Out of the entire capacity installed in the country in 2017-18, only 16 per cent of the modules were procured from Indian module manufacturers. Vikram Solar is one of the few domestic module manufacturing firms […]
The dynamism of the Indian renewable energy sector is evident from the constantly changing regulatory, financial, competitive and business models. Wind and solar power tariffs have fallen steeply, thereby boosting investor confidence in the sector […]
As the Indian solar power market continues to grow amid declining capital costs and tariffs, several opportunities have opened up for engineering, procurement and construction (EPC) contractors. The past few years have seen a steep […]
The increasing size of wind turbines and the growth of the offshore industry have made it necessary for wind power developers to undertake careful planning and execution at each stage of the project, from concept […]
India’s largest power generating utility, NTPC Limited has emerged as the leader in driving the country’s energy transition from coal to solar. As of June 2017, it had 845 MW of in-house commissioned solar capacity. […]
As the solar power ecosystem expands, traditional market forces are increasingly giving way to new players, innovations and business models that bring with them the promise of creating greater cost and operational efficiencies. In this […]
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 […]
Chandigarh-based Hartek Power has announced that it received1,025 MW of solar grid-connected engineering, procurement and construction (EPC) orders in 2016-17, thus registering a significant increase of 733 per cent over the previous year’s order size […]
The past two years have been among the most successful for the Indian renewable energy sector. The year 2015-16 saw a record capacity addition in both the wind and solar segments, with solar crossing a […]
Solar power tariffs saw a steep decline in the recent Rewa Solar Park auction. While this is being seen as a significant achievement in the country’s solar growth story, industry stakeholders are wary of the […]
Fortum India’s current installed solar capacity stands at just 15 MW, but it has a fair pipeline of projects (around 170 MW) under construction in the country. The company has deployed thin-film technology at one […]
ACME has a project portfolio of around 1,800 MW with an operational capacity of over 600 MW. Around 10 per cent of its total capacity is based on thin-film technology while the remaining projects are […]
The Indian solar power segment has emerged as one of the most dynamic markets in the country with increased capacity additions and an inevitable redistribution of market shares among companies. Multiple factors are contributing to […]
The year 2017 is turning out to be quite eventful for the renewable energy sector. First, solar power prices plummeted to Rs 3.30 per kWh in early February in the auction for developing the […]
Spanish wind turbine major Gamesa has been present in India since 2009. In a short span of seven years, the company has been able to establish itself as a leading original equipment manufacturer (OEM) in […]
In the past few years, engineering, procurement and construction (EPC) contracting has emerged as the most preferred option for renewable energy developers as it passes the majority of the design, development and construction risks to […]
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