with a usable space of ​​greater than 0.015 sq km, with 12 months of water availability, whereas excluding water our bodies in protected zones. An space of ​​0.015 sq km is required to put in 1 MW of floating PV.

The venture was launched underneath the steering of the Indian Ministry of New and Renewable Energy and funded by Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ). Ernst and Young LLP (EY LLP) is main the venture, with CSTEP and Fraunhofer ISE as companions.

Under a average state of affairs, the report says India might set up 30 GW of cumulative floating photo voltaic capability from 2024 to 2040. They imagine that 1 MW of floating PV would require capital expenditures equal to levelized value of power (LCOE) of INR 4.32 ($0.052)/ kWh.

The analysis group assumes an annual discount of two.5% in capex, leading to a gradual discount in LCOE from floating PV crops, beginning in 2024 and lasting till 2040. LCOE is predicted to mous -os to INR 3.72/kWh in 2030 and INR 2.90 /kWh in 2040.

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