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  • Changing demand-supply landscape in the Indian solar market

    The Indian solar market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of this year...

  • First utility scale storage project in India takes off

    NLC India Limited, a government of India owned coal mining company, recently completed auction for a 20 MW solar project integrated with 28 MWh storage capacity in Andaman & Nicobar Islands. This i...

  • Wind joins pricing race with solar

    Solar Energy Corporation of India (SECI) completed a 1,000 MW wind project auction last week. Tariffs fell to a new low of INR 2.64 (US¢ 4)/ kWh. Winning bidders include ReNew (INR 2.64, 250 MW), O...

  • Renewable developers line up for public offerings

    Acme Solar and Sembcorp have announced plans to access capital markets for raising equity capital. Acme has filed preliminary papers for an INR 22 bn (USD 336 mn) initial public offering (IPO) with...

  • US trade case resonates in India

    The US International Trade Commission (USITC) has unanimously agreed that solar imports have caused “serious injury” to local manufacturers. Suniva and SolarWorld are calling for duties of US¢ 40/ ...

  • Spike in spot power prices likely to be temporary

    Average clearing price for power on the energy exchange has been inching up from INR 2.61/kWh seen on 2rdSeptember 2017 and spiked up to a high of INR 9.91/kWh last week. Current prices are in the ...

  • Forecasting and scheduling regulations take hold in India

    Andhra Pradesh recently became the latest state to notify forecasting, scheduling and deviation settlement regulations for solar and wind power generation. It joins Karnataka, Chhattisgarh, Jharkha...

  • What is expected of India’s new power minister?

    In a major cabinet reshuffle, India’s erstwhile Minister of Power and Renewable Energy, Piyush Goyal, demitted office to become the new Minister of Railways. R.K. Singh, an erstwhile bureaucrat and...

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