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 […]
In Greenworldinvestor we have already covered the India’s Federal Solar Subsidy Policy JNNSM from its inception 2 years ago. Now as the Government embarks on the second part of the three part policy we give you a heads up of the important parts of the draft of JNNSM Part 2. Introduction to JNNSM The mission […]
Solar Plant Price Reduction in India The rapid decrease in solar panel prices has led to a sharp decrease in overall solar system prices, with the India’s central electricity regulator reducing the reference prices for a solar PV plant to $1.5/watt during 2013; a sharp cut of 20% from the previous year. Note solar panels […]
We have repeatedly highlighted the drawbacks of solar thermal energy vis a vis crystalline solar panel technology. Solar Thermal Plants are getting replaced or mothballed altogether because of the high costs and long build times. India had awarded nearly 500 MW to 5 solar energy developers under JNNSM Phase 1 which were supposed to get […]
Solar Power in India As a tropically located country, India is endowed with vast solar energy potential. With about 5,000 trillion kilo-watt hour (kWh) per year, energy is incident over India’s land area with most parts receiving 4-7 kWh per sq. meter per day. Therefore both technological routes for conversion of solar radiation into electricity […]
The Dying Solar Industry The massive losses seen by the Solar industry has been an ongoing feature for the last couple of years and given that local governments continue to support bankrupt Chinese solar players (Suntech, LDK) even the future looks dim. There have been literally hundreds of solar bankruptcies as a boom in the […]