Global Solar Market Receives $2.8 Billion in Corporate Funding in Q1 2019
The solar sector received $2.8 billion in corporate funding globally, including venture capital funding, public market, and debt financing. Activity across venture capital funding, public market, and debt financing were ...
Haryana Commission Approves Power Purchase Agreement for 3 MW Biomass with Deviations
The Haryana Electricity Regulatory Commission (HERC) has issued an order approving the power purchase agreements (PPAs) for 3 MW of biomass procurement by Haryana Power Purchase Center (HPPC). HPPC had petitioned ...
Haryana to Follow Latest MNRE Competitive Bidding Guidelines for 300 MW Solar Auction
The Haryana Electricity Regulatory Commission (HERC) has asked the Haryana Power Purchase Centre (HPPC) to follow the latest competitive bidding guidelines issued by the Ministry of New and Renewable Energy ...
MNRE Issues Draft Guidelines for Grouping Solar PV Inverters for Testing in Labs
The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for series approval (grouping) of solar photovoltaic (PV) inverters to conduct testing in labs for Implementation of “Quality ...
Adani to Remove Domestic Content Requirement for 700 MW Solar Auction
The Maharashtra Electricity Regulatory Commission (MERC) has approved Adani Electricity Mumbai Limited’s (AEML) request to initiate the bidding process for 700 MW of solar without the domestic content requirement condition ...
Grid Access Registration Fees Set for DISCOMs, Power Traders, Generating Companies
The Central Electricity Regulatory Commission (CERC) has issued a notification about fees to be collected by Regional Load Despatch Centres (RLDC) from the generating companies, distribution licensees, inter-state transmission licensees, buyers, ...
MSEDCL to Buy Wind Power from Projects with Expired Agreements Through Reverse Auction
Maharashtra Electricity Regulatory Commission (MERC) has asked the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to procure wind energy from projects whose energy purchase agreements (EPAs) have expired, to fulfill ...
Zambia Awards 120 MW of Solar PV Projects
The Global Energy Transfer Feed-in Tariffs (GET FiT), Zambia Secretariat, has awarded 120 MW of solar photovoltaic (PV) projects under round one of GET FiT Zambia 100 MW solar PV ...
ADB and ASEAN Announce $1 Billion Green Finance Facility
The Asian Development Bank (ADB) along with Southeast Asian governments and major development financiers has launched the “ASEAN (Association of Southeast Asian Nations) Catalytic Green Finance Facility,” a new initiative ...
PTC India Financial and USICEF Partner to Finance Distributed Solar Projects in India
Indian infrastructure finance company, PTC India Financial Services (PFS), has partnered with the U.S.-India Clean Energy Finance (USICEF) to mobilize debt financing for distributed solar energy in India. This is ...
Suzlon Sells Two Solar Subsidiaries to ReNew Power for ₹297.3 Million
Suzlon Energy Limited (Suzlon) has announced that it will sell two of its solar subsidiaries to Ostro Energy, a wholly owned subsidiary of independent power producer, ReNew Power. The two ...
MNRE Issues Testing Guidelines for Battery Storage
The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for performance testing of batteries (lead-acid and nickel-based chemistry type) series approval for mandatory registration with the Bureau ...
Transmission, Wheeling, Cross-Subsidy Charges for Captive and Renewable Projects in UP
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued new regulations titled “Captive and Renewable Energy Generating Plants Regulations, 2019,” which will be enforced from April 1, 2019, through March 31, ...
Solar Auctions Plummeted While Tender Activity Soared in March 2019
Solar auction activity in March plummeted to 750 MW, which was approximately one-fourth of the capacity auctioned in the previous month. The auctioned capacity in March 2019 was also lower ...
EPC Contractors Invited to Construct 150 MW of Solar PV Projects in Gujarat
The Gujarat Industries Power Company Limited (GIPCL) is looking for engineering procurement construction (EPC) contractors to develop 150 MW of grid-connected solar photovoltaic (PV) projects. The bid submission deadline is ...
Avaada Energy’s Renewables Growth Plan Gets ₹10 billion Boost from ADB, DEG and, FMO
Independent power producer (IPP), Avaada Energy, has announced that it has secured financing of around ₹10 billion ($143.8 million) in the form of equity infusion from the Asian Development Bank ...
SECI Extends Deadline to Submit Bids for 97.5 MW of Rooftop Solar Projects for Second Time
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 11, 2019, to April 16, ...
All India Peak Power Demand Increased 5% Year-over-Year Touching 169 GW in March 2019
In March 2019, the peak demand touched a high of 169 GW pushing power prices up. According to the Indian Energy Exchange (IEX), the all India peak demand touched 169 ...
Adani Electricity Mumbai Has Time Until March 2020 to Comply with RPO
Government agencies in India are taking renewable purchase obligation (RPO) compliance cases seriously, and entities are being brought to task by state electricity regulatory commissions after the creation of RPO ...
NHPC Invites EPC Contractors to Construct a 40 MW Solar Project in Odisha
As part of its green energy commitment, The National Hydroelectric Power Corporation (NHPC) has issued an engineering procurement and construction (EPC) contract for developing 40 MW of grid-connected solar power ...
MNRE Suggests Mandatory Recycling of Solar Panel Glass Containing Antimony
The Ministry of New and Renewable Energy (MNRE) has issued a blueprint for the utilization, manufacture, disposal, and import of solar photovoltaic (PV) module and glass containing Antimony. Antimony is ...
SECI Issues Tender for 500 MW of Solar Power Projects to be Developed in Tamil Nadu
The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for 500 MW (Phase I) of grid-connected solar PV projects in Tamil Nadu on Build Own Operate ...
Here are the 2018 Market Leaders in India’s Solar Industry
In 2018, India was again the third largest solar market behind China and the United States with 8.3 GW of solar PV capacity installed in the year. Mercom’s newly released ...
Venkaiah Naidu Rallies for Smart Grid as a Solution for India’s Renewable Integration
At the inaugural function of GRIDTECH 2019, the Vice President of India, Venkaiah Naidu called for the promotion of new and renewable energy on a bigger scale. He said moving ...
International Solar Alliance Gets a New Member: Bolivia
Bolivia has signed the framework agreement of the International Solar Alliance (ISA), joining hands with India towards a common goal of sustainability. The ISA is an Indian initiative that was jointly launched ...
