BRIDGE TO INDIA


Policy reversals threaten private sale of renewable energy   
19 March 2019 |

DISCOMs across India are increasingly railing against private procurement of renewable energy. Following Uttar Pradesh’s recent decision to cancel net metering for C&I consumers, Andhra Pradesh and Haryana have withdrawn most incentives provided to open access solar power. And Maharashtra State Electricity Distribution Company (MSEDCL), India’s largest...

Policy reversals threaten private sale of renewable energy   
19 March 2019 |

DISCOMs across India are increasingly railing against private procurement of renewable energy. Following Uttar Pradesh’s recent decision to cancel net metering for C&I consumers, Andhra Pradesh and Haryana have withdrawn most incentives provided to open access solar power. And Maharashtra State Electricity Distribution Company (MSEDCL), India’s largest...


Indian RE increasingly dependent on foreign capital   
11 March 2019 |

A quick look at the profile of winning bidders in utility scale wind and solar auctions over last three years throws some pointed results. The role of international investors – utilities, developers and financial investors (pension funds, sovereign wealth funds, PE funds) – is becoming more critical. Their combined share has gone up steadily from 32% in 2016 to 65%…

Indian RE increasingly dependent on foreign capital   
11 March 2019 |

A quick look at the profile of winning bidders in utility scale wind and solar auctions over last three years throws some pointed results. The role of international investors – utilities, developers and financial investors (pension funds, sovereign wealth funds, PE funds) – is becoming more critical. Their combined share has gone up steadily from 32% in 2016 to 65%…


A draconian approach to solve quality problems?   
04 March 2019 |

MNRE recently issued a notification to create an “Approved List of Models and Manufacturers” of PV cells and modules in India. The notification states that all solar projects set up under any form of government scheme or programme would be required to procure cells and modules from the approved list. It would be effective from April 2020 onwards and approvals…

A draconian approach to solve quality problems?   
04 March 2019 |

MNRE recently issued a notification to create an “Approved List of Models and Manufacturers” of PV cells and modules in India. The notification states that all solar projects set up under any form of government scheme or programme would be required to procure cells and modules from the approved list. It would be effective from April 2020 onwards and approvals…


Cabinet approval for rooftop and rural solar schemes means little   
24 February 2019 |

Last week, India’s Cabinet Committee on Economic Affairs finally issued its approval for two signature policy schemes announced by the government more than a year ago. The two schemes – SRISTI, covering rooftop solar and KUSUM, covering agriculture solar – are ambitious. The target is to add total distributed solar capacity of approximately 36,000 MW...

Cabinet approval for rooftop and rural solar schemes means little   
24 February 2019 |

Last week, India’s Cabinet Committee on Economic Affairs finally issued its approval for two signature policy schemes announced by the government more than a year ago. The two schemes – SRISTI, covering rooftop solar and KUSUM, covering agriculture solar – are ambitious. The target is to add total distributed solar capacity of approximately 36,000 MW...


Gujarat rides roughshod over developers   
28 January 2019 |

Gujarat has cancelled the Banaskantha solar park based 700 MW utility scale solar tender for which an auction was conducted in December 2018. Winning bidders were SB Energy (250 MW, INR 2.84/ kWh), Fortum (250, 2.89) and Engie (200, 2.89).  Reason for cancellation is same as ever and arbitrary – the winning tariffs are “too high.” Main reason for high…

Gujarat rides roughshod over developers   
28 January 2019 |

Gujarat has cancelled the Banaskantha solar park based 700 MW utility scale solar tender for which an auction was conducted in December 2018. Winning bidders were SB Energy (250 MW, INR 2.84/ kWh), Fortum (250, 2.89) and Engie (200, 2.89).  Reason for cancellation is same as ever and arbitrary – the winning tariffs are “too high.” Main reason for high…


General elections to slow things down but no retreat for RE   
21 January 2019 |

India’s general elections are around the corner. Scheduled date is May and final detailed time-table should be announced soon around early March. There is emerging consensus that no single party is likely to return with majority in the parliament. The increasing possibility seems one of a highly fractured verdict and a weak coalition government. This is giving rise to fears…

General elections to slow things down but no retreat for RE   
21 January 2019 |

India’s general elections are around the corner. Scheduled date is May and final detailed time-table should be announced soon around early March. There is emerging consensus that no single party is likely to return with majority in the parliament. The increasing possibility seems one of a highly fractured verdict and a weak coalition government. This is giving rise to fears…


Sense of déjà vu as RE tenders soar again   
14 January 2019 |

In the last six weeks starting December 2018, 22 utility scale tenders aggregating 15,453 MW of capacity have been issued for wind and solar power projects in India. This spree has come as MNRE announced a revised plan in December 2018 to issue tenders for an aggregate capacity of 80,000 MW by March 2020 – equivalent to a phenomenal monthly…

Sense of déjà vu as RE tenders soar again   
14 January 2019 |

In the last six weeks starting December 2018, 22 utility scale tenders aggregating 15,453 MW of capacity have been issued for wind and solar power projects in India. This spree has come as MNRE announced a revised plan in December 2018 to issue tenders for an aggregate capacity of 80,000 MW by March 2020 – equivalent to a phenomenal monthly…


Can ‘power for all’ turn into a reality?   
07 January 2019 |

The Indian government’s revised deadline for providing universal electricity access to all households under the SAUBHAGYA scheme lapsed on 31 December, 2018. The scheme portal shows that 24 million households, 97% of the revised target, have been electrified since October 2017. The only states yet to achieve 100% electrification – Rajasthan...

Can ‘power for all’ turn into a reality?   
07 January 2019 |

The Indian government’s revised deadline for providing universal electricity access to all households under the SAUBHAGYA scheme lapsed on 31 December, 2018. The scheme portal shows that 24 million households, 97% of the revised target, have been electrified since October 2017. The only states yet to achieve 100% electrification – Rajasthan...


2018 – one step forward, two steps backward   
17 December 2018 |

As 2018 comes to an end, we take stock of the progress made by the RE sector in the year. After finishing 2017 on a record high, total capacity addition is expected to fall by 32%. The fall is most notable in wind (down 46%), followed by utility scale solar (down 36%). In contrast, rooftop solar has grown by about…

2018 – one step forward, two steps backward   
17 December 2018 |

As 2018 comes to an end, we take stock of the progress made by the RE sector in the year. After finishing 2017 on a record high, total capacity addition is expected to fall by 32%. The fall is most notable in wind (down 46%), followed by utility scale solar (down 36%). In contrast, rooftop solar has grown by about…


Maharashtra bets on agriculture feeder projects   
10 December 2018 |

Last year, the state government of Maharashtra had announced a solar agriculture feeder scheme with the aim to solarise such feeders across the state. Under the scheme, developers would be selected through competitive bidding for project sizes up to 50MW. They would sign fixed-price PPA’s with Maharashtra State Electricity Distribution Company Limited, the state DISCOM, for 25 years. Project sizes…

Maharashtra bets on agriculture feeder projects   
10 December 2018 |

Last year, the state government of Maharashtra had announced a solar agriculture feeder scheme with the aim to solarise such feeders across the state. Under the scheme, developers would be selected through competitive bidding for project sizes up to 50MW. They would sign fixed-price PPA’s with Maharashtra State Electricity Distribution Company Limited, the state DISCOM, for 25 years. Project sizes…


Rooftop solar needs a new policy paradigm   
03 December 2018 |

BRIDGE TO INDIA has just completed the latest round of rooftop solar data compilation exercise. India added new rooftop solar capacity of 1,538 MW in the year ending September 2018, up a remarkable 75% over previous year. Total installed capacity is estimated to have reached 3,399 MW as on 30 September 2018. Robust growth even in the face of safeguard…

Rooftop solar needs a new policy paradigm   
03 December 2018 |

BRIDGE TO INDIA has just completed the latest round of rooftop solar data compilation exercise. India added new rooftop solar capacity of 1,538 MW in the year ending September 2018, up a remarkable 75% over previous year. Total installed capacity is estimated to have reached 3,399 MW as on 30 September 2018. Robust growth even in the face of safeguard…


Chinese companies boost their presence in the Indian inverter market   
26 November 2018 |

After occupying a dominant position in module supply, the Chinese companies are aggressively expanding their presence in the Indian solar inverter market. Their combined market share in utility scale projects in the latest available 12-month period has gone up to 46% from 1% just three years ago. 3 of the top 5 players are from China. There is a similar…

Chinese companies boost their presence in the Indian inverter market   
26 November 2018 |

After occupying a dominant position in module supply, the Chinese companies are aggressively expanding their presence in the Indian solar inverter market. Their combined market share in utility scale projects in the latest available 12-month period has gone up to 46% from 1% just three years ago. 3 of the top 5 players are from China. There is a similar…


Module industry going through step changes   
19 November 2018 |

Global solar demand is expected to fall for the first time ever this year – to about 85-90 GW from 103 GW last year. Most of the leading countries including China, India, US and Japan are reporting significant declines in capacity addition. Result – multi-crystalline module prices have fallen to USD 0.22/ W, down nearly 40% in the last nine…

Module industry going through step changes   
19 November 2018 |

Global solar demand is expected to fall for the first time ever this year – to about 85-90 GW from 103 GW last year. Most of the leading countries including China, India, US and Japan are reporting significant declines in capacity addition. Result – multi-crystalline module prices have fallen to USD 0.22/ W, down nearly 40% in the last nine…


RE market forced to consolidate through the primary route   
13 November 2018 |

In the first nine months of this year, 10,081 MW of utility scale solar capacity has been auctioned, up nearly 70% over the entire year 2016. A close look at the auction results shows some very interesting trends – despite the sharp increase in auctioned capacity, number of winning bidders has fallen to 26 from 49 two years ago. Average…

RE market forced to consolidate through the primary route   
13 November 2018 |

In the first nine months of this year, 10,081 MW of utility scale solar capacity has been auctioned, up nearly 70% over the entire year 2016. A close look at the auction results shows some very interesting trends – despite the sharp increase in auctioned capacity, number of winning bidders has fallen to 26 from 49 two years ago. Average…


Sputtering RE needs decisive government help   
05 November 2018 |

India added total solar and wind capacity of 2,074 MW (up 70% over previous quarter) in Q3 2018. Total installed capacity reached 61.1 GW on 30 September 2018 – including 23.2 GW utility solar, 3.4 GW rooftop solar and 34.5 GW wind. Quarterly capacity addition has been highly erratic because of uncertain auction time-table. The sector faces several challenges related to…

Sputtering RE needs decisive government help   
05 November 2018 |

India added total solar and wind capacity of 2,074 MW (up 70% over previous quarter) in Q3 2018. Total installed capacity reached 61.1 GW on 30 September 2018 – including 23.2 GW utility solar, 3.4 GW rooftop solar and 34.5 GW wind. Quarterly capacity addition has been highly erratic because of uncertain auction time-table. The sector faces several challenges related to…


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