There is renewed nervousness among banks that lending to renewable power utilities companies over the last five years may turn bad. Payment dues of renewable energy generators are mounting, primarilyContinue Reading
The declining cost of lithium-ion batteries, along with that of solar, is likely to change the future dynamics of the Indian power sector. The viability of storing solar power usingContinue Reading
After CRISIL now the rating agency ICRA, a Moody’s Investors Service company, has downgraded around 1.9 gigawatts (GW) of wind and solar power projects in its rated portfolio and hasContinue Reading
Financial and project implementation troubles for Indian renewable energy (RE) developers do not seem to cease. We had recently reported about several solar power developers who were awaiting payments forContinue Reading
Since September 2018, India’s Non-Bank Financial Companies (NBFC) have been in a crisis after Infrastructure Leasing, and Financial Services (IL&FS) admitted to defaulting on several payments to its creditors, consequentlyContinue Reading
As India hopes to meet the target of 175 gigawatt (GW) renewable energy installation capacity by 2022, as part of its climate change mitigation plan, a misguided step may upsetContinue Reading
The Karnataka Electricity Regulatory Commission (KERC) has written to the Karnataka Renewable Energy Development Limited (KREDL) regarding the procurement of solar power. According to the letter the commission has notedContinue Reading
Government agencies in India are taking RPO compliance cases seriously, and we are seeing more and more compliance cases being taken up by state electricity commissions. Recently, the Bihar StateContinue Reading
