Solar PPAs


What is the right solar tariff for India – 4.78, 4.63 or 4.34?

After an avalanche of low solar tariffs ending with a super low solar tariff of Rs 4.34/kWh in the latest reverse biddings held in Nov ’15 and Jan ’16, the market suddenly seems to be retracting.

The recent lowest discovered tariff for Karnataka was Rs 4.78/kWh, a good 10% higher than the previous lowest.

The chart, courtesy ICRA Research […]

Karnataka Farmer’s Solar Scheme – Solar Mango Assistance in Financing Avenues for Farmers & Investors

The Karnataka farmer’s scheme, which was launched in 2015, has been one of the most attractive schemes.

It provides Rs 8.4/kWh as the tariff, one of the highest in the country, and farmers holding land in Karnataka could bid for upto 3 MW.

The scheme was so attractive that the online bidding, done on a first-come-first-served basis, concluded within […]

Softbank Too Bids at Rs 4.63/kWh for 350 MW Solar – An Analysis of the Magic Number 4.63

All right, so a few weeks back, we were all circumspect when Sun Edison bid at Rs 4.63/kWh for 350 MW solar power plant in Andhra Pradesh under the National Solar Mission.

How could this be? – we asked among ourselves. Perhaps Sun Edison is quoting an unsustainable price?, wondered many; while a humbler few said – perhaps Sun Edison knows something […]

Business Models for MW Solar Power Plants in India

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 that these are investments that pay off well in the long term, and in that these are businesses […]

Costs for Small MW-Scale Grid Connected Power Plants in India – LCOE and Optimal Tariff

Within this section you will find

Highlights & inferences
Maximising power generation – details
Minimizing costs – details
With solar trackers

Pessimistic assumptions
Acceptable assumptions
Optimistic assumptions

Without solar trackers

Pessimistic assumptions
Acceptable […]

Private Solar PPAs – 61 MW Solar Project to Provide Power to Google Data Center

Currently, most solar power generation in countries such as India takes place through grid-connected, MW scale solar power plants.

Of course, until recent times it was the other way round – with Germany and Japan having over 90% of their solar power generated from distributed, rooftop solar power plants. But the times, they are a-changing, and it is currently grid connected MW scale power plants […]

Installing a Rooftop Solar System – A User’s Perspective

Here’s a nice and detailed news report/perspective report on how a US resident went about installing a rooftop solar system on his house.

What I like his taking time to detail each and every aspect of the technical, operational and commercial dimensions of a rooftop solar system, from a owner/user perspective.

He appears to have paid a […]

Super Low Solar Prices Worldwide in 2015 – Lowest at 3.87 cents/kWh

I had written some time back about a price of Rs 4.63 per kWh (about 7 US cents) for solar power in the Indian state of Andhra Pradesh and had also wondered out loud whether such a price was indeed sustainable.

And what should I land up right next but an interesting compilation from SeeNews chronicling how there have been […]

Is Rs 4.63/unit solar power price by SunEdison realistic and sustainable?

The recent bid by SunEdison of Rs 4.63/unit for the 500 MW solar PV block of Andhra Pradesh has set the market talking about how fast the cost of solar is coming down

At the same time, those in the know are asking whether SunEdison is quoting unsustainably low prices and shooting itself in the foot.

Well, […]