While the Indian government has been gung ho about increasing the share of solar powered generation in the country with a 25x increase in solar capacity envisioned over the next 5-7 years, the ground level realities are quite different. The distribution utilities are not only financially challenged, but also are presenting huge red tape hurdles […]
The new face of India’s Energy sector India’s energy sector has been the star performer under the new Modi government. Though the new government has unleashed a host of policies such as Make in India, Digital India etc., the most progress has been seen in the energy sector. Electricity supply has become surplus in many […]
Foreign funds in India will boost Renewable energy Foreign companies and funds have been making a beeline to invest in India’s’ burgeoning solar energy sector. With the government setting up an ambitious target of expanding capacity by 25x in the next 5 years, major organizations such as Trina Solar, Softbank etc. have already set up […]
India’s power sector has been troubled in the last few years due to a variety of issues. One has been the supply and pricing of fuel. While gas supply has fizzled out, coal pricing had become too high for the power companies to meet their obligations of supplying electricity at the contracted rates. The distribution […]
UDAY – Another Power Sector reform in India India recently restructured its massively sick power distribution sector for a 3rd time in the last 12 years. This sector has been chronically sick, with debt of more than $50 billion and causing a lot of concern for the overall electricity industry in India. The distribution companies […]
Global solar demand growth IHS has predicted that solar demand growth in 2016 will drop to 10%, to around 65.5 GW up from around 59 GW in 2015. This means that the global demand growth will drop to 10% from around 33% now (global demand was around 40 GW in 2014). This is quite a […]