A utility-scale solar facility is one which generates solar power and feeds it into the grid, supplying a utility with energy. Layout designing is the major factor for installation of cost-effective solar plant. The general layout of the plant and the distance chosen between rows of mounting structures will be Read more
1. Introduction Government of India is encouraging adoption of solar energy by every Indian. To promote convenient adoption and use of solar energy, public sector banks & private banks have been given statutory instruction by Ministry of Finance to offer loan at reasonable cost as per Government of India & Read more
The ink on Sterling and Wilson Solar Ltd’s (SWSL’s) initial public offering (IPO) share allotment certificates isn’t even dry yet and investors are having to grapple with a tweak in the terms and conditions. When the company’s promoters, Shapoorji Pallonji and Co. Pvt. Ltd and Khurshed Y. Daruvala, set out Read more
New Delhi: Solar tariffs in India rose 4% from a record low in Wednesday’s federal auction, in which five companies won rights to build and operate 1.2 gigawatts of projects. Ayana Renewable Power Pvt., ReNew Power Ltd. and Azure Power Global Ltd. won 300 megawatts each, while Mahindra Susten Pvt. scooped Read more
Investment opportunity Scenario in Indian Solar Industry Renewable energy sources have a combined installed capacity of 81+ GW, pegged at around 22% of the country’s total energy capacity. Solar power accounted with a share of 36% (30 GW). Solar power capacity has increased by more than 11 times in the Read more
Benchmarks Project Capital Cost as per CERC In order to determine the level of the feed-in tariff, the Central Electricity Regulatory Commission (CERC) has produced a benchmark capital cost of INR 50.12 million/MWp for solar PV power projects commissioned during fiscal years 2016-17. This capital cost is considered to be Read more
Technical and Financial Input Data Key Financial Indicators Sensitivity Analysis Profit Loss Statements With Cash flow accruals (For 10 Years) Read More
Mumbai: In a first, Karnataka has stopped the building of new solar energy projects, balancing its renewable power purchase obligations and concerns on the financial health of the state’s power distribution companies (discoms). Last month, the Karnataka Electricity Regulatory Commission said there will be no further bidding to procure solar energy Read more
The International Solar Alliance (ISA) has achieved global disruption by bringing down the cost of solar-powered agricultural pumps by half, according to three people aware of the development. India’s state-run Energy Efficiency Services Ltd (EESL) conducted the largest global price discovery exercise by aggregating the demand from 22 ISA member nations, in Read more
Mumbai: Trina Solar, a leading Chinese manufacturer of solar modules and photovoltaic cells, is keen to invest in solar power projects in India, as part of a wider play to drum up market interest for its own modules. The company intends to invest in under-construction solar power projects and is eyeing Read more