In Karnataka, which is India’s top solar state, 970 MW of grid-connected solar photovoltaic (PV) projects have been saved from tariff dispute. This situation arose after the procurers and power traders could not arrive at a mutually agreed tariff
The Karnataka Electricity Regulatory Commission (KERC) has dismissed a petition filed by Emmvee Photovoltaic Power Private Limited and ES Sun Power Private Limited, stating that these two solar power developers
Recent developments in the renewable energy space saw a record drop in solar power tariffs and technological improvement in the energy storage solutions. This has put a question mark on the future of coal as a dominant yet polluting, depleting and costly source of energy for which citizens continue to pay a premium pri
Solar tariffs rose sharply from their lowest level in the latest solar auction of 860 MW conducted by Karnataka’s Renewable Energy Development Ltd (KREDL). The lowest price was Rs 2.94 per unit, way above the winning tariffs of Rs 2.47 and Rs 2.44 per unit at the last two auctions in Rajasthan in December and May last year respectively.
Electric vehicle maker and solar installer Tesla Inc. said on Tuesday that it does not expect President Donald Trump’s solar tariff to have much impact on its high-tech solar manufacturing ambitions, thanks to a clause exempting a vast amount of solar panel components from the levies.
The Uttar Pradesh Electricity Regulatory Commission has adopted Rs 7.02 per unit as the solar tariff for the year 2015-16 for nine bidding companies who have already commissioned their projects for 12 years.
Tariff of Essel Infraprojects’ solar power plant at Uttar Pradesh (UP) has been upheld by Uttar Pradesh Electricity Regulatory Commission, more than a year after the project was commissioned.
Renewable energy minister Raj Kumar Singh has complained to finance minister Arun Jaitley that customs officials are demanding duty on imported solar equipment, which has led to ports getting jammed with shipments and jeopardised the prime minister’s flagship programme of accelerating renewable energy projects.
The recent spike in spot power prices on the power exchanges is unlikely to sustain over the medium term in light of significant spare capacity and inability of generators to tie up long-term power purchase agreements (PPAs), according to India ratings and Research (Ind-Ra).
Cold facts show solar naysayers are wron
Naysayers may have doubted the sustainability of the dramatic reduction in solar tariff in India in recent years but an analysis of comparative date shows that low solar tariff is here to stay.