SUBSCRIBE NEWS LETTER

Bridge to India

REI 2016 – The Countdown begins for South Asia’s Biggest Renewable Energy Trade Expo

South Asia’s leading Renewable Energy Trade Expo by UBM India, Renewable India Expo 2016 (REI) to kick-off from September 7-9, 2016 at the India Expo Center, Greater Noida. Expected to congregate 40 participating countries, house over 650 exhibitor, 1000 + Delegates and attract over 25,000 visitors – in its flagship 10th anniversary of the event […]

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Ministry of Power Raises RPO Trajectory for both Discoms and States

Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […]

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Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years

Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […]

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SECI asks World Bank to finance 50% of it solar projects

The Solar Energy Corporation of India (SECI) set up originally to help the growth of solar power in the country by holding auctions and promoting projects under the Jawaharlal Nehru National Solar Mission, is now going ahead with plans of developing a second suite of PV projects in India claims a report. According to ET […]

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U.P Solar Auction Goes to Adani Power and Azure Power

Adani Power and Azure Power have won the most recent auction for solar energy ventures with offers of Rs 4.78 per unit, which is higher than the previous month record (Rs 4.34 per unit). Prayatna Developers, a division of Adani Power and Azure Power have been assigned 50MW at the same cost. In the past […]

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MoP Advises REIAs To Co-Locate ESS With Solar Plants In Upcoming Tenders

The Ministry of Power (MoP) has released an advisory on the co-location of energy storage systems (ESS) with solar plants. Its latest advisory aims to incorporate a minimum of a 2-hour co-located Energy Storage System (ESS) equivalent to 10% of installed solar capacity in future tenders. The notification stated, “This requirement will help mitigate intermittency […]

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Green Stocks Feb 18: Bottom Fishing To Emerge Soon In RE Stocks?

With no respite for the market in a volatile trade environment, green energy stocks continued to be buffeted by the winds from the US. A lot of what US President Donald Trump has already proven to be hot air, but the sheer impact of the US remains large enough to shake up global markets. India […]

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