India Solar Market Update

Top News

Featured 

Exclusive 

Exclusive

Breaking

LATEST NEWS

EBRD Proparco Egypt Solar Finance

EBRD and Proparco Provide $116 Million to Finance Installation of 100 MW of Solar in Egypt

The European Bank for Reconstruction and Development (EBRD) and Proparco, a French financial institution, are financing the installation of two 50 MW solar projects in to be developed the Benban ...
/ Finance and M&A, Solar
Tata Power EV Charging Station

Tata Power Installs its First EV Charging Station in Mumbai

Tata Power installed an Electric Vehicle (EV) charging station at the Tata Power receiving station in Vikhroli, Mumbai. This is the first EV charging station developed by the company. Tata ...
/ Electric Vehicles, Grid
China Solar Installations AECEA

Solar Installations in China Totalled 35 GW at the End of July, More Than All of 2016

By, Frank Haugwitz According to recent energy statistics, China installed 34.92 GW of solar from January 2017 to July 2017, exceeding last year’s installation total of 34.54 GW by approximately 380 ...
/ Markets & Policy, Solar
Small Solar Tenders

5 MW of Small Solar Tenders Announced Last Week in India

A total of 5 MW of small solar tenders were announced by Indian government agencies last week, with large‑scale projects accounting for 2 MW and rooftop projects totaling 3 MW ...
/ Solar, Tenders & Auctions
DGAD Solar Exporters Price

Solar Exporters Under Deadline to Furnish Details in the Ongoing Solar Anti-dumping Case in India

The office of the Directorate General of Anti-Dumping & Allied Duties (DGAD) India as part of the ongoing investigation into the anti-dumping petition against solar imports from China, Taiwan, and ...
/ Markets & Policy, Solar
Websol Solar Cell Module manufacturing

Websol To Scale Up Solar Cell and Module Manufacturing Capacity in India

Websol Energy System Limited has received board approval to scale up its solar cell and module manufacturing capacity in India. According to a Bombay Stock Exchange (BSE) filing, Websol’s board ...
/ Manufacturing, Solar
IBC Solar PPA Debt Finance

IBC Solar Signs PPA and Raises Financing for 20 MW Solar Project in Odisha

IBC Solar, a PV system and energy storage company, signed power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 20 MW solar project located in Odisha ...
/ Solar, Utility Scale
NTPC Solar Tenders DCR

NTPC Tenders 35 MW of Solar Under the DCR Category

The National Thermal Power Corporation (NTPC) has tendered 35 MW of solar under the domestic content requirement (DCR) category. The bid-submission deadline is October 12, 2017. The capacity tendered includes ...
/ Solar, Tenders & Auctions
Hydro Power Fund

₹160 Billion Hydropower Development Fund to be Finalized

The Government of India is close to finalizing a ₹160 billion (~$2.5 billion) hydropower development fund. “The Centre is set to finalize the creation of a ₹160 billion (~$2.5 billion) ...
/ Other, Water
EESL LED Distribution MOU

Energy Efficient Appliances to be Sold in Fuel Stations Across India

Taking the next steps towards an energy efficient India, the Energy Efficiency Services (EESL) entered into separate memorandum of understandings (MOU) with Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation ...
/ Energy Efficiency, Other
Saudi Arabia Renewable Energy

Saudi Arabia Could be a Significant Renewable Energy Market Going Forward

In the next six years, Saudi Arabia intends to produce 10 percent of its power from renewable sources of energy. The drive towards renewable energy is likely to see the ...
/ Other, Renewable Energy
SriLanka Renewable Energy

Sri Lanka to Reach 100 Percent Renewables by 2050

Sri Lanka can meet its current and future electricity demand through the use of renewable energy by 2050, according to a joint study by the UN Development Program (UNDP) and ...
/ Other, Renewable Energy
Solar Anti-Dumping Hearing

Lessons for India from the Suniva Solar Anti-Dumping Case Hearing

On Tuesday, the much-anticipated public hearing by the U.S. International Trade Commission (ITC) on the Suniva and SolarWorld Section 201 trade case was held in Washington, D.C., with both sides ...
/ Markets & Policy, Solar
Small Hydro CFA MNRE

Financial Assistance Maybe at Risk for Small Hydro Developers Due to Lack of Reporting

The Ministry of New and Renewable Energy (MNRE) has issued an advisory to developers of small hydro projects stating that central financial assistance (CFA) may be at risk due to ...
/ Other, Water
Telangana DISCOMs

Telangana DISCOMs Petition TSERC for Surcharge on Open Access Consumers for FY 2017-18

The Northern Power Distribution Company of Telangana (TSNPDCL) and Southern Power Distribution Company of Telangana (TSSPDCL) have petitioned the Telangana State Electricity Regulatory Commission (TSERC) to set an additional surcharge ...
/ Grid, Utilities
TNB Solar Project Financing

Tenaga Nasional Berhad Secures $79 Million Financing for 50 MW Solar Project

Tenaga Nasional Berhad (TNB), a Malaysian utility company, secured RM339 million (~$79 million) in financing from Affin Islamic Bank Bhd for a 50 MW large-scale solar project in Selangor, Malaysia ...
/ Finance and M&A, Solar
Grid-Connected Solar Project

MAHAGENCO Tenders 110 MW of Grid-Connected Solar

The Maharashtra State Power Generation Company (MAHAGENCO) has tendered 110 MW of solar in two separate tenders. 60 MW (AC) of solar will be developed at various locations in Tembhu, ...
/ Solar, Tenders & Auctions
Indian Domestic Manufacturers

7.5 GW CPSU Program Could Be a Game Changer for Indian Domestic Solar Manufacturers

Mercom recently broke the news that the Ministry of New and Renewable Energy (MNRE) has proposed developing 7.5 GW of solar by 2022 using domestically manufactured solar cells and modules ...
/ Markets & Policy, Solar
EVs Electric Vehicles India

India Plans to Deploy Seven Million Electric Vehicles by 2020

India is targeting the deployment of five to seven million electric vehicles in the country by 2020 under the National Electric Mobility Mission Plan (NEMMP) 2020. The NEMMP’s goal is ...
/ Other, Other Energy
UDAY Discom Debt

₹2.09 Trillion in DISCOM Debt Taken Over by States Under UDAY

States participating in the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) have taken over debt of ₹2.09 trillion (~$32.5 billion) from their DISCOMs. This is almost half of the ₹4.3 ...
/ Grid, Utilities
Edify Energy Solar Project

First Solar to Supply 241 MW of Modules to Edify Energy’s Solar Projects in Australia

First Solar has won contract to supply solar modules totaling 241 MW for solar projects being developed by Edify Energy in Australia. According to a company release, RCR Tomlinson, the ...
/ Modules, Solar
IDFC Solar Project Refinancing

IDFC Alternatives Raises ₹2.5 Billion

IDFC Alternatives through its India Infrastructure Fund II has raised ₹2.5 billion (~$39 million) through the sale of non-convertible debentures. The fund will be utilized to refinance two solar projects ...
/ Finance and M&A, Solar
Malaysia Solar Tender Bids

Malaysia Receives Bids for 1,632 MW on its 460 MW Solar Tender

Malaysia’s 460 MW solar tender has been oversubscribed almost four times. The Energy Commission received technical bids from 116 bidders totaling 1,632 MW. The solar projects will be developed in ...
/ Solar, Tenders & Auctions
Topaz Module Manufacturing Odisha

Topaz Solar to Set Up 1.2 GW Module Manufacturing Capacity in Odisha

Topaz Solar, a private Indian company, will set up a 1.2 GW module manufacturing unit in Odisha, India. The payback period of the project is anticipated to be six years ...
/ Manufacturing, Solar
MoP Tariff based Bidding Guidelines

Hoping for REWA-Like Low Bids, Ministry of Power Issues Updated Competitive Bidding Guidelines

Effective immediately, the Ministry of Power has issued final guidelines for the tariff-based competitive bidding process for solar projects. The guidelines apply to large‑scale projects with a capacity of 5 ...
/ Markets & Policy, Solar
MNRE Issues Advisory

MNRE Issues Advisory Asking States to Extend Project Commissioning Timeline for Select Solar Projects

The Ministry of New and Renewable Energy (MNRE) has advised states to extend project commissioning timelines for select solar projects. The extension will be applicable to solar projects that have ...
/ Markets & Policy, Solar
DCR Tender SECI Coal India

After Lull, DCR Tendering Begins in India

After a long lull, DCR tendering activity has picked up in India’s solar sector. The Solar Energy Corporation of India (SECI) tendered a 200 MW solar project under domestic content ...
/ Solar, Tenders & Auctions
Solar Under DCR Category

NTPC Tenders 241 MW of Solar Under DCR Category

The National Thermal Power Corporation (NTPC) has tendered another 241 MW of solar in three separate projects under the domestic content requirement (DCR) category to be developed across the states ...
/ Solar, Tenders & Auctions