Policy

CERC revises capital cost of Solar PV projects to Rs. 8 Crores/MW for FY 2013-14

The Central Electricity Regulatory Commission(CERC) released the new benchmark capital cost for Solar PV plants on 25th October 2012. The cost has been reduced to Rs. 8 Crores/MW(~$1.5 Million/MW) for the year financial year(FY) 2013-14. In the not so distant past, i.e., for the FY 2009-10, the benchmark cost was Rs. 17 Crores/MW which represents […]

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Solar PV – Bankruptcies, warranties and implications for Indian project developers

1. “Will PV prices continue to fall forever?” 2. “What will happen to the 25 year warranties provided by PV manufacturers that have gone/will go bankrupt?” These were some of the important issues raised by Mr. Sunil Gupta, Global Head of Technology & CleanTech at Standard Chartered Bank, Singapore in his presentation at the Intersolar

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The emerging contours of the JNNSM Phase 2

The much anticipated policy for the Phase 2 of the Jawaharlal Nehru National Solar Mission(JNNSM) by the Ministry of New and Renewable Energy(MNRE) is expected to be released in December 2013. Mr. Tarun Kapoor, Joint Secretary of MNRE, announced this during the opening ceremony of the Intersolar India 2012 conference on 5th November 2012. According

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Rooftop PV – A revolution brewing in India?

After being in the shadows of large ground mounted systems during the first 3 years of the JNNSM, rooftop PV has started capturing the attention of policy makers across the country. With the announcement of Generation Based Incentives(GBI) by Tamil Nadu for residential rooftop PV systems, the real “mainstreaming”of PV is happening. It is not

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TN Solar Policy – Residential Consumer’s Perspective

Tamil Nadu recently announced its solar policy. Madhavan Nampoothiri, Director of RESolve, had covered the highlights of the policy in an earlier blog post. While the policy is quite ambitious, there are several issues that need to be addressed. In this post, we examine the attractiveness of the Generation Based Incentive(GBI) for rooftop PV system,

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Tamil Nadu Solar Policy Released- The Most Ambitious State Policy Till Date…

The great solar(gold) rush moves to Tamil Nadu. The state, reeling under massive power cuts of upto 16 hours every day in many parts of the state caused by lack of enough generation capacity, has resorted to Solar in a big way.This most anticipated policy plans to achieve its targets of 3000 MW in 3

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