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Blog posts January 2017

INDIA’S SOLAR PRICES SET TO DROP AMID COMPETITION, LOWER COSTS

The price paid for solar power in India at auction is set to fall below last year’s record lows for the South Asia nation, driven by plummeting panel prices, falling interest rates and competition among developers seeking a slice of the country’s renewables market.

Prices could dip lower than…

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GOVERNMENT ACHIEVES 19% OF 12,000-MW SOLAR POWER TARGET IN 2016-17

Even as the National Democratic Alliance (NDA) government has been championing the cause of green energy, India has achieved only around 19% of the targeted 12,000 MW solar power till now.

As per the official data of the Union ministry of new and renewable energy (MNRE), against the targeted 12,0…

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