Adanis, Ambanis and Tatas fail to build Thermal Power Plants in India The Indian government has sold the common Indian consumer short, to pander to the interest of the big business groups in India. The government will increase the electricity tariffs to be paid by state utilities to power producers, despite fixed PPAs having been signed. The […]
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 […]
What we have been writing about in Greenworldinvestor that solar power in India will be the biggest energy opportunity in the 21st century, which has been confirmed by High Court Judges as well. India has been making huge headlines around the world for creating the biggest power blackout as 3 of the country’s grids collapsed […]
Renewable Energy Certificate Renewable Energy Certificate prices in India are showing massive volatility with prices going down by almost 20% in one month as supply exceeded demand. Note the REC market in India is relatively young and is traded on just 2 exchanges. The frequency is just once a month as volumes remain low with […]
Indian Solar Energy has received wide acclaim in national and international media for being a great success. However compared to other countries, the claims seem quite empty. Note India’s total solar power capacity is around 1 GW, in comparison one of the poorest provinces in China – Qinghai installed 1 GW in 2011 alone. Also […]
Solar Power in India has taken off under the ambitious JNNSM government subsidy scheme with almost 400 MW of Solar Capacity installed in 2011 . With various states like Gujarat, Karnataka coming up with aggressive solar subsidy schemes on their own as well, solar power capacity in India should surge by around 1 GW in 2012. This has made India one of the fastest growing solar markets in the globe right now.