Solar Cell Manufacturing – Detailed Project Report by Solar Experts

Solar Cell Manufacturing – Detailed Project Report by Solar Experts

 

India today has an installed domestic solar Cell manufacturing capacity of over 2000 MW, but the potential is a lot more. With the central government providing an enormous impetus on ‘Make in India’ for Solar, and with a super-ambitious target of 100 GW of Solar by 2022, prospects are good for solar Cell manufacturing in India. For those investors keen on putting up a solar cell manufacturing plant, Solar Mango, India’s leading solar power consulting and research firm, can provide a comprehensive, bankable DPR.

 Solar Mango strongly believes that DPR is not just a protocol document for the banks and other stake holders to have it in their files.

Developing a DPR that convinces the relevant stakeholders about the viability of the project in a scientific and justifiable manner could make all the difference between Yes and No for the project.

Who will benefit from our Solar Cell Manufacturing DPR?

  • Large Conglomerates/Businesses looking to diversify into cell manufacturing Large energy companies and established  entrepreneurs keen on venturing into solar cell  manufacturing business

  • Solar businesses – solar module makers, EPCs, developers, other component manufacturers – keen on vertical integration into solar cell manufacturing

What is Unique about Solar Mango’s DPR?

Solar cell manufacturing has its potential, and its risks and challenges. It is important that a DPR provides critical inputs on both these aspects.

Our custom solar cell manufacturing DPR, in addition to providing detailed inputs on the business model, technologies and financials, also includes sections on risks and risk mitigation that clearly spell out areas of uncertainties, and also how the adverse effects of each uncertainty can be mitigated.

Each DPR is specially crafted for the specific investment and investor and includes the latest data and estimates for evaluating the market, technical and economic feasibility of the project. We also factor in the latest in government policies and also incorporate industry perspectives on possible future trends in such policies in regulations.

Why Solar Mango?

In the past decade, Solar Mango has provided over 25 Indian businesses with such high quality DPRs for solar cell and module manufacturing, and other solar energy manufacturing opportunities- businesses that range from small entrepreneurs putting up 10 MW solar module manufacturing plants to large industrial giants planning to invest in 500 MW solar cell manufacturing lines, and even prospects who are considering investing in large-scale solar wafer manufacturing.

Wish to take our assistance for a high-quality Solar Cell DPR?
send a note to consult@solarmango.com or Call Dharini 7358263274

 List of Contents

1.Introduction and Project Description +

  •  1.1 Scope of the Project
  •  1.2 Objective of the Project
    •  1.2.1 Objective of the Detailed Project Report

2.Quick Overview of the Project            +

2.1  Detailed project outline

3.Market Analysis+

  • 3.1 Market Potential
    • 3.1.1 Current and Future Demand
    • 3.1.2 Forecasted Solar Growth in India
    • 3.1.3 Cumulative Capacity – Installed & Expected
  • 3.2 Demand Analysis
    • 3.2.1 Demand – Total Market Potential for Indian Cell Makers
    • 3.2.2 Estimates for DCR Market Potential – Ground-Mounted Solar
  • 3.3 Export Market
  • 3.4 Current Supply Status
    • 3.4.1 Operational Capacity – Cell
    • 3.4.2 Current Domestic Manufacturing Scenario of Solar Cell
    • 3.4.3 Trends in Imports of Cell – Now and Future
  • 3.5 Supply Forecast

4.Competitor Analysis – Solar Cell Manufacturing  +

  • 4.1 Competitor Analysis
    • 4.1.1 International Solar Cell Manufacturers
    • 4.1.2 Competition from Existing Domestic Players
  • 4.2 Analysis of Top 6 Domestic Solar Cell Manufacturers
    • 4.2.1 Adani Solar (Mundra Solar PV)
    • 4.2.2 Jupiter Solar
    • 4.2.3 Tata Solar
    • 4.2.4 Indosolar Limited
    • 4.2.5 Websol Energy System Ltd
    • 4.2.6 RenewSys
  • 4.3 Greenfield Competition
    • 4.3.1 Competition from Cell Manufacturing Companies in the US

 

5.Marketing Plan+

  • 5.1 Proposed Product Features and Characteristics
    • 5.1.1 Type of Solar Cell
    • 5.1.2 Manufacturing Technology Selection
  • 5.2 Competitive Differentiation
  • 5.3 Planned Mix of Export and Sales in the Domestic Market
  • 5.4 Proposed Distribution Channels
  • 5.5 Targeted Customers and Expected Revenues from Major Customers
  • 5.6 Sales Partnerships

6.Technology Analysis+

  • 6.1 Technology Assessment
    • 6.1.1 Technological Evaluation
    • 6.1.2 Manufacturing Technologies
    • 6.1.3 Solar Cell Manufacturing Process
    • 6.1.4 Solar Cell Manufacturing Line for PERC Technology
  • 6.2 The Business Case for PERC Technology – A Brief Analysis
    • 6.2.1 Background
    • 6.2.2 Current Status of PERC

7.Location Details+

  • 7.1 Proposed Site for the project
  • 7.2 Location Advantages
  • 7.3 Infrastructural Requirements of the Project
    • 7.3.1 Land Requirement
    • 7.3.2 Factory Infrastructure Requirement

8.Project Plan+

  • 8.1 Implementation of the Project
  • 8.2 Key Timeline and Milestones
  • 8.3 Sourcing of Raw Materials
  • 8.4 Labor Requirements
  • 8.5 Details of other Requirements
  • 8.5.1 Electricity Requirements8.6 Planning for Future Expansion

9.Project Financials+

  • 9.1 Cost of Setting up the Main Line & Support Facilities.
  • 9.2 Total Capital Cost of the Project
    • 9.2.1 Equipment & Facilities Costs – Breakup
    • 9.2.2 Operating Costs
  • 9.3 Investment & Funding
    • 9.3.1 Proposed Investment Plan

10.Financial Analysis+

  • 10.1 Key Assumptions
    • 10.1.1 Inputs for Production Expenses
    • 10.1.2 Other Inputs
  • 10.2 Financing Details
  • 10.3 Total Sales
  • 10.4 Project IRR & Payback
  • 10.5 Summary of Financial Results

11.Regulatory Assessment+

  • 11.1 Manufacturing incentives
    • 11.1.1 Modified Special Incentive Package Scheme [M-SIPS]
    • 11.1.2 SECI Tenders  of Solar Manufacturing Capacity
  • 11.2 State-level Incentives
  • 11.3 Incentives from Government of India
  • 11.4 Regulations
    • 11.4.1 Domestic Content Requirement (DCR)
    • 11.4.2 Export and Import Concessions
    • 11.4.3 Key Subsidies Proposed to Help Local Manufacturers
    • 11.4.4 Updates on Anti-dumping Duty
    • 11.4.5 Nil Import Duty on Solar Equipment
  • 11.5 Approvals
  • 11.6 Solar Cell Testing and Certification
    • 11.6.1 Key Parameters for Solar Cell Testing
    • 11.6.2 Warranties and Certifications
    • 11.6.3 List of Certifications

12.Risk Analysis and Sustainability Plan +

  • 12.1 Introduction
  • 12.2 Business Risks
  • 12.3 Project Completion Risks
  • 12.4 Country and Financial Risks
  • 12.5 Policy and Regulatory Risks

13.ANNEXURE+

Annexure -1

List of Cell Production Line Suppliers

Annexure -2

PV Cell Manufacturers – Global

Annexure -3

List of PV Cell Manufacturers – India

Annexure -4

List of PV Cell Manufacturers – Global

Annexure -5

List of Silicon Wafer Manufacturers – Global

 

List of Tables+

Table   1: Cumulative Capacity

Table   2: Yearly DCR/CPSU Installations

Table   3: Non-DCR/CPSU Estimate for Ground- Mounted Sector

Table   4: Total Demand Estimated for Rooftop Sector

Table   5: Export Potential for Indian cell Makers

Table   6: Market Size for Indian Solar Cell Manufacturers

Table   7: Operational Capacity

Table   8: Installed & Operational Capacity

Table   9: Domestic Production vs import

Table 10: Solar Imports

Table 11: Total Solar Cell Production Capacity Estimates

Table 12: Demand – Supply in the Indian Market for Indian Cell Manufacturers

Table 13: List of Top Ten Cell Manufacturers in the world ranked according to Total Installed Capacity (All data in GW)

Table 14: Installed & Operational Capacity

Table 15: Potential Product Features

Table 16: Potential for differentiation for each marketing dimensions

Table 17: Summary of Domestic & Export Sales Potential for a New Entrant

Table 18: Proposed Distribution Channels

Table 19: Customer Segments and Potential

Table 20: Preferred End-user Segments for Solar Cell Makers

Table 21: Pros and Cons of Crystalline Panels

Table 22: Stages Involved in Solar Cell Manufacturing Process

Table 23: Classification of CVD Technologies

Table 24: Location Details

Table 25: Area Requirement

Table 26: Building Specifications

Table 27: Cleanroom Criteria

Table 28: Key Timelines and Milestones

Table 29: Preferred Region for Sourcing of Raw Materials

Table 30: Labor Requirements

Table 31: Electricity Requirements for a  multicrystalline solar cell line

Table 32: Costs for a  cell manufacturing line – core equipment and facilities

Table 33: CAPEX – equipment and other costs

Table 34: Cost Break-up of Main Cell Line for a Automated facility (European Manufacturer)

Table 35: Cost Break-up for Support Facilities & Infrastructure

Table 36: Cost of Production for a Cell Manufacturing Facility – Projections

Table 37: Proposed Investment Plan

Table 38: Key Assumptions for financial analysis

Table 39: Inputs for expenses

Table 40: Other inputs

Table 41: Total Project Cost

Table 42: Financial Analysis

Table 43: Returns Calculation

Table 44: Summary of Financial Calculations Results

Table 45: Benefits available under M-SIPS

Table 46: State Incentive Policy

Table 47: Business Risk

Table 48: Project Completion Risks

Table 49: Country and Financial Risks

Table 50: Policy and Regulatory Risks

Table 51: List of PV Cell Manufacturing Line Suppliers

Table 52: Top PV Cell Manufactures

Table 53: Installed Cell Capacity in India

Table 54: List of Global Cell Manufacturers

Table 55: List of Silicon wafer Manufacturers – Global

Wish to take our assistance for a high-quality Solar Cell DPR?

send a note to consult@solarmango.com  Or  Call Dharini 7358263274

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