Author: Saumy

About Saumy

Saumy Prateek Staff reporter at Mercom India More articles from Saumy Prateek
Saumy Prateek, is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism & Mass Communication from the Manipal Institute of Communication at Manipal University.More articles from Saumy Prateek.
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Is Unconditional Letter of Credit the Answer to Solar, Wind Payment Issues?

Cases of payment delays to renewable generators have become common and on the rise. However, the Ministry of Power has given these developers a shot in the arm by...

September 11, 2019

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Saumy Prateek

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Mercom Research Focus

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Other
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SOLA Group Secures 400 Million Rand for 40 MW of Solar Projects in Southern Africa

The SOLA Group has committed to set up 40 MW of solar projects in Southern Africa. It has secured 400 million Rand (R) ($26.28 million) to build commercial and...

August 26, 2019

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Saumy Prateek

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Finance and M&A

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Solar
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Only Manufacturers of Solar Pumps and Modules Allowed to Bid Under KUSUM Program

The Ministry of New and Renewable Energy (MNRE) has issued an amendment to the guidelines for implementing the KUSUM program for India’s farmers, which would help...

August 23, 2019

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Saumy Prateek

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Off-grid

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Solar
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DISCOMs in the Top Renewable States are the Biggest Defaulters as Dues Reach ₹69 Billion

Distribution companies (DISCOMs) in the top renewable energy generating states of the country are the biggest defaulters when it comes to paying dues for the power...

August 22, 2019

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Saumy Prateek

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Grid

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Market & Policy
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Top 5 Chinese Solar Inverter Companies Account for 36% of Total Exports

In the first half (1H) of 2019, the top five solar inverter manufacturers in China accounted for 36.44% of inverter exports globally from China according to the latest...

August 22, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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MNRE Issues New Rooftop Solar Guidelines, Incentivizes DISCOMs to Install 18 GW

The Ministry of New and Renewable Energy (MNRE) has issued operational guidelines to implement the second phase of its grid-connected rooftop solar photovoltaic (PV)...

August 21, 2019

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Saumy Prateek

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Rooftop

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Solar
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Andhra Pradesh Government Now Says it Will Only Target PPAs of Corrupt Wind Projects

In a welcome development, the ongoing feud between the renewable industry and the new administration in the state of Andhra Pradesh could be deescalating. The state...

August 21, 2019

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Saumy Prateek

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Other

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Wind
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SECI’s 1.8 GW Wind Tender Left Undersubscribed with Bids for Only 551 MW

The Solar Energy Corporation of India (SECI)’s tender to set up 1,800 MW of inter-state transmission system (ISTS)-connected wind power projects under tranche VIII has...

August 20, 2019

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Saumy Prateek

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Other

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Wind
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US Appeals Against WTO Ruling in Solar DCR Trade Case with India

The United States’ delegation to the World Trade Organization (WTO) has appealed to the Appellate Body against the verdict in the recently concluded India-U.S. solar...

August 19, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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Central Electronics Calls for Domestic Manufacturers to Supply 100,000 Chip Solar Cells

The Central Electronics Limited (CEL), a public sector enterprise of the government of India, has issued a tender to procure 100,000 chip solar cells of 2.97-Watt...

August 19, 2019

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Saumy Prateek

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Solar

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Tenders & Auctions
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Maharashtra DISCOM’s Request to Adopt Higher Solar Tariff for 1.2 GW of Projects Rejected

The Maharashtra Electricity Regulatory Commission (MERC) has dismissed a petition filed by Maharashtra State Electricity Distribution Company Limited (MSEDCL) seeking...

August 19, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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Energy Vault Raises $110 Million from SoftBank Vision Fund for Gravity-Based Storage

Energy Vault, an Idea lab company that has developed a transformative technology to store energy has raised $110 million in Series B funding. The investment was made by...

August 19, 2019

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Saumy Prateek

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C&I

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Energy Storage
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Gujarat Commission Allows DISCOMs to Procure Power from Small Solar Projects to Meet RPO

The Gujarat Electricity Regulatory Commission (GERC) has passed an order allowing Gujarat Urja Vikas Nigam Limited (GUVNL) and the other distribution companies (DISCOMs)...

August 19, 2019

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Saumy Prateek

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C&I

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Solar
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JERC Issues Draft Generic Tariff Order for Solar, Wind and Small Hydro Projects in Goa

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft regulations for determining tariffs from renewable sources...

August 16, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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DISCOMs Across States Owe Nearly ₹30 Billion to Renewable Generators: CEA

The Central Electricity Authority (CEA) has found that distribution companies across the country owe dues totaling ₹30.12 billion (~$420 million) to renewable energy...

August 16, 2019

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Saumy Prateek

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Other

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Renewable Energy

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