Blogs
Rooftop solar growing rapidly but needs nurturing
23 July 2019 | BRIDGE TO INDIA
India is estimated to have added new rooftop solar capacity of 1,836 MW in FY 2018-19, up a remarkable 61% over previous year. Total installed capacity is estimated at 4,375 MW as on 31 March 2019. Due to negative growth in utility scale solar over the last year, rooftop solar’s share of the total solar market has shot up to a very respectable 28% (11% in the previous year). Rooftop solar...
India’s uniquely complex bidding quagmire
16 July 2019 | BRIDGE TO INDIA
Gujarat has asked winning bidders in its May 2019 wind auction for 1,000 MW projects to match the lowest tariff of INR 2.80/ kWh bid by Enerfra, a local developer. Seven other winners including Adani, ReNew, Greenko, EdF, Vena, INOX and Powerica, who had bid...
RE power trading a sensible move
12 July 2019 | Surbhi Singhvi
The Indian Energy Exchange (IEX) has repeatedly proposed to the Central Electricity Regulatory Commission (CERC) to allow spot trading of renewable energy through a separate window on its platform. While CERC had disapproved the proposal for Green Day Ahead Market in 2017 citing lack of readiness of the renewable energy market…
2019-20 budget a non-event
10 July 2019 | BRIDGE TO INDIA
The Finance Minister Nirmala Sitharaman presented maiden budget of the NDA government’s second term on 5 July 2019 with a renewed focus on infrastructure. Though energy including renewables received a lot of coverage in the budget, there was no notable increase in funding allocation, subsidies or incentives. Total budgetary allocation to MNRE for 2019-20 is INR 52.5 billion (USD 675...
Andhra Pradesh renegotiation attempt a mere bluster
10 July 2019 | BRIDGE TO INDIA
The new Andhra Pradesh government led by Chief Minister YS Jagan Mohan Reddy of the YSR Congress Party has made a sensational announcement seeking to renegotiate all renewable energy PPAs, review ‘must run’ status for the sector and cancel all...
Joint power council a permanent way out of the DISCOM bailout cycle
18 June 2019 | BRIDGE TO INDIA
All eyes are on the new government as there is talk building up of an ambitious 100-day reform agenda. Expectations are rising now that the government has won a decisive mandate and there is pressure to deal with a multitude of macroeconomic troubles. It is reassuring to note that resolving DISCOM offtake risk seems high on the agenda of the new government. News sources quoting senior government...
On the long road to electric mobility revolution
11 June 2019 | BRIDGE TO INDIA
On the long road to electric mobility revolution
Electric mobility is expected to be the next big frontier in energy transition. But the roadmap is fuzzy and the technical and financial challenges are so arduous that the Indian government is having difficulties in laying out a clear vision. After dismissing an earlier talk of
US tariffs to have nominal impact on Indian module manufacturers
05 June 2019 | BRIDGE TO INDIA
The US government has decided to end generalised system of preferences (GSP) to Indian exports from June 5, 2019 onwards after keeping the move on hold in light of the ongoing general elections in India. GSP allowed...
Debt funding concerns growing
04 June 2019 | BRIDGE TO INDIA
Total pipeline of utility scale solar and wind projects has reached a near all-time high of 32.1 GW. After a relatively lull FY 2018-19 when only 6,174 MW was installed (down 43% over previous months), installation activity should be expected to boom over the next 24 months. As per our database, based purely on commissioning schedules specified under the tenders, India should add 17.8 and 13.8...
Ancillary services market still at an early stage of development
28 May 2019 | Surbhi Singhvi
CERC released a discussion paper for a redesign of ancillary services mechanism in India in September 2018. The paper has been issued in response to various shortcomings in the existing...
Busy agenda for the new government
28 May 2019 | BRIDGE TO INDIA
Contrary to most expectations, the BJP led political alliance has won the general election with a thumping majority, even bigger than in 2014. Prime Minister Modi is expected to take oath for the next five-year term on 30 May 2019. It seems that the cabinet of ministers could also be sworn simultaneously. It will be interesting to watch who assumes charge of MNRE particularly as the Prime...
Mono-crystalline modules beginning to gain acceptance in India
23 May 2019 | Jyoti Gulia
The mono-crystalline module market has finally started gaining traction in India. In April 2019, ReNew announced commissioning of its 300 MW solar project using mono-crystalline modules in Pavagada solar park, Karnataka. Other utility scale project developers including...
