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Budget 2020 and Renewables. An Evolving Story

In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […]

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Economic Survey 2019-20. Opportunity Ignored?

The Economic Survey for 2019-20 was presented by Finance Minister Nirmala Sitharaman today in parliament. The survey, which is taken as a useful indicator of government intent, though not always ability to take action, is notable for what it talks about, and perhaps worryingly, what it ignores. Thus, in a survey where there seems to […]

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Spain Closes 2019 With Nearly Half Renewable Energy Mix

According to data furnished by the REE, at the end of 2019, renewable energy represents nearly half of the total installed generation capacity in Spain According to data furnished by the Red Eléctrica de España (REE), a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, During 2019, the […]

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The Azure Power Investor Presentation for 2020-2025- Highlights

As one of the few firms that are publicly listed, the Inderjeet Wadhwa founded Azure Power, listed at the NYSE (New York Stock Exchange in October 2016), Azure Power commands a special cachet in the Indian solar sector. Unlike many of its peers, not only has it stuck to solar, but also narrowed its focus […]

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Clean Energy Flunks The Easy Financing Test

For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […]

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CERC Order Against Avaada Energy in 100MW Project Leaves Key Issues hanging

Last Week, in an order dated January 13th , 2019 the Central Electricity Regulatory Commission (CERC) ruled against Avaada Energy in a petition it had brought against SECI (Solar Energy Corporation of India). The order, while dismissing a plea by Avaada to stay the cancellation of a PSA (Power Sales Agreement) it had with SECI […]

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Huaneng Dongfang Power Plant: Intelligent for Three Years, Still Going Strong

Three years ago, the Huaneng Company and Huawei jointly digitalized the Dongfang Power Plant. As the first PV project to be digitalized, it is worth looking back to see how the new technology has bolstered performance. 20% Higher Energy Yield The project was initiated on June 30, 2016 for grid-tied power generation. It adopted the […]

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Waaree Breathes Easy As Bid for 184 MW Project Gets MERC Approval

Waaree Energies Limited (WEL), which had emerged as the sole bidder in the much postponed tender for 184 mw of solar power in Maharashtra can finally get started on the project. This follows the approval of its bid of Rs 3.05 per unit under the tender by the Maharashtra Electricity Regulatory Commission (MERC). The tender […]

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Panasonic India Aiming to Expand EV Charging Offerings

Panasonic India is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years and is also looking to expand its EV charging offerings Panasonic Corporation’s Indian subsidiary Panasonic Life Solutions India has announced that it is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years, with focus to become a leading […]

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