Two very interesting news items caught my eyes and reinforced a trend that is becoming strong. The first news came last week, and was about MEMC’s announcement that it is planning to change its name to SunEdison. The company’s filing to the Securities and Exchange Commission in the US says that “This name change does […]
Suntech, the largest manufacturer of PV modules just about a a year back in 2011, has defaulted on its convertible notes. New York Stock Exchange(NYSE) listed Suntech is likely to be taken over by the municipal government of Wuxi, China as per New York Times. Suntech is not the only Chinese company to be in
Solar PV Manufacturing – The bloodbath continues : Suntech the latest victim Read More »
Continuing with their undertaking, MNRE has published a list of Capacity Utilization Factors (CUFs) for the various power plants under the RPSSGP scheme as well as the CUF under the JNNSM batch 1 (data from NVVN) for the month of February 2013. The previous blog on this (for the period October 2012 to December 2012)
MNRE releases Solar Performance Data for February 2013 Read More »
Punjab had set a target of 1000 MW solar power generation capacity in the ‘New and Renewable Sources of Energy (NRSE) Policy –2012’ released in December 2012. (The policy can be downloaded here). Punjab follows Karnataka, Odisha and Bihar in releasing RfPs in the last few weeks. As part of that of the Phase 1
Punjab Solar – RfP for 300 MW grid connected PV projects released Read More »
The TNERC had issued an order related to the Tamil Nadu Solar policy. This order follows the comments and feedback the TNERC received for its consultative paper on the policy(The consultative paper can be accessed here). The order covers the following areas a. Solar Purchase Obligations(SPO) – the order clarifies on the RPO obligated entities,
Tamil Nadu Electricity Regulatory Commision issues order on Net metering in Tamil Nadu Read More »
After weeks of suspense, 29 developers will be issued Letters of Intent for a total of 226 MW. The Hindu reported this today, and the report says that the board of Tangedco Board of Directors have approved this selection. It may be recalled that bids were received for a total of 499 MW and the
Tamil Nadu Solar – 226 MW to be commissioned by January 2014 Read More »
Karnataka is the latest state to release an RfP for allocation of projects totaling 130 MW. Karnataka follows Tamil Nadu, Andhra Pradesh, Rajasthan, Bihar and Odhisha in releasing an RfP. Unlike most of the recent tenders, Karnataka has not opted for L1 process for project allocation. Instead, it will be similar to the reverse bidding
Karnataka Solar – RfP for 130 MW released ; No L1 process Read More »
The financial bids for project allocation under the Andhra Pradesh Solar Policy were opened yesterday. It may be recalled that there was an over subscription of the bids. The Hindu Business Line has reported that the lowest bid(Rs. 6.52/unit) was by Essel Mining and Industries Ltd., which is part of the Aditya Birla Group.According to
Andhra Pradesh Solar – (Updated) Lowest bid at Rs. 6.49/kWh by Sunborne Energy Read More »
The Odisha state government, through OREDA (Odisha Renewable Energy Development Agency) today floated a tender for 25 MW of solar capacity to be installed in the state in continuation of the state’s pursuit of adding solar capacity to its renewable energy portfolio. The state had floated two other tenders earlier for 25 MW each. The
The REC trading for the month of February concluded on the 27th of the month. Given below is an overview of the trading. Non-Solar RECs The non-solar REC segment continued its poor showing. The prices remained flat at Rs. 1500 (floor price) across both trading platforms. The number of buy bids also dropped by about
