SaurEnergy’s roving team of reporters and colleagues fanned out to spot the big trends this year at REI Expo and we have arrived at the following broad conclusions.
Year 2023 saw relatively little presence from foreign firms including Chinese equipment makers. However, on the flip side, there has been an increase in the participation from domestic entrepreneurs.
Many of the leading module manufacturers on the occasion used the platform to launch n type TopCon technology. The shift to n type is also expected to temper the steep drop in prices seen in the past six months.
With deadlines for ToD (Time of Day) or Time of Use billing for electricity nearing, Hybrid inverters, with or without solar plants, are coming up to educate the market.
Higher than usual presence and activities from solar tracker firms, be it Nextracker, Arctech, SunPure and more.
Indian developers are getting big ticket orders and projects from the middle east and Africa. Players like Saatvik, Everrenew, Solace are eyeing these markets, even as EPC majors like L&T have taken pole position.
MW-scale firms are eyeing and transitioning to GW-scale and those that are in GW-scale already are further ramping up in GW scales. Examples are Gautam Solar, Adani Solar (10 GW capacity in polysilicon by 2027; ingot, wafer and cell to 10 GW among others). Add in the expected commissioning of the first gigafactories from Reliance next year, and the stage is set for REI 2024.
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