Bloggers > Madhavan Nampoothiri & Hari Manoharan
Fri, 12 May 2017 Another Record Solar Tariff ? Rs. 2.44/kWh; Drops by another Rs.0.18 in 2 days; ACME and SoftBank winners Even as the industry is trying to make sense of the Rs. 2.62/kWh(more here) solar tariff, it has dropped further to Rs. 2.44/kWh in the just concluded auction for 500 MW of solar projects in Bhadla Solar Park. According to reports, ACME Solar and SBG Cleantech have won the projects. The details are as follows. ACME Solar – 200 MW...read more →
Thu, 11 May 2017 Annual Solar Installations overtake Wind Installations for the first time ? MNRE MNRE released the official renewable energy installation numbers, and for the first time since 2012, the annual Solar installed capacity was higher than the Wind installed capacity, despite 2016-17 being a record year for the wind sector. In 2016-17, a total of 5,502 MW of wind capacity was added, which is the highest ever in the history of wind in...read more →
Thu, 11 May 2017 Trading of RECs stayed by Supreme Court Following the steep downward revision of REC prices and the removal of vintage multiplier by the Central Electricity Regulatory Commission(CERC) (details of the CERC order here), several REC-generator filed petitions in Supreme Court seeking relief. Based on the petition, Supreme Court has stayed the new price regime and also stayed the trading. According to Business Standard, ” ?REC generators moved the...read more →
Wed, 10 May 2017 Negawatt better than Megawatt? ? Energy Efficiency scores big.. While Solar energy has been hogging the limelight since the start of the Jawaharlal Nehru National Solar Mission(JNNSM) in 2010, it’s unglamorous cousin National Mission for Enhanced Energy Efficiency(NMEEE), which was also started in 2010, has been marching ahead with some great results. The Bureau of Energy Efficiency(BEE) has announced that during the first PAT(Perform, Achieve,Trade) cycle(2012-15), a total of ?5,635...read more →
Wed, 10 May 2017 Bhadla Solar Park ? Solar Tariff hits another low of Rs. 2.62/kWh The race to the bottom continues at a furious pace, thanks to Solar Parks. Within a span of 3 months, Solar tariff quoted by winning bidders has dropped by more than 25%. ?From Rs. 3.29/kWh(Rewa Solar Park, Madhya Pradesh) in February 2017, the tariff has reduced to Rs. 2.62 in May 2017(Bhadla Solar Park, Rajasthan), touching Rs. 3.15/kWh enroute in April...read more →
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