Author: Prasanna Singh

Do Tesla’s Battery Day Announcements Signal Massive Acceleration for EV’s?

On September 23, as Founder and CEO Elon Musk made a slew of announcements regarding the future prices of its models, fresh new battery technology, and even new manufacturing breakthroughs, he signaled a massive change for the EV category, yet again. Should he be taken at face value, or is this yet another way to […]

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How World Record Low Solar Prices Moved Out of India

Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […]

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CERC Shutdown- Government Plans Review petition With SC?

The Central Electricity Regulatory Commission, which had effectively been shut down for September following a Supreme Court order, might yet start functioning a little sooner, with the government set to file a review petition, according to reports. We had reported how, since the order on August 28 last month, when the Supreme Court asked the […]

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SECI Fails To Wriggle Out of MERC Jurisdiction. Faces MSEDCL Claims for Damages

In an order with possibly far reaching consequences for SECI (Solar Energy Corporation of India), the Maharashtra Electricity Regulator (MERC) has opted to place the central government undertaking on the dock, for a claim brought in by MSEDCL (Maharastra state Electricity Distribution Company Limited). MSEDCL’s main complaint against SECI, which it opted to bring before […]

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Curtailment Or Grid Stability. APTEL Plays Safe in Tata Renewables Plea

In an order pronounced on September 11, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of an APERC order that allowed the Andhra Pradesh State Load Despatch Centre to curtail power from wind energy developers. The curtailment had been done citing grid stability issues, as the transmission line evacuating the power produced was […]

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Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake

Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […]

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Access To Capital Markets Becoming a Glaring Gap For Indian Solar Firms

This week, Suzhou, China-based GoodWe inverters celebrated its listing on the Shanghai stock market, coincidentally on its 10th anniversary. For the well-known inverter firm, the pubic listing is an obvious matter of pride, besides the huge new opportunities it opens up for it.  “The IPO marks the beginning of a new chapter,” said Daniel Huang, […]

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