LDK Solar (NYSE:LDK) which used to be the biggest solar wafer producer has completely stopped production of polysilicon and sharply reduced shipments to preserve cash. The company is effectively bankrupt and surviving due the largesse of state owned Chinese banks which have given $3 billion in loans to the company. LDK has almost no chance […]
Will Solar Pumps replace Diesel Pumps in India While Solar Panels in India gets all the attention and publicity, other solar products in India like solar lanterns, solar pumps and solar lights are showing sharp growth without subsidies. While India’s Government concentrate their promotion efforts on building of large solar power plants and farms built […]
Indian Power and Infrastructure Companies like GMR, Lanco, GVK, Reliance Infrastructure have been making continued losses in the past couple of years and have been unable to reduce their massive debt burdens. These companies had expanded rapidly during the boom into power, construction, real estate, infrastructure like roads, ports and airports. However macroeconomic and governance […]
Indian Renewable Energy Mandate not Met India’s much hyped market based renewable energy incentive system of “Renewable Energy Certificate” (REC) has crashed. The REC market which started in 2012 at two power exchanges had initially shown a lot of promise with increasing volumes. It had offered a market based remuneration system for renewable energy developers […]
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 […]
Problems of Tamil Nadu Solar Energy In Greenworldinvestor, we earlier wrote about Tamil Nadu’s Solar Energy Policy which had generated huge investor interest. The main reasons about the huge enthusiasm seen for setting up solar energy in Tamil Nadu is that, the state is home to almost 60% of India’s wind energy capacity and suffers […]