SEMI (Semiconductor Equipment Materials International)/PV Group, the leading industry association serving the photovoltaic supply chain, organized a panel discussion to discuss its public policy principles on Feed-In Tariffs and their relevance to the Jawaharlal Nehru National Solar Mission (JNNSM).

A SEMI/PV Group White Paper on Policy Principles and Recommended Global Best practices for Solar Feed-in Tariffs, titled ‘Advancing a sustainable Solar Future’ along with comments on its relevance to the Indian context was also unveiled.

The white paper focuses on best practices for promoting feed-in-tariffs (FITs) as a mechanism to advance solar energy in markets. FIT is currently now in practice in over 30 countries and has been present for over 20 years in mature PV markets. FIT is also an effective and versatile mechanism and can be successfully integrated with any country’s existing policies.

The best practices and characteristics of FITs outlined in the White Paper include support for technology differentiation, setting of generation cost-based rates, fair purchase and interconnection requirements, use of fixed price and long term payments and the use of predictable incentive declines.

The session addressed results of a global survey of FIT policies, drawing of comparisons between the global survey and recommended FIT practices, key comparisons between the JNNSM and global FIT best practices, current status of the Mission and the importance of its successful & effective implementation for the growth of solar/PV in India.

SEMI India is also organizing, for the second consecutive year, SOLARCON India 2010, the premier international solar energy focused industry event, at the Hyderabad International Convention Centre, Hyderabad from 28 – 30 July 2010.

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