The Ministry of New and Renewable Energy(MNRE) has released the performance data for July 2013. The performance details, as always include the energy yield as well as the CUF of the power plants commissioned under the JNNSM Phase 1 (batch 1 and 2) as well as the plants that were commissioned under the RPSSGP scheme. […]
India Solar – Electricity Generation Continued to Reduce In July 2013 Read More »
MNRE has updated the renewable energy capacity additions in the country for the month of June 2013. Worryingly, the capacity additions are experiencing a downward trend. The wind energy sector, which used to be the flagbearer of renewable energy in the country has been in turmoil. With no clarification on Generation Based Incentives(GBI) or Accelerated
Renewable capacity additions slows down to a trickle Read More »
Dear Patrons and Readers of RESolve blogs, It is my pleasure to share with you the “Solar Updates in States” Map. Solar in India is no longer restricted to the central programme of Jawaharlal Nehru National Solar Mission(JNNSM), administered by the Ministry of New and Renewable Energy(MNRE). More and more states have come up with
Tangedco and the policy makers in Tamil Nadu have the last laugh. The Hindu has reported today that project developers in Tamil Nadu have come forward to set up 690 MW under the Tamil Nadu Solar Policy(The news is available here). When the bids were opened(technical and commercial), the sentiment was one of disappointment, and
Tamil Nadu Solar – Developers Commit 690 MW of Projects Read More »
REC trading for the month of May 2013 concluded yesterday. In a sharp turn of fortunes, the Solar REC segment which has so far seemed resilient to the ill fortunes of the non-solar REC market has experienced a downward trend hitting its lowest discovered price per REC since the solar REC trading began.
REC Trading – May 2013 – Solar REC hits new lows Read More »
Solar PV sector in India is maturing. From being a virtually unknown sector in 2009, Solar sector has come a long way, having crossed the 1 GW mark in 2012. During this relatively short journey of 4 years, the sector has seen several eventful things – the drastic price drops caused by the huge oversupply
In what has come as a disappointment to most solar developers who participated in the Andhra Pradesh(AP) tender for 1000 MW project allocation, the government of AP has announced a tariff of Rs. 6.49/kWh. It may be recalled that the AP tender received very enthusiastic response(click here for more details) in comparison to the lukewarm
Andhra Pradesh Solar – Tariff fixed at a disappointing Rs. 6.49/kWh Read More »
REC trading for the month of March 2013 concluded early this week. It is important to note that March marks the end of the compliance year (2012-13) and this has had significant impact on the trading statistics seen this week. The trading data for the month is provided below. Non-Solar RECs As we hit the
REC Trading – March 2013 – Solar REC hits Forbearance Price Read More »
The financial bids for project allocation under the Andhra Pradesh Solar Policy were opened yesterday. It may be recalled that there was an over subscription of the bids. The Hindu Business Line has reported that the lowest bid(Rs. 6.52/unit) was by Essel Mining and Industries Ltd., which is part of the Aditya Birla Group.According to
Andhra Pradesh Solar – (Updated) Lowest bid at Rs. 6.49/kWh by Sunborne Energy Read More »
Bihar Government, through Bihar State Power (Holding) Company Limited(BSPHCL), has floated RFP for co-development of solar plants and pisci-culture projects to catalyze the growth of rural economy. The solar projects will be ground mounted projects. Since land is a constraint in the state, Bihar came up with the idea of using the land used for
