It all started at Rs. 17.91/kWh. This was the tariff of solar PV set by the Central Electricity Regulatory Commission(CERC) for the year 2010-11, and the PPA tariff for the 78 projects(98 MW) selected under the Rooftop and other Small Solar Power Plants(RPSSGP) scheme. This was one of the very rare schemes where there was no […]
Tamil Nadu, the number one state in solar installations in India at the end of 2016(see here), has received bids for setting up 300 MW of solar power. According to The Hindu, 22 developers have submitted bids to TANGEDCO. The benchmark tariff is Rs. 4.50/kWh. The tender was floated for 500 MW, but once again
By now, it is very likely that you have read about the “historic” lowest tariff ever quoted for solar power in India. In case you missed it, 3 firms have won 250 MW of projects each in Rewa Solar Park in Madhya Pradesh, with the lowest first year tariff being Rs. 2.97/kWh, and a levelized
Tesla Comes to India, Solar Tariff hits Rs.2.97 and more – The Sunday RE Brunch 4 Read More »
Once upon a time, December 2011 to be precise, news headlines screamed ” historic day for solar – tariff breaks new barriers”. 5 years later, a lot of things have changed, but news headlines still scream “historic day for solar – tariff breaks new barriers”. The only difference is the tariff itself. In December 2011,
Last week saw saturation coverage of Budget 2017 and its impact on renewable energy. While some headlines screamed “Budget 2017 gives big boost to renewable energy“, there were also several others who rued a wasted opportunity and an unfulfilled wishlist. On the positive side, especially on the manufacturing side, duties have been reduced or exempted for
Adani Group is the Number One solar cell and module manufacturing company in India as of 31 December 2016, and it is also the only Indian company to have more than 1 GW of cell and module manufacturing capacity as per MNRE. There is however a catch. According to MNRE, the cell and manufacturing capacity
India’s Module and Cell Manufacturing capacity at about 8 GW and 3 GW – MNRE Read More »
Lending rates in India have been among the highest in the world. The high cost of capital has been a major challenge for solar project developers for a long time, but it has been gradually inching down. According to Mercom Capital, the average interest rates for solar projects fell below 11% during the last quarter
The Sunday RE Brunch 2 : 29 January 2017 (Budget 2017, lending rates, EVs and more) Read More »
Will 2017 be the year in which electric vehicles embed themselves firmly into the public imagination? We are still in January, and we already have a lot of interesting and interconnected news coming from the Indian electric vehicles sector. Earlier this week, Okinawa Scooters announced the launch of its electric scooter “e-Ridge”, priced at Rs.
Electric Vehicles in India – An idea whose time is now? Read More »
(This blog series is supported by Aspiration Cleantech Ventures) Hi there, Welcome to the first edition of the Sunday RE Brunch. We have started this brunch series to take a step back from the busy weekdays, and take stock of some of the major news of the week, and think a little deeper about the
At RESolve, we love Solar(and Wind, and anything related to sustainable energy); we love statistics and analysis(just like a lot of cricket fans do); and we love writing. The result? The birth of the RESolve blog way back in July 2012. It was an exciting journey, and we were fortunate to write a lot about some
Launch of RESolve Weekly Blog – The Sunday RE Brunch Read More »
