The recent Gujarat turmoil to reduce the PPA price from 12.67 Rs/unit to 9 Rs/unit has made many solar investors to worry on bankability of PPA signed with the state governments. It has not been seen earlier that an agreed PPA price has come for discussion amendment to the regulatory commission, rather it should not […]
Gujarat, home to half of India’s solar power-plant capacity, is seeking to have a cut on the rate it pays to solar project developers, keeping in view the owners’ excessive and unwanted profits in the current scenario. The state government has approached the Gujarat Electricity Regulatory Commission (GERC) with a petition, seeking a reduction in the […]
Yesterday the solar REC trading disappointed many investors as there was a supply of 5932 against a demand of 1479. The oversupply of REC brought the market clearance price at 9300 Rs/REC which is the floor price of solar REC. On one side there already about 100 MW solar capacity has come up under rec […]
Solar Power plant efficiency can be boosted to 45% with assistance from the automated dual axis Solar tracker developed at Sardar Patel University in Gujarat, India. The tracker works on sunflower motions, follows the sun’s movement. It is currently installed on the physics department in the University and generates up to 1.5 KWh electricity through 20 […]
In recent days many investors are adopting the REC route and selling the solar power either to a third party or using it for captive purpose, rather than selling it to the state utilities. GERC is in the process of framing guidelines for using the solar power for captive use through nits discussion paper in […]
While Gujarat has an installed capacity of about 604 MW as on 31st March 2012, most of this capacity has come up under the state Feed in Tariff (FIT) route and the developers have signed the PPAs with the state utility. Gujarat, Rajasthan, Jharkhand and Uttarpradesh are the states who have taken highest targets of […]
While Gujarat has an installed capacity of over 650 MW as on date, most of this capacity has come up under the state Feed in Tariff (FIT) route and the developers have signed the PPAS with the state utility. Gujarat, Rajasthan, Jharkhand and Uttarpradesh are the states who have taken highest targets of RPO of […]
While Narendra Modi has inaugurated the largest solar farm at Charanka last month with a total installed capacity of 214 MW, it gives a lot of comfort to the banks and financial institutions who used to question solar as not a proven technology and hesitant in financing the solar power projects. A lot of small […]