Markets

JNNSM Phase 2 – Official List of Winners Of 750 MW Of Batch 1 Bidding From SECI

SECI has released the official list of winners. The 750 MW of projects were split between 22 projects in Part A(DCR) and between 25 projects in Part B(Open). The average size per project in Part A and Part B are 17 MW and 15 MW respectively. The total VGF outgo for the Government of India …

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Off-grid Solar PV’s role in expanding Energy Access, and Trade related challenges

More than 1 Billion people world over do not have access to quality electricity. Of these, nearly 800 million people live in Asia, while about 630 million people live in Africa. India alone accounts for about 400 million people who lack access to electricity or good-quality primary energy sources. How can off-grid Solar PV reduce energy poverty …

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India adds 1004 MW solar capacity in 2013 and Wind capacity crosses the 20 GW mark – MNRE

According to the data released by the MNRE today, India’s cumulative grid-connected solar installed capacity(PV+CSP) stood at 2,180 MW as of 31 December 2013. This translates to an addition of 1,004 MW in the calender year 2013. Wind installations crossed the 20 GW mark in November 2013, and stood at 20,150 MW at the end of 2013. The total …

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REC Trading November 2013 – Solar REC trade drops; Non-Solar REC trade doubles

In the REC trading for the month of November 2013, the trade volume of non-solar doubled from the previous month and touched an all time high this year.However, Solar REC sales dropped by 22% from October 2013. Both non-solar and solar RECs were traded at their floor prices(Rs. 1500/REC and Rs. 9300/REC respectively) in both …

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India Solar – No solar generation capacity addition in October 2013 : MNRE

As per the latest update from MNRE, only 72.25 MW of renewable energy capacity was added in October 2013. No solar projects were commissioned in the month, while 52.25 MW of Wind and 20 MW of Small Hydro capacity was added. Overall, 881 MW of Wind and 394 MW of Solar capacity has been added …

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REC Trading October 2013 – Non-solar REC trade triples; Solar REC posts 28.4% growth

The REC trading for the month of October that took place on 30th October 2013. The trading of both non-solar and solar RECs showed marked improvement from previous month. The details of the trading are as follows Non-Solar The sale of non-solar REC increased by 3 times from the previous month, but it was still …

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Renewable Capacity – Solar and Wind Capacity additions drop marginally in September 2013

As per MNRE, 111.13 MW of grid connected solar and 7.13 MW of off-grid solar capacity were added in September 2013. This data, which was released within a week of releasing the data for August 2013(click here), shows that the total grid-interactive power reached a total of 2080 MW. This represents a minor drop in …

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REC Trading – September 2013 – Solar Gains

REC trading for the month of September 2013 concluded on Wednesday. The trading statistics indicate that there has been a gain in the volume of solar RECs traded in the month while the abysmal trend associated with the non-solar REC segment continues with the supply-demand gap widening every month. Non-Solar RECs Following the hammering that …

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