Delays, Falling Prices, and Undue Advantages in Solar + BESS Projects: A Regulatory Perspective

India’s renewable energy sector continues to experience transformative growth, propelled by advancements in technology and supportive government policies. However, the sector’s rapid evolution has exposed vulnerabilities in its regulatory and procurement framework, particularly in the context of declining prices for solar energy and battery energy storage systems (BESS). The Central Read more…

Crisis in the Global Solar Market: Oversupply, Plummeting Prices, and Recent Bankruptcies

The global photovoltaic (PV) market is currently grappling with a severe crisis characterized by oversupply, plummeting prices, and widespread financial losses, contrasting sharply with its previous status as a beacon of renewable energy. According to BloombergNEF’s 3Q 2024 Global PV Market Outlook, despite an anticipated 33% increase in installations reaching Read more…

The Role of Regulatory Challenges in the Bankruptcy of Solar Energy Companies: Lessons from Global and Indian Failures

The solar energy industry, celebrated for its promise of delivering a sustainable future, has experienced impressive growth over the past few decades. However, this growth has been coupled with numerous challenges, particularly in the regulatory domain. Regulatory issues have played a significant role in the financial downfall of several solar Read more…