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

Is Unconditional Letter of Credit the Answer to Solar, Wind Payment Issues_

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 introducing ...
/ / Mercom Research Focus, Other
SOLA Group Secures 400 Million Rand for 40 MW of Solar Projects in Southern Africa

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 industrial ...
/ / Finance and M&A, Solar
Only Manufacturers of Solar Pumps and Modules Allowed to Bid Under KUSUM Program

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 solarize agriculture. Now, the ...
/ / Off-grid, Solar
DISCOMs in the Top Renewable States are the Biggest Defaulters as Dues Reach ₹69 Billion

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 procured from renewable projects ...
/ / Grid, Market & Policy
Top 5 Chinese Inverter Companies Account for 36% of Total Exports

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 trade data ...
/ / Markets & Policy, Solar
MNRE Issues New Rooftop Solar Guidelines, Incentivizes DISCOMs to Install 18 GW

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) program. Overall, 22 GW of rooftop ...
/ / Rooftop, Solar
Andhra Pradesh Government Now Says it Will Only Target PPAs of Corrupt Wind Projects

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 government may take a ...
/ / Other, Wind
SECI’s 1.8 GW Wind Tender Left Undersubscribed with Bids for Only 551 MW

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 been undersubscribed by 1,249 MW ...
/ / Other, Wind
US Appeals Against WTO Ruling in Solar DCR Trade Case with India

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 case. The U.S. says that ...
/ / Markets & Policy, Solar
Central Electronics Calls for Domestic Manufacturers to Supply 100,000 Chip Solar Cells

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 capacity from domestic manufacturers ...
/ / Solar, Tenders & Auctions
Maharashtra DISCOM’s Request to Adopt Higher Solar Tariff for 1.2 GW of Projects Rejected

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 the approval of tariff for 1,170 MW of solar projects to be set ...
/ / Markets & Policy, Solar
Energy Vault Raises $110 Million from SoftBank Vision Fund for Gravity-Based Storage

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 SoftBank Vision ...
/ / C&I, Energy Storage
Gujarat Commission Allows DISCOMs to Procure Power from Small Solar Projects to Meet RPO

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) in the state to procure power from ...
/ / Commercial, Solar
JERC Issues Draft Generic Tariff Order for Solar, Wind and Small Hydro Projects in Goa

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 including solar, wind and small hydro ...
/ / Markets & Policy, Solar
DISCOMs Across States Owe Nearly ₹30 Billion to Renewable Generators_ CEA

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 projects aggregating 5,982 MW. Last week, Mercom reported that ...
/ / Other, Renewable Energy
Goa Issues Net Metering Regulations for Solar Projects

Goa Issues Net Metering Regulations for Solar Projects

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has finalized the net metering regulations. The new rules have been in effect since July 24, ...
/ / Rooftop, Solar
Assam Announces Tender to Install 8 MW of Rooftop Solar for Residential Consumers

Assam Announces Tender to Install 8 MW of Rooftop Solar for Residential Consumers

The Assam Energy Development Agency (AEDA) has issued a tender to set up 8 MW of rooftop solar photovoltaic (PV) projects with the net metering facility. The rooftop solar projects ...
/ / Rooftop, Solar
Andhra Floats RESCO Tender for 15 MW of Rooftop Solar on Government Buildings

Andhra Floats RESCO Tender for 15 MW of Rooftop Solar on Government Buildings

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has tendered 15 MW of grid-connected rooftop solar photovoltaic (PV) projects to be set up atop government buildings across ...
/ / Solar, Tenders & Auctions
India Likely to Hike Import Duty on Solar Equipment in the Coming Years

India Likely to Hike Import Duty on Solar Equipment in the Coming Years

The Minister for Power R. K. Singh has announced that the import duty that’s currently being levied on solar equipment will be raised in the coming years. According to a ...
/ / Markets & Policy, Solar
Andhra Pradesh Issues Empanelment Tender for CAPEX Rooftop Solar Projects

Andhra Pradesh Issues Empanelment Tender for CAPEX Rooftop Solar Projects

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has issued an empanelment tender for rooftop solar installers in the state. The tender covers rooftop solar projects with ...
/ / Rooftop, Solar
Demand for Solar and Non-Solar RECs Increased in July 2019

Demand for Solar and Non-Solar RECs Increased in July 2019

In July’s renewable energy certificate (REC) trading session, there was a rise in the number of solar and non-solar RECs that were traded. A total of 129,056 solar RECs were ...
/ / Markets & Policy, Solar
Central Electronics Calls for Empanelment Solar Pump Manufacturers Under KUSUM Program

Central Electronics Calls for Empanelment of Solar Pump Manufacturers Under KUSUM Program

The Central Electronics Limited (CEL), a public-sector enterprise of the central government, has invited an Expression of Interest (EoI) for empanelment of manufactures of solar water pumps in tenders under ...
/ / Off-grid, Solar
Was Setting Upper Tariff Cap a Deterrent for NTPC’s 1.2 GW Solar Tender_

Was Setting Upper Tariff Cap a Deterrent for NTPC’s 1.2 GW Solar Tender?

Tariff caps are often not acceptable to developers planning on executing solar projects in India. The National Thermal Power Corporation Limited (NTPC), has had to extend again the bid-submission deadline for 1.2 ...
Power Grid to Build Transmission Network in Gujarat & Rajasthan to Evacuate Renewables

Power Grid to Build Transmission Network in Gujarat & Rajasthan to Evacuate Renewables

The Power Grid Corporation of India Limited (PGCIL) has won two contracts to set up transmission infrastructure to evacuate power generated from renewable projects. PGCIL emerged as the successful bidder ...
/ / Grid, T&D
After June’s Dip, Spot Power Price Rises Slightly to ₹3.38_kWh in July 2019

After June’s Dip, Spot Power Price Rises Slightly to ₹3.38/kWh in July 2019

In July 2019, the spot power prices witnessed a surge, rising to ₹3.38 (~$0.048)/kWh. This was a 15% increase month-over-month (MoM) when compared to June 2019, in which spot power ...
/ / Grid, Market & Policy