Solairedirect has once again done it. After shocking the solar sector in 2011 when it won a solar project at the then lowest tariff of Rs. 7.49/kWh, Solairedirect has quoted the lowest tariff(so far) of Rs. 3.15/kWh in the bid for a 250 MW plan in Kadapa Solar Park in Andhra Pradesh.(The list of solar […]
Kadapa Solar Park – Solar Tariff Touches a new low of Rs. 3.15/kWh Read More »
The Ministry of Power has announced on April 2, 2017 that Mizoram became the 27th State to join UDAY(Ujwal DISCOM Assurance Yojana). Mizoram follows 3 states – Kerala, Arunachal Pradesh and Tripura that joined UDAY at the end of March 2017. UDAY (Ujwal DISCOM Assurance Yojana) was launched in November 2015 with the objective of financial turnaround
4 More States join UDAY Scheme – Total Number of States in UDAY increases to 27 Read More »
The Central Electricity Regulatory Commission(CERC) has released the final order on the REC forbearance and floor prices for Solar and non-Solar RECs. This follows the draft order released earlier in March 2017(more here) and the subsequent feedback from the industry stakeholders. The new price range, effective from 1st April 2017 till further notice, is as
Renewable Energy Certificates – Final price band released by CERC Read More »
Tamil Nadu Energy Development Agency(TEDA) has invited EOI for setting up a 500 MW Solar Park in Tamil Nadu. It may be recalled that Solar Parks are going to play a very crucial role in India achieving its target of 100 GW of Solar Installed capacity by 2022. Following the successful auction(successful from Government perspective)
Tamil Nadu invites Expression of Interest(EOI) for setting up of a 500 MW Solar Park Read More »
MNRE has released the benchmark cost for “Grid Connected Rooftop and Small Solar Plants Programme” for the year 2017-18. The revised costs are as follows. Upto 10 kWp – Rs. 70/Wp >10 kWp – 100 kWp – Rs. 65/Wp >100 kWp – 500 kWp – Rs. 60/Wp The details can be accessed here. _____________________________________________________________________________________________ Subscribe
MNRE’s Benchmark Cost for “Grid Connected Rooftop and Small Solar Plants Programme” Read More »
Forbearance price of Solar RECs is proposed to fall below that of Wind RECs in the revised tariff range for RECs with effect from April 1, 2017 as announced by the Central Electricity Regulatory Commission(CERC). Forbearance price of Solar RECs will be Rs.2500/MWh whereas the forbearance of non-Solar RECs will be Rs. 2900/MWh. The floor price
Renewable Energy Certificates – Solar REC prices proposed to be dropped by more than 50% Read More »
While the entire Indian solar industry went industry went into a tizzy regarding the Rs. 3.29/kWh Rewa bid, it is not the lowest bid in the world. That record goes to a September 2016 auction in United Arab Emirates, which was 50% lower than the Rewa bid. The reasons are mentioned in this source. While the
SECI conducted the reverse auction for Wind for the first time, and the tariffs dropped to Rs.3.46/kWh. This is lower than the lowest tariff(Rs. 4.16 in Tamil Nadu. Conditions apply 🙂 ). The implications for the Indian wind industry is quite huge. The industry so far(for better part of the last 20 years) has been
The Government of India has increased the installation targets for Solar Parks from the present 20 GW to 40 GW by 2020.(Two years ahead of the 100 GW target of 2022). Is the outstanding success(from MNRE perspective) of the Rewa bids,where bid prices dropped to Rs.2.97/kWh for the first year(more here), a trigger for this
Are Solar Parks the hedge vis-a-vis Solar Rooftop PV? Read More »
The Tamil Nadu Generation and Distribution Corporation (Tangedco) had floated a tender for procurement of 500 MW of solar power and it had received bids for a total of 300 MW from 22 developers(earlier post here). The price bids were opened yesterday, and The Hindu newspaper(read here) has reported that the lowest bid is Rs. 4.40/kWh
