The Government of India earlier announced its approval for the implementation of the scheme for setting up 750 MW of solar capacity under the first batch of Phase 2 of the National Solar Mission. An estimated Rs. 1875 crores @ Rs. 2.5 crores per MW has been set aside to fund projects under the VGF […]
Rs. 1875 crores earmarked for VGF under phase 2 of JNNSM Read More »
The key challenges confronting Project Development in India can be broadly classified Policy and Regulatory Infrastructure Financing Implementation In an article that appeared in Intersolar India website, I have touched upon these key issues. The article could be a good starting point for prospective solar project developers. The developers who already have real-life experience will
APTRANSCO has issued an open offer from prospective project developers for development of solar projects in the state. It maybe recalled that Andhra Pradesh announced a solar capacity allocation of 1000 MW, but due to a relatively low tariff of Rs. 6.49/kWh announced by APTRANSCO, many of the developers lost interest in the state policy
When Solairedirect quoted Rs. 7.49/kWh for a 5 MW plant allocation under the Phase 1Batch 2 of JNNSM in December 2011, the news sent shock waves through the industry and it was thought at that time that the bottom price has been reached. But just when you think that the lowest bids under a solar
Karnataka Solar – Welspun, Azure, Astonfield among winners Read More »
In April 2012, I had the opportunity to present on the topic at an event in Germany about the reasons for dominance of Thin Films in India(view the presentation here) but there were already indications that Thin Film technology was losing momentum across the world at a significantly fast pace. Solyndra went bankrupt in August
First Solar+GE Vs Solar Frontier Vs Hanergy – The last men standing? Read More »
TNERC recently released a consultative paper which proposes to set the tariff for solar projects in Tamil Nadu. The consultative paper details the methodology involved in arriving at the tariff as well as the various assumptions that were made for the different variables in terms of cost for solar projects such as CAPEX, OPEX etc.
TNERC proposes Rs. 5.78 per kWh for solar PV projects Read More »
MNRE has announced the list of Channel Partners as of 01.07.2013. About 6 months back, we did an analysis of the channel partners and found some interesting details. For example, we found that in February 2013 that NCR region(Delhi, Gurgaon, Noida and Ghaziabad) had the highest number of channel partners(37) followed by Karnataka, Maharashtra, Gujarat,
Number of MNRE Solar PV Channel Partners decreases in June 2013 Read More »
Bihar State Power (Holding) Company Limited (BSPHCL) recently issued a RFP inviting eligible bidders to submit proposals for procurement of 100 MW of solar PV power. The projects are to be located in Bihar for which a PPA would be signed for a period of 25 years. Some of the important highlights and dates from
In their annual report released recently, the European Photovoltaic Industry Association (EPIA) have highlighted that the cummulative global solar PV installaed capacity has crossed 100 GW ending up a shade over at 102 GW. It has been estimated that 2012 saw the addition of 31.1 GW of new PV capacity (up from 30.4 GW in
MNRE had previously revised the benchmark tariff for offgrid systems in November 2012. Today, MNRE has come up with another revision for the benchmark tariff for off-grid systems. The most important change, in terms of small scale solar PV plants has been the downward revision of the benchmark tariff of these systems. PV systems (without
