Author Archives: Rahul Nair

About Rahul Nair

Rahul is a staff reporter at Mercom India. Before entering the world of renewables, Rahul was head of the Gujarat bureau for The Quint. He has also worked for DNA Ahmedabad and Ahmedabad Mirror. Hailing from a banking and finance background, Rahul has also worked for JP Morgan Chase and State Bank of India. More articles from Rahul Nair.

rahul@mercomindia.com

@lateralparabola

Amazon Becomes World's Largest Corporate Purchaser of Renewable Energy

Amazon Becomes World’s Largest Corporate Purchaser of Renewable Energy

E-commerce giant Amazon announced 26 new utility-scale wind and solar energy projects totaling 3.4 GW of electricity production capacity, bringing its total investment in renewable energy in 2020 to 35 ...
/ / Other, Renewable Energy
Mitsui India’s BIS Accredited Solar Testing Lab in Gujarat Kickstarts Operations

Mitsui India’s BIS Accredited Solar Testing Lab in Gujarat Kickstarts Operations

Japan-based Mitsui Chemicals Incorporated has started at its brand-new solar testing facility and certification laboratory in Ahmedabad, Gujarat. The lab, which is a Bureau of Indian Standards accredited (BIS) testing ...
/ / Markets & Policy, Solar
After Kazakhstan, US Imposes 47.54% Duty on Silicon from Bosnia-Herzegovina & Iceland

After Kazakhstan, US Imposes 47.54% Duty on Silicon from Bosnia-Herzegovina & Iceland

The U.S. Department of Commerce decided to impose preliminary duties of 47.54% on all silicon metal imports from Iceland, Bosnia, and Herzegovina. The announcement is the latest development in the ...
/ / Markets & Policy, Solar
African Development Bank Pledges $50 Mn to Help Energy Access Companies Tackle COVID-19

African Development Bank Pledges $50 Million to Help Energy Access Companies Tackle COVID-19

The African Development Bank's (AfDB) board of directors (BoD) has approved a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) to establish the COVID-19 off-grid recovery ...
/ / Other, Renewable Energy
Sri Lanka Plans a 100 MW Solar Project Through Private Sector Investment

Sri Lanka Plans a 100 MW Solar Project Through Private Sector Investment

Sri Lankan cabinet of ministers approved a proposal tabled by the Ministry of Energy (MoE) to develop the 100 MW Siyabalanduwa solar power project through private sector investment. According to ...
/ / Solar, Utility Scale
NTPC, ReNew Power Among Shortlisted Bidders for Uzbekistan Solar Projects

NTPC, ReNew Power Among Shortlisted Bidders for Uzbekistan Solar Projects

Uzbekistan's Ministry of Energy (MoE) issued a list of prequalified bidders for two solar projects, namely the Sherabad Solar Public-Private Partnership Project and Scaling Solar 2 Project. In July this ...
Italy Announces Special Tariffs for Shared Renewable Energy Generation by Prosumers

Italy Announces Special Tariffs for Shared Renewable Energy Generation by Prosumers

Italy has launched a new incentive program to encourage the local generation and sharing of renewable power. Two kinds of prosumers would be the beneficiaries of the incentive program: energy ...
/ / Other, Renewable Energy
Supreme Court Pulls Up Center for Laxity, Extends Stay on CERC’s Functioning

Supreme Court Pulls Up Center for Laxity, Extends Stay on CERC’s Functioning

The Supreme Court pulled up the Ministry of Power (MoP) for failing to appoint a member of law in the Central Electricity Regulatory Commission (CERC) since August 2020. The apex ...
/ / Grid, Market & Policy
Power Sale Agreement Signing Delays Could Slowdown Pace of Solar Installations

Power Sale Agreement Signing Delays Could Slow Down Pace of Solar Installations

The large-scale solar project pipeline in India stood at 44.7 GW, with another 34.6 GW of tendered capacity pending auctions at the end of Q3 2020, according to Mercom India ...
/ / Mercom Research Focus, Other
Energy Storage Solutions Provider Stem Goes Public in a $1.35 Billion SPAC Deal

Energy Storage Solutions Provider Stem Goes Public in a $1.35 Billion SPAC Deal

Artificial intelligence (AI)-driven clean energy storage systems provider - Stem Incorporated - and publicly-traded special purpose acquisition company (SPAC) - Star Peak Energy Transition Corp – declared that they have ...
New Guidelines for Feeder Level Solarization of Pumps Under KUSUM Program

New Guidelines for Feeder Level Solarization of Pumps Under KUSUM Program

The Ministry of New and Renewable Energy (MNRE) has decided to include feeder level solarization under Component-C of Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) program. Last month, ...
/ / Markets & Policy, Solar
Bharat Forge Invests ₹113.75 Million in Avaada’s Group Captive Open Access Solar Project

Bharat Forge Invests ₹113.75 Million in Avaada’s Group Captive Open Access Solar Project

A Pune-based multinational infrastructure company, Bharat Forge Limited, has invested ₹113.75 million (~$1.51 million) in Avaada SataraMH Private Limited (ASPL). The investment represents 8.98% of ASPL's paid-up equity capital. The ...
/ / Finance and M&A, Solar
Agartala to House North East's First Solar-Powered Airport

Agartala to House North East’s First Solar-Powered Airport

The Tripura Electricity Regulatory Commission (TERC) has approved a 2 MW solar project at the newly constructed terminal at Agartala's Maharaj Bir Bikram (MBB) Airport. The terminal will become operational ...
/ / Off-grid, Solar
Reduced Lock-In Period for Solar Projects Could Spur Foreign Investments and Liquidity

Reduced Lock-In Period for Solar Projects Could Spur Foreign Investments and Liquidity

In October 2020, the Ministry for New and Renewable Energy (MNRE) released a series of amendments related to the tariff-based competitive bidding process to procure power from grid-connected solar projects ...
/ / Markets & Policy, Solar
Indian Forms Committee to Oversee Implementation of the Paris Agreement

India Forms Committee to Oversee Implementation of the Paris Agreement

The Ministry of Environment, Forest and Climate Change (MoEFCC) has constituted a high-level inter-ministerial Apex Committee for the Implementation of the Paris Agreement (AIPA). The Secretary of MoEFCC will lead ...
/ / Other, Renewable Energy
United States Levies 120% Import Duty on Silicon Imports from Kazakhstan

United States Levies 120% Import Duty on Silicon Imports from Kazakhstan

The U.S. Department of Commerce said it would impose preliminary duties of 120% on all silicon metal imports from Kazakhstan. American silicon manufacturers like the U.S. based subsidiary of Ferroglobe ...
/ / Markets & Policy, Solar
Residential Rooftop Solar Loans_ All You Need to Know

Residential Rooftop Solar Loans: All You Need to Know

In the fourth article of our series covering all you need to know about rooftop solar systems, we focus on ways to finance your residential rooftop system. This write-up will ...
/ / Consumers, Solar
Robotic Solar Solutions Maker Ecoppia Launches IPO on Tel Aviv Stock Exchange

Robotic Solar Solutions Maker Ecoppia Launches IPO on Tel Aviv Stock Exchange

Ecoppia, a robotic cleaning solutions provider for large-scale solar installations, launched an initial public offering (IPO) on the Tel Aviv Stock Exchange (TASE). Ecoppia secured $82.5 million from leading institutional ...
/ / Finance and M&A, Solar
Nigeria to Set Up Hybrid Solar Projects for Seven Universities

Nigeria to Set Up Hybrid Solar Projects for Seven Universities

Nigeria’s Rural Electrification Agency (REA) has revised the deadline for its Nigeria Electrification Project (NEP). Under NEP, the Nigerian government plans to develop solar hybrid power stations at seven universities, ...
/ / Solar, Utility Scale
Electric Two-Wheelers Can Now Operate as Taxis

Electric Two-Wheelers Can Now Operate as Taxis

According to the latest motor vehicle aggregators guidelines, the government will now allow two-wheelers running on electricity or alternate fuels (such as bio-ethanol) to be operated as taxis. According to ...
/ / Electric Vehicles, Grid
Hitachi ABB Power Grids and Ashok Leyland Partner for an E-Bus Pilot at IIT Madras

Hitachi ABB Power Grids and Ashok Leyland Partner for an E-Bus Pilot at IIT Madras

Hitachi ABB Power Grids has signed a memorandum of understanding  (MoU) with Ashok Leyland and the Indian Institute of Technology Madras (IITM) for an e-mobility pilot project. Under the tripartite ...
/ / Electric Vehicles, Grid
Telangana Finalizes Demand-Side Management Regulations for Distribution Licensees

Telangana Finalizes Demand-Side Management Regulations for Distribution Licensees

The Telangana State Electricity Regulatory Commission (TSERC) has released the final regulations for the demand-side management (DSM) initiatives of distribution licensees (DISCOMS). The DSM initiative is designed to encourage consumers ...
/ / Grid, Market & Policy
South Delhi Civic Body Partners with NTPC to Install Solar Systems on 200 Buildings

South Delhi Civic Body Partners with NTPC to Install Solar Systems on 200 Buildings

The South Delhi Municipal Corporation (SDMC) and NTPC have signed a memorandum of understanding (MoU) to install solar systems on over 200 SDMC buildings to save on power bills and ...
/ / Off-grid, Solar
Okaya Bags EESL Contract to Set Up 1,020 EV Charging Stations Across India

Okaya Bags EESL Contract to Set Up 1,020 EV Charging Stations Across India

Okaya Power has bagged a World Bank-funded contract from the state-run Energy Efficiency Services Limited (EESL) to deploy 1,020 electric vehicle (EV) charging stations across the country. EESL falls under ...
/ / Electric Vehicles, Grid
Biocon to Procure Solar Via Open Access Under Group Captive Model From Hinduja Renewables

Biocon to Procure Solar Via Open Access Under Group Captive Model From Hinduja Renewables

Bengaluru-based biopharmaceutical company Biocon Limited will acquire a 26% equity stake in Hinduja Renewables Two Private Limited (HRTPL). Biocon would shell out ₹59 million (~$799,085) to purchase the stake, and ...
/ / Finance and M&A, Solar