China Ends Wind Feed-In Tariffs and Opts for Auctions

China Ends Wind Feed-In Tariffs and Opts for Auctions

China’s renewable story is going through a transformation in 2018.  After many years of growth in renewable energy, the country is beginning to change its policies that will influence its ...
/ / Other, Wind
Railway Energy Management Company Tenders 54 MW of Wind Projects in Maharashtra

Railway Energy Management Company Tenders 54 MW of Wind Projects in Maharashtra

The Railway Energy Management Company Limited (REMCL) has tendered 54 MW of wind projects to be developed in the state Maharashtra. The bid-submission deadline is August 6, 2018. The projects ...
/ / Other, Wind
SECI’s 1,200 MW Wind Tender Receives Bids Totaling 2,190 MW

SECI Tenders 2.5 GW of ISTS-Connected Wind Projects Under Tranche-VI

The Solar Energy Corporation of India (SECI) has come up with a new tender for 2.5 GW of ISTS-connected wind power projects to be developed across the country. The bid-submission ...
/ / Other, Wind
Indian Solar Projects Getting Too Big to Bid: Domestic Developers

Indian Solar Projects Getting Too Big to Bid: Domestic Developers

As the government pushes to meet its target of achieving 100 GW solar capacity by 2022, it has started to increase the maximum project bid size. While the government is ...
India’s Peak Power Supply Deficit Dipped to 0.7% in Q1 FY 2018-19

Will States Comply with the New Solar RPO Target?

The Ministry for Power recently announced revised solar renewable purchase obligation (RPO) goals for up to FY 2012-22. RPO is the single most important policy driving renewable energy installations in ...
MNRE Announces 30 GW Offshore Wind Target by 2030

MNRE Announces 30 GW Offshore Wind Target by 2030

To give confidence to the country’s wind industry, the Ministry of New and Renewable Energy (MNRE) has now announced the medium and long-term target for offshore wind power capacity additions ...
/ / Other, Wind
Indian Public Sector Banks Issued More Loans to Coal than Renewables

Indian Public Sector Banks Issued More Loans to Coal than Renewables

Public sector banks in the country funded more coal projects than renewable projects in 2017, according to the latest report issued by the Center for Financial Accountability (CFA), a financial ...
/ / Other, Other Energy
Maharashtra Sets ₹2.72/kWh as Generic Tariff for Solar and ₹2.87/kWh for Wind

MERC Approves Tariff Proposed by MSEDCL for 500 MW of Wind Projects

The Maharashtra Electricity Regulatory Commission (MERC) has approved the tariff proposed by Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for long term procurement of 500 MW of wind power under ...
/ / Other, Wind
Madhya Pradesh Clarifies the Impact of Solar Safeguard Duty on 30 MW Rooftop Tender

India’s Rooftop Solar in Dire Need of Innovative Financing Solutions

Four years ago, under the leadership of Prime Minister Modi, India set a target to install 175 GW of renewable capacity by the year 2022. Of the targeted capacity, 100 ...
OPIC Provides $5 Million Loan Guarantee to Grameen Impact Through IndusInd Bank

OPIC Provides $5 Million Loan Guarantee to Grameen Impact Through IndusInd Bank

The Overseas Private Investment Corporation (OPIC), a U.S. government agency, has signed a $5 million loan guarantee with India’s IndusInd Bank. The money will support Grameen Impact, a non-bank financial ...
/ / Other, Renewable Energy
SBI Raises $650 Million Via Green Bonds, Announces Plans for Going Solar

Canada Pension Plan to Start Issuing Green Bonds

The Canada Pension Plan Investment Board (CPPIB), a public pension fund, has announced its foray into green bonds. This would make CPPIB the first pension fund to issue green bonds, ...
/ / Other, Renewable Energy
Oversubscribed by 4 Times, Odisha’s 200 MW Solar Tender Receives Massive Response

Solar Installations in India Increased 34% to 3.3 GW in Q1 2018

Indian solar market had its best quarter ever with 3,269 MW of solar installed in Q1 2018 according to Mercom India Research’s newly released Q1 2018 India Solar Market Update ...
Solar Companies Still Waiting for GST Clarity and Refunds

Solar Companies Still Waiting for GST Clarity and Refunds

India introduced its Goods and Services Tax (GST) on July 1, 2017, hailing the new tax mechanism as the most efficient way to curb rising tax evasion in the country ...
India to Partner with Peru and France to Expand Renewable Energy

India to Partner with Peru and France to Expand Renewable Energy

The Ministry of New and Renewable Energy (MNRE) has signed two agreements with the Ministry of Energy and Mining of The Republic of Peru and the National Solar Energy Institute ...
Minister of Power: India Could Install Over 225 GW of Renewables by 2022

Minister of Power: India Could Install Over 225 GW of Renewables by 2022

The Minister for Power, R. K. Singh made a surprising statement today, saying that “India may cross 225 GW of installed renewable energy capacity by 2022.” Minister of Power and ...
DGAD Re-Examines Findings of Anti-Dumping Investigation for Wind Casting Imports

DGAD Re-Examines Findings of Anti-Dumping Investigation for Wind Casting Imports

The office of Directorate General of Anti-Dumping and Allied Duties (DGAD) has re-examined the final findings of the anti-dumping investigation concerning imports of castings for wind-operated electricity generators exported from China ...
/ / Other, Wind
REC to Increase Loan Disbursements to Renewable Energy Segment in the Coming Years

REC to Increase Loan Disbursements to Renewable Energy Segment in the Coming Years

The Rural Electrification Corporation (REC), a public sector unit of the government of India involved in financing all segments of the power sector, plans to increase loan disbursements for the ...
Rupee Depreciation Beginning to Affect Solar Supply Chain in India

Rupee Depreciation Beginning to Affect Solar Supply Chain in India

A volatile rupee is beginning to affect domestic solar developers and solar project component suppliers alike. One U.S. dollar is hovering around ₹68 which is the highest exchange rate in ...
Maharashtra Sets ₹2.72/kWh as Generic Tariff for Solar and ₹2.87/kWh for Wind

Solar and Non-Solar REC Trading Witness a Spike in May 2018

May emerged as the second consecutive month in which both solar and non-solar renewable energy certificates (RECs) trading witnessed a spike. In May 2018, 914,412 solar RECs were traded. This ...
Interview: Well-Defined Value Chain Required for Biofuels Sector to Grow in India

Interview: Well-Defined Value Chain Required for Biofuels Sector to Grow in India

In a country like India, where the overall economic growth is fueled by its agrarian sector, biofuels assume great significance in light of the country’s ambitious goals of doubling farmers’ ...
/ / Biofuel, Other
Non-Solar RECs Issued on or After April 1, 2017 to be Sold at Floor Price of ₹1,000

Non-Solar RECs Issued on or After April 1, 2017 to be Sold at a Floor Price of ₹1,000

Non-solar renewable energy certificates (RECs) issued on or after April 1, 2017, will be sold at a floor price of ₹1,000 (~$14.809)/REC, the Supreme Court has ruled. The court had ...
SECI Tenders 2 GW of ISTS-Connected Wind Projects under Tranche-V

SECI Tenders 2 GW of ISTS-Connected Wind Projects Under Tranche-V

After the success of the recently held wind auctions, the Solar Energy Corporation of India (SECI) has now tendered 2 GW of Inter-State Transmission System (ISTS)-connected wind power projects to ...
/ / Other, Wind
Sustainable Energy Innovation Needs to Grow at a Quicker Pace: World Economic Forum

Sustainable Energy Innovation Needs to Grow at a Quicker Pace: World Economic Forum

The World Economic Forum has released a white paper titled  ‘Accelerating Sustainable Energy Innovation’ that argues the pace of innovation in sustainable energy is not adequate to address the challenges ...
Hero Future, Vikram Solar and ACME go to Court Opposing Safeguard Duty Imposed by DGTR

Karnataka High Court Stays KERC Order to Increase Wheeling Charges for Open Access

A vacation bench of the Karnataka High Court has imposed an indefinite stay on the Karnataka Electricity Regulatory Commission’s (KERC) recent order that levied 25 percent of the normal transmission ...
Program to Set Up 2.5 GW ISTS-Connected Wind-Solar Hybrid Projects Approved

MNRE’s Program to Set Up 2.5 GW ISTS-Connected Wind-Solar Hybrid Projects Approved

The Ministry of New and Renewable Energy (MNRE) has announced that the President has approved the proposed program to set up 2.5 GW of inter-state transmission system (ISTS)-connected wind and ...