solar tariffs

Solar Tariffs Drop to a new low of Rs 1.99/kWh in Latest Gujarat Auction

The latest round of auctions for 500 MW worth of solar projects in Gujarat has seen tariffs drop to a new low of Rs 1.99/kWh in India. The latest round of auctions conducted by the Gujarat Urja Vikas Nigam Limited’s (GUVNL), for 500 MW worth of solar projects to be developed in the state, has […]

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KERC Reinstates Tariff of ₹4.79/unit for Adani Green Energy

The Karnataka Electricity Regulation Commission (KERC) passed two orders in favor of Adani Green Energy Limited’s (AGEL) solar plants of 20 MW each. Both the projects were part of a tender by Karnataka Renewable Energy Development Limited (KREDL) for 290 MW of solar projects for 17 talukas across Karnataka. The distribution companies (DISCOMs) Hubli Electricity […]

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Unlikely That India Will Match Record-Low Gulf Solar Tariffs: Report

A new report finds it is unlikely that India will be able to overtake the Gulf region to provide the world’s cheapest solar power in the near term. A number of countries in the Gulf region have set record-low prices for solar in recent years, leading to hopes that India and other countries may soon be able […]

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Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA

The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […]

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Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA

The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […]

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Solar Tariffs Down to a Record Low of Rs 4.03/kWh in Greece

The latest round of renewable energy tenders was recently held in Greece, solar tariffs dropping to a record low of EUR 0.04911/kWh or Rs 4.03/kWh. The latest round of renewable energy tenders was recently held in Greece, with awards for 502.94 MW wind and solar projects in total and solar tariffs dropping to a record […]

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US Solar Tariffs Cost 62,000 Jobs and 10.5 GW in Solar Capacity

Tariffs on imported solar cells and modules have led to the loss of more than 62,000 US jobs and USD 19 billion in new private sector investment Tariffs on imported solar cells and modules have led to the loss of more than 62,000 US jobs and USD 19 billion in new private sector investment, according […]

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SECI Refuses to Lower Tariffs for Andhra Solar Projects

SECI has refused to lower tariffs for 400 MW electricity supplied from a solar park at Galiveedu Mandal in district Kadapa to APSPDCL State-run Solar Energy Corporation of India (SECI) has refused to lower tariffs for 400 MW electricity supplied from a solar park at Galiveedu Mandal in district Kadapa to Andhra Pradesh South Power […]

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Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur

Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […]

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