One of the biggest risks faced by a developer is the offtaker risk. The Rajasthan state electricity board, much like the Tamil Nadu electricity board has traditionally been incurring significant losses over the years. The chief aim of the payment security mechanism proposed in the new Rajasthan RfP(Click here for more details of the RfP) […]
Rajasthan has resumed the bidding process for the PV and Thermal projects under the Rajasthan State Policy with some major changes. It may be recalled that the earlier bidding process was indefinitely postponed in May 2012(Click here for more details). The most notable change in the new policy is that all the selected projects will
Rajasthan – Improved Solar bidding process announced Read More »
Hurricane Sandy brought some good news and some disappointments related to PV to the people of the North East USA. Two of the most popular US media outlets – The New York Times and Bloomberg Businessweek – had some interesting stories about the impact of Sandy on the PV installations. First, the disappointment . Many
67:33 to 32:68 – All in 4 years. Puzzled? This is the PV module to Balance of System(BOS) ratio from 2008 to 2012. According to GTM research, in 2012, the BOS cost(including inverters) accounts for 68 % of the total cost. In 2011, the ratio was 50:50 and in the year before(2010), it was 55:45.
PV Module price crash – BOS now accounts for close to 70% of CAPEX – GTM Research Read More »
The Kerala State Electricity Regulatory Commission (KSERC) has announced the proposed feed in tariff (FiT) for solar power plants in the state. This announcement is by no means the final tariff and has been announced with the intention of getting comments from the various stakeholders in the industry so as to refine the policy (and
Kerala : New Solar Feed-in-Tariff (FiT) Proposed Read More »
In the previous blog post, we had done a preliminary analysis of the feasibility of putting up residential rooftop projects under Tamil Nadu’s new solar policy. Over the course of the evaluation, we had assumed that the GBI offered would be only for the quantum of electricity that was fed into the grid AFTER consumption.
TN Solar Policy – Residential Net Metering Analysis Read More »
Solar PV or CSP for India? This is one of the interesting questions for which we might be starting to get the answer. Bloomberg Businessweek has now reported that most of the CSP projects in India under the Jawaharlal Nehru National Solar Mission(JNNSM) are either getting delayed or might be scrapped. Under the Phase 1
The Central Electricity Regulatory Commission(CERC) released the new benchmark capital cost for Solar PV plants on 25th October 2012. The cost has been reduced to Rs. 8 Crores/MW(~$1.5 Million/MW) for the year financial year(FY) 2013-14. In the not so distant past, i.e., for the FY 2009-10, the benchmark cost was Rs. 17 Crores/MW which represents
CERC revises capital cost of Solar PV projects to Rs. 8 Crores/MW for FY 2013-14 Read More »
Intersolar India, one of India’s most top global events on the solar industry, was held from 5th November to 8th November 2012 in Mumbai. The conference was held at the Leela Hotel whereas the Exhibition took place at the Bombay Exhibition Centre, Goregaon. The conference, spread over 4 days, brought together various stakeholders ranging from
During this years Intersolar at Mumbai, there was lot of interest towards off-grid solar PV. This was visible both at the Conference and at the Exhibition. At the exhibition, the booths of several off-grid product suppliers(for solar home inverters, home packs, etc) were quite crowded. There were signs that individuals were keen on learning more
Off-grid rooftop PV systems – Presentation from Intersolar India 2012 Read More »
