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Blogs


Recent solar auctions indicate a sector disconnect

16 July 2018 | BRIDGE TO INDIA

SECI completed auction for its 3,000 MW solar tender last week. Capacity was won by 6 developers – Acme (600 MW, tariff INR 2.44/ kWh), Azure (300 MW, 2.64), Canadian Solar (200, 2.70), Adani (300, 2.71), ReNew (500, 2.71) and Softbank (1,100 MW, 2.71). The auction follows another similar 2,000 MW solar auction conducted by SECI just two weeks ago where Acme (600 MW) and five other Indian...

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Madhya Pradesh issues an innovative rooftop solar tender

12 July 2018 | BRIDGE TO INDIA

Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL), in partnership with the World Bank, has issued a 28 MW rooftop solar tender under the OPEX model. The tender has been re-issued but the capacity has been revised down from 40...

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Indian solar market records new heights in 2017-18

10 July 2018 | BRIDGE TO INDIA

India’s total installed utility scale solar capacity grew by over 70% in 2017-18 to reach 21.3 GW. Total solar capacity including rooftop solar and off-grid systems reached 24.5 GW as of March 31, 2018. Total utility scale solar capacity in 2017-18 was 9.1 GW, up 72% over last year and more than all other sources combined (4.6 GW of thermal and 1.7 GW of wind power); Karnataka added 4.1...

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Growing renewable energy faces new pressures

02 July 2018 | Vinay Rustagi

India has made tremendous progress in renewable energy in the last four years. Solar sector, in particular, has grown rapidly with India becoming the third largest international solar market after China and the USA. Both by total installed capacity and annual capacity addition, India is now amongst the top five renewable countries in the world. The industry is understandably upbeat about the...

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Bridge To India

Installation activity to slowdown in 2018

28 June 2018 | Surbhi Singhvi

Q1 2018 saw commissioning of a record 3,766 MW (+100% over Q4 2017) of utility scale solar projects. Cumulative utility scale solar capacity has crossed the 20,000 MW mark and now stands at 21,331 MW. Figure: Quarterly utility scale solar capacity addition, MW Source: BRIDGE TO INDIA research The record capacity addition came despite significant delays faced in many projects under...

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MNRE’s new 227 GW plan lacks credibility

25 June 2018 | BRIDGE TO INDIA

There have been some bold announcements coming out of MNRE in the last few weeks. It has claimed that India aims to achieve total RE capacity (excluding large hydro) of 227 GW by March 2022....

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Public sector fails to meet rooftop solar promise

18 June 2018 | BRIDGE TO INDIA

Deadline for project completion under SECI’s 1,000 MW rooftop solar tender for installation on public sector sites is coming up at the end of June 2018. The tender was issued back in December 2016. Because of various...

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Open access market in Telangana slows down

15 June 2018 | BRIDGE TO INDIA

Telangana is the third largest open access (OA) state in the country with an installed capacity 322 MW. The state has an attractive OA policy and added 145 MW capacity in 2015. But since then, activity has slowed down significantly. Last two years saw new capacity addition of only 22 MW and 64 MW respectively.  Figure: OA solar capacity addition in Telangana, MW Source: BRIDGE TO...

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Bridge To India

China scale back a huge positive for India

11 June 2018 | BRIDGE TO INDIA

Chinese authorities have announced a major pull back in the country’s solar programme. Their new plan, titled 2018 Solar PV Power Generation Notice, proposes many radical and largely unexpected changes – utility scale target of 13.9...

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Another fanciful idea for domestic manufacturing

04 June 2018 | BRIDGE TO INDIA

SECI has issued a new request for selection (RFS) for creating integrated module manufacturing capacity of 5 GW. Interested parties can bid for setting up manufacturing capacity in blocks of 1 GW each. The only financial incentive available to them – assured...

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Karnataka order shows the perils of open access market in India

28 May 2018 | BRIDGE TO INDIA

Earlier this month, Karnataka Electricity Regulatory Commission (KERC), the state power regulator, issued an order notifying various open access charges for renewable projects. The regulator has withdrawn all open access incentives for solar...

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Bidding stays aggressive in solar auctions

24 May 2018 | BRIDGE TO INDIA

NTPC, SECI and Maharashtra State Electricity Distribution Company Limited (MSEDCL) completed auctions for their 750 MW, 200 MW and 1,000 MW tenders respectively in last two weeks. The NTPC and SECI projects would be located in Anantapur solar park, Andhra Pradesh and Pavagada solar park, Karnataka respectively. There is no solar park availability for the MSEDCL tender. Capacity has been won...

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