REC trading for the month of September 2013 concluded on Wednesday. The trading statistics indicate that there has been a gain in the volume of solar RECs traded in the month while the abysmal trend associated with the non-solar REC segment continues with the supply-demand gap widening every month. Non-Solar RECs Following the hammering that […]
Rajasthan Renewable Energy Corporation Limited(RRECL) has released the RfP for the selection of 50 Solar PV plants of 1 MW(AC) to be connected on 11 kV level at 33/11 kV Discom’s substation in the state. This follows the allocation of 100 MW of projects in February 2013(More details of the earlier bid is here). Some
Rajasthan Solar – Request for Proposal issued – 50 Plants of 1 MW each to be allotted Read More »
Last week, Tamil Nadu Generation and Distribution Company (Tangedco) held extensive meetings with solar project developers in Tamil Nadu who have been issued LOI. The result of the meetings has been that the Power Purchase Agreements(PPA) between the developers and Tangedco is likely to be signed before end of October 2o13 and the work project
After allotting rooftop projects in 2 phases(details of Phase 1 and Phase 2 can be accessed here and here), the Solar Energy Corporation of India (SECI) has invited Request for Selection(RfS) from prospective bidders under the Phase III of the allocation. Some of the winners in the past include Azure Power, Sun Edison and Welspun
Rooftop Solar – RfS invited by SECI for allocation of 10 MW of projects in 9 cities Read More »
“ Lack of Visibility of Projects” – This was cited unanimously by the CEOs of the top solar project developers in India as the biggest challenge faced by the sector. On the opening day of the 7th RE Expo in New Delhi on 12th September 2013, CEOs like Inderpreet Wadhwa(Azure Power), Alan Rosling(Kiran Energy), Pashupathi
What is the biggest concern for the Indian solar sector today? Read More »
In May 2013, RESolve released a whitepaper with the ranking of solar projects in Gujarat(click here) based on the energy generation data from the Gujarat SLDC for the calendar year 2012(January 2012 to December 12). Based on the feedback received from the industry, we have modified the ranking from Calender year to Financial year and
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
REC trading for the month of August 2013 concluded yesterday. The trading statistics were similar to last month especially the prices discovered for both solar and non-solar RECs. It is very likely that the solar RECs would continue to trade at the floor price as the supply continues to grow much faster than the demand.
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 »
