Blogs
Agricultural solar hobbling
13 September 2020 | BRIDGE TO INDIA
Latest MNRE data shows that less than 9,000 solar pumps were installed in FY 2020, the lowest in last five years. Progress on distributed solar projects for agricultural consumption is equally disappointing. Maharashtra, Haryana and Rajasthan are the only three states to have issued tenders for agricultural feeder based solar projects. Maharashtra’s 1,400 MW tender has been undersubscribed...
Draft regulation lacks measures to boost trading volumes
07 September 2020 | Mridul Chadha
Central Electricity Regulatory Commission (CERC) recently issued a draft regulation for power markets. The regulation is aimed at improving transparency in market trading and lay groundwork for derivative trading in near future. Figure: Power traded through short-term markets Source: CERC annual market monitoring reports One of the most important proposals is to set up a...
India RE Policy Update – August 2020
05 September 2020 | BRIDGE TO INDIA
This video presents a monthly snapshot of key policy and regulatory developments in India’s renewable power...
India RE Tenders Update – August 2020
02 September 2020 | 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...
Sun setting on new thermal power
02 September 2020 | BRIDGE TO INDIA
In an encouraging development for renewable power, Indian states and private investors are turning their back en masse on new thermal power capacity. Energy minister of Maharashtra, the largest power consuming state, announced last week that
More power to the exchanges
29 August 2020 | BRIDGE TO INDIA
Indian Energy Exchange opened a new window for trading of renewable power this week. Solar and non-solar renewable power can be traded separately under four different contract types: intra-day, for delivery within 3.5 hours; day-ahead, for...
Manufacturing hopes not steeped in fundamentals
22 August 2020 | BRIDGE TO INDIA
ReNew recently made a surprise announcement to set up a 2 GW PV cell and module manufacturing line. Adani and Azure, the latter in partnership with Waaree, are already due to set up cell and module manufacturing capacity of 2 GW and 1 GW respectively as part of their win in the manufacturing-linked tender. Several...
India RE Policy Update – July 2020
18 August 2020 | BRIDGE TO INDIA
This video presents a monthly snapshot of key policy and regulatory developments in India’s renewable power...
India RE Tenders Update – July 2020
18 August 2020 | 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...
Transmission outlook improving
16 August 2020 | BRIDGE TO INDIA
CERC, the national power sector regulator, has issued a set of proposed amendments to procedure for grant of inter-state transmission system (ISTS) connectivity approval to renewable projects. Among the major proposals is relaxation in the onerous bank guarantee requirements. Deadline for commissioning of transmission line and obligation for payment of transmission charges are proposed to be...
C&I renewable market held back by policy uncertainty
08 August 2020 | BRIDGE TO INDIA
Last week, Norfund, Norway’s development finance institution, announced a USD 100 million investment together with Siemens into Berkeley Energy Commercial Industrial Solutions (BECIS). The two companies have agreed to invest USD 50 million each into BECIS, which offers rooftop solar and other energy solutions to C&I consumers under PPA model. BECIS, founded by Berkeley Energy, is a new...
Module market evolving rapidly
01 August 2020 | BRIDGE TO INDIA
Chinese module major Trina launched a new series of 550 W bifacial modules recently and announced production of a new 600 W version from next year onwards. The company also announced that it expects to triple production to 31 GW in 2022, up from 10 GW last year. The new modules use half-cut cells and are reported to...
