Despite becoming the third-largest market in the world for solar energy installations, the experience of Indian solar companies has been quite nightmarish with a number of companies seeing liquidation (Moser Baer, Indosolar) due to the massive competition unleashed by the dominant Chinese solar companies. While the Indian solar manufactuers have suffered, the other players in the […]
Australia is a prime example where the renewable energy sector has been growing at a torrid pace despite an unfavorable government which wants to stifle its growth. The country has seen a huge step up in the growth of its overall solar and wind energy capacities in the last couple of years as economics have […]
Plans to export solar power to other countries is not a new concept and the most famous example was Desertec where a plan was to build massive solar farms in the Sahara to supply power through undersea cables to Europe. This plan which saw a lot of traction and planning in the early 2010s never […]
Economics make Solar the Obvious Choice The global solar industry continues to grow as economics have made solar energy the cheapest source of energy in large areas of the world. Even without subsidies and government support, solar energy capacity is being set up as costs continue to go down each year making its economic case more and […]
Turning India into a Battery Storage Powerhouse In its recent Financial Budget announcement, the finance minister of India said that incentives would be provided to build large factories making solar cells, lithium battery storage and electric vehicles. The thinking in the top Indian policy making circles is that India has missed the solar manufacturing bus […]
Despite having achieved economic grid parity with fossil fuels, renewable energy is still subject to the whims and fancies of government policies around the world. Power is generally a heavily regulated sector and is greatly influenced by the policies and regulations emanating from the state decision makers. The political ideology of parties can make or […]