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

DISCOM Asked to Refund Electricity Duty Levied on Renewable Energy Open Access Consumer

DISCOM Asked to Refund Electricity Duty Levied on Renewable Energy Open Access Consumer

The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company (MSEDCL) to provide the credit adjustment for wrongful levy of electric duty to open access power ...
/ / Grid, Market & Policy
EPC Tender Announced for a 2 MW Solar Project at Indian Oil’s LPG Plant in Delhi

EPC Tender Announced for a 2 MW Solar Project at Indian Oil’s LPG Plant in Delhi

The Indian Oil Corporation Limited (IOCL) has invited bids from engineering, procurement, and construction (EPC) contractors to set up a 2 MW ground-mounted on-grid solar photovoltaic (PV) project at its ...
/ / Solar, Tenders & Auctions
Waiver of ISTS Charges for Solar and Wind Projects Extended until June 30, 2025

Waiver of ISTS Charges for Solar and Wind Projects Extended until June 30, 2025

The Ministry of Power (MoP) has announced an extension to the inter-state transmission system (ISTS) charges waiver on solar and wind energy projects commissioned up to June 30, 2025. The waiver applies ...
/ / Grid, T&D
IKEA & Rockefeller Foundation to Set Up $1 Billion Platform for Distributed Renewables

IKEA & Rockefeller Foundation to Set Up $1 Billion Platform for Distributed Renewables

The IKEA Foundation and Rockefeller Foundation will set up a $1 billion global platform in 2021 to fight climate change and energy poverty. The platform aims to reduce 1 billion ...
/ / Other, Renewable Energy
Maldives Launches Tender for 11-14 MW of Solar Projects Across 14 Islands

Maldives Launches Tender for 11-14 MW of Solar Projects Across 14 Islands

The Maldives has issued a tender inviting interested bidders to participate in the pre-qualification process for installing 11-14 MW of solar projects in 14 major islands. The last date for ...
/ / Solar, Tenders & Auctions
Wind Installations up 25% QoQ in the First Quarter of 2021

Wind Installations up 25% QoQ in the First Quarter of 2021

Wind installations in India in the first quarter of 2021 (Q1 2021) were up by 25% quarter-over-quarter (QoQ), with 623 MW added compared to 500 MW installed in the previous ...
/ / Wind
New Inverter Technologies Critical to Reduce LCOE of Solar Projects

New Inverter Technologies Critical to Reduce LCOE of Solar Projects

On Thursday, June 17, Mercom held a webinar on ‘Redefining Global PV Project Standards - Huawei FusionSolar 8.0 Gemini’ to discuss the latest trends and technologies in the Indian photovoltaic ...
/ / Markets & Policy, Solar
Dalhousie University’s Advanced EV Battery Research Gets Grant from Tesla and NSERC

Dalhousie University’s Advanced EV Battery Research Gets Grant from Tesla and NSERC

A team of researchers from the Dalhousie University, based at Halifax in Nova Scotia, Canada, received a grant of $2.9 million in funding from the Natural Sciences and Engineering Research Council (NSERC) ...
/ / Electric Vehicles, Grid
EESL Subsidiary to Empanel Electric Two-Wheeler OEMs in Kerala

EESL Subsidiary to Empanel Electric Two-Wheeler OEMs in Kerala

Convergence Energy Services (CESL), a 100% wholly-owned subsidiary of Energy Efficiency Services (EESL), has issued an expression of interest (EoI) to empanel original equipment manufacturers (OEM) to supply electric two-wheelers ...
/ / Electric Vehicles, Grid
Growing Demand for Rooftop Solar Expected to Offset Adverse Impact of Cap on Net Metering

Growing Demand for Rooftop Solar Expected to Offset Adverse Impact of Cap on Net Metering

Net metering, one of the vital policy drivers for rooftop solar adoption, has witnessed a series of revisions in India in the past few months. Net metering for rooftop solar ...
India to Add 20.2 GW of Wind Capacity Between 2021-2025, Wind Market to Grow by 50%

India to Add 20.2 GW of Wind Capacity Between 2021-2025, Wind Market to Grow by 50%

The Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+) have jointly released the ‘India Wind Energy Market Outlook 2025’ report, which predicts that the world’s fourth-largest wind power market ...
/ / Wind
UNOPS S3i, IFU Bring in Equity Investment for ACME’s 250 MW Solar Project

UNOPS S3i, IFU Bring in Equity Investment for ACME’s 250 MW Solar Project

ACME Solar has signed a shareholders' agreement with UNOPS S3i and IFU for developing a 250 MW solar project located in Rajasthan, India. In March 2019, ACME had won the ...
/ / Finance and M&A, Solar
US Solar Market Adds a Record 5 GW in Q1 2021

US Solar Market Adds a Record 5 GW in Q1 2021

According to the latest U.S. Solar Market Insight Q2 2021 report, released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the U.S. solar market has surpassed 100 GW of ...
/ / Markets & Policy, Solar
Power Tariff Hike for Consumers in Andaman & Nicobar Islands, Sops for Solar Continue

Power Tariff Hike for Consumers in Andaman & Nicobar Islands, Sops for Solar Continue

The Joint Electricity Regulatory Commission (JERC) has announced the energy and fixed charges for rooftop and ground-mounted solar in the Andaman and Nicobar Islands for the financial year 2021-22. This ...
/ / Markets & Policy, Solar
Azure Power Registers 16.2% YoY Rise in Revenue in Q4 2021

Azure Power Registers 16.2% YoY Rise in Revenue in Q4 FY2021

Azure Power posted a 16.2% year-over-year (YoY) rise in its revenue in the fourth quarter (Q4) of the financial year (FY) 2021, driven by projects commissioned in FY 2021. Other reasons ...
/ / Finance and M&A, Solar
Battery Company Solid Power to Go Public in a $1.2 Billion SPAC Deal

Battery Company Solid Power to Go Public in a $1.2 Billion SPAC Deal

Producer of all-solid-state batteries for electric vehicles Solid Power and Decarbonization Plus Acquisition Corporation III (DCRC), a special purpose acquisition company (SPAC), have announced a definitive agreement for a business ...
/ / Finance and M&A, Other
Surplus Solar Power Generated by MSMEs in Gujarat to be Compensated at ₹2.25kWh

Surplus Solar Power Generated by MSMEs in Gujarat to be Compensated at ₹2.25/kWh

The Gujarat Electricity Regulatory Commission (GERC) partly allowed a petition seeking amendments in the tariff framework to procure solar power by distribution licensees (DISCOMs) and others. It passed a series ...
/ / Markets & Policy, Solar
Bids Invited to Install 5 MW of Rooftop Solar on Government Buildings in Uttar Pradesh

Bids Invited to Install 5 MW of Rooftop Solar on Government Buildings in Uttar Pradesh

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited online bids for the installation of grid-connected rooftop solar projects under the capital expenditure (CAPEX) model across government ...
/ / Solar, Tenders & Auctions
Lithium-Ion Battery Maker Northvolt Raises $2.75 Billion to Finance Expansion Plans

Lithium-Ion Battery Maker Northvolt Raises $2.75 Billion to Finance Expansion Plans

Sweden-based lithium-ion battery manufacturer Northvolt has signed a $2.75 billion private placement to finance its battery cell production expansion and research and development (R&D) efforts. The annual production capacity of ...
/ / Finance and M&A, Other
NTPC Floats Tender for Hydrogen Fuel Cell-Based Pilot Projects

NTPC Floats Tender for Hydrogen Fuel Cell-Based Pilot Projects

India’s leading power generator NTPC has issued an expression of interest (EoI), inviting bids for hydrogen fuel cell-based pilot projects. The last date for submission of bids is July 10, ...
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EV Charging Firm Wallbox to Go Public in a $1.5 Billion SPAC Deal with Kensington Capital

Electric vehicle (EV) charging solutions provider Wallbox Chargers and Kensington Capital Acquisition Corp. II, a special purpose acquisition company (SPAC), have agreed to combine their businesses, converting Wallbox into a ...
/ / Other, Renewable Energy
Department of Heavy Industries Issues Details on PLI Program for Battery Storage

Department of Heavy Industries Issues Details on PLI Program for Battery Storage

The Department of Heavy Industry (DHI), Government of India, has issued a notification for the performance-linked incentive (PLI) program 'National program on Advanced Chemical Cell (ACC) battery storage' to implement ...
IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

The International Energy Agency (IEA) has released its latest report on ‘World Energy Investment 2021’. According to the report, the annual global energy investment is set to rise to $1.9 ...
/ / Other, Renewable Energy
Explosion at Hoshine Silicon’s Polysilicon Plant in China Threatens Supply

Explosion at Hoshine Silicon’s Polysilicon Plant in China Threatens Supply

A massive explosion was reported at a polysilicon factory in the city of Shihezi in China’s Xinjiang region. The plant produces raw materials for polysilicon used in the production of ...
/ / Manufacturing, Solar
Delhi Reels Under Rising Pollution Levels and Soaring Mercury

Delhi Reels Under Rising Pollution Levels and Soaring Mercury

On Wednesday, June 9, 2021, temperatures in Delhi peaked at 42.2° Celsius as the heatwave gripped the nation’s capital. With high temperatures before the onset of monsoon being quite a ...
/ / Other, Renewable Energy