Mumbai: The ministry of new and renewable energy is set to cap India’s solar power tariffsat ₹ 2.5 and ₹ 2.68 per unit for developers using domestic, and imported solar cells and modules, respectively, according to an internal note reviewed by Mint. In the letter dated 24 August, Dilip Nigam, an adviser with National Solar Mission, Read more…
Mumbai: India will not be able to achieve its ambitious target of generating 100GW solar power by 2022, ratings agency Crisil said. In a report, Crisil’s industry research arm said that in the best-case scenario, the country will touch 78-80 GW, against the current capacity of 21.65 GW. Crisil expects 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…
The Essel Group, which needs to sell a host of assets to stave off loan defaults, is in talks with the Adani group to sell its remaining solar energy portfolio, said two people close to the development. Essel is rushing to complete its unfinished solar power projects of 480 megawatts (MW) to Read more…
New Delhi: Prime Minister Narendra Modiwill gift ‘Gandhi Solar Park’ to the United Nations when he attends the Climate Action Summit 2019 in New York, during his week long visit to the US. The 50 kilowatt hour (kWh) roof-top solar park has 193 solar panels—each representing a member of the multilateral body. The $1 Read more…