13% of Indian Households Still Don’t Have Access to Grid-Connected Electricity: Survey
A recently-released survey suggests that nearly 87% of the country's population has access to grid-based electricity, while 13% either use non-grid sources for electricity and lighting or don't use any ...
Maharashtra Pushes For Open Tenders for its Solar Program
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to file a modified request for selection (RfS) for floating open tenders under the ...
Industry Hopes Penalizing DISCOMs for Net Metering Connection Delays Can Drive Growth
Residential rooftop solar developers welcomed the Ministry of Power’s (MoP) move to penalize distribution licensees (DISCOMs) for any delay in rooftop solar systems' connection agreement. Last month, the Ministry of ...
Tariff Reduced From ₹3.57 to ₹2.95/kWh for 400 MW of Solar Projects in Andhra Pradesh
The Andhra Pradesh Electricity Regulatory Commission (APERC) has announced a new tariff of ₹2.95 (~$0.039)/kWh for 400 MW of solar projects in Ananthapuram II ultra-mega solar park that were supplying ...
Solar Imports in Q3 Down 77% From Last Year
According to the latest trade data, India’s solar imports were 77% lower than the same period last year, which saw $598.1 million (~$42.2 billion) of imports. However, solar imports rose ...
Should Solar Generators Worry About SECI Amid Rising Dues from DISCOMs?
Solar Energy Corporation of India (SECI) has started reimbursing renewable developers' claims falling under the 'change in law' clause. These reimbursements have been filed for the additional costs incurred by ...
Utility-scale Solar Costs Falling More Rapidly Compared to Onshore wind: Report
Financial advisory and asset management firm, Lazard, released its annual in-depth study comparing energy costs from various generation technologies in the United States. With declining renewable energy costs, certain technologies ...
At 119 MW, Australia’s Rooftop Solar Capacity Additions in September Lowest in a Year
Australia installed 119.47 MW of rooftop solar capacity in September this year, a decrease of 57 MW, compared to the same period last year, according to Australia’s Clean Energy Regulator ...
MERC Refuses Transfer of Execution Right in a 225 MW Solar-Wind Hybrid Project
The Maharashtra Electricity Regulatory Commission (MERC) dismissed Tata Power Company-Distribution's (TPC-D) request to change the name of the execution entity from Tata Power Green Energy Limited (TPGEL) to Tata Power ...
Project Finance Brief: EDF Renewables Acquires 4.5 GW Solar Project Pipeline in the US
GreenYellow, an operator of green energy in Madagascar, Axian, a Pan-African group, Societe Generale, GuarantCo, the guarantee arm of the Private Infrastructure Development Group, and African Guarantee Fund have closed ...
Funding and M&A Wrap-Up: Scatec Solar Raises $515 Million in a Private Placement
Scatec Solar, an independent power producer, has completed a private placement, raising approximately NOK 4,750 million (~$514.94 million) in gross proceeds by allocating 20,652,478 shares subscription price of NOK 230 ...
Daily News Wrap-Up: Candi Receives $3.16 Million to Scale its Solar Solutions in India
Here are some noteworthy cleantech announcements of the day from around the world: EDFI ElectriFi has invested €2.68 million (~$ 3.16 million) junior debt in Candi, a platform that builds, ...
China Adds 1.3 GW of Residential Rooftop Capacity in September 2020
China’s National Energy Administration (NEA) has published the latest figures for the residential rooftop solar installations. The country added 1.3 GW of residential rooftop solar capacity in September 2020. The ...
Prices Fall in France’s Latest 600 MW Solar and Wind Auction
France has selected nearly 100 solar and wind energy projects with a cumulative capacity of 600 MW in its latest auction. According to France’s Ministry of Ecological Transition, these projects ...
2019 Was the Best Year for Offshore Wind With 6.1 GW of Capacity Addition: Report
By the end of 2020, the offshore wind energy industry will see 6.6 GW of installations worldwide. According to the latest Global Wind Energy Council's (GWEC) report, despite the negative ...
Madhya Pradesh Floats Tender for 30 MW of Rooftop Solar Projects Under RESCO Model
Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has floated a request for proposal (RfS) for 30 MW of grid-connected rooftop solar projects under the Renewable Energy Service Company (RESCO) model ...
Daily News Wrap-Up: NHPC Planning a 600 MW Solar Project in Uttar Pradesh
Here are some noteworthy cleantech announcements of the day from around the world: NHPC Limited has revealed its plans to build a 600 MW solar project in Deoria district of ...
Mizoram Invites Bids for Short-Term Sale of Surplus Non-Solar Renewable Power
The Power and Electricity Department of Mizoram (PEDM) has issued a notice inviting bids for the short-term sale of the state electricity department's surplus non-solar renewable power generated between January ...
BIS Registration for Solar Modules Delayed, Developers Worried
A three-month-long delay in procuring registration certificates issued by the Bureau of Indian Standards (BIS) for a new model of solar modules is severely hampering the solar industry. According to ...
Tariff of ₹5.34/kWh to Apply on Tamil Nadu’s Bagasse-Based Cogeneration Projects
The Tamil Nadu Electricity Commission (TNERC) has issued the tariff order for bagasse-based cogeneration projects. The order will be applicable for power procurement by distribution licensees (DSCOMs) from bagasse-based cogeneration ...
Solar-Wind Hybrid Projects will Stand Canceled if SECI Fails to Sign PSA within Six Months
The Ministry of New and Renewable Energy (MNRE) has issued tariff-based competitive bidding guidelines for power procurement from grid-connected solar-wind hybrid projects. The guidelines stated that the Solar Energy Corporation ...
India’s EESL to Invest $5 Million in Thailand’s Electric Vehicle Manufacturer
India’s Energy Efficiency Services Limited (EESL) would invest in SWAG EV, an electric vehicle (EV) manufacturer in Thailand, in a bid to drive convergence – an emerging concept bringing together electric mobility, ...
Tamil Nadu‘s New Tariff Order for Solar Procurement
The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a tariff order for solar power procurement by distribution licensees. The effective date of the order is October 16, 2020. According ...
E-Tendering Portals Show Digitalization is the Future for India’s Solar Industry
The ongoing COVID-19 crisis has accentuated the need to automate and digitalize practices and processes in the renewable energy sector. There is enormous potential for the industry to adopt smarter ...
Daily News Wrap-Up: Delhi Starts Trial on Buses Running on Hydrogen-Mixed CNG
Here are some noteworthy cleantech announcements of the day from around the world: The Board of Directors of NHPC Limited has approved the proposal to initiate the merger of its ...
India’s Power Supply Deficit Shrunk to 0.3% in the First Half of FY 2020: CEA
India’s power supply deficit narrowed down to 0.3% in the first half (1H) of the financial year (FY) 2020-2021, according to data from the Central Electricity Authority (CEA). This was ...
Solar Industry Awaits Clarity on ALMM Extension and Implementation
The deadline for implementing the approved list of models and manufacturers (ALMM) has passed, and the industry is still in limbo. There's no update yet on the new deadline as ...
Kerala DISCOM Keen on Purchasing Power from NHPC’s 200 MW Solar Project
The Kerala State Electricity Board Limited (KSEB) has decided to seek in-principle approval from the Kerala State Electricity Regulatory Commission (KSERC) to procure 200 MW of solar power from NHPC ...
Haryana Asks Another Open Access Solar Project to Supply Power to DISCOMs
The Haryana Electricity Regulatory Commission (HERC) approved the draft power purchase agreement (PPA) to be executed between LR Energy Private Limited and the Haryana Power Purchase Center (HPPC) for the ...
ReNew Power Raises $325 Million through Overseas Green Bonds
ReNew Power, an Indian independent power producer, has raised around $325 million through overseas green bonds. Green bonds are financial instruments designed to raise money for climate and sustainability-related projects ...
Delhi Expands Applicability of Virtual Net Metering for Renewable Consumers
The Delhi Electricity Regulatory Commission (DERC) has amended its regulations on group net metering and virtual net metering for renewable energy. In the amendment, the regulator has modified its guidelines ...
