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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...

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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...

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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...

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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...

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Bridge To India

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

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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...

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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...

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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...

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Bridge To India

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...

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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...

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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...

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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...

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