Solar costs have fallen 82% since 2010
The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.
Bridge To India lowers renewable outlook for 2020-24
The Indian renewable energy market is poised for a significant contraction during the five-year period due to weakening power demand growth, deteriorating financial condition of Discoms and further constraints in debt financing.
The EV story in post-Covid India
The near-term outlook for electric vehicles (EVs) remains bleak owing to supply and demand headwinds coupled with the expectation of sluggish investment to scale up the support ecosystem.
Risen reaffirmed as India’s biggest solar module supplier in 2019
The Chinese manufacturer maintained its leading volume supplier position with the highest market share while accruing over 3.6 GW module installations in India.
Vikram Solar ranked ‘Top Performer’ module manufacturer again
The Kolkata-based manufacturer’s Somera monocrystalline silicon and Eldora polycrystalline silicon PV modules met and exceeded international quality and performance benchmarks in assessments by PV Evolution Labs.
Decelerating PV module prices may start increasing in fourth quarter
Market dynamics may again alter the global supply-demand picture for solar modules, leading to an increase in prices or price stabilization.
SunSource Energy bags another IndianOil project
The new rooftop solar project will be the EPC provider’s third project for Indian Oil Corporation. It will cover ten buildings across the state-owned fossil fuel giant’s flagship Gujarat Refinery and its residential township.
Sterling and Wilson commissions 125 MW (DC) solar plant in Oman
The plant—Oman’s first renewables-based independent power project—is also the world’s biggest single-unit solar park to use bifacial modules.
Covid delayed 63% of India’s utility-scale solar in first quarter
Covid-19-prompted disruption severely impacted solar installation during January-March, 2020 as the country added only 689 MW of utility-scale PV against 1,864 MW scheduled to be commissioned.
DST launches energy storage innovation challenge
October 31 is the last date to submit proposals for developing economically viable energy storage solutions that can be integrated with appropriate renewable energy sources to provide an uninterrupted power supply for rural households and enterprises.
