Solar

REC Trading – February 2014 – Solar trading increases by about 31%

The REC trading session for the month – February 2014 concluded today. The solar REC trade volume which had dropped significantly in the last month’s trading session has rallied this month with an increase of about 31% in traded volume compared to January 2014. Non-Solar RECs’ traded volume also showed modest growth with the traded […]

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Madhya Pradesh Solar – Renew Power, Today Homes among winners of 100 MW bids

The financial bids for allocation of 100 MW of solar projects in Madhya Pradesh were opened yesterday. 24 companies bid 38 projects for a total of  676 MW, and 6 companies walked away with the 100 MW of allocation. The winning bidders include Renew Power(bid for 50 MW, likely to get 30 MW), Today Homes

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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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SECI announces results of Financial Bid opening – Solairedirect, Azure, Sun Edison among winners

SECI had earlier released the list of qualified bidders with an announcement that the financial bids would be opened on 21st February 2014. The opening of the financial bids has now concluded and the preliminary results are available. A cursory glance at the results bring out some interesting facts. Some notable companies to bag allocations

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India Solar – Gujarat continues to lead with ~40% of the total installations; Rajasthan gets 70% of the JNNSM Phase 1 projects

The MNRE released the state-wise solar installed capacity under JNNSM and various other schemes as of 31 January 2014. Not surprisingly, Gujarat continues to be the Number 1 state with 860.4 MW out of the total installed capacity of 2208 MW in the country. The most interesting part is that all this capacity came through

India Solar – Gujarat continues to lead with ~40% of the total installations; Rajasthan gets 70% of the JNNSM Phase 1 projects Read More »

JNNSM Phase 1 plant performance data for January 2014 released by MNRE

MNRE released the performance data for plants under JNNSM for the month of January 2014. As usual, the projects are under 4 different sections. The details of each one is given below. (Note: Please click on the image to enlarge it) JNNSM Phase 1 Batch 2 JNNSM Phase 1 Batch 1 JNNSM Phase 1 Migration

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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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Tamil Nadu Budget 2014 – Rs.9000 Crores alloted for Green Corridor and other power sector initatives

In a move that has been widely welcomed in the state, the Tamil Nadu state government announced its plans to set up a green energy transmission corridor at a cost of Rs. 1,593 Crores. Apart from this, Rs. 5,400 Crores will be provided for tariff subsidy. The state government will also take over liabilities of

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TNERC proposes solar RPO of 2% in a bid to put TN solar policy back on track

The Tamil Nadu Electrcity Regulatory Commission (TNERC) in a notice issued yesterday has proposed to amend the solar component of the RPO under the Renewable Purchase Obligations 2010 to state that the solar component of the state’s RPO would be increased to 2% from 0.05% earlier. TNERC has specified that the total RPO enforced in

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