Solar PV

Karnataka Solar – KREDL releases list of bidders; 8 Developers Pocket 500 MWs

3 developers – SunEdison, Azure and Welspun together bag more than 75% of the total 500 MW that was put up for bidding by Karnataka Renewable Energy Development Ltd(KREDL). While 30 developers had placed a total of 68 bids, only 8 bidders won. Interestingly, 13 bids were sub – Rs. 7/kWh mark, and only 3 bids were […]

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Andhra Pradesh – Bids totalling 1291 MW vs 500 MW allocation capacity; Welspun bids for 345 MW

FirstSolar emerges as the lowest bidder(Rs. 5.25/kWh and Rs. 5. 350/kWh for 40 MW projects each) towards allocation of 500 MW of solar projects in Andhra Pradesh. A total of 49 qualified bidders bid for 63 projects with a total quoted capacity of 1291 MW. The “First Year Quoted Tariff” distribution is given below. (Please

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Andhra Pradesh Solar – List of Bidders for 500 MW projects released

Transmission Corporation of Andhra Pradesh Limited(APTRANSCO) has released the list of bidders who had submitted their applications in response to the Request for Selection(RfS) of 500 MW projects(details of the RfS available here). The list does not include the capacity of the individual projects or the details of the substations preferred by the bidders. The

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Interviews With Solar Industry Stakeholders

As a part of Intersolar India‘s knowledge dissemination initiative, this year I had the opportunity to interview several key solar industry stakeholders including Mr. S.R. Mohanty, Principal Secretary, Government of Madhya Pradesh, Mr. Rakesh Khanna of SMA Solar, Mr. Mathew Segal of Trojan Batteries and Mr. Shaibal Ghosh of Waaree Energies. (Last year’s interviewees included

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MNRE announces intention to add 15 GW by 2019; releases draft guidelines for selection of 3000 MW solar projects

The MNRE proposes to add 15 GW in 3 tranches through NVVN in the Phase II, Batch II of the JNNSM and has released the draft guidelines for the selection of projects totaling 3 GW under the state specific scheme. Under the Part 1 of Tranche I, 1000 MW is proposed to be set up

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Solar REC prices proposed to be cut by about 60%; Vintage Multipliers to be introduced

The Central Electricity Regulatory Commission(CERC) has finally come up with a solution to revive the dysfunctional solar REC markets by addressing the biggest challenge – the high price band for Solar RECs.(The inventory of RECs – non-solar and solar – crossed the 1 Crore mark at the end of the last trading session on September

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Delhi Solar – DERC releases detailed guidelines for implementation of net-metering systems

The Delhi Electricity Regulatory Commission(DERC) has published the implementation guidelines for net-metering systems. It may be recalled that the DERC had notified the regulations for Net Metering on September 2, 2014(more details here). Some of the highlights are reproduced below. a. Distribution Transformer level capacity to be offered for Connecting Renewable EnergySystem for Net Metering

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Tamil Nadu – Power Tariffs proposes steep electricity tariff hike for bridging revenue gap of Rs. 6,854 Crores

The Tamil Nadu Electricity Regulatory Commission, which has been very active of late(having passed the solar tariff order and the order on declining to approve the Tamil Nadu solar bidding process), has proposed electricity tariff hikes. Stakeholders have been given time till 23rd October 2014 to submit their views on the same. The Chief Minister

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REC Trading(Sept’ 2014) – Unsold RECs inventory crosses 1 Crore: Equivalent of Rs. 1800 Crore

I don’t know which one is a bigger farce – the REC mechanism, or me writing month after month about the REC trading, but I am inclined to believe that the first option is the bigger farce. With that out of the way, here comes the details of the REC trading for this month. As

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Tamil Nadu Solar faces setback – TNERC declines to approve purchase of 708 MW of power

“The bidding process conducted by TANGDCO for the purchase of 708 MW of solar power from 52 developers has no legal sanctity”. This is the gist of a landmark order passed by the Tamil Nadu Electricity Regulatory Commission(TNERC) on 15 September 2014, according to “The Hindu”. The report by The Hindu says that TNERC ruled

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