Author Archives: Raj Prabhu

About Raj Prabhu

Raj Prabhu Raj is a recognized thought leader in clean energy markets where his work has influenced policies worldwide. He has a deep understanding of regulatory policy and clean energy markets and his market and opinion pieces are regularly published on both MercomIndia.com and other leading publications globally. Raj is also a regular speaker and presenter on clean energy policy and finance topics at conferences worldwide. Raj attended the KLE College of Science in Bangalore, India for physics and chemistry, and holds a Bachelor of Science Degree in Hotel and Institutional Management from Johnson and Wales University, Rhode Island. More articles from Raj Prabhu.

rajprabhu@mercomcapital.com

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India’s 100 MW Solar Target is at the Mercy of States and Conflicting Government Policies

India’s 100 GW Solar Target is at the Mercy of States and Conflicting Government Policies

India’s push to promote clean energy development marks an important chapter in its growth story that could create a more sustainable future, but only if its various government agencies can ...
/ / Markets & Policy, Solar
Indian Modules Exempt from U.S. Anti-Dumping Duty on Solar Imports

Indian Modules Exempt from US Anti-Dumping Duty on Solar Imports

The United States has exempted India from the levy of a 30 percent anti-dumping duty on its solar imports. India is one among the hundred countries including Brazil, South Africa, ...
/ / Markets & Policy, Solar
President Trump Imposes 30 Percent Tariff on Solar Cells and Modules, Now It’s India’s Turn

President Trump Imposes 30 Percent Tariff on Solar Cells and Modules, Now It’s India’s Turn

President Trump today revealed the much-anticipated anti-dumping tariffs on imported solar cells and modules at 30 percent for the first year, which will gradually decline in five percent increments over a ...
/ / Markets & Policy, Solar
Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction

Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction

In the 250 MW Bhadla Solar Park auction, Azure Power won the bid to develop 200 MWs by quoting the lowest tariff of ₹2.48 (~$0.0388)/kWh. ReNew Power won the remaining 50 ...
/ / Solar, Tenders & Auctions
ISMA Files Petition Seeking Imposition of Safeguard Duty on Imported Solar Cells

ISMA Files Petition Seeking Imposition of Safeguard Duty on Imported Solar Cells

The Indian Solar Manufacturers Association (ISMA) has filed a petition with the Directorate General of Safeguards that seeks to impose a Safeguard Duty on imported solar cells from China, Malaysia, ...
/ / Markets & Policy, Solar
MNRE Financial Assistance to DISCOMs to Boost Rooftop Solar in India

MNRE Announces $3.7B in Financial Assistance to DISCOMs to Boost Rooftop Solar in India

The Ministry of New and Renewable Energy (MNRE) has released a new proposal to overhaul the existing rooftop solar implementation mechanism by making it the responsibility of distribution companies (DISCOMs) ...
/ / Rooftop, Solar
India Goes All In to Support Domestic Solar Manufacturing with a Bevy of Subsidy Proposals

India Goes All In to Support Domestic Solar Manufacturing with a Bevy of Subsidy Proposals

The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal to build out India’s manufacturing supply chain, including polysilicon, wafers/ingots, cells and modules. MNRE ...
/ / Manufacturing, Solar
Malaysia Solar Auction 563 MW

Malaysia Allocates 563 MW for Solar in Second Large Auction

Suruhanjaya Tenaga, Malaysia's Energy Commission, awarded a total of 563 MW of solar in its second large scale solar tender, against the original planned capacity of 460 MW. These projects ...
/ / Solar, Tenders & Auctions
india new power generation capacity

Solar and Wind Account for Over 60% of New Power Capacity Additions in India as of 9M 2017

Solar and Wind accounted for majority of new power capacity additions with renewable energy installations accounting for almost 19 percent of the country’s total installed power as of September 30, ...
/ / Uncategorized
USITC Recommendations

U.S. ITC Recommends Lower than Expected Tariff in Suniva Antidumping Case, Setting a Precedent for India

The U.S. International Trade Commission (ITC) has announced antidumping tariff recommendations in the 30-35 percent range, much lower than what Suniva and SolarWorld were looking for. The full set of ...
/ / Manufacturing, Solar
SBI World Band Rooftop Solar India

SBI and World Bank Extend $357 Million Credit to 7 Indian Companies for Solar Rooftops

The State Bank of India (SBI) and the World Bank have announced ₹23.2 billion ($357 million) in credit facilities for seven Indian solar companies that will be used to develop ...
/ / Finance and M&A, Rooftop
Wind Becomes Competitive with Solar

Wind Becomes Competitive with Solar as Tariff Drops to a Record Low ₹2.64/kWh

In India, wind power tariff has dropped below ₹3/kWh for the first time with the lowest winning bid of ₹2.64 (~$0.0413)/kWh quoted in the second 1 GW wind auction conducted ...
/ / Other, Wind
Renewable Energy Expo 2017

5 Reasons Why You Should Attend the Renewable Energy Expo 2017

5 Reasons Why You Should Attend the Renewable Energy Expo 2017 As India’s largest cleantech conference opens, there are a lot of unanswered questions that everyone wants answers to. Here ...
/ / Markets & Policy, Solar
Solar Imports and Exports

Solar Imports Fell by 9 Percent Quarter-over-Quarter in Q2 2017, Ahead of Anti-Dumping Recommendations

In the second quarter (Apr-Jun) of 2017, export and import activity totaling $1.24 billion (~₹ 79.9 billion) was registered in the Indian solar sector. This was $124.08 million (~₹11.1 billion) ...
/ / Markets & Policy, Solar
Rising Chinese Solar Module Price Pose Significant Challenge for India

Rising Chinese Module Prices Pose Significant Short-Term Challenge for India’s Solar Industry

After falling by approximately 5 percent in the second quarter of 2017, for the first time in years, the average selling price (ASP) for Chinese modules is increasing quarter-over-quarter in ...
/ / Markets & Policy, Solar
Solar Tempered Glass AntiDumping India

India Imposes Anti-Dumping Duty on Tempered Solar Glass Imported from China

The Indian Ministry of Finance has imposed an anti-dumping duty on tempered glass (solar glass) imported from China in the range of $64.04 per metric ton (MT) to $136.21/MT. The ...
/ / Markets & Policy, Solar
Solar Anti-Dumping Hearing

Lessons for India from the Suniva Solar Anti-Dumping Case Hearing

On Tuesday, the much-anticipated public hearing by the U.S. International Trade Commission (ITC) on the Suniva and SolarWorld Section 201 trade case was held in Washington, D.C., with both sides ...
/ / Markets & Policy, Solar
Indian Domestic Manufacturers

7.5 GW CPSU Program Could Be a Game Changer for Indian Domestic Solar Manufacturers

Mercom recently broke the news that the Ministry of New and Renewable Energy (MNRE) has proposed developing 7.5 GW of solar by 2022 using domestically manufactured solar cells and modules ...
/ / Markets & Policy, Solar
EVs Electric Vehicles India

India Plans to Deploy Seven Million Electric Vehicles by 2020

India is targeting the deployment of five to seven million electric vehicles in the country by 2020 under the National Electric Mobility Mission Plan (NEMMP) 2020. The NEMMP’s goal is ...
/ / Other, Other Energy
Edify Energy Solar Project

First Solar to Supply 241 MW of Modules to Edify Energy’s Solar Projects in Australia

First Solar has won contract to supply solar modules totaling 241 MW for solar projects being developed by Edify Energy in Australia. According to a company release, RCR Tomlinson, the ...
/ / Modules, Solar
Equis Energy 1 GW Solar Project

Equis Energy to Develop a 1 GW Solar Project in Queensland, Australia

Equis Energy, a renewable energy IPP, will develop a 1 GW solar project in Queensland, Australia. The 1 GW project is called Wandoan South Solar Project and Western Downs Regional ...
/ / Solar, Utility Scale
China Installs 24.4 GW of Solar in H1 2017

China Installs 24.4 GW of Solar in 1H 2017

China further consolidated its topmost ranking as the largest installer of solar projects in the world by installing 24.4 GW of solar projects in the first half of 2017. With ...
/ / Solar, Utility Scale
Installed Solar Capacity in Singapore Reaches 129.8 MW in First Quarter of 2017

Installed Solar Capacity in Singapore Reaches 129.8 MW in First Quarter of 2017

The adoption of solar PV systems in Singapore has accelerated over the last three years with cumulative solar installations reaching 129.8 MW in the first quarter of 2017, according to ...
/ / Solar, Utility Scale
India MNRE Solar DCR

MNRE Proposes Allocating 7.5 GW of Solar Under CPSU Phase-II Program to Support Domestic Solar Manufacturing

The Ministry of New & Renewable Energy (MNRE) has proposed 7.5 GW of solar to be developed using domestically manufactured solar cells and modules during the second phase of its ...
/ / Solar, Utility Scale
DGAD Recommends Imposition of Anti-Dumping Duty on Imports of Wind Turbine Castings from China

DGAD Recommends Imposition of Anti-Dumping Duty on Imports of Wind Turbine Castings from China

The office of the Directorate General of Anti-Dumping & Allied Duties (DGAD) has recommended the imposition of an anti-dumping duty on castings for wind-operated electricity generators originating in or exported ...
/ / Other, Wind