Author Archives: raj prabhu

About 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. Raj can be reached at:

rajprabhu@mercomcapital.com

@

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
India Solar Anti-dumping Case Initiation

India’s Anti-Dumping Investigation into Solar Imports from China, Taiwan and Malaysia Underway

The office of the Directorate General of Anti-dumping & Allied Duties (DGAD) India, has started the investigation into the anti-dumping petition - filed by the Indian Solar Manufacturers Association (ISMA) ...
/ Markets & Policy, Solar
Wind Reverse Auction India

With the Advent of Reverse Auctions Wind is a Player Again

India’s wind sector has been around for much longer than the solar sector with steady installations of about 1.5 – 2.5 GW per year. Cumulative wind installations have reached 32 ...
/ Other, Wind
Greening the Grid

India Can Integrate 175 GW of Renewable Energy into the Electricity Grid, Study Reveals

India can integrate the entire targeted 175 GW of renewable energy into the national electricity grid based on projected power system plans and regulations according to a study conducted under ...
/ Grid, T&D
Political Considerations at Play as 'DISCOM's Subsidy Dependence up by 7-8 Percent

Political Considerations at Play as ‘DISCOM’s Subsidy Dependence up by 7-8 Percent

The overall subsidy dependence of power distribution companies (DISCOMs) is estimated to increase by 7-8 percent to Rs.810 billion (~$12.53 billion) in the current financial year. The overall subsidy requirement ...
/ Grid, Utilities
TANGEDCO Solar Tariff

Breaking News: New Tariff Low in TANGEDCO; Rs.3.47 (~$0.05364) per Unit Quoted in 1,500 MW Solar Tender

In the 1,500 MW Tamil Nadu Generation and Distribution Corporation (TANGEDCO) tender, Raasi Green Earth Energy won the bid to develop 100 MW of solar by quoting Rs.3.47 (~$0.05364)/unit. This ...
/ Solar, Utility Scale
US Power Grid

United States to Provide $7.5 Million for Enhancement of India’s Power Grid

The United States will provide India with $7.5 million to improve the national grid. The fund is provided by Department of Energy (DOE), United States Government, and will go towards ...
/ Grid, T&D
Abu Dhabi

Sterling and Wilson to Develop World’s Largest 1,177 MW Solar Project in Abu Dhabi

Sterling & Wilson has won an engineering procurement and construction (EPC) bid to develop a 1,177 MW solar project in Sweihan in the Emirates of Abu Dhabi. Once complete, the ...
/ Solar, Utility Scale
Indian Solar Imports Grow 36 Percent Year-over-Year, Exports Decline 60 Percent in FY 2016-17

Indian Solar Imports Grow 36 Percent Year-over-Year, Exports Decline 60 Percent in FY 2016-17

In the financial year (FY) 2016-17, import and export activity totaling $3.27 billion (~Rs.218.8 billion) was registered in the Indian solar sector according to Department of Commerce data. This was ...
/ Markets & Policy, Solar