CERC Dismisses Azure Solar’s Claim for GST Compensation on O&M Expenses

CERC Dismisses Azure Solar’s Claim for GST Compensation on O&M Expenses

The Central Electricity Regulatory Commission (CERC) has dismissed the petitions filed by Azure Power against the National Thermal Power Corporation (NTPC) and Solar Energy Corporation of India Ltd. (SECI) requesting ...
/ / Markets & Policy, Solar
Indian Railways has Installed 95.67 MW of Rooftop Solar Capacity_ Piyush Goyal

Indian Railways has Installed 95.67 MW of Rooftop Solar Capacity: Piyush Goyal

The Minister of Railways, Piyush Goyal, has announced that the ministry has installed 95.67 MW of rooftop solar systems to date. In response to an inquiry in the Lok Sabha, Goyal replied that the ministry had awarded nearly 248.46 MW of solar capacity ...
/ / Rooftop, Solar
New Guidelines Restrict Short-term Equity Investment in Solar Projects

New Guidelines Restrict Short-term Equity Investment in Solar Projects

In an amendment to the competitive bidding guidelines for procuring power from grid-connected solar PV projects, issued by the MNRE in July 2019, it was noted that the project developers need to maintain a controlling shareholding of 51% in the SPV or project company executing the PPA. ...
/ / Mercom Research Focus, Other
India Added 5.4 GW of Solar in 9M 2019, with 2.2 GW Installed in Q3 2019

India Added 5.4 GW of Solar in 9M 2019, with 2.2 GW Installed in Q3 2019

According to Mercom India Research’s newly released Q3 2019 India Solar Market Update, solar installations in India increased 44% in Q3 2019 reaching 2,170 MW, compared to 1,510 MW in ...
/ / Mercom Research Focus, Other
Azure Power and ReNew Power Were the Top Utility-Scale Solar Developers During 1H 2019

Azure Power and ReNew Power Were the Top Utility-Scale Solar Developers During 1H 2019

In the first half of this year (1H 2019), Azure Power, ReNew Power, Sprng Energy, and Tata Power emerged as the top four developers of utility-scale solar power projects in ...
/ / Mercom Research Focus, Other
Mercom Exclusive Rooftop

Mercom Exclusive: Elimination of Key Subsidies Adds to Challenges Faced by Rooftop Solar in India

The government of India in 2014 revised the national solar installation target from 22 GW to an aggressive 100 GW by 2022. The target was split between large-scale solar (60 ...
/ / Rooftop, Solar
Month In A Minute

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in January 2017

Important Headlines and Data Points from the Indian Renewable Sector in January 2017 Solar Energy Corporation of India (SECI) released the list of successful developers for the 500 MW rooftop ...
/ / Other, Renewable Energy
Policy Roundup

Policy Roundup: January 2017

Here is a renewable energy policy roundup from central, state and government agencies in India for the month of January 2017. Telangana and Assam Join UDAY Program The Indian states ...
/ / Markets & Policy, Solar
WBSEDCL

West Bengal State Electricity Distribution Company Tenders 20 MW (AC) of Solar

The West Bengal State Electricity Distribution Company Limited (WBSEDCL) has tendered two solar projects of 10 MW each to be developed at Paschim Medinipur, West Bengal. This is an engineering ...
/ / Solar, Tenders & Auctions
Bonds

2017-18 Budget a Disappointment for the Indian Renewable Energy Sector

Overall, India’s 2017-18 budget is a disappointment for renewable energy sector. There were no major subsidies or incentives announced. There had been hope that reduction in accelerated depreciation and the ...
/ / Markets & Policy, Other
Karnataka Solar Policy: State Revises Solar Installation Target to 6,000 MW by March 2021

Karnataka Solar Policy: State Revises Solar Installation Target to 6,000 MW by March 2021

The government of Karnataka has announced amendments to the Karnataka State Solar Policy 2014-21. The estimated solar energy potential of the state has been updated from 20 GW to 24.7 GW ...
/ / Markets & Policy, Solar
Solar Project

SECI Tenders a 50 MW Solar Project under DCR Category at Bhadla Phase-IV Solar Park in Rajasthan

The Solar Energy Corporation of India (SECI) has tendered 50 MW of solar under the domestic content requirement (DCR) category at Bhadla Phase-IV Solar Park in Rajasthan. The project will be developed ...
MW-Scale Solar Project

SECI Tenders 100 MW of Solar Under the Domestic Content Category at Bhadla Phase-III Solar Park in Rajasthan

The Solar Energy Corporation of India (SECI) has tendered a 100 MW solar project under domestic content requirement (DCR) category at Bhadla Phase-III Solar Park in Rajasthan. The project will be developed ...
BEL DCR Solar Tender

Bharat Electronics Limited Tenders 36 MW of Solar Projects under DCR Category

Bharat Electronics Limited (BEL) has tendered a total of 36 MW (AC) of solar under the domestic content requirement (DCR) category. The capacity comprises of two projects of 10 MW ...
Solar Project

Indian Oil Corporation Tenders 3 MW of Solar in Kadapa, Andhra Pradesh

The Indian Oil Corporation Limited (IOCL) tendered a 3 MW ground mounted solar PV project to be constructed at Indian Oil Kadapa Bottling Plant premises located in Kadapa, Andhra Pradesh. The project ...
Utility Scale Solar

NHPC Tenders 30 MW Solar Project in Uttar Pradesh

The National Hydroelectric Power Corporation (NHPC) tendered a 30 MW solar PV project to be developed in the Jalaun district of Uttar Pradesh. This is an engineering procurement and construction ...
/ / Solar, Tenders & Auctions
Grid-Connected Rooftop Solar

REC Power Trading Company Tenders 10 MW of Grid-Connected Rooftop Solar in Assam

REC Power Trading Company Limited (RECPDCL) has tendered 10 MW of rooftop solar on behalf of Assam Power Distribution Company (APDCL). The APDCL has set a target of 250 MW ...
/ / Solar, Tenders & Auctions
Import and Export

Solar Imports Grew by 40 Percent Year-over-Year, Exports Declined 22 Percent in the First Seven Months of Financial Year

In the seven months from April to October in financial year (FY) 2016-17, export and import activity totaling $1.22 billion (~Rs.83.22 billion) was registered in the Indian solar sector. This ...
/ / Markets & Policy, Solar
GERC draft solar wind

GERC Issues Draft Regulations With Focus on Large-Scale Grid Integration of Solar and Wind for 2017

The Gujarat Electricity Regulatory Commission (GERC) has issued draft regulations for solar and wind power for 2017. The objective of these regulations is to facilitate large-scale grid integration of solar ...
/ / Grid, Utilities
CEL Tender Rooftop

Central Electronics Limited Tenders 100 MW Grid-Connected Rooftop Solar

Central Electronics Limited (CEL), a Government of India enterprise, has tendered 100 MW of grid-connected rooftop solar to be installed on office buildings and railway stations under zonal railways, using ...
/ / Solar, Tenders & Auctions
CERC Releases White Paper on Energy Storage

CERC Releases White Paper on Energy Storage

The Central Electricity Regulatory Commission (CERC) has released a white paper on energy storage systems in an effort to generate discussion among the stakeholders and better understand users’ perceptions about ...
Solar Rooftop Allocation DMRC

Solar in India Generated 8.4 Billion Units of Electricity in the Eight Month Period from April to November 2016; 87% increase over the same period in 2015

Solar energy now accounts for 1 percent of the total electricity generated in India and 14.3 percent of total renewable power generated in the country. During the eight-month period from ...
/ / Commercial, Solar
Lending rates

Solar Lending Rates Witness Slight Dip in the last Quarter

The Indian solar sector witnessed a slight dip in lending rates over the last quarter (Oct-Dec 2016). The average interest rates for solar projects came down slightly compared to the ...
/ / Finance and M&A, Other
rupees

$1.1 Billion in Funding and M&A Deals Announced in the Indian Solar Sector in Q4 2016

With solar installations in 2016 totaling 4 GW, financial activity was robust in the fourth quarter of 2016, with approximately $1.1 billion (~Rs.76.6 billion) in announced corporate, project funding and ...
/ / Finance and M&A, Solar
World Bank

World Bank Launches Global Solar Atlas in Partnership with International Solar Alliance

The World Bank, in partnership with the International Solar Alliance (ISA), launched the Global Solar Atlas, a free, web-based tool to help investors and policymakers identify potential sites for solar ...
/ / Solar, Technology
Finance

ADB Approves $390 Million Financing Package for ReNew Power to Develop 709 MW of Solar and Wind in India

The Asian Development Bank (ADB) has approved a $390 million (~Rs.26.54 billion) financing package for ReNew Power, an Indian renewable energy project developer. The funds will be utilized to develop ...
/ / Finance and M&A, Other
25 Indian States Fall Behind Solar RPO Targets

25 Indian States Fall Behind Solar RPO Targets

Twenty-five states in India have fallen behind their renewable purchase obligation (RPO) targets. The state-wise installation targets set by the Ministry of New and Renewable Energy (MNRE) have not been ...
/ / Markets & Policy, Solar
Indian Solar Rooftop

Will New MNRE Incentives for DISCOMs Spur Solar Rooftop Growth in India?

The Ministry of New and Renewable Energy (MNRE) has announced financial assistance in the form of grants to distribution companies (DISCOMs) of up to Rs.3.75 million (~$55,000)/MW for rooftop solar ...
/ / Markets & Policy, Solar
rooftop installer

Top Rooftop Installers in India

In India, the rooftop solar sector is beginning to show some growth. Within the past two years, cumulative rooftop solar installations have reached 605 MW, according to Mercom’s Solar India Quarterly Update ...
/ / Rooftop, Solar
inverter

Top Eight Inverter Manufacturers Account for 96 Percent of India’s Solar Inverter Market

The top eight inverter manufacturers account for 96 percent of solar inverter market in India, led by ABB with 22 percent, followed by SMA Solar with 18 percent. To date, ...
/ / Inverters & BOS, Solar