BRIDGE TO INDIA | 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. ...

BRIDGE TO INDIA | 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......

BRIDGE TO INDIA | 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 e...

BRIDGE TO INDIA | 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 scal...

BRIDGE TO INDIA | 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 ...

BRIDGE TO INDIA | 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 ...

BRIDGE TO INDIA | 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.....

BRIDGE TO INDIA | 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 ...

BRIDGE TO INDIA | 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 auc...

BRIDGE TO INDIA | 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 capa...

BRIDGE TO INDIA | 29 October 2018

RE projects are facing increasing financing challenges. Liquidity in the Indian financial system has dried up considerably pushing up cost of debt finance by 1.0-1.5% over last year. To make matters worse, we understand that most private banks and no...

BRIDGE TO INDIA | 22 October 2018

Uttar Pradesh conducted auction for its 500 MW utility scale solar tender on 10 October 2018. Winning tariffs came at between INR 3.17-3.23/ kWh (USD cents 4.4). Capacity was won by NTPC (160 MW), Adani (100 MW), Sukhbir Agro, Eden, Solar Arise......