Market trends

Webinar Insights: “Understanding Recent Solar Tariff Trends in India” Solar tariff trends in the past have been very aggressive in India, reaching an all-time low of Rs. 1.99/unit in December 2020. However, since then, there has been an upward trend in tariffs. For instance, in the months of July and August, six auctions were concluded, adding up to a total of 3.7 GW of allotted projects. For plain vanilla solar tenders, the lowest tariff is Rs. 2.14/unit for the RUMSL…

Will bifacial solar modules be the next big thing for India? With falling price differential between mono and bifacial solar modules, installation of bifacial modules is likely to pick up pace in India as well. India’s first utility-scale solar plant with bifacial modules (400Wp swan bifacial panels by Jinko Solar) was recently commissioned by Fortum in May 2021. It has a DC capacity of 124 MW and is located in Jaisalmer, Rajasthan. Bifacial panels, as the name suggests, are solar…

Webinar Insights: “Rooftop solar adoption trends in MSME segment in India” Regarded as the backbone of the Indian economy, the Micro, Small & Medium Enterprises (MSMEs) also holds immense potential to support the Rooftop Solar market. For most MSMEs, there is significant scope in electricity cost savings and ideally, Rooftop Solar is the simplest path to achieve the reduction in electricity bill. However, as the opportunities being presented by the sector are numerous, it is also confronted by many challenges.…