India’s energy demand will more than double by 2040 – IEA
The world is witnessing a major shift in energy demand from advanced to developing economies, with demand growing fastest in India – according to the International Energy Agency’s (IEA’s) latest World Energy Overview.
Tariff tussle grows over pricing of 970 MW project
The Solar Energy Corporation of India (SECI) and Karnataka Electricity Regulatory Commission (KERC) have locked horns over the power pricing of a 970 MW solar project.
SECI hikes tariff ceiling to lure bidders
Reeling from a no-show from bidders at various auctions, the Solar Energy Corporation of India (SECI) has raised the ceiling price for two of its mega tenders by 10 paise (US$0.0014) each.
India-Taiwan safeguard duty talks hit an impasse
India and Taiwan have failed to reach an agreement at the World Trade Organisation (WTO) over the 25% safeguard duties imposed by India on solar imports. The talks, however, will continue.
Indian PV procurement leapt to 3 GW in October figures
Developers gave short shrift to gloomy predictions about depreciation, protectionism and tax headwinds as tendering and auction figures soared, but they shied away from the tough price caps set for SECI’s procurement exercises.
SECI director floats idea of further large-scale reservoir PV
With the Solar Energy Corporation of India having already proposed 10 GW of solar be located on artificial bodies of water over the next three years, Shailesh Mishra has mooted ambitious plans at four more locations.
Hits and misses among latest 10 GW solar tender amendments
While the timelines for PV power plant execution and completion of manufacturing facilities are now more realistic, production obligations – especially for capacity utilization – need to be revisited.
Solar still gaining as coal’s share of national capacity falls
India saw an increase in PV’s share of national generation capacity in the third quarter, as 2 GW more solar was added despite worries buffeting the industry.
Falling rupee could threaten Rs28,000 crore of solar projects
As the currency continued to fall today, analysts are concerned developers will see any savings from falling module prices disappear, and lenders may get nervy, putting the national solar target in grave doubt.
Solar City Initiative phase two launched in Delhi
The programme allows the installation of solar roof atop apartment blocks, which otherwise could not install such systems. Potential in the area is around 15 MW, of which 6 MW have been signed up for already. Another 5 MW should be developed in this second phase of the project.
