Bridge India
A solar power plant rarely produces nameplate capacity power as solar modules operate at their maximum efficiency only during limited peak hours. It has therefore become routine industry practice to over-size DC module capacity, a concept commonly known as DC overloading. It allows solar plants to increase generation during non-peak hours and optimizes overall performance. In 2017, 45% of the...
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Share of string inverters in the Indian solar market is increasing rapidly. It went up from only 1% until 2016 to 9% in 2017 for new utility scale solar capacity commissioned. We expect the trend to accelerate even further in the coming years. Increased adoption of string inverters for utility scale projects is in line with experience in other international markets...
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On 22nd January this year, the US government imposed 30% safeguard duty on imported solar cells and modules. The duty has been imposed for four years but will reduce by 5% every year. First 2.5 GW of imports every year shall be exempted from duties. As per WTO laws, imports from specified developing countries shall also be exempt from duties up...
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Three major auctions were completed last week – two for solar projects by SECI (Bhadla solar park 500 MW and 250 MW respectively) and one for wind projects by Gujarat Urja Vikas Nigam (GUVNL, fully owned by Gujarat government) (500 MW). The solar projects were won by Hero Future (300 MW), Softbank (200 MW), Azure (200 MW) and ReNew (50...
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Lacklustre budget

The Union Budget of India for financial year 2017-18 was presented last week. The Indian budget making exercise is somewhat unique as it is seen as setting the tone for major government policy and reform agenda rather than merely a record of financial book-keeping. From that perspective, the budget was a disappointment as it didn’t break any new ground for...
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The Ministry of New and Renewable Energy (MNRE) has been keen to introduce Dollar denominated bidding for solar projects. The rationale is to eliminate currency risk for international developers and manage this on aggregate basis thereby reducing the solar tariffs. When the concept was first mooted in the second quarter of 2015, the solar tariffs in India were in the...
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Solar Energy Corporation of India (SECI) has released an Expression of Interest (EOI) for Engineering, Procurement and Construction (EPC) for 2,000 MW of solar PV[1A]. The EOI envisages multiple projects of 250 MW or 500 MW each. EPC companies can form a consortium to bid for this opportunity. This is the first time that SECI is assuming the role of project...
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The Indian government has upgraded the target of solar capacity from 20 GW to 100 GW by 2022. Of this, 60 GW are to be from ground-based projects. A key bottleneck for achieving this target is suitable land. Many developers believe that the single biggest factor for delay in project execution is the time-consuming process of land identification and acquisition....
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