Author name: RESolve

Rajasthan Solar – RREC releases the list of 7 qualifying companies under the state policy

Rajasthan Renewable Energy Corporation Limited(RRECL) has released the list of 7 solar projects totaling 75 MW under the competitive bidding of the Phase 1 of the Rajasthan State Policy. The lowest price bid was Rs 6.45 /kWh(Click here for more) and the state followed an L1 bidding process, which meant that all the developers had

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Residential Solar PV systems and higher electricity bills

I came across a very interesting article about a scenario in which putting up a solar system actually leads to increase in electricity bill. I am sharing some excerpts below, and I feel that this is an important topic to address. “Recently with the prices of Solar Panels becoming affordable, people have started using Solar

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Solar Rooftops – Sun Edison, Azure and Thermax win 5.5 MW project allocation by SECI

Solar Energy Corporation of India(SECI) has released the list of successful bidders for the cities of Bangalore, Chennai, Delhi and Gurgaon. The bid received very enthusiastic response(our earlier blog is available here) for the proposed 10 MW rooftop PV project allocation in 6 cities(click here for details of the RfS). However, SECI has announced the

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Smart Power Management during islanding condition

With the expected growth of rooftop PV systems, net metering and the export of power to the grid, inverters will play a very crucial role in the future. My colleague,Giridaran Srinivasan wrote this article for the UK based magazine, Global Solar Technology, and it deals with the challenges in India for grid-tie inverters, especially during

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REC Trading – March 2013 – Solar REC hits Forbearance Price

REC trading for the month of March 2013 concluded early this week. It is important to note that March marks the end of the compliance year (2012-13) and this has had significant impact on the trading statistics seen this week. The trading data for the month is provided below.  Non-Solar RECs As we hit the

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Great insights from the Report on the Rating of State Electricity Distribution Utility Companies

    The Ministry of Power(MoP) has released its First Annual Integrated Rating of the State Electricity Distribution Utilities. The ratings were carried out by the rating agencies- ICRA Limited and CARE. In total, 39 state utilities from 20 states were rated and the utilities from Gujarat came on top with excellent ratings whereas the

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Renewable Capacity Addition Update – February 2013

MNRE updated their list of installed renewable energy capacity with details of the capacity addition made during the month of February 2013. The total installed capacity grew by 374.43 MW to reach a new high of 27,294.46 MW for grid connected renewable energy systems. Interestingly, the largest contributor to capacity additions for the month was

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