Firms offer as little as Rs 2.62/unit, lower than average price of coal-based power
With solar power bidding rates touched a new low of Rs 2.44 a unit this week, sector experts say there will be a problem for equipment makers. "The current bids are not viable if one was to consider the true cost of manufacturing, even for Chinese import. These bids are also forward looking, with an expectation that solar panel prices globally will fall further," said Santosh Kamath, partner at consultancy KPMG India.Over 80 per cent of India's solar equipment requirements are met through import and Vimal Kejriwal, managing director at KEC International (into power transmission engineering), expects this to continue. "Modules will predominantly remain a market dominated by Chinese suppliers, unless there is major growth in the indigenous wafer and cell manufacturing industry. Structures and trackers are largely sourced from Indian players today and likely to remain that way. The balance systems equipment will be dominated by multinational companies, with last-mile assembling and/or ...
Investors' focus is primarily on solar power generation, funding large-scale solar parks
The solar-powered harvester can work in conditions as low as 20 per cent humidity
Plan needs 80,000 acres of land, or thrice Jaipur's area
Solar power industry is expecting solar modules prices to fall further owing to global oversupply
Enhanced capacity would ensure setting up of at least 50 solar parks each with a capacity of 500 MW
Solar installations atop or beside canals might allow India to double its renewable energy capacity
India is expected to add nearly twice as much new solar as last year, outpacing once-booming Japan
Rooftop installations growth doubles in a year
Bridge to India report said market is expected to reach a total capacity of 12.7 Gw by 2021
Some discoms are simply resorting to power cuts as they cannot afford to even purchase power at low rates on the exchanges
According to an RBSA report, requirement of 5,00,000 MVA by 2022 will require an investment of Rs 43,000 cr
Some 5,600 un-electrified villages and hamlets of Bastar division will get the electricity by 2017-18, said the CM
Dream of 7,500 Mw of mega projects, conceived years before and officially still on agenda, finds no takers
Most of the solar projects are concentrated in Gujarat, Rajasthan, Andhra Pradesh
An aggressive build-up of renewables is expected over the next 25 years
Global solar venture capital funding saw a large decline this quarter with $174 million in 16 deals compared to $406 million in 23 deals in Q1
The company has set a target of executing EPC for 500-Mw solar power projects to the grid in financial year 2016-17
World Bank Group President Jim Yong Kim said that India's plans in the sector would have far-reaching global implications