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

IFC Extends Financing Package for 60 MW of Solar Projects in Senegal

IFC Extends Financing Package for 60 MW of Solar Projects in Senegal

The International Finance Corporation (IFC), the financial arm of the World Bank, has finalized the financing of two grid-connected solar photovoltaic (PV) projects aggregating 60 MW in Senegal. The finalization ...
/ / Finance and M&A, Solar
Solar Federation Writes to RK Singh for Creation of a Fund to Provide Liquidity to DISCOMs

Solar Federation Writes to RK Singh for Creation of a Fund to Provide Liquidity to DISCOMs

The National Solar Energy Federation of India (NSEFI) has written to the Minister for Power, New and Renewable Energy, R. K. Singh, seeking the creation of a fund for providing liquidity to ...
Industry-Wide Consultation Necessary Before Launching a Plan for Transition to EVs: CII

Gujarat Seeks EV Manufacturers for Marketing and Distribution Authorization

The Gujarat Energy Development Agency (GEDA) has invited expression of interest (EoI) from reputed manufacturers for their authorization to market and distribute battery operated two and three-wheelers. The EoIs have ...
Nearly ₹29 Billion Allotted for Off-Grid Renewable Generation in Last 3 Years

Nearly ₹29 Billion Allotted for Off-Grid Renewable Generation in Last 3 Years

A corpus of ₹29.37 billion (~$0.43 billion) has been provided for off-grid renewable energy generation sources in the past three consecutive budgets, beginning with the financial year (FY) 2016-17 and ...
SECI & NTPC Say No to Andhra DISCOM’s Request to Renegotiate Solar Tariff

SECI & NTPC Say No to Andhra DISCOM’s Request to Renegotiate Solar Tariff

The future of solar photovoltaic (PV) project development in Andhra Pradesh appears gloomy amid an apparent disconnect between the developers and the state. After the state distribution company (DISCOM) issued ...
NTPC Invites Vendors to Enlist for Developing EV Charging Stations

NTPC Invites Vendors to Enlist for Developing EV Charging Stations

The National Thermal Power Corporation (NTPC) has invited vendors to enlist for the infrastructure development of electric vehicle (EV) charging stations. The bid-submission deadline is August 2, 2019. The scope ...
Gujarat Approves PPAs for 500 MW of Solar Projects

Gujarat Approves PPAs for 500 MW of Solar Projects

The Gujarat Electricity Regulatory Commission (GERC) has approved the power purchase agreements (PPAs) for 500 MW of grid-connected solar photovoltaic (PV) projects which were tendered and auctioned by the Gujarat ...
/ / Commercial, Solar
NHDC Invites EPC Contractors for 25 MW of Floating Solar Projects in Madhya Pradesh

NHDC Invites EPC Contractors for 25 MW of Floating Solar Projects in Madhya Pradesh

NHDC, a joint venture between NHPC and Madhya Pradesh State Government, is on the lookout for an engineering procurement construction (EPC) contractor to set up 25 MW of floating solar ...
/ / Floating Solar, Solar
Tamil Nadu’s Kamarajar Port Invites Expression of Interest for a 5 MW Solar Project

Tamil Nadu’s Kamarajar Port Invites Expression of Interest for a 5 MW Solar Project

The Kamarajar Port Limited (KPL) has issued an Expression of Interest (EoI) to set up a 5 MW solar photovoltaic (PV) project at the port premises. The Kamarajar Port is ...
AfDB Approves Multinational Financing Program for 45 MW of Distributed Solar Projects

AfDB Approves Multinational Financing Program for 45 MW of Distributed Solar Projects

The Board of Directors of the African Development Bank (AfDB) has approved a multinational financing program for distributed energy service companies (DESCOs). The program will contribute to the installation of an ...
/ / Off-grid, Solar
India Plans to Utilize Compressed Biogas as Alternative Green Transport Fuel

India Plans to Utilize Compressed Biogas as Alternative Green Transport Fuel

India is poised to utilize its huge biomass potential in the coming years. Biomass and organic waste sources like paddy straw, farm stubble, agricultural residue, cattle dung, sugarcane press mud, ...
/ / Biofuel, Other
Greenko Gets Stay Order on Andhra Pradesh’s Move to Revise Solar Tariff

Greenko Gets Stay Order on Andhra Pradesh’s Move to Revise Solar Tariff

The Appellate Tribunal for Electricity (APTEL) has put a stay order on the implementation of Andhra Pradesh Southern Power Distribution Company (APSPDCL)’s letter seeking a revision in the power purchase ...
U.S. Could Face Retaliation Unless It Removes Tariffs on Certain Chinese Solar Imports

U.S. Could Face Retaliation Unless It Removes Tariffs on Certain Chinese Solar Imports

Nearly a month after losing a case to India at the World Trade Organization (WTO) after it ruled against the country in a solar domestic content requirement trade case, the ...
Two Small Rooftop Solar Tenders Announced in Chandigarh

Two Small Rooftop Solar Tenders Announced in Chandigarh

The Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST) has tendered a total of 560 kW of grid-connected rooftop solar photovoltaic (PV) projects through two separate tenders. The ...
Solar Developer Approaches APTEL Against Andhra Govt’s Move to Reduce PPA Tariff

Solar Developer Approaches APTEL Against Andhra Govt’s Move to Reduce PPA Tariff

The ongoing turbulence in the state of Andhra Pradesh regarding the renegotiations of solar and wind PPAs does not appear to be ending anytime soon. In the latest development, a ...
After SECI, Andhra Govt Writes to NTPC for Revision of Tariff for 1.25 GW of Solar Projects

After SECI, Andhra Govt Writes to NTPC for Revision of Tariff for 1.25 GW of Solar Projects

After writing to the Solar Energy Corporation of India (SECI) seeking a revision in the power sale agreements (PSAs) for 400 MW of grid-connected solar photovoltaic (PV) projects, the Andhra ...
Lender Can Substitute Promoter in Case of Solar Generator Default_ Amended Guidelines

Lender Can Substitute Promoter in Case of Solar Generator Default: Amended Guidelines

The Ministry of Power has amended the competitive bidding guidelines for the procurement of power from grid-connected solar photovoltaic (PV) projects. This is the third time these guidelines have been amended. The ...
/ / Uncategorized
First Half of 2019 Sees $6 Billion Corporate Funding Raised by the Solar Sector Globally

First Half of 2019 Sees $6 Billion Corporate Funding Raised by the Solar Sector Globally

In the first half of 2019 (1H 2019), funding activity in the solar sector was on an upward trajectory when compared to the same period last year. Total corporate funding ...
/ / Finance and M&A, Solar
India Imposes Provisional Duty on Coated Flat Products Used in Solar Mounting Structures

India Imposes Provisional Duty on Coated Flat Products Used in Solar Mounting Structures

The Directorate General of Trade Remedies (DGTR) has issued its preliminary findings in the anti-dumping investigation on the imports of aluminum and zinc-coated flat products originating in or exported from ...
Revise Tariff for 400 MW of Solar Projects or DISCOMs will Terminate PPA_ Andhra Govt to SECI

Revise Tariff for 400 MW of Solar Projects or DISCOMs will Terminate PPA: Andhra Govt to SECI

The future of power sale agreements (PSAs) for 400 MW of grid-connected solar projects in Andhra Pradesh appears uncertain. The Andhra Pradesh Southern Power Distribution Company (APSPDCL) has written to ...
India Likely to Have 300 GW of Solar and 140 GW of Wind Capacity by 2030: CEA

India Likely to Have 300 GW of Solar and 140 GW of Wind Capacity by 2030: CEA

With its focus on India’s aim to achieve 40% non-fossil fuel generation capacity in the country’s power generation mix by 2030, the Central Electricity Authority (CEA) has released a draft report on ...
/ / Demand Response, Grid
96,376 Solar Pumps for Farmers Have Been Approved in 2 Years

96,376 Solar Pumps for Farmers Have Been Approved in 2 Years

The Government of India has a target of adding over 10,000 MW of solar capacity to solarize the agriculture sector. Solar power is one of the most versatile forms of ...
MNRE Relaxes Land-Owning Criteria in its Solar Park Program for CPSUs

MNRE Relaxes Land-Owning Criteria in its Solar Park Program for CPSUs

The Ministry of New and Renewable Energy (MNRE) has issued a memorandum modifying certain provisions of its solar park program for the Central Public Sector Undertaking (CPSU) units. According to the MNRE, ...
RK Singh Asks Andhra Pradesh CM to Exercise Restraint in Solar & Wind PPA Renegotiations

RK Singh Asks Andhra Pradesh CM to Exercise Restraint in Solar & Wind PPA Renegotiations

The Minister for Power R. K. Singh has written to Andhra Pradesh Chief Minister Jaganmohan Reddy, cautioning him to practice restraint when it comes to renegotiations of power purchase agreements ...
China’s National Energy Administration (NEA) has approved 22.78 GW of feed-in tariff (FiT) based solar projects. These solar PV projects are expected to be grid-connected by December 2019. They have been approved under China’s first national unified bidding for solar projects seeking feed-in-tariffs. A total of 4,338 solar PV projects with a combined capacity of 24.55 GW were proposed to be developed, but only 3,921 projects totaling 22.78 GW have received the official approval. Apart from these, 417 proposed solar projects with a capacity of approximately 1.77 GW have not been approved. Out of the approved projects, 366 are ground-mounted utility-scale solar projects with a total capacity of 18.12 GW. Moreover, 473 of them are distributed generation solar projects totaling 0.56 GW while 3,082 are self-generation or excess capacity solar projects totaling 4.10 GW. The feed-in-tariffs approved range from RMB 0.2795 ($0.0406)/kWh to RMB 0.55 ($0.08)/kWh. The average submitted tariff was RMB 0.3281 ($0.0478)/kWh, and the official deadline of the approved 22.78 GW is set for December 31, 2019. If the grid connection takes place in 2020, the approved tariffs will be reduced by RMB 0.01 ($0.001)/kWh each quarter up to the second quarter of 2020. If solar PV projects are connected after June 30, 2020, the approved feed-in-tariff will be revoked, and the projects would stand canceled. In May 2019, the Price Bureau of China’s National Development and Reform Commission had announced the level of solar FiT payments for large-scale projects. For the ease of implementation, the country had been broadly categorized into three regions: Region 1, 2, and 3. In the 2019 bidding process, 23 provinces had participated. The most favored destination is Guizhou Province with more than 3.6 GW, followed by Shaanxi Province with more than 3 GW, and 13 other provinces, each with more than 1 GW to be installed. Gansu Province and Xinjiang Autonomous Region were not allowed to participate due to the prevailing grid curtailment issues. Heilongjiang, Jilin, Yunnan, and Hainan did not join this bidding process, mainly due to limited grid capacities. According to Frank Haugwitz of Asia Europe Clean Energy (Solar) Advisory (AECEA), larger projects were allowed to submit competitive tariffs with the lowest at RMB 0.2795. “Given the 2019 results, it appears that the single most important evaluation criterion was the feed-in-tariff submitted by the developers. It is possible that during the 2020 bidding, other factors might be taken into account when evaluating submitted bids in an attempt to increase the share of distributed projects,” he added. According to Frank’s communique, “In light of the 22.78 GW of feed-in-tariff supported projects approved, AECEA has increased its 2019 full-year guidance from 32-34 GW to 38-42 GW, thus still representing a decline of approximately 5-14% year-over-year. AECEA’s forecast takes into account the feed-in-tariff, grid-parity, residential, poverty alleviation, top-runner, and demonstration projects along ultra-high voltage long-distance transmission lines. According to China’s National Renewable Energy Centre (CNREC) data, between January and May 2019, a total of 7.61 GW of solar PV projects were installed, representing a decrease of 44% year-over-year (YoY). Ground-mounted utility-scale projects amounted to 3.83 GW (+9% YoY), and distributed projects totaled 3.27 GW (-61% YoY). In May, only 1.43 GW of solar capacity was installed, a decline of 42% YoY. The CNREC estimates that in June, possibly 5 GW could be installed, leading to approximately 12.6 GW during the first half of 2019. Compared with the 24.30 GW capacity installed during the same period in 2018, this will represent a decrease of approximately 52% YoY. At the end of May 2019, China was home to 182.07 GW of total installed solar power generation capacity comprising 127.68 GW (70.2%) of ground-mounted utility-scale projects and 54.39 GW (29.8%) of distributed generation. Mercom recently reported that China installed 5.2 GW of solar PV capacity in the first quarter of 2019. When compared to Q1 2018, this was nearly a 40% decline in the installation numbers in which China had installed 9.65 GW of solar PV capacity.

China Approves Nearly 23 GW of Solar Projects Based on Feed-in Tariff Mechanism

China’s National Energy Administration (NEA) has approved 22.78 GW of the Feed-in Tariff (FiT) based solar projects. These solar PV projects are expected to be grid-connected by December 2019. They ...