Highlights:
Highly profitable solar products – cum – EPC
Led by seasoned technical professionals
Implemented projects pan India
Looking for Rs 60-100 crore growth capital
One of Solar Mango’s clients is a vertically integrated Hyderabad based solar EPC – cum – Solar Products firm. It makes its own solar panels, LEDs light and solar based streetlights […]
Recently, I had written a detailed blog post on the M&A and related investments happening in the Indian solar power sector.
Read an interesting article in the Hindu Business Line that reviewed the various M&A and investment activities happening in the Indian solar power sector in specific, and renewable energy in general.
Such an acceleration and consolidation […]
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 […]
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 […]
I had earlier written a blog post Captive Solar Power Plant – Is it Good for My Company? that received quite a few queries and comments, with some of them saying it is a bit too early for Indian companies for think of captive solar as the business case might not be strong enough.
I would […]
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 […]
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 […]
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 scale mw scale power plants
Highlights & inferences – repeated for ease of reading!
This blog […]
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 keen on lending to many aspiring solar developers who however neither have a balance sheet nor […]
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 […]