Loading...

Blogs


India trying out multiple options to promote domestic solar manufacturing; results elude

11 July 2016 | BRIDGE TO INDIA

Last week, a news report suggested that India will shortly announce new tenders with modified Domestic Content Requirement (DCR) where modules used will need to be assembled in India but the cells may be imported (

Read more...


SECI receives bids for 602 MW capacity for a 500 MW rooftop solar tender

04 July 2016 | BRIDGE TO INDIA

Solar Energy Corporation of India (SECI) has received bids totalling 602 MW for a 500 MW tender where SECI proposes to provide 30% capital subsidy to the lowest cost bidders. The tender is restricted to rooftop solar projects for residential and institutional segments (

Read more...


New push needed for net-metering implementation

27 June 2016 | BRIDGE TO INDIA

As the Indian solar sector continues to gather more momentum by the day, one area that often feels relatively neglected is rooftop solar. India’s rooftop solar capacity is currently estimated at 740 MW, only about 10% of total solar PV capacity in the country. Delays in approvals, undefined responsibilities and accountability, unavailability of meters, restrictions on system sizes are some...

Read more...


Delhi can become a model for rooftop solar implementation across India

22 June 2016 | Jyoti Gulia

The Delhi government approved its first solar policy on June 6, 2016. The policy understandably focuses on rooftop solar development because of shortage of available land space in the city. It has many innovative provisions and provides for exemptions and simplification of procedures for rooftop system installation. The policy introduces ‘Group Net Metering’ for the first time in India,...

Read more...


Bridge To India

Successful sale of solar assets driving confidence in the sector

20 June 2016 | BRIDGE TO INDIA

As the Indian solar sector grows, there has been growing pressure on Indian project developers to churn their capital. The merger and acquisition (M&A) activity in the sector is gathering pace and it is believed that as many as 3,000 MW of projects are on sale right now. Last week, a report quoted that IDFC Alternatives, an Indian private equity fund, is in advanced discussions to buy 275 MW...

Read more...


Indian corporates assert themselves as bidding intensity comes down

13 June 2016 | BRIDGE TO INDIA

Results were announced last week for 1,050 MW of projects tendered by Solar Energy Corporation of India (SECI) in Karnataka (950 MW) and Chhattisgarh (100 MW) under the Viability Gap Funding (VGF) scheme. These projects will be set up outside solar parks and will have no module sourcing restrictions. Adani (350 MW), Hero Future Energies (200 MW), Energon (100 MW), Acme Solar (160 MW) and Solar...

Read more...


India issues a credible draft of mini and micro grid policy

06 June 2016 | BRIDGE TO INDIA

The Ministry of New and Renewable Energy (MNRE) has issued a draft national policy for mini and micro grids (refer). The policy aims to create up to 500 MW capacity in the private sector in the next five years. India has a terrible record on providing reliable grid...

Read more...


Rooftop solar market in India witnessing rapid growth but 2022 target seems elusive

31 May 2016 | Jyoti Gulia

Over the past two years, the rooftop solar market in India has grown at a compounded annual growth rate of 90%. As of March 31, 2016 the cumulative installed capacity stands at 740 MW (refer INDIA SOLAR HANDBOOK 2016). This growth is directly linked to the improvement in price competitiveness of rooftop solar power...

Read more...


Bridge To India

Two-year report card: 8/10 on solar policy environment in India for Modi Government

30 May 2016 | BRIDGE TO INDIA

The Modi government recently completed two years in office. Substantial progress has been made in our view on improving overall sector investment outlook and policy environment in these two years under minister Piyush Goyal. There is a very supportive broad policy framework in place; Specific policies and/or plans have either been put in place or are being deliberated upon for each of the...

Read more...


India may offer direct financial incentives to boost solar manufacturing

23 May 2016 | BRIDGE TO INDIA

In our last weekly update, we discussed the state of domestic manufacturing and Indian government’s efforts to improve prospects of the sector after the domestic content requirement mechanism was challenged successfully by the USA at the World Trade Organization (WTO) (refer). Recent reports suggest...

Read more...


Curtailment risk imminent for Indian solar projects in the years to come

18 May 2016 | Jasmeet Khurana

With a target of 100 GW, India is hoping to get 8% of its power requirements from solar PV by 2022. In comparison, Germany got around 7.5%[1] of its power consumption from solar PV in 2015 and China is still at around 3%[2]. In Germany, where most of the solar capacity has been deployed in the form of distributed solar...

Read more...


Solar manufacturing in India; still waiting

16 May 2016 | BRIDGE TO INDIA

Earlier this month, the Ministry of New and Renewable Energy (MNRE) published an update stating that India’s cell and module manufacturing capacity now stands at 1,212 MW and 5,620 MW respectively (refer). These numbers appear respectable...

Read more...


To top