Ontario had ample opportunity to learn from past experience and its Renewable Energy Subsidy Policy is on the whole quite good.However one part of the FIT program which gave a very generous 80.2c/KwH to micro installations of solar projects under 10 KW was faulty.It led to 160 MW of project applications which were ground mounted with very high production as they used trackers.There was no discrimination between roof and ground mounted micro installations leading to this problem.Note its not possible to install trackers on roofs which can increase the energy by 30-35%.The large number of applications were not factored in by the Ontario Power Authority (OPA) which proposed to retroactively cut those tariffs by 27% for ground plants.

Now Blackstone has decided to gamble on India’s Power Deficit Story by investing $300 million for an undisclosed stake in the company.With investment plans of $6.5 billion and parent company sinking under loads of debt,Moser Baer Projects desperately needed equity which has been provided by Blackstone.Its previous track record in Solar and Optical Media does not inspire a lot of confidence.But India’s 8-9% Growth Rate is like a Rising Tide which will lift all sorts of Boats.Blackstone is perhaps gambling more on that rather than on Moser Baer.

TSMC has made a smart entry into the Solar Energy space through investments into CIGs technology.Beside investing in a solar fab in Taiwan using Technology from CIGs startup Stion,it has also bought a 20% equity stake in Taiwan’s largest crystalline solar cell producer Motech.Now TSMC is further upping its Green Investments through a NT $5.5 […]

The 10.8c/KwH Tariff will be almost 35% lower than the earlier project awarded in the Ningxia province.For comparison 10.8c/KwH is generally given to Wind Energy which has considerably lesser costs than Solar Energy.Parts of USA and Europe have electricity tariffs of greater than 20c/KwH at present.Such low tariffs may not be useful as they might lead to project delays if not cancellations.

A Number of new Solar Companies have followed Motech into this industry and are currently challenging it for Pole Position.Gintech,Neo Solar,DelSolar are some of biggest Solar Cell Producers in the world now gaining from the worldwide boom in solar demand in 2010.These companies have reported sold out capacities in 2010 and strong profits benefiting from the generous European subsidies for Green Energy.However these companies are vulnerable to demand fluctuations as they lack the vertical integration capabilities of mainland Chinese companies like Trina and Yingle

China has come under a lot of criticism recently from conglomerates like GE and Siemens over discrimination being practised against non-Chinese companies.Massive implicit and explicit subsidies are bolstering Chinese companies against the Western ones as the government pushes the creation of National Champions in Green Technology.Through clever use of regulations and subsidies,Chinese companies are even challenging Western and Japanese companies in their own turf.