Improvement in bifacial technology, falling cost premium over monofacial modules and growing industry experience are finally leading to large scale adoption of bifacial modules in India. LCOE gain for bifacial modules over monofacial modules with fixed tilt structures and single axis trackers is estimated at about 1% and 6% respectively.

Based on actual field studies, bifacial modules with single axis trackers can deliver CUF gain of 475-490 basis points and specific yield gain of 25-27% over monofacial modules in fixed-tilt mode.

Figure: P75 CUF and yield estimates per MWp

This report covers bifacial module costs, various technologies, impact on various operating and financial parameters for solar projects and growth prospects.

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