An auction carried out under Karnataka’s 860MW solar tender has seen a recalibration of tariffs in India and a surprising outcome for the lowest tariff.
Rooftop solar growth in India is rising in spite of government policy support, which has been lacking or misplaced, according to panellists at Intersolar India in Mumbai.
Indian solar tariffs are overdue a major correction and many smaller players are likely to drop out of the sector over the next few years, according to panellists at Intersolar India 2017 in Mumbai.
There were no takers for roughly 55% of the capacity up for grabs in India’s 500MW government buildings rooftop tender, however the final installed capacities could still rise again.
If India’s anti-dumping duty petition results in the introduction of trade barriers without other policy level reforms, it will fail to achieve its original goal of supporting domestic manufacturers, having already created huge uncertainty in the whole sector, according to a report by consultancy firm Bridge to India.
Many developers with solar assets in India are looking to sell their portfolios. Some of them have been in the market for a long time and are under pressure from their investors to find an exit, according to the head of consultancy firm Bridge to India.
Going to Indian courts over renegotiations of solar power purchase agreements (PPAs) can be a costly and time-consuming process, but is this where the trouble ends?
