ACME Solar

As Cancellations Surge, India’s Solar ‘Pipeline’ Drying Up

News from the much celebrated 2 GW auction of NTPC in 2018, where top developers had bid for prices as low as Rs 2.59 is not good. 70 percent of the capacity won by developers, namely, Acme Solar, Shapoorji Pallonji, and Azure Power, have opted out of the deal, citing regulatory delays. The option of […]

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Four ACME Solar Subsidiaries Gain Partial Wins in CERC Order

In its latest order, CERC has ordered partial relief to four ACME Solar subsidiaries in their petitions against NTPC and a host of southern power Discoms. In its latest order, the Central Electricity Regulatory Commission (CERC) has ordered partial relief to four ACME Solar subsidiaries in their petitions filed against NTPC and a host of […]

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Will ADITYA Succeed Where UDAY failed?

Based on the stories that have come out so far, the following aspects of the proposed new scheme to clear India’s discom mess have emerged. Called ADITYA (Atal Distribution System Improvement Yojana), the new scheme could be announced as early as February 1, with the union budget presentation. First, the scheme will reward performing discoms […]

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Top 10 Solar Companies in India

What has taken on earth today as a curse is the changing global warming scenario. Solar companies in India have taken the trunk on shoulder to make it a better place to live in future. Solar companies in India are today a GW worth. With making huge success in utility, commercial and home installations, solar […]

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High Financing Cost Biggest Part of Renewable tariffs-CEEW

New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW,  a respected organisation in the space, serves to […]

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Tariffs Drop to 2.48/kWh in SECI’s Rajasthan 750 MW (Tranche-I) Auction

SECI has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. The Solar Energy Corporation of India (SECI) has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. According to the […]

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CERC Provides Relief For ACME Solar, Accepts Safeguard Duty as Change in Law

ACME Solar to get compensated for additional costs incurred in the development of two solar projects due to the levy of Safeguard Duty. The Central Electricity Regulatory Commission (CERC) has in its latest order provided respite to solar power developer (SPD) ACME Solar, after the company filed two petitions with the commission, seeking approval for […]

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April 17 Killer Storm hits Bhadla Solar Park too, as Developers Count Damages

The Bhadla Solar Park, the showpiece solar park in Rajasthan, seems to have been hit significantly by the storm on April 17. Risks to Solar Installations from natural causes are an ever present one, and something most firms try to hedge against by way of quality of construction, insurance and a prayer perhaps. At Bhadla […]

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Govt To Blacklist CSUN Over Failure To Meet Contractual Commitments

The Indian Government has plans to blacklist China Sunergy (CSUN), as the Chinese solar module supplier has failed to meet its contractual obligations with local project developers, new and renewable energy secretary Anand Kumar said. This is the first time that the ministry is considering such a step against a foreign solar equipment supplier. “We will soon issue […]

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