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…
Captive Solar Power Plants Becoming popular with Indian Companies
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…
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…
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…
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…
How low solar prices can go, asks Bloomberg New Energy Finance
Here is an interesting article/analysis by Vandana Gombar from Bloomberg New Energy Finance. In this article, she wonders how low solar prices can really go. And goes on to show that the Rs 4.63/kWh by SunEdison is not exactly an oddity. Interesting…
In Chile, Utility Solar Cheaper than Fossil Fuels – 6,5 cents/kWh vs. 8.5 cents/kWh
Solar and wind energy are lower cost than fossil fuels in Chile, reports Deutsche Bank, with solar the cheapest source of electricity generation. In an industry note, Deutsche Bank writes that in the country’s last tender round, held on October…
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.…
Indian Govt Wants Solar Power at Rs 4 per Unit
Fresh from hearing the exhilarating news of the record low prices reached in the bid in the state of Andhra Pradesh, where SunEdison won the entire 500 MW at Rs 4.63/Wh (approx 7 US cents/kWh), India’s power minister Piyush Goyal…
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…