Solar Power – Punjab The northern state of Punjab released the results of its second round of solar tenders, in which most of the bids came between Rs.6.8-Rs 7.2/kWh (around 10-11c/kWh). The winners were the usual suspects such as Azure Power, Solariedirect, Welspun etc. The national developers have been increasingly cornering most of the state [...]

Corruption in the Indian Energy sector Corruption in India is quite endemic and prevalent in almost all sectors. Industries which depend heavily on the government for regulations and pricing are the most corrupt. Real estate and telecom sectors are thought of as the most corrupt because of the multiple licenses and clearances required. Mining is [...]

India’s Wind Energy capacity to 10 GW up from 2 GW a year The Indian government is extremely gung ho about renewable energy growth in the country. It has set a hugely ambitious target of 100 GW of solar energy by 2022 up from a cumulative 3 GW installed till date. For wind energy also, the [...]

Japan to slow down on Solar Japan could be the biggest risk to solar demand in 2015, as the country is facing grid connection issues and changes in FIT. Japan has seen a massive boom in solar demand in 2013 and 2014 with generous FIT leading to a huge ramp up in solar capacity installations [...]

China instals 25% of Global Solar Energy China missed its 12 GW solar installation target for 2014, as it only managed to install 2 GW of distributed solar capacity for 10.6 GW of overall solar energy capacity. While large scale solar farms met their target of 8 GW, distributed solar energy could not catch up. [...]

Suzlon to turnaround Sun Pharma is India’s largest pharma company by value and one of the largest generic companies in the world. The company has grown at a rapid pace in the last few years and has been the poster child of India’s pharma industry, which has become a big success after India’s IT industry. [...]