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Blogs


Unremitting price focus a major challenge for the Indian solar sector

10 September 2018 | BRIDGE TO INDIA

MNRE recently advised SECI to revise ceiling tariff downwards in new utility scale solar tenders to INR 2.68 (2.50 without any safeguard duty), a reduction of over 8% on the prevailing level of INR 2.93. The...

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Government no closer to unlocking the manufacturing puzzle

03 September 2018 | BRIDGE TO INDIA

SECI has made several amendments to its RFS for the integrated project development and module manufacturing tender. The big change is reduction in manufacturing capacity from 5 GW to 3 GW. MNRE received strong representations from the private sector with most companies not happy...

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Wind sector pick up eighteen months away

28 August 2018 | Shipra Arora

India added 1.8 GW of wind capacity in FY 2018 (down 67% over FY 2017). We estimate that capacity addition will further slow down to about 1 GW per annum over the next two years before picking up again. The slowdown is largely a result of the sector moving...

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Slow project progress poses a risk to government targets

27 August 2018 | BRIDGE TO INDIA

702 MW of new utility scale solar power generation capacity was commissioned in Q2 2018 taking total installed capacity to 24,941 MW on June 30, 2018. Capacity addition was 11% below our estimate and 60% below the scheduled commissioning target. It was also 82% lower than actual capacity addition in the previous quarter. Accordingly, we estimate total utility scale solar capacity addition in...

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Bridge To India

Floating solar slow to take-off

20 August 2018 | BRIDGE TO INDIA

In December last year, SECI announced an EOI for 10 GW of floating solar projects, which was later adopted into the government’s revised 227 GW RE target for March 2022. Several large floating solar projects have been announced subsequently over the last few months. But bid deadlines have been...

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MSEDCL fights back against rooftop solar

13 August 2018 | BRIDGE TO INDIA

Maharashtra State Electricity Distribution Company (MSEDCL), Maharashtra’s largest DISCOM, has proposed a series of measures to counter growth of rooftop solar in its latest petition to the state regulator. The proposed measures include: i)...

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Tracker market slowing down

10 August 2018 | Surbhi Singhvi

In the midst of increasing competition, falling tariffs and shrinking profit margins, the market for solar trackers picked up sharply in India in 2017. Developers were increasingly keen to use trackers to enhance project performance to maximize returns. Commissioned capacity using trackers increased from 86 MW in 2016 to 1,427 MW in 2017. India being one of the largest and fastest growing...

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Need to step up battery manufacturing in India

08 August 2018 | Surbhi Singhvi

In an encouraging move for prospects of domestic battery manufacturing, two government run institutions — Indian Space Research Organization (ISRO) and Central Electrochemical Research Institute (CECRI) — have announced 

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Bridge To India

Rooftop solar growing faster than expected

30 July 2018 | BRIDGE TO INDIA

BRIDGE TO INDIA has released the latest edition of its India Solar Rooftop Map report. As per the report, India added new rooftop solar capacity of 1,142 MW in the financial year 2017-18, up 68% over previous year. Total installed capacity is estimated to have reached 2,538 MW as on 31 March, 2018.. OPEX market share is rising strongly, driven by increasing customer preference and investor...

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The government announces yet another idea for domestic manufacturing

23 July 2018 | BRIDGE TO INDIA

Indian government appears to be working on a new scheme to support domestic manufacturing. The scheme involves procuring 12 GW of new project capacity using domestically manufactured...

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DGTR announces final safeguard duty recommendation

18 July 2018 | Vinay Rustagi

The Directorate General of Trade Remedies (DGTR), Ministry of Commerce and Industry, has issued its final decision on the safeguard duty petition by domestic cell and module manufacturers. It has recommended a safeguard duty on imports of all cells and modules, irrespective of technology, for a period of two years – 25% in the first year falling to 20% and 15% in the subsequent six month...

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