Solar

Subsidies to “neutralize” the effects of Solar Anti-Dumping Duties proposed

Smt. Nirmala Sitharaman, Ministry of Commerce & Industry, informed Rajya Sabha that the anti-dumping duties collected from the importers could be recycled back into the system in the form of additional subsidies to the project developers to negate the impact of Anti-dumping Duties(ADD). It is in a way reimbursing the additional cost incurred by developers while […]

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REC Trading – July 2014 : Solar REC Trading increases 4 times but inventory increases to all time high

With the state electricity regulators continuing to be unwilling or unable to enforce RPOs, the REC trading for July 2014 continued to be anemic. The MNRE and the regulators conducted a meeting earlier this month about ways to revive the RPO and REC mechanism, but other than adding one more complexity by the name Renewable

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Uttar Pradesh Solar – RfP for allotment of 300 MW released; Deadline – Sept. 8, 2014

The Uttar Pradesh New and Renewable Energy Development Agency, (UPNEDA) has released Request for Proposal(RfP) towards allotment of 300 MW of Solar PV Power proejcts under the state’s Solar Power Policy 2013. It may be recalled that UP had conducted an allocation process for 200 MW in March 2013 and entered into a Power Purchase Agreement(PPA)

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JNNSM – Draft guidelines for selection of 1500 MW of Solar Projects released; DCR reduced

The MNRE has sought comments from stakeholders on the JNNSM Phase 2, Batch 2 selection process by 23rd July 2014. It may be recalled that the Ministry had announced its intention to start the bidding process in July/August 2014(details here). The selection process reverts to the “Bundling” mechanism used in the Phase 1 of the

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Karnataka Solar – Financial Bid results for 50 MW announced, Azure lowest bidder @Rs.6.66/kWh

Azure Power has emerged as the lowest bidder in the tender for allocation of 50 MW in Karnataka which was initiated in April 2014(More here). Other winners include KK Rao Engineering Works(3 MW), Bhadresh Trading Corporation(10 MW), Dosti Realty(10 MW), Interocean Shipping India(3 MW), Sharda Construction and Corporation(4 MW) and Emami Power(10 MW). The unsuccessful

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SECI Rooftop PV programme – Phase IV bidding; Tata Power Solar, ReNew Power and SunEdison major contenders

The Solar Energy Corporation of India(SECI) has released the list of bidders under the Phase IV of the Solar PV rooftop programme. Since L1 bidding process was used for selection of bidders, the non-L1 bidders have been given time till 21st July 2014 to match the L1 prices. SECI had released the RfS for allocation

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Budget 2014-15 : What is in it for the Renewable Energy sector? – An Analysis

By now, most of you would have read about the announcements related to the renewable energy sector made in the budget. While the headlines like “Rs. 1,000 Crores for solar projects” sound impressive, what is the real impact of these incentives? Here is a look at some of the incentives announced, and what they mean.

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No Solar Capacity Addition in April and May 2014 – MNRE

The first two months of the first Quarter of the financial year 2014-15 have been very quite. According to the Ministry of New and Renewable Energy(MNRE), only 130 MW of new grid-connected renewable energy projects were commissioned in India during April and May 2014. Incidentally, all of the capacity added was in the wind sector,

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REC Trading – June 2014 – Nonsolar REC trading almost quadruples

The REC trading session for the month – June 2014 concluded yesterday. The major story last month was the booming solar REC trade numbers which indicated growing interest in solar REC. However, solar REC trading dropped by about 22% this month compared to last month’s numbers. While the drop in solar REC trading is disheartening,

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