Are the Recent Low Solar Bids across India a “TREND” now?! OR Simply “TRENDY” !!
Congratulations to the winners and am sure that comparatively they possess all right rationale and better know-how / cost economics sense on desired returns to equity investors. While I believe every tariff is viable when you invest in a project. But the term ‘viability’ in Solar arena has assumed a new definition recently.
The current solar bids are projected as a new ‘Trend’ in the solar industry. However, there is Difference between “TREND” & “TRENDY” in Solar : A TREND is established overtime & tends to lead to lasting change. TRENDY is an attention catching phase – similar to what India witnessed during the latest lowest solar bids !! Current low(below cost) pricing is unfortunately a margin crushing long term trend in the solar PV industry. Instead of grid-parity satisfaction , there is much skepticism about financial sustainability of Rewa solar bids ! Only time will tell, whether it’s just another another poster boy headlines like India witnessed a couple of years back or not !! .....Continue reading
Lead Engineer at Tata Power
7 年i am interested for this vacancy. i am working in TATA POWER. Exp. 5.2 year
Shenzhen Daxie Technology Co., ltd - CEO
7 年nice
Climate Change solutions enabling communities transition to using clean energy & electric mobility.
7 年these working are on sub-optimal returns -though favorable enough for international investors who get marginal returns internationally. but not favorable to indian investors looking at returns in very high teens. And all of them are hoping that by delaying commissioning equipment prices will fall lower...