The recent SECI bid of Rs. 2/kWh, has posed a challange to the solar developers whether the existing solar contracts shall remain intact?. Typically the solar PPAs are signed for 25 years and tariff is based on a reverse bidding process. Thee developers bid the tariff based on its capital Read more…
I totally agree that auctions carried by SECI for development of MEGA Scale Solar + Wind and hybrid plants in recent times though yielded extremely low tariff and large financial rewards, but the policymakers are forgetting that it is leading to a huge impact on following Wild life Environment Transmission constraints Read more…
There has been a significant interest of C&I businesses to opt for a Rooftop Solar PPA with the RESCO companies offering them various PPA terms. Though solar power has already attained grid parity, it is important to the business owners to clearly understand the term sheet of a solar PPA. Read more…
In the recent bid of SECI 1070 MW, Saudi firm Aljoemaih energy and Warter Company and Green Infra Wind energy Ltd have been the winners with the historic low tariff of Rs. 2/kWh followed by NTPC bagging 600 MW capacity @ Rs. 2.01/kWh. These projects are to be implemented in Read more…
India’s largest renewable energy company, ReNew Power won India’s first e-Reverse Auction of 400 MW renewable energy project conducted by Solar Energy Corporation of India Ltd. (SECI) and will be the first company to deliver round the clock electricity supply. The other winning bidders included Solarpack, Avikiran Surya (ENEL Green Read more…
Number of partnerships were inked on 8 th September 2020 at the First World Technology Summit hosted by the International Solar Alliance (ISA). ISA has been given the nodal agency mandate for implementing India’s global electricity grid plan. It has also entered into a partnership with NTPC which will help Read more…
Number of partnerships were inked on 8 th September 2020 at the First World Technology Summit hosted by the International Solar Alliance (ISA). ISA has been given the nodal agency mandate for implementing India’s global electricity grid plan. It has also entered into a partnership with NTPC which will help Read more…
India installed 9.9 GW of PV in 2019, a decline of 8% y/y and 23% from its peak in 2017. – Large-scale projects accounted for 85% of 2019 installs and 88% of cumulative PV installations. – Mercom attributes the difficulties in the largescale PV market to come from: contracting and Read more…
In 2019, global PV shipments were approximately 123 GW—an increase of 39% from 2018. • In 2019, 62% of PV shipments were mono c-Si technology—a level not seen since the early 1980s. • In 2019, revenue from PV deployment was more than 10X revenue from PV manufacturing. • Despite tariffs, Read more…
From 2010 to 2019, the efficiency of modules installed in the United States increased significantly: – 14.4% to 19.4% for mono c-Si – 13.7% to 17.4% for multi c-Si – 11.0% to 17.4% for CdTe. • Based on preliminary data for Q1 2020, the average efficiency of mono c-Si and Read more…