{"id":23134,"date":"2021-04-19T11:40:18","date_gmt":"2021-04-19T06:10:18","guid":{"rendered":"http:\/\/www.greenworldinvestor.com\/?p=23134"},"modified":"2021-04-19T11:40:18","modified_gmt":"2021-04-19T06:10:18","slug":"expect-a-slowdown-in-solar-projects-once-again","status":"publish","type":"post","link":"https:\/\/iiec-india.org\/greenworld\/2021\/04\/19\/expect-a-slowdown-in-solar-projects-once-again\/","title":{"rendered":"Expect  A Slowdown in Solar Projects Once Again"},"content":{"rendered":"<p style=\"text-align: justify;\">As the onslaught of the COVID-19 pandemic continues, the solar developers seek an extension of a period of\u00a0few months on their ongoing projects. \u00a0The solar industry\u00a0developers&#8217; group Solar Power Developers Association (SPDA) has requested an additional three-month extension in the project commissioning date to the MNRE. Solar projects are now facing implementation issues as the number of cases rises nationwide. Some projects could also see a cancellation if this extension is not granted. Delayed project completion will also lead to higher costs for\u00a0the developer.<\/p>\n<p style=\"text-align: justify;\">Some states like\u00a0Rajasthan, Maharashtra, and Madhya Pradesh are already seeing work being halted at the solar projects. Developers\u00a0have started to face challenges that the solar power industry was facing\u00a0in the last year. As cases have increased, there is a shortage of workers and also supply chain disruption. MNRE also received requests earlier this year (around Feb. 2021)\u00a0for another five-month extension for renewable projects commissioning on top of one granted in 2020. MNRE had\u00a0rejected the same\u00a0and said that any further extensions may only be granted on a case-to-case basis.<\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/www.greenworldinvestor.com\/wp-content\/uploads\/2016\/12\/solar-India-village2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-19741\" src=\"http:\/\/www.greenworldinvestor.com\/wp-content\/uploads\/2016\/12\/solar-India-village2-300x198.jpg\" alt=\"Solar India\" width=\"300\" height=\"198\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">To mitigate the issue, the Ministry of New and Renewable Energy had granted a blanket extension of five months to all ongoing projects\u00a0in\u00a0the last year (from 25 March to 24 August 2020). Under this order,\u00a0all renewable energy projects were supposed to treat lockdown due to COVID-19 as a force majeure event. All renewable energy projects under implementation as of the date of lockdown, 25 March 2020, were granted the five-month time extension. The SPDA is looking for similar protection in the current year as well.<\/p>\n<p style=\"text-align: justify;\">The Indian solar industry was positive about this year, as the number of cases had subsided at the beginning of this year. They had expected an increase in activity as the majority of the work\u00a0was halted last year. However, this sudden resurgence has raised alarms in all aspects of life. The situation is grim indeed. It remains to be seen if the developers are granted the much-needed relief again.<\/p>\n<p style=\"text-align: justify;\">Also, read\u00a0<em><a href=\"http:\/\/www.greenworldinvestor.com\/2021\/04\/12\/tata-solar-doubles-solar-manufacturing-capacity-after-pli-scheme\/\" target=\"_blank\" rel=\"noopener\">Tata Solar Doubles Solar Manufacturing Capacity After PLI Scheme<\/a><\/em><\/p>\n<p style=\"text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>As the onslaught of the COVID-19 pandemic continues, the solar developers seek an extension of a period of\u00a0few months on their ongoing projects. \u00a0The solar industry\u00a0developers&#8217;<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[30,45],"tags":[1293,1298,1860,5059],"class_list":["post-23134","post","type-post","status-publish","format-standard","hentry","category-india-green-stocks-greeninvest","category-solar-renewable-energy-greeninvest","tag-covid-19-and-solar-energy","tag-covid-19-solar-news-india","tag-expect-a-slowdown-in-solar-projects-once-again","tag-solar-project-extension-india"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/23134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=23134"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/23134\/revisions"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=23134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=23134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=23134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}