Weekly Update: Should Indian developers be worried about rising solar costs in 2014?
04 March 2014 | Jasmeet Khurana
Search Results for: "india solar weekly"
Weekly Update: As international solar manufacturing companies boom, India gets left behind
21 January 2014 | Jasmeet Khurana
The year 2013 has been good for investors in solar companies listed on the US stock market. Manufacturers like SunPower, Yingli, Jinko, First Solar, ReneSola and Trina have all had a spectacular bull run with share values of companies like Trina more than tripling over the year. SolarCity, the rising star of distributed installations in the US, has seen a five-fold jump in stock price. All this...
Weekly Update: Solar makes more sense than nuclear for India
31 December 2013 | Vinay Rustagi
Recent reports indicated that India’s Department of Atomic Energy (DAE) is in an uncomfortable situation as the cost of power from its new nuclear power projects appears to be too high (refer). It has been reported that the cost per unit at the 9,900 MW...
Weekly Update: Solar PV market for diesel abatement in India is preparing for new investments
09 December 2013 | Jasmeet Khurana
Tata Cleantech Capital recently announced that it may provide funds for as much as INR 2.5 billion (EUR 30m) of renewable and energy-efficiency projects in India (refer). The key new opportunity highlighted has been the parity...
Weekly Update: Solar policy space in India becomes active again
26 November 2013 | Jasmeet Khurana
In the last two quarters of every financial year (October – March) for the last couple of years, the solar policy space in India has become alive. This year is no exception and in the last couple of weeks we have seen announcements on phase two of the National Solar Mission (NSM), Kerala’s recently finalized solar policy and new project allocations in Haryana. The pre-bid meeting focused...
Weekly Update: India’s national policy is betting big on centralized solar power
19 November 2013 | Jasmeet Khurana
Average project allocation sizes under India’s National Solar Mission (NSM) have been increasing ever since the mission started. The batch one of phase one allowed a single developer to take up a capacity of up to 5 MW. This was increased to 50 MW in the second round. In the first round of phase two, it has been increased to 100 MW. With this, the direction of the national policy is clear. It...
Weekly Update: Global and Indian solar stocks rally as manufacturing finds its feet
15 October 2013 | Jasmeet Khurana
Stock market valuations of major solar global companies have risen significantly in the last two months, beating the respective indices by a significant margin. The share prices of Jinko are up by 61%, Yingli Green Energy by 107%, Sun Power by 40%, Trina Solar by 124%, Renesola by 35% and First Solar by 11%. The share prices for Indian cell manufacturer, IndoSolar, have increased by 73% over the...
Weekly Update: India likely to introduce mega sized solar projects soon
17 September 2013 | Jasmeet Khurana
The Ministry of New and Renewable Energy (MNRE) has been planning to build mega size solar projects (>500 MW) in India (refer to the July 2013 edition of the India Solar Compass). These projects would be aimed at bringing down the cost of solar power to around INR 5/kWh (USD...
Weekly Update: Mandatory CSR obligation could drive rooftop solar in India
22 July 2013 | Jasmeet Khurana
Last week, the Companies Bill 2011 finally became law after it received the Rajya Sabha’s (upper house of the Parliament) approval. The Lok Sabha (lower house of the Parliament) had already passed it in June 2012. The key aspect of the bill is that it mandates large-sized corporations to spend 2% of their net profits on Corporate Social Responsibility (CSR) activities. Since, solar is...
Weekly Update: Has India lost its sheen for solar PV investments?
25 June 2013 | Jasmeet Khurana
Since 2003, Ernst & Young has been releasing its global quarterly publication, renewable energy country attractiveness index (RECAI) that ranks 40 countries on the attractiveness of their renewable energy investment and deployment opportunities. This index is based on a number of macro, energy market and technology-specific indicators. India’s RECAI ranking for solar investments has...
