India uses a unique system to purchase solar and wind power from independent power producers. Though this system has generally produced good results with low prices being discovered under the reverse auction mechanism, this system may not be viable in the future given the changing dynamics. The system generally has state-owned aggregators like SECI or […]

Renewable energy costs are set to decline further as interest rates have become negative in large parts of the globe. With the COVID-19 crisis leading to a GDP decline in most countries, central banks globally have been rapidly cutting rates to fight the crisis. The USA has cut rates to zero while central banks in […]