Author Archives: Shaurya Bajaj

About Shaurya Bajaj

Shaurya Bajaj is a staff reporter for Mercomindia.com.

shaurya@mercomindia.com

@ShauryaBajaj5

Open Access Banked Units Can be Adjusted If Power Sourced from Same Generator: MERC

Sunseap Group Acquires Minority Stake in Australian EPC Company Todae Solar

Sunseap Group has acquired a minority stake in Todae Solar, an Australian commercial and industrial engineering, procurement and construction (EPC) solar company. According to Sunseap, a Southeast Asia-based renewable energy ...
/ / Finance and M&A, Solar
BlackRock Real Assets Power and Energy Infrastructure Fund Raises $1.5 Billion

AIIM to Invest $31 Million in Off-Grid Solar Solutions Provider BBOXX for a Minority Stake

BBOXX, an affordable clean energy solutions provider to off-grid communities in Africa, has announced that Africa Infrastructure Investment Managers (AIIM), through its AIIF3 fund, is investing $31 million for a minority stake ...
/ / Finance and M&A, Solar
Haryana Electricity Regulator Approves PPA with Deviations for a 10 MW Solar Project

Adani Green Energy Acquires Remaining 51% Stake in Karnataka’s Kodangal Solar Parks

Adani Green Energy has announced the acquisition of a 51 percent equity share capital in Kodangal Solar Parks Private Limited (KSPPL), comprising a 20 MW solar project which was incorporated ...
/ / Finance and M&A, Solar
Scatec Solar Closes Financing for a 47 MW Project in Malaysia

Scatec Solar Closes Financing for a 47 MW Project in Malaysia

Solar project developer Scatec Solar, along with its partners has closed the financing for a 47 MW Redsol project in northwest Malaysia with a total investment of approximately $47 million ...
/ / Finance and M&A, Solar
Off-Grid Solar Solutions Provider SolarHome raises $1 Million in Convertible Note Offering

Rays Power Infra Raises $28 Million to Expand its Solar Business

Solar developer Rays Power Infra has announced that it has secured ₹2 billion (~$28.4 million) through hybrid debt and equity financing from lender and asset management firm DMI Finance (DMI). The company ...
/ / Finance and M&A, Solar
Dispute Over One Day Commissioning Delay Causes 30% Solar Tariff Reduction in Karnataka

Emami’s Solar Unit Demerges from its Cement Business

The Kolkata bench of the National Company Law Tribunal (NCLT) has approved the request made by Indian conglomerate Emami Group to demerge its solar power business (Emami Power) from the ...
/ / Markets & Policy, Solar
India Announces New Energy Conservation Building Code for Residential Buildings

India Announces New Energy Conservation Building Code for Residential Buildings

The Ministry of Power (MoP) has announced the ECO Niwas Samhita 2018, which is the Energy Conservation Building Code for residential buildings (ECBC-R). The implementation of this code is expected ...
/ / Energy Efficiency, Other
Jharkhand Adopts E-Mobility Program in Partnership With EESL

New EV Charging Station Guidelines Announced

With the goal to facilitate the widespread adoption of electric vehicles (EV) in the country, the Ministry of Power (MoP) has announced guidelines and standards for the development of electric ...
MNRE Introduces Battery Energy Storage System in its Quality Control Order 2017

Total Global Energy Storage Capacity Could Triple by 2030: IRENA

In a brief prepared for COP24, the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), the International Renewable Energy Agency (IRENA) has underscored the ...
/ / Energy Storage, Other
World Bank Helps Chart Plan to Bring Electricity Access to All Kenyans by 2022

World Bank Helps Chart Plan to Bring Electricity Access to All Kenyans by 2022

The Kenyan government has launched a new program called Kenya National Electrification Strategy (KNES). The ambitious program has been developed in partnership with the World Bank and it aims to provide a ...
/ / Markets & Policy, Solar
Sindicatum Renewables Lists Green Bonds On London Stock Exchange

Sindicatum Renewables Lists Green Bonds On London Stock Exchange

Sindicatum Renewable Energy Company Pte Ltd (Sindicatum), a developer and operator of clean energy projects in Asia, has listed its three guaranteed Indian Rupee (₹) and Philippine Peso (PHP) green ...
/ / Markets & Policy, Solar
Sourcing Power from Multiple Generators for Open Access not Permissible

Solar Potential in West Africa Ranges from 8 GW to Over 20 GW by 2030: Report

The International Renewable Energy Agency (IRENA) in its report “Planning and prospects for renewable power: West Africa” has highlighted scenarios for the growth of renewables in West Africa’s power systems ...
/ / Other, Renewable Energy
New Guidelines for Distributed Solar Projects in Andaman & Nicobar and Lakshadweep

New Guidelines for Distributed Solar Projects in Andaman & Nicobar and Lakshadweep

The Ministry of New and Renewable Energy (MNRE) has extended the implementation timeline of distributed grid-connected solar power projects in Andaman & Nicobar, and Lakshadweep islands. In order to allow ...
/ / Markets & Policy, Solar
Can Solar Kits Propel the Growth of Residential Rooftop Market in India?

Philippines Government Working on Rooftop Solar Policy Proposal

The Senate of The Philippines has announced that a proposal to reduce the cost of electricity for households and businesses through the adoption of rooftop solar, is currently under scrutiny ...
/ / Rooftop, Solar
SECI Scraps 300 MW Solar Capacity Awarded to Adani Green

European Union to Join Hands with India for the Growth of Sustainable Technologies

The European Union (EU) has issued a joint communication to the European Parliament and the Council through which the EU aims to reinforce EU-India strategic partnership, build a strong partnership ...
/ / Markets & Policy, Solar
CERC Releases Inter-State Transmission Connectivity Draft Regulations for Solar and Wind Projects

Nepal Begins Construction of its Landmark Power Transmission Line with Aid from EU

Nepal’s Minister of Energy recently inaugurated the ceremony to formally mark the initiation of construction of the Chilime-Trishuli transmission system in central Nepal. This project is expected to allow access ...
/ / Grid, Market & Policy
Gujarat Decides to Implement Solar Agricultural Feeder Program on Pilot Basis

Oman’s PDO Awards 100 MW Solar Project to Marubeni Consortium

Petroleum Development Oman (PDO), a state owned oil producer in Oman, has announced that it has allocated a 100 MW solar project to the Marubeni Consortium, a consortium comprising the ...
/ / Markets & Policy, Solar
Power Grid Corporation to Install 5 MWp Rooftop Solar across 50 of its Premises

Himachal Pradesh Gives Out Consent Letters to 150 Prospective Rooftop Solar Installers

In an effort to expand the reach of rooftop solar in the state, Himachal Pradesh State Electricity Regulatory Commission (HPREC) has issued a notification that allows consumers to install rooftop ...
/ / Rooftop, Solar
CEA Charts Transmission Infrastructure Plan for 4,950 MW of Wind Projects

Power Generators Can Terminate PPA if DISCOM Defaults on Payment: Committee Proposal

The Government of India constituted a High Level Empowered Committee (HLEC) on July 29, 2018 chaired by the Cabinet Secretary to address the issues of stressed thermal power projects. Country’s apex ...
/ / Grid, Grid Optimization
NTPC Ties Up with Seven Vehicle Aggregators to Develop EV Charging Network

NTPC Ties Up with Seven Vehicle Aggregators to Develop EV Charging Network

NTPC Limited has signed a memorandum of understanding  (MoU) with a host of vehicle aggregators for the development and utilization of public charging infrastructure across the country.  Seven vehicle aggregators namely: Ola, ...
Dispute Over One Day Commissioning Delay Causes 30% Solar Tariff Reduction in Karnataka

Canadian Solar Withdraws Proposal to Go Private

Solar module manufacturer, Canadian Solar has announced that its chief executive officer Dr. Shawn Qu has withdrawn his bid to take the company private after a special committee established by ...
/ / Markets & Policy, Solar
GRIDCO Asks Bidders to Match Lowest Tariff Quoted at its 200 MW Solar Auction

IFC to Finance 50 MW Solar Project in Sierra Leone

Sierra Leone’s Ministry of Finance has signed a $40 million agreement with the International Finance Corporation, a sister organization of the World Bank, for the development of a 50 MW ...
/ / Markets & Policy, Solar
SolarEdge to Acquire Korean Battery Technology Company Kokam

SolarEdge to Acquire Korean Battery Technology Company Kokam

SolarEdge Technologies, Inc. (SolarEdge), an energy technology company that develops PV inverters, has announced that it has entered into definitive agreements to acquire a major stake in Kokam Co., Ltd ...
/ / Markets & Policy, Solar
India Contributes $1 Million for Solar Project at UN Headquarters

India Contributes $1 Million for Solar Project at UN Headquarters

India has contributed $1 million for the development of a solar project at the United Nations headquarters in New York. The contribution will help reduce carbon footprint and promote sustainable ...
/ / Markets & Policy, Solar
SECI Scraps 300 MW Solar Capacity Awarded to Adani Green

Sri Lanka Secures $50 Million Loan Facility from ADB to Develop Rooftop Solar

The Ministry of Finance and Mass Media in Sri Lanka has announced that it has entered into an agreement with the Asian Development Bank (ADB) wherein the bank will loan ...
/ / Markets & Policy, Solar