Month: November 2018
The Going Gets Tough: Developers’ views
From the developers’ perspective, the year 2018-19 has been a mixed bag of opportunities as well as disappointments. While developers welcome the clarity on grid connectivity related issues, many of them feel that the imposition […]
Not So Optimistic: Financiers’ perspective
Over the past two years, aggressive bidding and falling capital costs have induced a lower-for-longer tariff scenario in the solar and wind power sectors. While the impact has been felt by all stakeholders, it is […]
Safeguards in Place: Manufacturers’ opinion
In a bid to protect and encourage domestic manufacturing, the government recently announced the imposition of a safeguard duty on imported solar cells and modules, creating uncertainty and stress in the solar power market. While […]
Market Upheaval: Consultants’ perspective
The renewable energy sector, like any other sector, constantly faces challenges on account of macroeconomic variables as well as administrative changes. Every year new challenges emerge, making old solutions redundant. Leading consultants talk about these […]
What Lies Ahead: Is a market correction on the way?
By P. Vinay Kumar, Former CEO and MD, Brookfield India Renewables As we wind up another lackadaisical year, 2018, it is important to take stock of the situation and look ahead to the new year. […]
Open or Closed?: Case for third-party sale of renewable energy
By Balawant Joshi, Managing Director, Idam Infrastructure Advisory Private Limited At present, discoms are the major consumers of renewable power as they are required to comply with renewable purchase obligations. However, for discoms, long-term power […]
Opening up New Vistas: Upcoming NESM could be a transformative step for the industry
By Dr Rahul Walawalkar, President and MD, Customized Energy Solutions (India) Recently, at the inauguration of the 2nd Global RE-Invest Meet and Expo, Prime Minister Narendra Modi announced that “India has embarked on the National […]
India’s offgrid solar products sales cross 1.3 million in H1 2018
A recently published report by the Global Off-Grid Lighting Association (GOGLA) states that India has sold 1.3 million offgrid solar products in H1 2018, the largest amongst all countries. The country had a market cash […]
Solar capacity share rises to 7.46 per cent in India’s power mix.
According to Mercom India Solar Project Tracker, as of September 2018, the installed capacity of solar PV in India has reached a 7.64 per cent share in the total installed capacity mix. Between July 1, […]
Tata Power reports rise in revenue due to renewable energy installations
Tata Power has reported a 13 per cent increase in its revenue during the first half of the financial year 2018-19. Reportedly, the increase has attributed to the company’s growing renewable energy business, profits through […]
CPPIB in talks to acquire stake in ReNew Power
The Canada Pension Plan Investment Board (CPPIB) is in talks to acquire Goldman Sachs’s stake in ReNew Power Limited. Goldman Sachs is planning to sell around 20 per cent stake through private sale. Goldman Sachs […]
Siemens Gamesa secures 176.8 MW order from ReNew Power for two wind projects
Siemens Gamesa has secured two wind orders from ReNew Power for the construction of a 100.8 MW wind farm located in Kutch district, Gujarat and a 76 MW wind farm in Osmanabad district, Maharashtra. As […]
Delhi’s BSES launches its second phase of the Solar City Initiative
Delhi’s discom, BSES has launched the second phase of its Solar City initiative. The initiative aims to increase solar rooftop installations in Delhi and achieve targets set by the state government. In the second phase […]
Gujarat to implement 175 MW pilot solar PV power project
The Gujarat government is planning to implement a 175 MW capacity pilot solar PV project on agricultural land under the Suryashakti Kisan Yojna (SKY) in the state. The state had announced the SKY scheme to […]
KREDL selects Asian Fab Tec to develop 100 MW of solar projects in 5 talukas
KREDL has awarded a contract to Asian Fab Tec for the development of 100 MW of grid-connected solar PV projects across five talukas in Karnataka. The awarded capacity is part of the recently issued tender […]
KREDL awards 150 MW solar project to Giriraj Renewables
Giriraj Renewables has won Karnataka Renewable Energy Development Limited’s (KREDL’s) auction to develop 150 MW of grid-connected solar PV projects at the Pavagada solar park in Tumkur district, Karnataka. Giriraj Renewables had quoted a tariff […]
Himachal Pradesh increases state’s RPO
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has revised the states renewable purchase obligation (RPO) upwards to 7.25 per cent (solar) and 10.25 per cent (non-solar) for the financial year 2019-20. Further, it has set […]
