Blogs
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...
Net metering on the way out
05 April 2021 | BRIDGE TO INDIA
Indian states are rushing to block net metering connectivity for rooftop solar systems. After the Ministry of Power’s policy guidance to restrict net metering to system sizes up to 10 kW,
Green tariffs: an emerging option for all consumers to go green
28 March 2021 | BRIDGE TO INDIA
Maharashtra has become the latest state to offer ‘green tariff’ option to grid power consumers. This route allows consumers to notionally procure renewable power through DISCOMs without incurring any capital expenditure or entering into complicated renewable power purchase agreements directly with power producers. As per the...
Investment enthusiasm spills over to wind
22 March 2021 | BRIDGE TO INDIA
SECI concluded its 1,200 MW ISTS wind tranche X auction earlier this week. The tender was oversubscribed by 2.6 times. Successful bidders include Adani (300 MW), Ayana (300 MW), Evergreen Power (150 MW) and JSW (450 MW) with tariffs between INR 2.77-2.78/ kWh. Azure (300 MW, INR...
Basic customs duty on solar cells and modules: a poor decision
15 March 2021 | BRIDGE TO INDIA
We finally have it. After almost a year of uncertainty, MNRE has announced that PV cells and modules shall be subject to basic customs duty (BCD) of 25% and 40% respectively from April 2022 onwards. MNRE has also clarified that only bids submitted until 9 March 2021 shall be offered BCD related ‘change in law’...
