The Indian solar market has become remarkable over the last one year, with solar bid prices falling in a narrow range and large developers starting to dominate the solar auctions. This was in sharp contrast to JNNSM central solar auctions in earlier years when developers had bid irrationally low prices, as many of them did […]

Indian Real Estate Bubble – Causes Indian Real Estate price have been in a bubble over the last 5-6 years and I have repeatedly written about the massive bubble in the real estate area, which was distorting the economy and creating issues. The main causes of the Indian real estate bubble were: Massive amounts of […]

Solar in West Bengal India’s eastern state of West Bengal has become a laggard in the installations of solar energy, despite being a pioneer in the solar energy manufacturing and installations. The state government owned WEBEL was one of the first manufacturers of solar energy panels in the country and there are still a number […]

Major foreign solar companies expanding in India Large foreign companies have been making a beeline into the Indian solar market, with every new day bringing a new foreign company looking to set up a billion dollar solar business in India attracted by Indian’s massive 100 GW solar target by 2022. Recently Softbank, Foxconn and Rosneft […]

India into another Solar scam We have really come a very long way in India’s solar industry with a recent deal between India’s southern state of Tamil Nadu and the Adani Group for buying power from 648 MW of solar plants at Rs 7/kWh ( (~11c/kWh) considered too high. A lot of the opposition parties […]

Upto 1GW of Solar Parks in India Canadian Solar’s JV Sarus Solar is now planning expansion into India. The firm has plans to set up solar parks in the country. Canadian Solar had set up a JV called Sarus Solar with an EPC contractor Guycan Solar and investor Mackie Research Capital Corp. to expand business […]