Selecting technology – PV Vs CSP

Selecting technology – PV Vs CSP

The developers have considered a number of parameters while selection of technology (PV or solar thermal). Some of them are

• The technology experience and installed capacities (domestically and internationally) in each type of the technology has been the most important parameter the developers considered. Since PV technology has a larger penetration than solar thermal, there are a large number of PV developers than the solar thermal developers
• Most of the developers who have chosen solar thermal as their technology choice have joint ventures (JV) with technology providers
• The mandate from the investors and the business plans was one of the key parameters on which technology was selected.
• The tariffs by CERC have been crucial in changing some of the decisions/ mandates of both the investors and developers
• The developers have taken into consideration the availability of manufacturing capacities (domestically and internationally) for both the technologies.