Indian states come around to promoting Solar Rooftop Installations after being fixated on ground mount plants Indian states have finally come around to supporting rooftop solar home plants, instead of just megawatt solar ground farms. Though the support is quite small the beginning is quite auspicious. Note the Indian federal and state governments have this […]
Every single solar thermal plant awarded under India’s federal subsidy program (JNNSM Phase 1) is delayed according to MNRE. Note I have been critical about solar thermal technology for a long time now because of the manifold problems that the technology faces. The sharp erosion in solar panel prices has made solar PV technology move […]
Coal Deaths in India India gets more than 50% of its energy requirements from coal, of which the country has got billions of tons in reserves. Coal is used for most of the power generation in the country despite its pernicious effects on human health and the environment. Coal is responsible not only for thousands […]
The Solar Policy unveiled by Tamil Nadu has generated a huge amount of investor enthusiasm with a target of generating almost 3 GW of solar power in the next 3 years. The government has already come out with a TN solar tender for 1 GW and many investors are planning big solar panel parks in […]
This may be a dramatic statement to make about the world’s most valued solar company but there are several reasons which I will explain below to illustrate this point. Note the solar industry is in a league of its own in the astonishing drop it solar panel prices (80% price drop over the last 3-4 years) and the rapid increase in demand (60% CAGR over the last 10 years).So the comparison and analysis by your usual stock hacks on financial portals like Motley and Seeking Alpha is way off the mark. First Solar had the worst 2 quarters in its history in 2011 as it went from a record breaking profit company into the red. Many issues which were hidden by its past success came out in the open and some of them are life threatening. Here are these problems
The CSE concurs and also criticizes the support for large wind farms as well . Note the capital subsidy and depreciation given to wind farms makes it much more lucrative to just build wind energy turbines rather than on focusing on the electricity generated . This has made many wind farms generate only half of the electricity given by normal wind turbines. Note the article also emphasizes on giving subsidies to the poor through loans and subsidies for biomass energy to shift them from dirty energy sources like kerosene.