Many countries such as Brazil, Germany, etc. have combined renewable energy auctions of both wind and solar energy to get the cheapest prices for green power generation instead of going for separate auctions for solar and wind energy. This gives them greater optionality and variety in terms of load generation and prices. However, solar energy’s sharp technological improvement […]

The first quarter of 2019 has been very bad for the renewable energy industry in India with both wind and solar capacity addition falling off a cliff. The first quarter was when the COVID impact had not really hit the sector hard, though there was some impact due to the supply chain issues with Chinese […]

The renewable energy industry in the past couple of years has been facing a harrowing time due to India’s system weaknesses as well as the policy uncertainty. The solar developers have been facing challenges in numerous areas with some states refusing to honor contracts while some states are curtailing solar power generation using flimsy reasons […]

Ad hoc policymaking, incompetent execution, and vested interests have ensured that India’s renewable energy manufacturing industry has never really taken off despite India being one of the largest markets for solar and wind energy. Even in the future, India will continue to remain the biggest markets for renewable energy with an investment of USD 125 […]

The Indian thermal power sector is seeing huge distress due to the lower solar and wind prices which is making it very hard to sell coal-generated power in India. While solar power prices can be now bought at INR 2.5/kWh, thermal coal power prices were found to be quite high at INR 4.24/kWh in the […]

Global Tender Activity Solar energy is definitely here to stay! Solar energy led the overall global power sector with 216 tenders accounting for 73%, followed by thermal with 33 tenders and an 11.3% share and hydro with 20 tenders and a 6.8% share. With 209 tenders accounting for 71.8%, Asia-Pacific held the top position during Q4 2019, followed […]