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Showing posts from October, 2014

Solar finds way to grow in Karnataka

Solar finds way to grow in Karnataka ORDER In exercise of the powers conferred under clause 11 of the KERC (Terms and conditions of open access) Regulations, 2004 as amended from time to time and all other powers enabling in this behalf, the Commission hereby orders as follows : 1.     All solar power generators in the State   achieving commercial   operation date (CoD) between 1 st April 2013 and 31 st March 2018 and selling power to consumers within the State on open access or   wheeling shall be exempted from payment of wheeling and banking charges and cross subsidy surcharge for a period of ten years from the date of commissioning. This is also applicable for captive solar power plants for self – consumption within the State. 2.     Captive solar power plants opting for Renewable Energy Certificates shall pay the normal wheeling ,banking and other charges as specified in the Commission’s Order dated 9 th October 20...

Does the antidumping on solar cells required for India?

Does the antidumping on solar cells required for India? The Union power ministry has opposed the imposition of anti-dumping duty on imported solar cells. In May this year, the Directorate General of Anti-Dumping & Allied Duties of the Department of Commerce presented its findings on the Anti-Dumping Investigation concerning imports of Solar Cells originating in or exported from Malaysia, China Chinese Taipei and the US. After an investigation stretching over 18 months, the directorate recommended imposition of a duty of US $0.11 to US $0.81 per watt on cells to help domestic manufacturers compete with the really cheap imports. The power ministry is against this, claiming that the domestic manufacturers do not have adequate capacity to cater to the needs of the Indian solar market. Power Minister Piyush Goyal commented that the country has solar power equipment manufacturing capacity of 700-800 MW, which is inadequate in meeting the huge plans that the government has ...

Solar PV Module Tiering

PV Module Tiering Tiering system for PV module makers:   Bloomberg New Energy Finance has developed a tiering system for PV module makers based on bankability, to create a transparent differentiation between the hundreds of manufacturers of solar modules on the market. Since this basic categorization has been used as an advertisement by certain manufacturers, but should never replace a proper due diligence process in product selection, this document explains the tiering criteria and its limitations Definition of “Bankability”: whether projects using the solar products are likely to be offered non-recourse debt financing by banks is the key criterion for tiering. •       Banks, and their technical due diligence providers, are extremely unwilling to disclose their white lists of acceptable products. •       Bloomberg New Energy Finance therefore bases its criteria in what deals have been closed in the past, as...

Solar power plant developers challenges

Solar power plant developers challenges Initial challenges Some of the challenges faced included forest clearance for the land, grid connectivity, identifying the right type of technology etc. Key aspects for a solar project developer: Some of the key aspects that a solar power developer should keep in mind when setting out to develop a solar project include: Availability of land, water and grid Solar radiation Technology Feasibility report Incentives and subsidies Tariff PPA(Power purchas agreement) Financing options (debt and equity) IRR Clearances required EPC agency O&M Agency The PPA is crucial part of the project off late. The financials will get through based the quality of PPA’s. The Government PPA’s has the edge, but funding ratio depends again on the PPA price. In open access the PPA’s are signed from the private sectors, the financial closer depends on the power purchase contract and the strength of ...