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Wintery Breath Clouding The Sunny Solar Sky!

Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […]

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India’s Solar Capacity Addition Slow in H1 2018: Experts

Consulting firm Bridge To India’s latest report says that solar capacity of utility scale witnessed an addition of 1.2 GW in the said period. The unpredictability in the solar industry caused by fluctuating tenders, lackluster response to auctions coupled with the issues related to GST and safeguard duty have caused a slowdown in the July-September […]

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New Braunfels Utilities Signs One of the Lowest PPA in the USA

A municipally owned utility in Texas, New Braunfels Utilities has signed a 15 year contract with Engie-affiliated Long Draw Solar for $25 per megawatt-hour. New Braunfels Utilities has signed one of the lowest power purchase agreement in the United States and the lost one in the state of Texas. A municipally owned utility in Texas, […]

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Tariff Putting a Dent on the US Solar Industry

The report also mentioned that 9000 jobs mainly in construction or engineering were either not added, or lost due to the tariffs. The ongoing trade dispute between the United States and China has put a dent on the Solar Industry in the US according to a new report from the Solar Energy Industry Association and […]

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MNRE asks State Utilities to Issue Wind, Solar Tender

With most states falling behind their renewable purchase obligation (RPO) targets, MNRE has given out these instructions to state power utilities. Ministry of New and Renewable Energy (MNRE) has instructed state power utilities to issue tenders for solar and wind energy instead of depending on central agencies for meeting their renewable targets. With most states […]

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Year End Review 2018 – MNRE

India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […]

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SB Energy, Adani Green Win 840 MW at SECI’s Hybrid Auction

SB Energy has won the project at Rs 2.67 per unit of electricity generated while Adani Green Energy won at Rs 2.69 per unit at the auction. In the Solar Energy Corporation of India’s (SECI’s) first wind-solar hybrid auction of 1,200 MW capacity, SoftBank-backed SB Energy and Adani Green Energy won 450 MW and 390 MW respectively. Further, […]

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Tariff Drops Further in Uttar Pradesh Solar Project Auction

The lowest price for the bid was quoted by National Thermal Power Corporation at Rs 3.04 per unit; NTPC won 85 MW of the capacity. A commissioning deadline of 21 months has resulted in refreshingly low winning tariff in an solar project auction by the UP New and Renewable Energy Development Agency (UPNEDA). The 500 […]

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Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch

The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […]

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