Author Archives: Nitin Kabeer

About Nitin Kabeer

Nitin is a staff reporter at Mercomindia.com and writes on renewable energy and related sectors. Prior to Mercom, Nitin has worked for CNN IBN, India News, Agricultural Spectrum and Bureaucracy Today. He received his bachelor’s degree in Journalism & Communication from Manipal Institute of Communication at Manipal University and Master’s degree in International Relations from Jindal School of International Affairs. More articles from Nitin Kabeer

nitin@mercomindia.com

@nitin4325

Telangana, Solar Pump, TSREDCO, JNNSM, MNRE

Telangana Issues Tender for Solar-Powered Water Pumps

The Telangana State Renewable Energy Development Corporation Limited (TSREDCO) has invited tender for the design, supply, installation and commissioning of Solar PV water pumping systems across the state. The program ...
HERC Issues New Regulations for Procuring Solar Power to Meet RPO

HERC Issues New Regulations for Procuring Solar Power to Meet RPO

The Haryana Electricity Regulatory Commission (HERC) has issued an order amending the terms and conditions for determination of tariff from renewable energy sources, renewable purchase obligation and renewable energy certificate ...
/ / Markets & Policy, Solar
NISE Issues Tender for Installation of Solar Data Acquisition Systems at 40 Sites

NISE Issues Tender for Installation of Solar Data Acquisition Systems at 40 Sites

The National Institute of Solar Energy (NISE), an autonomous body formed under the Ministry of New and Renewable Energy (MNRE), has issued a tender for the supply, installation, commissioning, and ...
/ / Markets & Policy, Solar
Japanese Company to Start Sri Lanka’s First Solar Panel Manufacturing Facility

Japanese Company to Start Sri Lanka’s First Solar Panel Manufacturing Facility

Japanese Sri Lanka Friendship (JSF) Corporation, a board of investment company, will start manufacturing solar panels at Katunayake in Sri Lanka. This will be the first solar panel manufacturing facility in ...
/ / Markets & Policy, Solar
Tata Power Sets up Three Electric Vehicle Charging Stations in Hyderabad

Tata Power Sets up Three Electric Vehicle Charging Stations in Hyderabad

Tata Power has announced new additions to its strategic network of electric vehicle (EV) charging stations in the country, the latest being the setting up of three fast charging EV stations at ...
Aramex Commissions MENA Region’s Largest Solar Rooftop Project of 3.2 MW in Dubai

Aramex Commissions MENA Region’s Largest Solar Rooftop Project of 3.2 MW in Dubai

Aramex, a UAE based logistics solution provider, has inaugurated a 3.2 MW solar photovoltaic (PV) project for its new logistics facility in Dubai, United Arab Emirates. This is the largest ...
/ / Markets & Policy, Solar
Siemens to Provide Equipment for 258 MWp Solar Project in Vietnam

Siemens to Provide Equipment for 258 MWp Solar Project in Vietnam

Siemens, a Germany-based supplier of transmission, distribution and smart grid solutions, has won a contract with Trung Nam Group to supply equipment for Vietnam’s largest solar park in operation. Under the ...
/ / Markets & Policy, Solar
JA Solar Receives $68.4 Million Loan for a 1.5 GW Solar Wafer Factory in Vietnam

JA Solar Receives $68.4 Million Loan for a 1.5 GW Solar Wafer Factory in Vietnam

JA Solar Vietnam, a wholly-owned subsidiary of Chinese solar manufacturer JA Solar, has completed a long-term buyer credit loan agreement of $68.4 million from China Minsheng Bank Corporation Limited. The ...
/ / Markets & Policy, Solar
South Korea Issues Guidelines for Solar Projects in Environmentally Protected Areas

South Korea Issues Guidelines for Solar Projects in Environmentally Protected Areas

The Ministry of Environment in South Korea has issued guidelines for solar power installation amid fears about environmental damage due to natural disasters. The guidelines will come into effect from ...
/ / Markets & Policy, Solar
MNRE Extends Date of Self-Certification for Solar Modules to September 4, 2018

MNRE Extends the Date for Self-Certification of Solar Modules to September 4, 2018

The Ministry of New and Renewable Energy (MNRE) has issued a notification stating that the date of self-certification by solar module manufacturers of six products included in the Schedule order ...
/ / Markets & Policy, Solar
CDC to Partner with Globeleq to Fund a 52 MW Solar Project in Kenya

CDC to Partner with Globeleq to Fund a 52 MW Solar Project in Kenya

CDC, a development finance institution of the UK government, has partnered with Globeleq, an independent power producer and developer in Africa, to provide $66 million debt financing to Malindi Solar Group ...
/ / Markets & Policy, Solar
Last year, in its analysis of the fifth annual integrated rating report, Mercom noted that most of the improvement in DISCOMs is attributed to reduction in debt levels due to states joining the UDAY program. As of March 31, 2018, the tariff cost gap of DISCOMs across India decreased by 48 percent in FY 2017-18, per data provided on the UDAY portal. Most DISCOMs have revised their tariffs after joining the program, and this has substantially helped in its goal achievement. “DISCOMs still have a lot of work to do. Especially going into an election year, bill collection and increasing power tariffs to reflect true costs will be a challenge. This report primarily gives guidance to DISCOMs. Just because a DISCOM has an ‘A’ rating, it does not mean they are low risk for solar companies,” added Prabhu. “States should not be surprised if solar tariffs go up due deterioration in DISCOM ratings.”

India’s Power Utilities’ Ratings Over the Last Year Decline Slightly

The Ministry of Power (MoP) recently released its sixth annual integrated ratings for the state distribution utilities. Out of the 41 utilities that were covered in the report, five utilities ...
/ / Grid, Market & Policy
Affiliated start-ups can receive up to ₹2 million from pilot program

YES Bank Launches Cleantech Accelerator to Help Start-ups

YES Bank, an Indian private sector bank, has launched a cleantech accelerator platform named ‘Yes Scale’ in association with the Ministry of New and Renewable Energy (MNRE) to help start-ups ...
/ / Other, Renewable Energy
Apple to Invest $300 Million in China Clean Energy Fund

Apple to Invest $300 Million in China Clean Energy Fund

Apple, a global tech giant has announced it will invest $300 million in the China Clean Energy Fund over the next four years. In a media statement, the company announced ...
/ / Markets & Policy, Solar
ContourGlobal to Get $114 Million From CPDQ to Acquire Solar Assets

ContourGlobal Secures $114 Million From CPDQ to Acquire Solar Assets

Caisse de dépôt et placement du Québec (CPDQ), a long-term institutional investor, has announced that it will provide CA$150 million (~$114 million) in debt financing to ContourGlobal. ContourGlobal is a ...
/ / Finance and M&A, Solar
Walmart India Sets 100% Renewable Energy Goal for Country Store Operations

Walmart India Installs Rooftop Solar in 17 Stores

Walmart India, a wholly owned subsidiary of Walmart Inc, is planning to incorporate sustainable sources such as solar energy, water harvesting, and recycling to run its stores in the country ...
/ / Rooftop, Solar
Tata Power to Develop 250 MW of Solar Projects at Pavagada Solar Park

Tata Power to Develop 250 MW of Solar Projects at Pavagada Solar Park

Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power, has received a Letter of Award from Karnataka Renewable Energy Development Limited (KREDL) to develop 250 MW ...
/ / Markets & Policy, Solar
SECI Issues Tender for 3 MW of Solar Projects with Battery Energy Storage System

SECI Issues Tender for 3 MW of Solar Projects with Battery Energy Storage System

The Solar Energy Corporation of India (SECI) has issued a tender for the development of two 1.5 MW (AC) solar power projects with Battery Energy Storage System (BESS) at Tangtse ...
India and South Korea Sign Agreement for the Expansion of Renewables

India and South Korea Sign Agreement for the Expansion of Renewables

The Korea Power Electric Corp. (KEPCO), a South Korean state-run utility, has signed Memorandum of Cooperation (MoC) with India’s Power Grid Corporation of India Ltd (PGCIL) for the expansion of ...
/ / Other, Renewable Energy
MNRE Issues Guidelines for Conducting Lab Tests on Solar PV Modules

MNRE Issues Guidelines for Conducting Lab Tests on Solar PV Modules

The Ministry of New and Renewable Energy (MNRE) has issued a series of guidelines for conducting tests on solar photovoltaic (SPV) modules (crystalline and thin film, including bifacial type). The ...
/ / Markets & Policy, Solar
Sri Lanka Awards 10 MW of Solar Project to Didul

Sri Lanka Awards 10 MW of Solar Project to Didul

The Sri Lankan government has awarded a 10 MW solar power project to a domestic company Didul (Pvt.) Ltd. The project is slated to be developed near a substation located ...
/ / Markets & Policy, Solar
Top DISCOMs Achieving 100% Household Electrification Could be Rewarded ₹500 Million

Top DISCOMs Achieving 100% Household Electrification Could be Rewarded ₹500 Million

The Ministry of Power (MoP) is thinking of providing incentives to distribution companies (DISCOMs) and its employees who meet the household electrification target under Pradhan Mantri Sahaj Bijli Har Ghar ...
/ / Grid, Market & Policy
Rajasthan to Get $250 Million from World Bank to Reform Electricity Distribution

Rajasthan to Get $250 Million from World Bank to Reform Electricity Distribution

The World Bank has approved a $250 million development policy loan (DPL) to Rajasthan for the improvement of the state’s electricity distribution sector under the ‘24x7 Power for All’ program ...
/ / Grid, Market & Policy
ADB to Support Climate Change Mitigation with €600 Million in Green Bonds

ADB to Support Climate Change Mitigation with €600 Million in Green Bonds

The Asian Development Bank (ADB) has raised €600 million (~$702.80 million) to support climate change mitigation and adaptation projects with the issue of a 7-year green bond. The bond has ...
ADB to Provide $45.44 Million Assistance to Bangladesh for Off-Grid Solar Solutions

ADB to Provide $45.44 Million Assistance to Bangladesh for Off-Grid Solar Solutions

The Asian Development Bank (ADB) has announced that it will give $20 million loan to Bangladesh under its Power System Efficiency Improvement Project for the furtherance of off-grid solar solutions ...