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Both China’s launching tradable green certificates and Japan’s replacement of its Feed in Tariff (FiT) scheme with an auction mechanism shows that the cost of renewable power generation has become more and more competitive to that of fossil fuels. Solar will continue to survive with less dependency on subsidy in the near future. At the […]
Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]
According to a report released by consulting firm Bridge to India, India is expected to reach an installed solar capacity of 20 gigawatts by the end of the present financial year (2017-18). This was the initial target under the National Solar Mission for March 2022, which was later updated to 100 gigawatts. The current utility […]
Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […]
India is poised to achieve a growth rate which is projected to trigger a major rise in energy demand due to demographic expansion, increasing urbanization and rising demands for mobility. By 2022, India targets solar power installation of 100GW, which is an ambitious target and requires a quantum four-fold growth in the sector. India’s total […]
Power Minister chairs Curtain Raiser Ceremony for Global Renewable Energy Investors Meet and Expo (RE-Invest 2017) and Founding Ceremony of ISA Union Minister of State (IC) for Power and New and Renewable Energy (NRE), Shri R.K. Singhchaired a Curtain Raiser ceremony, held here today, to inform that the 2nd edition of the Global Renewable Energy […]
Funds raised from the IPO will be used for setting up this 200 megawatt project. This seems to be a very smart move on the part of the company, as raising debt with such a low tariff would have been a major challenge even when the off-taker is a government entity like NTPC Limited. One […]
In addition to these six recent projects, Array is also providing trackers for three projects in New South Wales, Australia – Parkes (66 MW), Griffith (36 MW) and Dubbo (28 MW). Array Technologies has announced use of the company’s award-winning DuraTrack HZ v3 trackers in six new Australian solar projects. The projects, scheduled for commercial operation in […]
Who would ever expect a country with generations naively leaned towards fossil fuels and struggling to lighten up their houses will be blessed with solar power. Sounding like intercession, today, a livelihood is well upholstered to arrogate a technology-driven life. Apparently, the black smut coal field where nourishment of human-kind was painted black has open-armed […]
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