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Solar policy on anvil but low price will be key to success - Times of India

Solar policy on anvil but low price will be key to success - Times of India | Solar Market | Scoop.it
Environment & Energy Publishing Solar policy on anvil but low price will be key to success Times of India GURGAON: The utopian dream of a city run entirely on renewable energy sources is no more passed around as casually as it once was.
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Agri companies now prefer solar powered products in rural India - Economic Times

Agri companies now prefer solar powered products in rural India - Economic Times | Solar Market | Scoop.it
Economic Times Agri companies now prefer solar powered products in rural India Economic Times Mahindra group recently announced its entry in the solar equipment business with a new division 'Ekosol' with its core market being rural India.
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India among top 7 nations projected to add solar units - mydigitalfc.com

India among top 7 nations projected to add solar units - mydigitalfc.com | Solar Market | Scoop.it
India among top 7 nations projected to add solar units mydigitalfc.com Raj Prabhu, CEO and co-founder of Mercom Capital Group, said that the market conditions are as stable as they can be in the historically volatile solar industry.
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India delays solar auction for second time - PV-Tech

India delays solar auction for second time - PV-Tech | Solar Market | Scoop.it
India delays solar auction for second time PV-Tech Talking to PV Tech, solar consultant in India, Ritesh Pothan, said the VGF mechanism would lead to “bad competition and bad projects”.
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India's solar growing pains - PV-Tech (blog)

India's solar growing pains - PV-Tech (blog) | Solar Market | Scoop.it
India's solar growing pains PV-Tech (blog) What is going on in India? After a stalled 2013, some had been hoping for a more positive 2014.
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Solar energy ambitions take shape as costs tumble - Times of India

Solar energy ambitions take shape as costs tumble - Times of India | Solar Market | Scoop.it
AFP Solar energy ambitions take shape as costs tumble Times of India But even though the market is booming, Indian solar-equipment companies have not been profiting.
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India May Defer Penalties on $1 Billion of Solar Thermal Plants | RenewableEnergyWorld.com

India May Defer Penalties on $1 Billion of Solar Thermal Plants | RenewableEnergyWorld.com | Solar Market | Scoop.it

 

India's Ministry of New and Renewable Energy is seeking to defer penalties on about $1 billion of solar-thermal power projects that are delayed by a lack of water, financing difficulties and equipment shortages.

 

Seven projects totaling 470 megawatts in capacity by companies including by Godawari Power and Ispat Ltd., Reliance Power Ltd. and Lanco Infratech Ltd. that were to be ready by May, aren’t operational, Tarun Kapoor, joint secretary at the ministry, said in a phone interview from New Delhi. The projects could potentially forfeit about 2.3 billion rupees ($42.5 million) in performance guarantees, according to rules when the contracts were awarded in December 2010. 

“There’s obviously a problem since all are delayed,” Kapoor said. “This is the first time solar-thermal projects are being built in India and we want them to succeed.” An expert committee at the ministry is recommending a 10-month extension for the projects, he said.

 

The delays are another blow to the solar-thermal industry suffering from high costs. France’s Areva SA had to scrap plans for a A$1 billion complex in Australia in November after failing to get financing. In contrast, a competing technology, solar photovoltaic, has benefited from a 61 percent plunge in panel costs over the past two years, according to data compiled by Bloomberg.

 

Solar-thermal plants, which focus sunlight on liquids to produce steam and drive turbines, are valued for their ability to store energy and produce power around the clock. Photovoltaic panels convert sunlight directly into electricity and need batteries for storage.

 

Click headline to read more--


Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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Solar power initiatives in Rajarhat New Town - The Times of India

Solar power initiatives in Rajarhat New Town - The Times of India | Solar Market | Scoop.it
The New Town Kolkata development authority (NKDA) is planning to introduce net metering system to encourage consumers to install solar panels and is also planning to procure electric scooters to be run in short distances in the township.

Via Ayona Datta
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India to Auction Four Solar-Thermal Power Projects, Hindu Says

India to Auction Four Solar-Thermal Power Projects, Hindu Says | Solar Market | Scoop.it
India plans to auction four solar-
thermal power projects with a combined 120 megawatts of
capacity, the Hindu Business Line reported, without citing where
it got the information.

Via YKTO
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Lighting Asia: Solar Off-Grid Lighting, Market Analysis of India, Bangladesh, Nepal, Pakistan, Indonesia, Cambodia and Philippines

Nearly 800 million people in Asia live in a state of near darkness, coping with unreliable or non-existent or no access to electricity on a daily basis.

Via Markus Dietrich
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Will The Newly Launched Research
Institute Boost Solar Power In India? - Business insider

Will The Newly Launched Research<br/>Institute Boost Solar Power In India? - Business insider | Solar Market | Scoop.it
The 'one step forward, two steps back' ballad that the Indian solar industry is enduring since the time the industry first crawled out of the well, continues

Via harish magan
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harish magan's curator insight, December 22, 2013 10:36 PM

The aim of this institute, as per a Press release from the Ministry of New and Renewable Energy (MNRE), is to "accelerate the process to support induction of the latest technologies to ensure maximum cost benefit and lead to early commercialisation." That's pretty vague, to say the least, and any attempt to predict the institute's success in this decade might bounce way off the shifting goalposts of India's solar energy landscape. While the long-term output has looked bright for years, the short and medium-term is hazy at best.

Investments in the solar power sector (both equipment manufacturing and power production) nosedived 67% to $1.7 billion in 2012, from the all-time high of $5.2 billion, touched a year earlier. However, 2012 was perhaps just a bad day in the office, not only in India but all over the world. Last year, total investments in the clean and renewable energy sector saw a 12% decrease to $244 billion globally while investments in India fell 45% to $6.5 billion from the $12.9 billion registered in 2011.

Data for the year 2013 are yet to come in, but it has definitely been a better year in terms of scale project size. For instance, a consortium led by Bharat Heavy Electricals and Power Grid (both of them public sector heavyweights) announced the launch of the world's biggest solar power plant near Sambhar Lake in Rajasthan, with a total capacity of 4,000 MW. It is one of the world's top locations in terms of highest solar energy incident on the earth's surface during a year. The project will cost around Rs 30,000 crore ($4.5 billion).

Soon after, Welspun Energy announced another significant project - the 2nd biggest solar power plant in the country with a total capacity of 151 MW, to be commissioned in Madhya Pradesh by 2017. Moreover, Reliance Power will be commissioning 100 MW capacity in Rajasthan by March 2014, currently the largest solar power project in Asia. Therefore, big-ticket investments are just beginning to shape the dynamics of India's solar sector. However, public sector R&D and adequate financial support will be crucial for long term to unleash the real potential of this industry, which could grow much bigger than thermal power during the second half of this century.

Globally, public sector and university R&D in solar has flourished in collaboration with the industry, backed by huge government subsidies. NISE can only be successful if efficient product patenting, technology transfer and royalty pricing mechanisms are in place. But sadly, India has always been a laggard in this respect. Secondly, if we put the entire R&D in the hands of one institute, it will require massive funding since the current shallow pockets of the industry can't allow private players to fund cutting-edge R&D projects. Thirdly, proven mechanisms such as priority sector/subordinated lending and take-out financing are not allowed for solar developers although other priority sectors like roads, ports, thermal power and steel plants enjoy that privilege.

The initial goal of the institute is to establish a national review-cum-strategy board to study and evaluate different models across the globe for a future roadmap. But the commercialisation of any new technology developed from the scratch could take at least a decade and by that time, JNNSM's deadline of facilitating a capacity of 20 GW of solar power would have long passed. There's just one bright spot in the entire exercise. If the institute works along the lines of a few state-of-the-art institutions like IISc, ISRO and TIFR, it might ensure some future technologies being disseminated at relatively cheaper cost to the industry in the 2020-2029 decade.

The immediate requirement is to allow private sector R&D through massive subsidies and tax credits in excess of 200% for all R&D expenses incurred by any private player in India. Also, solar energy purchase should be made mandatory for industries and state governments who can buy a certain percentage out of their total power purchases. Currently, only a few state governments follow such purchase obligations, but that's hardly enough to ensure feasibility. Issues like take-out financing and priority sector lending must be immediately implemented as similar incentives are already available for the solar energy sector in countries like China, the US and Germany - the Big Three of the global solar power industry.

The National Institute of Solar Energy could be a step in the right direction although a bit too late. But it must work in tandem with industry developments and set up stringent annual targets for project completion and knowledge dissemination. That's the only way to add real power to the fledgling sector.

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India’s Mega Solar Farm Targets Selling Power at Record-Low Rate

India’s Mega Solar Farm Targets Selling Power at Record-Low Rate | Solar Market | Scoop.it
India plans to sell power at a
record-low rate from a 4-gigawatt solar photovoltaic farm that
will more than double the nation’s sun-powered capacity. (Rs.5500 per MWh by 2016!

Via Markus Dietrich
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Floating solar PV plants in India!

Floating solar PV plants in India! | Solar Market | Scoop.it
An Indian and a French company have come together to set up solar power plants on water bodies, in the eastern part of India. ("Ciel et Terre",France signsMoA w/Indian Klystron Electronics to build floating solar pv plants in India.

Via Faisal Kawoosa
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India solar: Slight fall in performance of PV plants in November 2013 - solarserver.com

India solar: Slight fall in performance of PV plants in November 2013 - solarserver.com | Solar Market | Scoop.it
India solar: Slight fall in performance of PV plants in November 2013 solarserver.com India's Ministry of New and Renewable Energy (MNRE) has released performance data for solar photovoltaic (PV) plants commissioned under phase 1 of India's...
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Policy to Promote Solar Energy - The New Indian Express

Policy to Promote Solar Energy - The New Indian Express | Solar Market | Scoop.it
Policy to Promote Solar Energy The New Indian Express The seven-member committee headed by Joint Secretary, Energy department, Sangamjit Nayak will examine the draft policy prepared by the Science and Technology department and solicit opinion of...
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Cloud powered rooftop solar PV power estimation tool from TERI - EE Herald

Cloud powered rooftop solar PV power estimation tool from TERI EE Herald Tool provides visual reference – a map of the entire city showing the buildings those have solar PV installation potential.
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Welspun signs MOU to build 150 MW PV plant in India - solarserver.com

Welspun signs MOU to build 150 MW PV plant in India - solarserver.com | Solar Market | Scoop.it
solarserver.com Welspun signs MOU to build 150 MW PV plant in India solarserver.com Welspun Energy Ltd.
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Solar ETF Shines as India Plan's Largest Plant - ETF Trends

Solar ETF Shines as India Plan's Largest Plant - ETF Trends | Solar Market | Scoop.it
ETF Trends Solar ETF Shines as India Plan's Largest Plant ETF Trends Although India, Asia's third-largest economy, does not yet have an indigenous solar industry par with that of China or the U.S., the country has been steadily boosting its solar...
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Climate Citizen: India innovating with solar PV, poised to become a global solar leader

Climate Citizen: India innovating with solar PV, poised to become a global solar leader | Solar Market | Scoop.it

Awesome PV projects on canals.


Via Danny Kennedy
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Making Solar Energy Policy Work in India - Huffington Post

Making Solar Energy Policy Work in India - Huffington Post | Solar Market | Scoop.it
Should we continue to invest in large, grid-based solar projects, which feed the already fed? Or should be find innovative ways of upscale decentralized solar energy -- rooftop panels and mini-grids -- to reach the remote ...

Via Hemanth.Kumar M
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Almost Everyone Is Angling Solar Panels the Wrong Way - Gizmodo

Almost Everyone Is Angling Solar Panels the Wrong Way - Gizmodo | Solar Market | Scoop.it
Conventional wisdom in the northern hemisphere is to face solar panels south so they get the most light all day. Architects and panel installers implement
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India solar industry map revealed - PV-Tech

India solar industry map revealed - PV-Tech | Solar Market | Scoop.it
India solar industry map revealed
PV-Tech
The engineering, procurement and construction (EPC) division of India's solar market is 40% dominated just three EPC companies – Moserbaer, Welspun Urja and Lanco Solar.
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Joint venture 100MW solar power plant approved in north India - PV-Tech

Joint venture 100MW solar power plant approved in north India - PV-Tech | Solar Market | Scoop.it
Joint venture 100MW solar power plant approved in north India
PV-Tech
A joint venture 100MW solar project in north India has been approved and is expected to be complete by 2014.
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Call for Japan and EU to be included in India solar dumping probe - PV-Tech

Call for Japan and EU to be included in India solar dumping probe - PV-Tech | Solar Market | Scoop.it
Call for Japan and EU to be included in India solar dumping probe PV-Tech The inclusion of Japan and the EU into the investigations would mean companies such as Sharp, Solar Frontier, Solibro and others come under scrutiny for allegedly selling...
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2.8 GW Solar PV Capacity Expected To Be Added In India In 2014

2.8 GW Solar PV Capacity Expected To Be Added In India In 2014 | Solar Market | Scoop.it
Sunset in rural India
Image Credit: jkairvar | BY-NC-SA 2.0
States across India are competing with each other to install large-scale solar power projects.

Via Vikram R Chari
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