Karnataka Mulls Revision of Generic Tariff for Large-Scale and Rooftop Solar Projects
The Karnataka Electricity Regulatory Commission (KERC) has issued a discussion paper to set tariff for solar power projects, including solar rooftop projects for the financial year 2020. Earlier, Mercom reported ...
2019 Begins with a Sharp Decline in Solar Auction Activity
Auction activity was extremely anemic in January with only 135 MW of solar capacity auctioned, a steep decline compared to over 2 GW of capacity that was auctioned in the ...
Asian Development Bank Invests $20 Million in AC Energy’s First Climate Bond
The Asian Development Bank (ADB ) has invested $20 million in the first climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. This will be the ...
Phelan Energy Group Secures Financing for a 86 MW Solar Project in South Africa
Phelan Energy Group has announced that in December 2018, its subsidiary, Solar Capital reached financial close on its third solar project. The project, located in South Africa, has a capacity ...
31 Companies Join Climate Action Initiative, Adopt EVs to Fight Toxic Air
The Climate Group is targeting the electrification of more than 2 million vehicles by 2030 under its EV100 initiative. EV100 is a global initiative by The Climate Group (a non-profit ...
Solar Power Generation in India Recorded Highest Production in Q4 2018
Solar power generation in India continues to increase as more solar is added to the grid every day. According to Mercom’s India Solar Project Tracker, solar accounted for around 27.9 ...
Pakistan Gives Tax Exemption for 5 Years to Solar and Wind Equipment Manufacturing
The Pakistan government has proposed a five-year exemption of taxes for manufacturing of solar and wind energy equipment in its budget bill, reported Reuters. The tax break is expected to ...
Power Finance Corporation’s Acquisition of 52% Stake in REC Approved
The Competition Commission of India has announced that it has approved Power Finance Corporation’s (PFC) acquisition of 52% stake in Rural Electrification Corporation (REC). In December 2018, the acquisition received ...
BHEL Floats Tender for Solar Module Mounting Structure Columns for 129 MW of Projects
Bharat Heavy Electricals Limited (BHEL) has issued a tender for the procurement of 1,500 metric tons of module mounting structure columns for setting up 129 MW of solar power projects ...
NHPC’s New Tender Calls for 1,082 kW of Rooftop Solar Projects in Himachal Pradesh
The National Hydroelectric Power Corporation (NHPC) has issued a tender for 1,082.16 kW of rooftop and small solar power projects at various power stations of NHPC in Himachal Pradesh. These ...
Jharkhand Announces EPC Tender for a 2 MW Canal Top Solar Project
The Jharkhand Renewable Energy Development Agency (JREDA) is looking for an engineering procurement construction (EPC) firm to set up a canal top solar project in Ranchi. The state agency has ...
Public Sector Units to Develop 12 GW of Solar Projects in 4 Years Using Domestic Modules
The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal for the implementation of setting up 12,000 MW of grid-connected solar PV power projects under the Central Public Sector ...
Tamil Nadu Proposes Feed-in Tariff for Solar Projects
The Tamil Nadu Electricity Regulatory Commission (TNERC) has proposed feed-in tariff for solar photovoltaic (PV) procurement in a newly released consultative paper. The paper is up for comments up to March ...
SECI’s 1.2 GW Wind Tender Garners Huge Response, Oversubscribed by 1,125 MW
The recent wind tender issued by the Solar Energy Corporation of India (SECI) for 1,200 MW of projects have been oversubscribed by 1,125 MW. These ISTS-connected wind projects were issued ...
News Highlights from India’s Solar Industry in January 2019
The first month of 2019 witnessed some key announcements in the Indian renewable sector. For instance, the Directorate General of Trade Remedies (DGTR ) issued its final findings for the ...
DISCOMs Owe ₹18.84 Billion to NTPC in Outstanding Bills for Solar Projects
Power distribution companies (DISCOMs) in Andhra Pradesh, Telangana, and Karnataka are staring at acute power shortages as the National Thermal Power Corporation (NTPC) has warned that it will stop supply ...
Gujarat’s 500 MW Solar Tender Oversubscribed by 545 MW
Gujarat Urja Vikas Nigam Limited (GUVNL)’s 500 MW grid-connected solar photovoltaic (PV) power projects (Phase IV) tender has been oversubscribed by 545 MW. Bids totaling 1,045 MW were submitted in ...
AAI’s New Tender Seeks Engineering Consultancy for a 5 MW Solar Project at Calicut Airport
The Airports Authority of India (AAI) has invited bids for engineering consultancy from consultancies or engineering, procurement, and construction companies to prepare for a 5 MW ground-mounted solar PV project proposed ...
MNRE Seeks Stakeholder Comments on BIS Standards for Solar Pumps
The Ministry of New and Renewable Energy (MNRE) has issued a memorandum requesting for views of stakeholders on the BIS standards for solar PV water pumping systems. Earlier, the Bureau ...
Peak Power Demand in India Increased Year-Over-Year by 4% in January 2019
According to the Indian Energy Exchange (IEX), the all India peak demand touched 162 GW in January 2019, registering a 4 percent increase over the peak demand registered in January ...
India Gets Serious on Optimizing Inter-State Generating Stations, Reducing Power Cost
In a recent order, the Central Electricity Regulatory Commission (CERC) has asked the Power System Operation Corporation (POSOCO) to implement a pilot for the security constrained economic dispatch (SCED) of electricity ...
Rajasthan Sets ₹2.67/kWh As Price of Energy Supplied to DISCOMs Under REC Mechanism
The Rajasthan Electricity Regulatory Commission (RERC) has issued a notice inviting suggestions from interested parties before finalizing its Renewable Energy Certificate (REC) and Renewable Purchase Obligation (RPO) Compliance Framework (Third ...
Tamil Nadu’s New Solar Policy Targets 9 GW of Installed Capacity by 2023
The Tamil Nadu Energy Development Agency (TEDA) has issued the state’s Solar Energy Policy 2019. The policy targets 9 GW of installed solar photovoltaic (PV) capacity in Tamil Nadu by ...
EBRD to Finance a 50 MW Solar Project in Southern Kazakhstan
The European Bank for Reconstruction and Development (EBRD) has announced the financing of a 50 MW solar power project in southern Kazakhstan. The proposed financing package arranged by the EBRD ...
China Installs Better than Expected 44 GW of Solar Capacity in CY 2018
In the calendar year (CY) 2018, China installed 44.26 GW of solar photovoltaic capacity. The country installed 9.76 GW of solar PV capacity in the fourth quarter of CY 2018 ...
