PRAYAS India We at Greenworldinvestor have repeatedly said that a failure in Indian governments’ policy making has led to Chinese imports of solar panels swamping the Indian market. These imports may cross almost $2 billion this year and could reach $4-5 billion a year, if the Indian installed solar capacity achieves a run rate of […]
Solar energy in Sri Lanka Sri Lanka an island nation does not have access to good quality fossil fuel resources to provide electricity to its citizens. The country which has around 4000 MW of electricity capacity mainly relies on thermal power for generating power. The biggest plant is the Norochalai thermal power plant of 900 […]
China FIT cut China has apparently been mulling cutting solar feed in tariffs by almost 31% in 2017 from the rates in 2016. This would have brought down the FIT to an average of 8-11 cents a unit from a high of 15 cents a unit currently. Note the rates in China are quite high […]
Will the Buffalo Plant make sense now I was perplexed when 3 years ago SolarCity Corp. (NASDAQ: SCTY) announced that it was buying a marginal producer of solar cells and panels in USA and planned to set up a giant 1 gigawatt manufacturing plant. SolarCity at that time was flying high as it was growing […]
1GW solar rooftops installed in India Finally India crosses the 1 GW mark in the rooftop solar segment. The country has set up an ambitious target to install 40 GW by 2022, and thus has a long distance to cover to reach the mark. India is a hot country with good amount of solar isolation […]
$3.1 billion fund to aid Solar Manufacturing in India We at Greenworldinvestor have been covering solar development in India since some time now. The country has come a long way by raising its solar installation target to 100 GW by 2022. PM Modi has been playing an instrumental dream helping India realize its dreams. However […]