Cost of building a Solar power plant in India India’s solar power costs have declined dramatically and have become one of the lowest in the world. The capital costs of building a 1 MW solar power plant in India is Rs 7 crore ($1.2/watt) which makes it amongst the lowest in the world. India’s state […]

India’s western state of Rajasthan which had won the lion’s share of solar panel projects under India’s central subsidy scheme has come out with a state solar subsidy scheme of its own. Note we had earlier stated that Rajasthan and Gujarat will lead India’s growth in solar power capacity. While Gujarat has leapfroggred far ahead […]

There are news reports that the state of Bihar is signing a PPA with a US based investor Schanti Partners for building a 10 MW solar power plant at a rate of Rs 12.5/kwh. The company has received a no objection certificate from BREDA and is set to enter a 25 year PPA at Rs […]

Solar Policy in Uttar Pradesh India‚Äôs largest state in terms of population Uttar Pradesh, is set to come out with a 5 year solar policy to generate 1000 MW of solar energy. Accordingly, the Chief Secretary of the state has starting looking for empty land in villages where solar power ground mounted plants can be […]

Japan The country has set a very lucrative solar Feed in Tariff which can give an IRR of over 30% to solar power plant developers. This has led to great excitement amongst top solar panel manufacturers who are facing massive competition in other markets. The prices of solar panels has crashed by more than 50% […]