Loading...

Blogs


Weekly update : India to amend its “Electricity Act” – what does that mean for solar?

09 December 2014 | BRIDGE TO INDIA

The Indian government is planning to amend the Electricity Act 2003 in a fundamental power sector reform. The goal is to break the monopoly of power distribution companies on the end consumer and allow for more effective competition in the last-mile delivery and sale of power (

Read more...


Is raising the solar RPO target to 10.5% a good idea?

06 December 2014 | Mudit Jain

India’s new government has been very bullish on growing solar. Plans are underway to revise the National Solar Mission (NSM) target to 100 GW by 2022. There is a lively debate in the industry about the achievability of the targets and about the best ways to reach them. Now, it transpired that the Ministry of New and Renewable Energy (MNRE) wants to increase solar Renewable Purchase Obligation...

Read more...


What makes Tamil Nadu a leader in the Indian rooftop solar market?

04 December 2014 | Jyoti Gulia

BRIDGE TO INDIA recently carried out a first of its kind analysis on India’s rooftop solar market in India (refer here). It is based on extensive interviews the team has conducted with almost all stakeholders in the market over the last few months. With about one-fifth of all rooftop solar installations concentrated in...

Read more...


How India can install 30 GW distributed solar projects by 2022

03 December 2014 | Mudit Jain

India’s new government is revamping the National Solar Mission (NSM). The target has been revised to 100 GW by 2022 from the originally envisaged 20 GW. Based on unconfirmed information, 30 GW has been earmarked to come from distributed generation. This target is very ambitious, considering the fact that India’s current distributed solar capacity is only 285 MW, which is less than 1% of the...

Read more...


Bridge To India

Weekly update: Can India achieve 100 GW solar in 8 years?

02 December 2014 | BRIDGE TO INDIA

Last week, speaking at a UNEP and FICCI conference on ‘Designing a sustainable financial system for India’, the Minister for Coal, Power and Renewable Energy, Shri. Piyush Goyal reiterated the government’s plan to achieve 100 GW of solar by 2022. This is a very ambitious goal – to say the least. Is it feasible? The short answer is: it depends on political will. And it will...

Read more...


Weekly update: How real is India’s solar target for 100 GW by 2022?

26 November 2014 | BRIDGE TO INDIA

Over the past few weeks, India’s minister for power, coal and renewables, Mr. Piyush Goyal has publicly stated on several occasions that he envisions India to have 100 GW of solar capacity by 2022. This is very ambitious. For this target to be achieved, India would soon have to start ramping up solar capacity at a pace similar to that of China, which plans to add another 40 GW in the next...

Read more...


Sunny days are here for solar power in India

24 November 2014 | Tobias Engelmeier

India under Modi’s regime is being deliberated as a preferred destination for solar investments from rest of the world. An upcoming mega exhibition is going to be held in Delhi in February, to facilitate the international investment in India, “RE Invest Summit” (link). Though solar makes sense in India, but the question still...

Read more...


Weekly Update | India looking at all options for low cost financing of solar projects in the country

18 November 2014 | BRIDGE TO INDIA

The Indian government clearly understands the impact and importance of low cost finance for the solar sector in the country and has taken up efforts to woo international institutional capital to the sector. Latest step in this direction is a Memorandum of Understanding (MoU) between US-EXIM and IREDA for a financing support of up to USD 1 billion (INR 61 billion) for...

Read more...


Bridge To India

Small project sizes in Uttarakhand have increased average tariffs

12 November 2014 | Mudit Jain

Uttarakhand has opened the financial bid for a 30 MW tender which was floated in August’14. Despite the projects lacking scale advantage, Redwood projects has quoted a highly aggressive bid of INR 6.85/kWh for a 1 MW project. This bid is the lowest and is INR 0.71/kWh below the next bid. Overall, the median winning bid is INR 7.75/kWh, which is 12% higher than the median winning bids in...

Read more...


Weekly update: MNRE revises subsidy benchmarks for off-grid and decentralized solar

11 November 2014 | BRIDGE TO INDIA

Last week, the Ministry of New and Renewable Energy (MNRE) announced revised subsidy benchmarks for various off-grid and decentralized solar applications (refer). The subsidy amounts have been fixed in absolute Rupee terms instead of as...

Read more...


Utility scale projects are easiest to implement in India due to an existing track record

06 November 2014 | Mudit Jain

We believe that India could easily add 100 GW of solar power in the next ten years.[1] Such a capacity addition would likely be divided into different segments: small rooftop (solar bees), large rooftop (solar...

Read more...


Climate Change: how close are we to the point of no return?

05 November 2014 | BRIDGE TO INDIA

Since the 1950’s, the world has witnessed (and recorded) global warming at an unprecedented speed. This radical change in the climatic system has been attributed to massive emissions of CO2 and other greenhouse gases, due to industrialization and related, modern lifestyles. While there have been debates in the past over the reality and validity of global warming, there is now an overwhelming...

Read more...


To top