Author Archives: Saumy Prateek

About Saumy Prateek

Saumy Prateek Saumy 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.

saumy@mercomindia.com

@pratsays

Interview: Safeguard Duty Does Not Seem to Safeguard Interests of Project Developers

Interview: Safeguard Duty Does Not Seem to Safeguard Interests of Solar Project Developers

India’s solar sector is currently dealing with a plethora of issues from all sides, while trying to keep pace to meet the 2022 goal of 100 GW it has set ...
/ / Markets & Policy, Solar
CERC Amends Regulations for Open Access in Interstate Transmission

CERC Amends Regulations for Open Access in Interstate Transmission

The Central Electricity Regulatory Commission (CERC) has amended the regulations for Open Access in Interstate Transmission, which were first passed in 2008. The new regulations will be called the CERC ...
/ / Grid, Market & Policy
India Working Towards a National Energy Storage Mission

India Working Towards a National Energy Storage Mission

To keep pace with the changing dynamics of the energy markets, India is now working toward a National Energy Storage Mission (NESM). In February 2018, a committee with representatives from ...
MNRE Targets 118 MW Under Phase-III of Decentralized Solar Program

MNRE Targets 118 MW Under Phase-III of Decentralized Solar Program

The Ministry of New and Renewable Energy (MNRE) is targeting the installation of 118 MW of solar power capacity by March 31, 2020 through off grid solar photovoltaic (PV) applications ...
/ / Markets & Policy, Solar
Government Approves Scale Up of Access to Clean Energy Program

Government Approves Scale Up of Access to Clean Energy Program

The Government has approved the launch of "Scale Up of Access to Clean Energy" program for the period financial year (FY) 2018-19 and FY 2019-20. The program is one of ...
/ / Other, Renewable Energy
NITI Aayog and CII Partner for India’s Sustainable Development

NITI Aayog and CII Partner for India’s Sustainable Development

NITI Aayog and the Confederation of Indian Industries (CII) have entered a partnership for the sustainable development of India. The launch of the NITI Aayog and CII partnership on sustainable ...
/ / Other, Renewable Energy
The lab will be located in Gujarat’s capital Ahmedabad

Mitsui Chemicals to start BIS Certification for Solar Panels in India with PI Berlin

Mitsui Chemicals, a Japanese company,  is planning to establish a solar panel testing and certification lab in Gujarat in partnership with PI Berlin. The lab will be set up through ...
/ / Markets & Policy, Solar
NTPC Asks Bidders to Revise and Resubmit Bids for 2 GW Solar Tender Due to Safeguard Duty

NTPC Asks Bidders to Revise and Resubmit Bids for 2 GW Solar Tender Due to Safeguard Duty

The sudden imposition of the safeguard duty on solar cell and module imports from China and Malaysia has caught the domestic project developers off-guard. However, in a positive development for ...
/ / Markets & Policy, Solar
France Awards 720 MW of Solar Projects At Record Low Tariff

France Awards 720 MW of Solar Projects At Record Low Tariff

In the fourth phase of its plans to install 3,000 MW of solar photovoltaic (PV) capacity, France has awarded 103 solar projects aggregating 720 MW. The successful developers bid at ...
Cypress Creek Renewables Secures $200 Million Equity Investment

Cypress Creek Renewables Secures $200 Million Equity Investment

Cypress Creek Renewables, a developer and owner of solar generating assets has secured $200 million in equity investment. A group led by Temasek, a global investment company headquartered in Singapore, ...
/ / Finance and M&A, Solar
CEA Charts Transmission Infrastructure Plan for 4,950 MW of Wind Projects

CEA Charts Transmission Infrastructure Plan for 4,950 MW of Wind Projects

The Central Electricity Authority (CEA) has formulated a plan for developing transmission system to accommodate wind energy aggregating 4,950 MW. The transmission system will be augmented in Gujarat and Tamil ...
/ / Other, Wind
Hanwha Q CELLS Announces Plans to Go Private

Hanwha Q CELLS Announces Plans to Go Private

Hanwha Q CELLS, a global photovoltaic (PV) manufacturer of solar modules, has received a preliminary non-binding proposal letter from Hanwha Solar Holdings (HSH), a subsidiary of Hanwha Chemical Corporation incorporated ...
/ / Finance and M&A, Solar
BlackRock Real Assets Acquires 59 MW of Solar Assets from J&V Energy

BlackRock Real Assets Acquires 59 MW of Solar Assets from J&V Energy

Through its latest acquisition, BlackRock Real Assets has entered the Taiwan solar market. BlackRock acquired the entire equity interest in a 59-MW solar portfolio comprising 28 projects in Taiwan from ...
/ / Finance and M&A, Solar
Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China

Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China

ReneSola Ltd, a fully integrated solar project developer and operator, has signed an exclusivity agreement with an affiliate of Brookfield Asset Management. Under the agreement, ReneSola has agreed to negotiate ...
/ / Markets & Policy, Solar
Saudi Arabia’s Zahid Group Acquires 50 Percent Stake in Greencells Group

Saudi Arabia’s Zahid Group Acquires 50 Percent Stake in Greencells Group

Zahid Group, a Saudi Arabian conglomerate, through its wholly-owned subsidiary OMAS, an operation and maintenance service provider, has acquired a 50 percent stake in Greencells Group, a utility-scale solar project ...
/ / Markets & Policy, Solar
KREDL Tenders 200 MW of Solar PV Across 10 Talukas

KREDL Tenders 200 MW of Solar PV Across 10 Talukas

The Karnataka Renewable Energy Development Limited (KREDL) has tendered 200 MW of grid-connected solar photovoltaic (PV) projects to be developed across 10 talukas of the state. The bid-submission deadline is ...
SECI Cancels 2 GW ISTS-Connected Wind Tender, Retenders 1.2 GW

SECI Cancels 2 GW ISTS-Connected Wind Tender, Retenders 1.2 GW

The Solar Energy Corporation of India (SECI) has cancelled the undersubscribed 2 GW Tranche-V interstate transmission system (ISTS)-connected wind tender. SECI had tendered the capacity in May 2018. Technical bids totaling ...
SECI, Solar, PV, Grid-Connected, Standalone

SECI Tenders 750 MW of Solar Projects in Rajasthan

The Solar Energy Corporation of India (SECI) has tendered 750 MW of grid-connected solar photovoltaic (PV) projects to be developed on standalone basis across Rajasthan. The bid-submission deadline is September ...
Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs

Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs

The spot power price has continued its slump into yet another month. In July 2018, the recorded spot power price was ₹3.46 (~$0.0505)/kWh but was still higher than recent tariffs ...
/ / Demand Response, Grid
Interview: Safeguard Duty Cost Impact on Rooftop Solar Could be as much as 20%

Interview: Safeguard Duty Cost Impact on Rooftop Solar Could be as much as 20%

India’s rooftop solar sector has installed approximately 2 GW so far. Without a conducive environment and a variety of supportive policy initiatives for it to truly take off, it will ...
/ / Rooftop, Solar
FAME India II Likely to Have ₹40 Billion as Subsidy for EVs and Charging Infrastructure

FAME India II Likely to Have ₹40 Billion Subsidy Outlay for EVs & Charging Infrastructure

The Ministry of Finance is expected to approve a corpus of ₹40 billion (~$0.58 billion) as subsidy to be disbursed under the second phase of Faster Adoption and Manufacturing of ...
Zambia Plans to Develop 100 MW of Solar Projects

Zambia Plans to Develop 100 MW of Solar Projects

Keeping in view the constraints faced by Zambia in the energy sector, and to ensure sustainable and climate-friendly energy sector development, the government of the Republic of Zambia recently launched ...
/ / Markets & Policy, Solar
Madhya Pradesh Announces First of its Kind Tender for 33 MW of Rooftop Solar Projects

Madhya Pradesh Announces First of its Kind Tender for 33 MW of Rooftop Solar Projects

The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has tendered 33 MW of grid-connected rooftop solar PV projects to be set up under the RESCO model in the state. MPUVNL ...
Hero Future, Vikram Solar and ACME go to Court Against DGTR Opposing Safeguard Duty

Hero Future, Vikram Solar and ACME go to Court Against DGTR Opposing Safeguard Duty

New petitions have been filed in the Orissa High Court against the imposition of safeguard duty by the Ministry of Finance recently. The government imposed the safeguard duty even though ...
/ / Markets & Policy, Solar
Power Grid to Plan Evacuation Infrastructure for 50 GW Solar and 16.5 GW Wind by 2021

Power Grid to Plan Evacuation Infrastructure for 50 GW Solar and 16.5 GW Wind by 2021

For better implementation of renewable energy projects, especially wind and solar, the Solar Energy Corporation of India (SECI) has written to the Power Grid Corporation of India Limited (PGCIL), the ...
/ / Grid, Grid Optimization