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Solar Revenue

State distribution companies (discoms) are biggest obstacle on open access for solar power

Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […]

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Solar Photovoltaic Material Market to Reach US$ 19,607.5 Mn by 2024: Transparency Market Research

Transparency Market Research in its new report forecasts the global solar photovoltaic material market to reach US$ 19,607.5 Mn by 2024, expanding at a CAGR of 11.4% between 2016 and 2024. The solar photo-voltaic material market was valued at US$ 7,557.8 Mn in 2015. Solar photovoltaic materials are the material that is used in manufacturing […]

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Global Solar Investment to be Higher than Coal, Gas and Nuclear Combined in 2017: Frost & Sullivan

Frost & Sullivan forecasts the global solar investment to be higher than coal, gas and nuclear combined in 2017. With prices for both solar and wind continuing to decline, renewable investment keeps booming at the expense of traditional power generation. Lower project costs and continued regulatory support for renewable energy in key markets will see […]

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MNRE issues guideline Tariff Based Competitive Bidding Process to increase affordability of Solar Power

The guideline for Tariff Based Competitive Bidding Process has been issued by MNRE under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement of electricity by the ‘Procurers’ Ministry of New & Renewable Energy (MNRE) has issued Guidelines for tariff based competitive bidding process for procurement of power from grid connected […]

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Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs

The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […]

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MNRE Drafts New Guidelines on Solar Power Procurement

Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […]

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Increasing Use of Advanced Materials and Emerging Solar Technologies to Propel the HAPS Market: Technavio

The global HAPS market will post a CAGR of 14% during the forecast period. A major driver that propels the growth of the global HAPS market is the cost effectiveness of HAPS as well as their long-endurance and augmented flight range capability. Technavio in its latest market report on the global high-altitude pseudo satellites (HAPS) […]

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SOLAR AND PAPER INDUSTRY ALIGNED

The paper industry in India has become more promising as the domestic demand is on the rise. Increasing population and literacy rate, growth in GDP, improvement in manufacturing sector and lifestyle of individuals are expected to account for the growth in the paper industry of India. Notwithstanding, paper sector is one of the most energy-critical […]

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Etrion Completes 9.5 MW Aomori Solar PV Project in Japan

The Aomori solar project was built in collaboration with Japanese company Hitachi High-Technologies. The solar PV project is expected to produce approximately 10.7 GWh of solar electricity. Etrion Corporation, a solar independent power producer has completed construction of 9.5MW utility-scale solar PV project in Japan, and connected to the grid the remaining two sites of […]

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