Solar Market

Nov 12, 2020

by sonali in Solar Market

The Center must maintain the balance of power: Government versus regulatory

Instead of intruding into state matters, the Centre must focus on aspects such as the availability of round-the-clock affordable power supply to consumers without any load-shedding. The Ministry of Power must refrain from overstepping its jurisdiction and interfering in-state electricity matters We are well-versed of the fact that power is a Concurrent subject under the […]

Nov 12, 2020

by sonali in Solar Market

Siemens Energy exits coal; India entity not to see much impact in business

Germany’s Siemens Energy has recently said it would not take up new projects supporting coal-fired power stations in India, following USA’s General Electric in announcing a no-coal strategy globally. Siemens Energy builds steam turbines for power plants, but that business is not big for it in India. Siemens Energy, which is part of Siemens Ltd, […]

Nov 12, 2020

by sonali in Solar Market

8 MW Solar Energy capacity commercially operational at NTPC Auraiya project

NTPC has recently said that solar energy generation capacity at its Auraiya project in Uttar Pradesh has been made commercially operational. The remaining 12 MW solar capacity under implementation is expected to be operational by March 2021. “Consequent upon successful commissioning, 8 MW part capacity of 20 MW Auraiya Solar PV Project at Auraiya, UP, […]

Nov 12, 2020

by sonali in Solar Market, Solar Policy

Chandigarh issues tender for complete privatisation of power discom

Becoming the first Union Territory to offer its power distribution company for complete privatization, Chandigarh has issued a tender inviting bids for the same. Privatization of discoms was part of Centre’s Aatmnirbhar Bharat plan announced in May for economic revival. The Electricity wing of engineering department of Union Territory of Chandigarh invited bids from interested […]

Nov 02, 2020

by sonali in Solar, Solar Market

Power Monopoly ends with South Africa’s cities switching to Solar

After the energy ministry’s approval of letting cities to wean themselves off the state utility, South Africa’s biggest cities are preparing to source their own power. This has earlier subjected cities to outages for the past 13 years. More and more sustainable sources such as solar and landfill gas produced power are being planned by […]

Oct 08, 2020

by Indrajit mazumdar in Rooftop Solar, Solar Market, Solar Policy

ROOFTOP SOLAR INSTALLATIONS AT A LOW KEY

New rooftop solar installations in India fell to a four year low in the first half of 2020 due to policy changes, financing costs and the impact of covid-19 pandemic slowing India’s transition to a green energy regime. Only 473 MW of new rooftop systems were installed between January and June this year as residential […]

Oct 01, 2020

by admin in Solar @Kenya, Solar Market, Solar Policy

There are many good reasons to install a commercial scale solar energy system with Zero capital outlay

While the business are finding the electricity cost as a significant concern in maintaining their products at an optimum price. The commercial establishments can opt for solar installations without zero capital outlay under a Power Purchase Arrangement (PPA) with Firstgreen. Today, Firstgreen has partnered with some of the leading financers to provide you azero capital […]

Sep 19, 2020

by Indrajit mazumdar in Newsletter-Solar, Policy and Regulations, Solar Market

INTERNATIONAL SOLAR ALLIANCE: EFFORTS TO BECOME A GLOBAL GRID NODAL AGENGY

Number of partnerships were inked on 8 th September 2020 at the First World Technology Summit hosted by the International Solar Alliance (ISA). ISA has been given the nodal agency mandate for implementing India’s global electricity grid plan. It has also entered into a partnership with NTPC which will help India’s largest power utility to […]

Sep 19, 2020

by admin in Solar Market, Solar Policy, Solar project Financing

What are the sources of finance for the solar rooftop developers?

Solar project developers are striving to get finances from banks and private equity players. Indian banks have very limited financing exposure for solar rooftop projects. So far the banks have over 800 Bn $ exposure and 16% of the assets are stressed assets. Stressed assets are exerting pressure on public sector banks in particular and […]

Sep 19, 2020

by admin in Rooftop Solar, Solar Market, Solar Policy, Solar project Financing

Rooftop PPA defaults and its remadies

PPA default occurs when there is a breach of contract between developer and off-taker. The off-taker may default due to a failure to make agreed payments, failure to perform the contracted obligations, provision of incorrect information in the initial PPA agreement, and shutdown of the off-taker’s business. The developer will be in default if the […]

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Solar Market

The Center must maintain the balance of power: Government versus regulatory

Siemens Energy exits coal; India entity not to see much impact in business

8 MW Solar Energy capacity commercially operational at NTPC Auraiya project

Chandigarh issues tender for complete privatisation of power discom

Power Monopoly ends with South Africa’s cities switching to Solar

ROOFTOP SOLAR INSTALLATIONS AT A LOW KEY

There are many good reasons to install a commercial scale solar energy system with Zero capital outlay

INTERNATIONAL SOLAR ALLIANCE: EFFORTS TO BECOME A GLOBAL GRID NODAL AGENGY

What are the sources of finance for the solar rooftop developers?

Rooftop PPA defaults and its remadies

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