India achieved its ambitious goal of 100 per cent village electrification in April 2018. As per the Ministry of Power’s definition, a village is considered to be electrified when at least 10 per cent of […]
Driving India’s renewable energy growth, both solar and wind power are on the path to convergence. Owing to the complementary nature of the two sources of energy, solar-wind hybrid systems are more likely to provide […]
Solar plants are built to last ideally for 20-25 years. On completion of the engineering, procurement and construction (EPC) period, developers need to ensure seamless operations and maintenance (O&M) activities for sustained energy generation over […]
The rooftop solar segment in India has witnessed sluggish growth over the past year, with the installed capacity reaching only 1.2 GW as of June 2018. To achieve the installed capacity target of 40 GW […]
India is progressing towards its 2022 renewable capacity target of 175 GW. A 19 per cent year-on-year growth in renewable capacity addition was recorded during 2012-18. However, the sector cannot rely only on distribution companies […]
In a scenario of reducing solar power tariffs, there are increasing instances of reneging on old deals and renegotiation of contracts. As such, there is a growing focus on litigation and legal issues, underlining the […]
The 60 GW of renewable energy currently installed in India has been developed in the recent past, and the full impact of its variable and intermittent nature is yet to be clearly seen. However, the […]
India was ranked fifth in the world in 2013 in terms of installed solar power capacity. In 2014, the government announced an enhanced target of 100 GW of solar power capacity by 2022 and since […]
Given the significant role of discoms in the power sector, their finances have an impact on power producers as well, particularly in the renewable energy sector where project margins and returns on investment are largely […]
The Indian rooftop solar market has been growing at a brisk pace over the past two years, with the cumulative installed capacity crossing the 1 GW mark in October 2016. This growth has been driven […]
Technological advancements in the solar power segment have significantly reduced system costs, thus increasing installations across the globe. To achieve maximum technical, financial and physical project efficiency, developers are expected to rapidly adapt to these […]
Plunging solar power tariffs have led developers to seek ways to reduce costs and improve efficiencies in solar power generation. Balance of system (BoS) components, which have significant capital and operational cost implications, can play […]
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