SECI Tenders 20 MW of Floating Solar in Lakshadweep with 60 MW of Battery Storage

Uttar Pradesh Approves ReNew Power’s Bid to Develop 100 MW of Floating Solar Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the opening and finalization of bids for the development of 100 MW of floating solar photovoltaic (PV) projects in the state. The ...
/ / Markets & Policy, Solar
Wind PPA Honor MNRE SERC

Tariff a Bone of Contention Between Indian Wind Stakeholders and Government Agencies

India’s wind energy sector has come a long way since the introduction of reverse auctions. In 2016, the Solar Energy Corporation of India (SECI) carried out the first-ever wind auction in ...
/ / Other, Wind
Jharkhand Adopts E-Mobility Program in Partnership With EESL

10 Drivers of EV Market in India

The Indian government launched the National E-Mobility Program in March 2018 to achieve 100 percent e-mobility by . Since then, the country has taken several policy initiatives to propel the growth ...
2019 Begins with a Sharp Decline in Solar Auction Activity While 6.5 GW of solar capa

Indian Solar Industry Sluggish Amid General Elections

The 2019 general elections are currently underway in India. In recent months, with the country gearing up for one of the biggest democratic exercises, the solar tender and auction activity ...
/ / Markets & Policy, Solar
Tie Up with At Least Three Manufacturers Before Bidding_ Gujarat Tells Wind Developers

SECI’s 1.2 GW Wind Tender Undersubscribed by 50% Owing to Tariff Cap and Land Woes

The Solar Energy Corporation of India’s (SECI) tender for 1,200 MW of ISTS-connected wind power projects on a pan-India basis under tranche-VII has been undersubscribed by 50%. SECI had tendered ...
/ / Other, Wind
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

NBFC Electronica Finance Issues Green Masala Bonds Worth $10 Million

Zurich-based responsAbility AG, a leading asset manager for impact investments in emerging economies, has inked an agreement with Pune-based non-banking financial company (NBFC) Electronica Finance Limited (EFL) for the issuance ...
/ / Markets & Policy, Solar
Hero Future, Vikram Solar and ACME go to Court Opposing Safeguard Duty Imposed by DGTR

Renewable Energy Generators Approach Delhi High Court over Levy of GST on RECs

After paying GST of 12% on renewable energy certificates (RECs), renewable energy project developers who are part of the REC mechanism have approached the Delhi High Court to provide relief ...
/ / Other, Renewable Energy
Solar EPC Contracts Cannot be Composite as per GST, Rules Maharashtra Authority

SECI Announces 100 MW Solar EPC Tender for Telangana’s Singareni Collieries

The Solar Energy Corporation of India (SECI) has announced a tender for the development of 100 MW of solar power projects in Telangana. The scope of work for the tender ...
ACME to Reduce its IPO Size from ₹22 billion to ₹10-15 billion

Solar EPC Company Sterling and Wilson Files for ₹45 Billion IPO

Sterling and Wilson Solar Limited, an engineering, procurement, and construction (EPC) company of Shapoorji Pallonji Group, has filed a draft red herring prospectus as part of its planned initial public ...
/ / Markets & Policy, Solar
Average Peak Power Supply Deficit Rose to 2% Across India During FY 2017-18

India’s Peak Power Deficit During FY 2018-19 Was 0.6%

India’s power supply deficit stood at 0.6% during the financial year (FY) 2018-19, just 0.1% down from the figures reported during FY 2017-18. During FY 2018-19, 1,267,209 million units (MUs) ...
/ / Demand Response, Grid
Adani Seeks Bidders to Purchase 700 MW of Solar Power, With 350 MW under Greenshoe Option

Investment in Indian Solar Sector Dips to $9.8 Billion in 2018

In 2018, investments in the Indian solar sector totaled approximately $9.8 billion compared to 2017, in which almost $11.5 billion flowed into the Indian solar sector.  2018 witnessed a decline ...
/ / Markets & Policy, Solar
Dubai’s AMEA Power Achieves Financial Closure for a 50 MW Solar Project in Jordan

Dubai’s AMEA Power Achieves Financial Closure for a 50 MW Solar Project in Jordan

Renewable energy project developer, AMEA, has announced financial closure for a 50 MW solar project in Jordan. The company has announced that it has secured $74 million for the Al ...
/ / Markets & Policy, Solar
Small Hydro Project Developer in Maharashtra Gets Relief from DISCOM's Non-Compliance

CERC Asks National Load Despatch Centre to Issue RECs for Commissioned Renewable Projects

The Central Electricity Regulatory Commission (CERC) has ordered the national load despatch centre (NLDC) to issue renewable energy certificates (RECs) for a small hydro project of capacity 10 MW and ...
/ / Other, Renewable Energy
NHPC Invites EPC Contractors to Construct a 40 MW Solar Project in Odisha

Any Tax Levied Through an Act of Parliament Resulting in Extra Cost is ‘Change in Law’: CERC

The Central Electricity Regulatory Commission (CERC) has observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under the ...
/ / Markets & Policy, Solar
Australia Approves 200 MW Wind-Solar Hybrid Project with Storage

India and Denmark to Work Together in the Offshore Wind Sector

The Union Cabinet has approved a cooperation agreement between the Ministry of New and Renewable Energy of India (MNRE) and Denmark’s Ministry for Energy, Utilities, and Climate in offshore wind ...
/ / Other, Wind
Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China

Malaysia’s PETRONAS Acquires Singapore’s Distributed Solar Company Amplus Energy

Malaysia’s state-owned oil and gas company, PETRONAS, has announced the acquisition of Singapore-based Amplus Energy Solutions Pte Ltd (M+). In a media statement issued by PETRONAS, the company stated that ...
/ / Finance and M&A, Solar
Tariff of  ₹7.5/kWh Maintained for Increased Capacity of Two Waste to Energy Projects

Tariff of ₹7.5/kWh Maintained for Increased Capacity of Two Waste to Energy Projects

The Andhra Pradesh Electricity Regulatory Commission (APERC)  has approved a tariff of ₹7.5 (~$0.011)/kWh for 5 MW  of waste to energy projects each belonging to Anantapur MSW Private Limited and ...
/ / Other, Waste to Energy
All India Peak Demand Increased 5% Year-over-Year Touching 169 GW in March 2019

One Reason for Lower Power Demand – UJALA Which Has Cut Down Peak Power Demand by 9 GW

Reduced power demand has been an issue for some time in India and it has been blamed largely on financially challenged DISCOMs (utility companies). One of the most overlooked reasons ...
Uttar Pradesh to Charge Developers for Under and Over Generation of Solar and Wind Power

China Plans to Prioritize Non-Subsidized Wind and Solar Projects

China is prioritizing unsubsidized wind and solar photovoltaic (PV) projects. China’s National Energy Administration (NEA), has organized and drafted a project report on promoting non-subsidized affordable projects for wind and ...
/ / Markets & Policy, Solar
West Bengal Invites Developers to Install 2 MW of Rooftop Solar Projects

Third Deadline Extension for SECI’s 97.5 MW Rooftop Solar Tender

The Solar Energy Corporation of India (SECI) has once again extended the bid submission deadline for 97.5 MW of grid-connected rooftop solar PV projects from April 16 to April 30, 2019 ...
SECI Issues Tender for 3 MW of Solar Projects with Battery Energy Storage System

Ongoing General Elections Delay Land Allotment for 7.5 GW of Solar Projects in Leh and Kargil

The Solar Energy Corporation of India Ltd. (SECI) officials recently met with the additional deputy commissioner (ADC) of Leh to arrange a visit to assess the land for the upcoming ...
/ / Markets & Policy, Solar
China Eyes One Belt One Road Initiative to Expand Renewable Energy

China Eyes One Belt One Road Initiative to Expand Renewable Energy

China plans to utilize its ambitious One Belt One Road (OBOR) initiative to expand renewable energy along the economic belt. According to China’s National Energy Administration (NEA), “In the past ...
/ / Other, Renewable Energy
Industrial and Commercial Consumers to Pay for Solar Pumps for Farmers in Maharashtra

MNRE Issues Blueprint for Testing Solar Pump Controllers

The Ministry of New and Renewable Energy (MNRE) has issued draft specifications and testing procedures for universal solar pump controllers (USPC). The draft is up for comments up to April ...
/ / Markets & Policy, Solar
International Solar Alliance Gets a New Member_ Bolivia

CERC Rules Against Power Grid, Provides Relief to Solar Developer in Madhya Pradesh

The Central Electricity Regulatory Commission (CERC) has quashed a transmission service agreement (TSA) termination notice that was issued by the Power Grid Corporation of India Limited (PGCIL) to SEI Sunshine ...
/ / Markets & Policy, Solar
SECI Auctions 200 MW of Solar Projects to be Developed in Karnataka’s Pavagada

Karnataka’s Pavagada Solar Park to be Fully Operational by December 2019

At Karnataka’s Pavagada Solar Park, approximately 1,400 MW of grid-connected solar photovoltaic (PV) projects are operational today. Recently, ReNew Power commissioned 300 MW of solar PV capacity at the park ...
/ / Markets & Policy, Solar