Blogs
Solar manufacturing ambitions create yet more uncertainty
06 June 2021 | BRIDGE TO INDIA
The government’s Make in India policy is creating endless uncertainty for the solar sector. The Ministry of Commerce and Industry has initiated a new anti-dumping duty (ADD) investigation into solar cell and module imports from China, Thailand and Vietnam potentially dashing hopes of developers for a
Decisive course correction to retain investors
24 May 2021 | BRIDGE TO INDIA
As COVID pandemic rages across the country, MNRE has granted further time extension to projects under construction. The extension, not yet quantified because it is still too early to assess actual impact, would be applicable only to projects tendered by central government agencies with scheduled COD after 1 April 2021. But state government agencies are expected to follow suit. COVID is not...
PSUs frittering away their core strengths
17 May 2021 | BRIDGE TO INDIA
Coal India Limited, a public sector company and the world’s largest coal producer, won 100 MW capacity in the recent 500 MW solar auction in Gujarat with a bid of INR 2.20/ kWh. Two of the other four bidders in the auction were also PSUs – NTPC and SJVN won 150 MW and 70 MW capacities with bids of INR 2.20 and 2.21...
India Renewable Power Tenders Update – April 2021
11 May 2021 | BRIDGE TO INDIA
This video presents a summary of major developments for renewable tenders during the month. It includes details of tender issuance, bid submission, completed auctions and related market...
India Renewable Power Policy Update – April 2021
11 May 2021 | BRIDGE TO INDIA
This video presents a monthly snapshot of key policy and regulatory developments in India’s renewable power...
Warning: ‘duck’ curve ahead!
10 May 2021 | BRIDGE TO INDIA
In Q1 2021, daytime power prices in southern Australia fell repeatedly below zero between 10 am and 3:30 pm. The negative prices came on back of low power demand and increasing renewable power penetration in the
Two exits tell a sorry tale
30 April 2021 | BRIDGE TO INDIA
Japan’s SoftBank is in the process of exiting Indian renewable sector, selling most of its 80% stake in SB Energy to CPPIB, the Canadian pension fund. Remaining 20% stake in the company would continue to be held by Bharti Enterprises. SB Energy...
Rooftop solar market resilient but for how long?
26 April 2021 | BRIDGE TO INDIA
BRIDGE TO INDIA’s latest data compilation exercise for rooftop solar suggests that India installed 1,352 MW capacity in 2020, down 13.5% YOY. Total installed capacity is estimated to have reached 6,792 MW by December 2020. In a
Duty-free window a dilemma for solar project developers
18 April 2021 | BRIDGE TO INDIA
As things stand today, safeguard duty (SGD) of 14.5% on solar PV cells and modules is set to expire on 29 July 2021. While the Ministry of Commerce trade investigation is still supposedly ongoing, another extension is looking unlikely. Basic...
India Renewable Power Policy Update – March 2021
11 April 2021 | BRIDGE TO INDIA
This video presents a monthly snapshot of key policy and regulatory developments in India’s renewable power...
India Renewable Power Tenders Update – March 2021
10 April 2021 | BRIDGE TO INDIA
This video presents a summary of major developments for renewable tenders during the month. It includes details of tender issuance, bid submission, completed auctions and related market...
PLI scheme approved for solar manufacturing
10 April 2021 | BRIDGE TO INDIA
The Indian Cabinet has approved Production Linked Incentive (PLI) scheme worth INR 45 billion (USD 602 million) for domestic solar manufacturing. The scheme targets total cell-module manufacturing capacity addition of 10,000 MW. Prospective...
