Solar power – Chile The electricity industry is seeing a huge disruption, which is happening much faster than expected. Solar power is taking over the industry at an extremely rapid pace and that too without using its clean and green credentials. The price of solar energy is falling so fast and so deeply that it […]

India’s RE Certificate Market The Indian renewable energy certificate market has become a long standing joke, due to the long years of non-compliance. The Indian REC market was built under its RPO policy, which mandated that 15% of India’s power should come from renewable energy sources by 2020. REC market was developed so that the […]

Is Coal India going Solar Coal India is a gigantic parasite of the Indian economy in my view. The company which has a monopoloy over mining of coal in India, is one of the most inefficient and corrupt enterprises out there. However, its huge scale and manpower makes it impossible for the government to rationalize […]

Renesola forecasts 10% GM The Chinese overcapacity  has made even the top Chinese solar players run for cover, given the disastrous decline in prices across the solar supply chain. Renesola (NYSE:SOL) said that it foresess a 20% decline in solar panel and wafer prices in Q3 of 2016, as compared to the first half of […]

State of Indian Solar Manufacturing The Indian solar manufacturing industry is a heavily fragmented and uncompetitive one. Its costs and price are typically 15-20% more than the imported Chinese solar panels. The only reason why producers are afloat is because of the DCR (domestic content requirement) in some of the government tenders. While the cell […]

Importance of Government subsidies in Solar Industry The solar industry has been flourishing around the world – thanks to its green nature and falling tariffs. The government incentives too have played a major role in promoting solar power globally. The governments in the key markets of USA, China, Japan, India have been pro solar, which […]