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Stable Prices for Lithium Could be Good News for India’s EV dreams

From predictions of prices that would slow down battery development in 2016, to the reality of an almost 50% price drop in 2018, Lithium has been too volatile for comfort. The good news is, the prized metal, on which many EV plans hinge, might just be settling in for a period of stability. Lithium, ever […]

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Increased Demand For Solar Panels Pushing Up Solar Prices

At a time when price drops are taken for given in the long term, researchers from the University of Kent warn that high solar panel demand could lead spike in silver prices, with production costs soaring in the future. According to the researchers from Kent Business School, the rising demand for solar panels is pushing up […]

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Rising Oil Prices. The Good And Bad for Renewables

Typically, sector enthusiasts for renewables don’t mind higher oil prices, as it helps make the case for renewables stronger. In fact, some of the biggest investments in EV’s were made when oil prices were threatening to spike to $75 plus levels. The situation is a lot more complicated today. As things stand, the renewables economy […]

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Azure Prices its Public Offering of 1.48 Cr Equity Shares at $12.50 Per Share

As part of this offering, the company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 equity shares at the public offering price, less underwriting discounts and commissions. Azure Power Global (Azure Power) has priced its underwritten public offering of 14,800,000 equity shares (offering) at a public offering price of […]

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Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India

Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […]

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Renewable Equipment Prices Expected to Fall Further: R K Singh

The per capita consumption of energy is about one 6th of Europe and one 12th of USA. Energy consumption is not going to double or triple but it will be over four times. That is how the rate of growth of energy consumption will be in India. Exuding confidence that energy consumption will rise over […]

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Upward trend in imported PV module prices to affect recent solar projects: ICRA

The imported photovoltaic (PV) module price has been rising over the last 3-4 months, up by about 15 per cent, to 35-37 cents per watt in August, from about 30-32 cents in May The upward trend in imported photovoltaic module prices is likely to affect viability of recently awarded solar projects, rating agency ICRA said […]

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Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra

“An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […]

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