India’s electricity market is on the verge of transformation with the country’s ambitious renewable energy targets and increasing penetration of distributed energy resources. To support this transition, the Rocky Mountain Institute (RMI) released a report titled “Transforming India’s Electricity Markets” in collaboration with NITI Aayog and Shakti Sustainable Energy Foundation. Read more
As India continues to develop and modernize its energy sector, the cost of power purchase is an important metric to monitor. The Rocky Mountain Institute’s report on India’s electricity market provides insight into the trends in the national average power purchase cost over the past few years. The report shows Read more
PPA renegotiations in Indian solar PPAs: State Year Description of PPA Renegotiation Andhra Pradesh 2019 State government attempted to renegotiate signed PPAs, reducing tariffs and attempting to renegotiate PPAs for wind and solar projects. This was met with legal challenges from developers. Punjab 2020 The state government renegotiated PPAs with Read more
In recent years, there has been a trend towards larger and more powerful solar modules, with manufacturers pushing the limits of what is technically possible. The latest announcement from Risen Energy is a perfect example of this trend, with the release of their new 700 W solar module. The Risen Read more
As solar technology continues to evolve, there has been a trend towards larger module sizes, and this trend is driving the solar industry in new and exciting directions. Here, we will explore the drivers and benefits of this trend, as well as the potential risks that come with it. Drivers Read more
Himachal Pradesh is a state in northern India, known for its picturesque landscapes and rich cultural heritage. In recent years, the state has made significant strides in adopting renewable energy sources, particularly solar power. One of the latest developments in this regard is the 32 MW solar tender launched by Read more
India has been a promising market for solar developers due to its favorable solar policies and the government’s push towards renewable energy. However, the policy uncertainty in the recent years has affected the solar industry, creating challenges for solar developers. Solar sector in India witnessed major policy shifts in 2022. Read more
In 2022, global investments in energy transition technologies reached a record high of USD 1.3 trillion, according to a report by the International Renewable Energy Agency (IRENA). This indicates that the recognition of the climate crisis and energy security risks associated with over-reliance on fossil fuels is growing. However, the Read more
The global conflict surrounding the control of the global photovoltaic (PV) supply chain has been an ongoing issue between the United States and China for several years. A report from the Massachusetts Institute of Technology (MIT) sheds light on the differing views of the issues and actions taken by both Read more
India has been on a journey towards developing its renewable energy (RE) capacity over the last decade. The power sector of India has a total installed capacity of 402 GW, with an average annual growth rate of nearly 4%. Coal still dominates the total installed capacity in India with about Read more