Most solar power procurement in Indian solar projects is done by SECI, a central government agency, while the power purchases are also done by state Discoms to meet their RPO targets and the rising power demand. As observed in most of the solar PPAs, the solar tariff discovered in State Read more
In this article, we evaluate some of the recent solar bids and discovered a tariff of Rs. 2.30 in the GUVNL Solar bid. We also compare the discovered bid tariff with LCOE to assess the financial viability. There are three factors that affect the financial viability of a solar project. Read more
International coal prices are trading at over $400/MT; which is an all-time high. This has a cascading effect on the Indian electricity market. The electricity prices are at an all-time high. We are getting an upper circuit on the IEX at Rs. 12/kWh for the spot electricity prices. Due to Read more
India’s power demand has been increasing day by day. This year has jumped by a record of 40,000-45,000 MW per day as a result of intense heat waves through northern parts of the country. This massive addition in the generation capacity will integrate the country into one transmission grid and Read more
The solar PV market is a highly competitive, and fast-growing sector. With a present market size of over USD 150 billion, it is expected to grow at over 25% CAGR and reach over USD 1000 Billion by 2028. The rising demand for low-cost solar power has put immense pressure on Read more
The government of India recently notified the green energy open access. So far the open access by Discoms was allowed only to the consumers who are 1 MW or above capacity, which has reduced 10 100 kW capacity to enable larger sections of C&I consumers to opt for the benefits Read more
In 2018, Government of India introduced a farmer focused solar scheme with a target of decentralised generation of solar at farmer fields with a targeted installation of 28250 MW over a period of five years, the Scheme was named as PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan Read more
If you are a large consumer and do not have sufficient roof space, put your solar plant somewhere else where the low cost land is available, inject your electricity/electrons in to the grid and withdraw the equivalant amount of energy from the grid at the point of your consumption.. Thats Read more
According to the UN Environmental Programme, global greenhouse emissions reached their highest-ever level of 59.1 gigatonnes of carbon dioxide equivalent, in 2019. Two of the most significant international deliberations that addressed the urgency to combat climate change included the COP21 and the COP26. During the COP21 in 2015, the Paris Read more
The falling price of solar panels and energy storage systems, and increasing grid electricity tariffs, may lead to a situation, where the consumers may do away with their grid connection. In 2015, The Forbes published an study on the Utility death Spiral due to falling PV prices.. Now it looks Read more