Solar PV

SECI announces clarifications to queries from stakeholders (JNNSM Batch 2)

The Solar Energy Corporation of Indian (SECI) had earlier released the standard PPA and VGF securitization agreement following which a pre-bid meeting was scheduled to clarify the details under the RfS as well as the PPA and VGF agreements. SECI has now released the clarifications to the queries raised in the pre-bid meeting. A highlight […]

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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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Solar O&M and PV Plant Design Optimization – Presentations from Intersolar India 2013

What causes the highest number of failure events in an operational PV plant? Which sub-system leads to highest loss of energy in a plant? These were the questions we asked in a survey of some of the top developers(Solairedirect) and EPCs(L&T, Tata Power Solar, Sterling & Wilson, etc) in the country,. Together, these companies manage

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SECI releases the standard PPA and VGF securitization agreement

The Solar Energy Corporation of Indian (SECI) released the standard PPA and VGF securitization agreement yesterday. Developers have been waiting for the VGF securitization agreement as the terms in it would affect the bankability of the projects. Some of the highlights from both the securitization agreement and PPA include Part commissioning of power plants is

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First Solar PV module performance in India higher than predicted – Sujoy Ghosh, First Solar

In an interview with Intersolar India, Sujoy Ghosh, Country Head, India, First Solar has shared that First Solar PV modules have been performing beyond expectations and that the CdTe thin film technology of First Solar has proved to provide more energy yield in Indian conditions as compared to polycrystalline technology. He attributes the higher yield

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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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Solar in India breaches the 2 GW barrier; Wind sector continues to stagnate

According to the latest updated by the MNRE, Solar in India has crossed the 2 GW landmark(grid-connected and off-grid systems combined). As of 31 August 2013, the total solar installed capacity stood at 2100 MW, out of which grid-connected solar capacity was 1969 MW and off-grid systems was 131 MW. About 130 MW of grid-connected

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