The 10.8c/KwH Tariff will be almost 35% lower than the earlier project awarded in the Ningxia province.For comparison 10.8c/KwH is generally given to Wind Energy which has considerably lesser costs than Solar Energy.Parts of USA and Europe have electricity tariffs of greater than 20c/KwH at present.Such low tariffs may not be useful as they might lead to project delays if not cancellations.
The competition has been extremely high for these projects leading to zero to negative returns for investors.This is due to a) low electricity rates on offer b) Aggressive bidding leading to even lower rates.This new phase of projects seems to be repeat of the old program.Giant state utilities can easily bid to win even if they lose money in the process.
Thailand has proposed to generate 20% of its electricity from Renewable Energy by 2022 and has implemented an “adder” electricity tariff for Green Energy plants.This “adder” tariff is similar to the Feed in Tariff (FIT) schemes prevalent in other parts of the world which gives a higher electricity payment to Renewable Energy Power Generators.Under this policy Thailand is set to give the “adder” tariff for 500 MW of plants till 2020 after which the tariff might be reduced
Chinese Green Companies are being forced to look at overseas market for Profits as their Domestic Market is being ravaged by fierce price wars.Wind,Solar and even Smart Grid Companies in China compete mainly on price as technology is not the strong point for these companies.Lots of these small companies are promoted through provincial government bodies […]
The German Solar Feed in Tariff Reduction got another twist as the Upper House Bundesrat refused to pass the proposal into Law.This threw a spanner into the proposed 16% one time special reduction in Solar FIT which was supposed to be implemented from 1st of July.Note the Bundesrat does not have powers to block the […]
Thin Film Technology came into prominence with Polysilicon Prices ruling at $400/kg Solar Thin Film Technology is supposed to be the 2nd Generation successor to the mainstream Crystalline Silicon (c-Si) Technology which accounts for around 85% of world production.With Polysilicon(c-Si raw material) being priced at an exorbitant $400/kg in 2008 (cost of $30/kg) due to […]