Author Archives: Rakesh Ranjan

About Rakesh Ranjan

Rakesh is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU).

rakesh@mercomindia.com

@rakesh_ranjan09

Panasonic Claims Highest Conversion Efficiency of 16.09% for Perovskite Solar Panel

Panasonic Claims Highest Conversion Efficiency of 16.09% for Perovskite Solar Panel

Panasonic Corporation has announced that it has achieved the world’s highest energy conversion efficiency of 16.09% for a perovskite solar module by developing a lightweight technology using a glass substrate ...
/ / Solar, Technology
MNRE Opens Facilitation Center for Renewable Industry and its Investors

MNRE Opens Facilitation Center for Renewable Industry and its Investors

The Ministry of New and Renewable Energy (MNRE) has opened an Industry and Investors' Facilitation Centre, which would work as a focal point to provide all the information regarding programs ...
/ / Grid, Market & Policy
Sterling & Wilson Reports Lower Revenues and Profits in Nine Months of FY20

Sterling & Wilson Reports Lower Revenues and Profits in Nine Months of FY20

Sterling and Wilson, a Shapoorji Pallonji Group company, has released its consolidated and standalone financial results for the third quarter (Q3) and nine months ended on December 31, 2019. The ...
/ / Finance and M&A, Solar
MNRE Asks Solar Manufacturers to List Items for Basic Customs Duty Exemption

MNRE Asks Solar Manufacturers to List Items for Basic Customs Duty Exemption

Amid ongoing confusion in the solar industry over the imposition of basic customs duty, the Ministry of New and Renewable Energy (MNRE) has issued a notification asking solar PV manufacturers ...
/ / Markets & Policy, Solar
MERC Rejects Biomass Developer’s Plea for Compensation After EPA Termination

MERC Rejects Biomass Developer’s Plea for Compensation After EPA Termination

The Maharashtra Electricity Regulatory Commission (MERC) has rejected Spark Green Energy Limited’s plea for relief and compensation after the termination of the energy purchase agreement (EPA) by Brihanmumbai Electric Supply ...
/ / Biofuel, Other
Azure Power’s Revenue up 25%, Net Loss Rises Amid Higher Expenses and Curtailment in AP

Azure Power’s Revenue up 25%, Net Loss Rises Amid Higher Expenses and Curtailment in AP

Azure Global Power Limited reported revenue of ₹3.05 billion (~$42.6 million) for Q3 FY20, an increase of 25% year-over-year but the company still registered a net loss of ₹1.36 billion ...
/ / Finance and M&A, Solar
BHEL Set to Procure 12 Million Multicrystalline Solar Cells

BHEL Set to Procure 12 Million Multicrystalline Solar Cells

The Bharat Heavy Electricals Limited (BHEL) has invited bids to manufacture and supply 12 million units of 156.75 mm multicrystalline solar cells with five busbars and 4.62Wp. The cells should ...
/ / Solar, Tenders & Auctions
West Bengal Approves PPA for a 16 MW of Waste Gas-Based Captive Project

West Bengal Approves PPA for a 16 MW of Waste Gas-Based Captive Project

The West Bengal Electricity Regulatory Commission (WBERC) has approved a power purchase agreement (PPA) for the purchase of surplus power from a waste gas-based generating project. The PPA was signed ...
/ / Other, Waste to Energy
Solar Imports Declined, Exports Surged in 2019

Solar Imports Declined, Exports Surged in 2019

In the calendar year (CY) 2019, India imported solar cells and modules worth $2.17 billion, a drop of almost 16% compared to CY 2018. In CY2018, the Indian solar sector ...
/ / Mercom Research Focus, Other
ib vogt, Jakson, Vijay Printing Press & SolarArise Winners in the UP 184 MW Solar Auction

ib vogt, Jakson, Vijay Printing Press & SolarArise Winners in the UP 184 MW Solar Auction

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has announced the auction results for its 500 MW solar tender. In September 2019, the UPNEDA had issued a request for ...
/ / Solar, Tenders & Auctions
Toyota and Panasonic Join Hands to Develop Automotive Prismatic Batteries for EVs

Toyota and Panasonic Join Hands to Develop Automotive Prismatic Batteries for EVs

Toyota Motor and Panasonic Corporation have joined hands to establish a joint venture specializing in automotive prismatic batteries for electric vehicles (EVs). The joint venture will be called Prime Planet ...
/ / Electric Vehicles, Grid
Chandigarh Floats Tender for 40 Electric Buses with Charging Stations

Chandigarh Floats Tender for 40 Electric Buses with Charging Stations

The Chandigarh City Bus Service Society (CCBSS) has floated a tender to procure 40 midi AC electric buses, including charging stations on a kilometer basis for ten years. The society ...
Government-Owned Solar Cell and Module Manufacturer CEL Up for Sale

Government-Owned Solar Cell and Module Manufacturer CEL Up for Sale

The government of India has invited an expression of interest (EoI) for the proposed disinvestment of 100% shareholding in Central Electronics Limited (CEL). The last date for the submission of ...
/ / Finance and M&A, Solar
Large Manufacturers with Multiple Products Could Pay Hefty Application Fee for ALMM

Large Solar Module Manufacturers with Multiple Products Could Pay a Hefty Fee for ALMM

The Ministry of New and Renewable Energy (MNRE) has issued a clarification regarding the compulsory requirements of registration for solar manufacturers under the Approved List of Models and Manufacturers (ALMM) ...
/ / Markets & Policy, Solar
Solar Power Generation Up by 12% in the Fourth Quarter of 2019

Solar Power Generation Up by 12% in the Fourth Quarter of 2019

The solar power generation increased by 12% quarter-over-quarter (QoQ) in the last quarter of the calendar year (CY) 2019, totaling 11,750 MUs, according to the data released by the Central ...
/ / Markets & Policy, Solar
Total to Acquire 50% Stake in Adani Green’s Solar Portfolio for $510 Million

Total to Acquire 50% Stake in Adani Green’s Solar Portfolio for $510 Million

Total, a French oil and gas major, has entered into an agreement with Adani Green Energy Limited  (AGEL) to acquire a 50% stake in a joint venture company for $510 ...
/ / Finance and M&A, Solar
Adani Green Registers 11% YoY Revenue Growth in Q3 of FY 2020

Adani Green Registers 11% YoY Revenue Growth in Q3 of FY 2020

Adani Green Energy Limited (AGEL), a part of the Adani Group, has announced its financial results for the nine months (9M) and quarter ending December 31, 2019. The total revenue ...
/ / Markets & Policy, Solar
There is Not a Lot for the EV Sector in the Budget

There is Not a Lot for the EV Sector in Budget 2020

Budget 2020 has failed to meet the expectations of the electric vehicle (EV) segment of the country. The segment’s stakeholders were expecting more measures from the government to promote electric ...
/ / Electric Vehicles, Grid
Key Policy Announcements for Solar and Other Renewables from January 2020

Key Policy Announcements for Solar and Other Renewables from January 2020

The month of January witnessed some key policy announcements that were aimed at facilitating the growth of the renewable sector in the country and removing the bottlenecks for fostering a ...
/ / Markets & Policy, Solar
Robotic Cleaning of Solar Modules Gaining Traction in India Amid Water Scarcity

Robotic Cleaning of Solar Modules Gaining Traction in India Amid Water Scarcity

Water is a scarce commodity in a country of nearly 1.4 billion people, and the use of water in energy generation is a big concern. The rise of solar and ...
BHEL Issues O&M Tender for a 1.7 MW Solar Power Project in Madhya Pradesh

BHEL Issues O&M Tender for a 1.7 MW Solar Power Project in Madhya Pradesh

The Bharat Heavy Electricals Limited (BHEL) has floated a tender for the operation and maintenance (O&M) of a 1.7 MW solar project for one year at Bina in Madhya Pradesh ...
/ / Solar, Tenders & Auctions
SECI Issues Tender for 14 MW of Solar with 42 MWh Battery Storage in Leh and Kargil

SECI Issues Tender for 14 MW of Solar with 42 MWh Battery Storage in Leh and Kargil

The Solar Energy Corporation of India (SECI) has issued a tender for setting up 14 MW of solar power projects with 42 MWh battery storage system (7MW/21 MWh each) at ...
/ / Solar, Tenders & Auctions
Nine Open Access Wind Generators Given Deadline Extension to Install Energy Meters

Nine Open Access Wind Generators Given Deadline Extension to Install Energy Meters

The Maharashtra Electricity Regulatory Commission (MERC) has granted an additional period of three months to nine wind developers to complete the installation of special energy meters (SEMs) at the individual ...
/ / Wind
CERC Allows Solar Developers’ Claim for GST Compensation on EPC Cost

CERC Allows Solar Developers’ Claim for GST Compensation on EPC Cost

In its recent order, the Central Electricity Regulatory Commission (CERC) has reiterated its opinions on the restitution principle in power purchase agreements in the face of a Change in Law ...
/ / Markets & Policy, Solar
Gujarat_ Bidding Deadline for 600 MW of Residential Rooftop Solar Projects Extended

Gujarat: Bidding Deadline for 600 MW of Residential Rooftop Solar Projects Extended

The Energy and Petrochemical Department, under the Gujarat government, has extended the deadline for receiving applications from empaneled agencies for setting up 600 MW of grid-connected residential rooftop solar projects ...
/ / Markets & Policy, Solar