For those keen on becoming a solar power developer in India, it is important to understand the various business models under which solar power plants get built. Power plant development belongs more to the infrastructure sector than to consumer product sector, in the sense…
Captive Solar Power Plant for My Company – Is It a Good Idea?
What are captive solar power plants? A captive solar power plant refers to a solar power plant that has been implemented by a company for its own captive consumption. That is, the power generated by the solar power plant is consumed entirely by the developing company itself. Now, you…
Choosing the Right EPC for MW Scale Solar Power Plants
Who is an EPC and why does it matter? EPC, which stands for Engineering, Procurement, Construction, refers to the company that does turnkey work for a solar power plant implementation – from design, to procurement of components to power plant construction. Some EPCs also take…
Solar Zones, Solar Parks and Floating PV for India, according to MNRE
At the recently concluded Intersolar conference, MNRE officials put forth a number of ideas they are working on for the growth of the solar industry, especially grid-connected solar industry in India. To this end, Ministry of New and Renewable Energy (MNRE) has…
Costs for Small MW-Scale Grid Connected Power Plants in India – LCOE and Optimal Tariff
Within this section you will find Highlights & inferences Introduction Maximising power generation – details Minimizing costs – details With solar trackers Pessimistic assumptions Acceptable assumptions Optimistic assumptions Without solar trackers Pessimistic assumptions Acceptable assumptions Optimistic assumptions Summary for small…
Indian Railways Brings Out Policy to Have Rooftop Solar at Stations
Indian Railways has come out with a policy on solar capacity panels on rooftops of railway stations. It has envisioned a plan to source 1,000 MW of solar power over five years. Of the 1,000 MW, 500 MW is planned to be generated from…
Indian Banks and their Lending for the Solar Sector
It is a well-known cliche that banks are most willing to lend to those who…don’t need their money. It is somewhat true for solar as well. Or at least the corollary is true – Indian banks have not exactly been…
Quality of India’s Solar Installations Compromised in the Race to Low Tariffs
Now, this should not come as any surprise at all: Many leading personalities from the Indian solar sector feel that the quality of many solar power plant installations in the country could be suffering as developers try to execute costs at really low costs to…
Solar Power Price in India Rs 4.2/kWh by 2020, Says KPMG, and Rs 3.69/kWh by 2025
Solar prices in India could be substantially lower than coal by 2020, according to a report by international consultancy firm KPMG. KPMG’s report, ‘The rising sun: Disruption on the horizon’, predicts that over the next decade solar will scale up…
Just 3.6 GW of Solar Installations in India for 2016? That’s What Mercom Capital Thinks
Read a news item recently on Mercom Capital’s latest quarterly update on the Indian solar market. This report forecasts about 2,150 MW in solar installations for the 2015 calendar year and expects installations in 2016 to reach approximately 3,645 MW. (Interestingly,…
