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A Ray of Hope, Amid the Gloom

A Ray of Hope, Amid the Gloom

Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.

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Solar Tenders witness drop in November

Solar Tenders witness drop in November

Solar tender and auction activity in India had a steep decline in November 2017. The solar capacity tendered across the country during the month fell by 25 percent to 300 MW compared to the October 2017 total and the amount of solar auctioned dropped by 98 percent to just 5 MW.

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Solar power in 2014

Solar power in 2014

A report by Mercom Capital Group says that India is projected to see a solar power generation capacity addition of 1,750 MW next year. Noting that new solar installations so far this year have been around 900 MW, Mercom on 20 November stated that India is not likely to register any significant year-over-year growth for 2013. However, during this period, global solar market is estimated to see 20 per cent growth.

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‘Policy uncertainty hits growth of solar industry’

‘Policy uncertainty hits growth of solar industry’

A clean energy consultancy firm Mercom Capital Group says that Indian solar sectorÂ’s growth continues at a slow pace amidst policy uncertainty and experimentation. Policy uncertainty is rife, with rules being changed every other month. Of the 1,761 mw installed base in the country, about 557 mw was installed so far in 2013 and several projects have been delayed.

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Downhill prices, uphill task

Downhill prices, uphill task

The sharp decline in solar PV component prices is making investors uneasy enough to look for downstream and BOS options. The remarkable decline in the price of solar photo­voltaic