India Renewable Energy Policy Roundup

India Renewable Energy Policy Roundup from August 2017

Government agencies were busy in the month of August with two anti-dumping cases decided against Chinese companies for solar glass and castings for wind turbines. The Ministry of New and ...
/ / Other, Renewable Energy

MNRE Issues Advisory Asking States to Honor Wind PPAs

Bringing relief to wind project developers across India, the Ministry of New and Renewable Energy (MNRE) has issued an advisory to state governments and state electricity regulatory commissions (SERCs) asking ...
/ / Other, Wind
Hydro Power Fund

₹160 Billion Hydropower Development Fund to be Finalized

The Government of India is close to finalizing a ₹160 billion (~$2.5 billion) hydropower development fund. “The Centre is set to finalize the creation of a ₹160 billion (~$2.5 billion) ...
/ / Other, Water
EESL LED Distribution MOU

Energy Efficient Appliances to be Sold in Fuel Stations Across India

Taking the next steps towards an energy efficient India, the Energy Efficiency Services (EESL) entered into separate memorandum of understandings (MOU) with Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation ...
/ / Energy Efficiency, Other
Saudi Arabia Renewable Energy

Saudi Arabia Could be a Significant Renewable Energy Market Going Forward

In the next six years, Saudi Arabia intends to produce 10 percent of its power from renewable sources of energy. The drive towards renewable energy is likely to see the ...
/ / Other, Renewable Energy
SriLanka Renewable Energy

Sri Lanka to Reach 100 Percent Renewables by 2050

Sri Lanka can meet its current and future electricity demand through the use of renewable energy by 2050, according to a joint study by the UN Development Program (UNDP) and ...
/ / Other, Renewable Energy
Small Hydro CFA MNRE

Financial Assistance Maybe at Risk for Small Hydro Developers Due to Lack of Reporting

The Ministry of New and Renewable Energy (MNRE) has issued an advisory to developers of small hydro projects stating that central financial assistance (CFA) may be at risk due to ...
/ / Other, Water
EVs Electric Vehicles India

India Plans to Deploy Seven Million Electric Vehicles by 2020

India is targeting the deployment of five to seven million electric vehicles in the country by 2020 under the National Electric Mobility Mission Plan (NEMMP) 2020. The NEMMP’s goal is ...
/ / Other, Other Energy
Sri Lanka

IFC Invests $100 Million in Sri Lanka’s Renewable Energy Sector

The International Finance Corporation (IFC), a World Bank Group member, will invest $100 million to boost financing for renewable energy projects in Sri Lanka. The IFC will collaborate with Sri ...
/ / Other, Renewable Energy
Electricity Demand in Germany

Renewable Energy Generated 35 Percent of Electricity Demand in Germany in First Half of 2017

According to the latest figures from the Centre for Solar Energy and Hydrogen Research in Baden-Wurttemberg (ZSW) and the German Association of Energy and Water Industries (BDEW), solar PV generated ...
/ / Other, Renewable Energy
Khajuraho - Kandariya Mahadeo Temple

MPERC Proposes Scrapping Must-Run Status of Renewable Energy Generation in Madhya Pradesh

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has proposed applying scheduling and merit order dispatch principles to energy generation from co-generating and renewable energy generating units from time to time, ...
/ / Other, Renewable Energy
DGAD Recommends Imposition of Anti-Dumping Duty on Imports of Wind Turbine Castings from China

DGAD Recommends Imposition of Anti-Dumping Duty on Imports of Wind Turbine Castings from China

The office of the Directorate General of Anti-Dumping & Allied Duties (DGAD) has recommended the imposition of an anti-dumping duty on castings for wind-operated electricity generators originating in or exported ...
/ / Other, Wind
Policy Roundup

India Renewable Energy Policy Roundup: July 2017

Mercom’s renewable energy policy roundup from central, state and government agencies in India for the month of July 2017: Gujarat Electricity Regulatory Commission (GERC) released the GERC Net-Metering Rooftop Solar ...
/ / Other, Renewable Energy
Financing Activity in the Indian Solar Sector So Far This Year

Azure Power to Raise $500 Million (~Rs.32 Billion) from Sale of Bonds

Azure Power, an Indian solar power producer, will issue and raise around $500 million (~Rs.32 billion) from the sale of bonds to overseas investors. It bond offering was said to have attracted ...
/ / Finance and M&A, Other
Month in a Minute India Solar Update July

Important Data Points and Headlines from the Indian Renewable Energy Sector in July 2017

Several hydropower projects in India are witnessing significant overruns in both time and costs. Only 28 percent of the total hydropower potential in India - out of 148 GW has been developed ...
/ / Other, Renewable Energy
Delhi Electricity Regulatory Commission Solar RPO

Delhi Electricity Regulatory Commission Issues Draft Regulations for RPOs and RECs for Financial Years 2017-2020

The Delhi Electricity Regulatory Commission (DERC) has issued the Draft DERC (Renewable Purchase Obligation (RPO) and Renewable Energy Certificate (REC) Framework Implementation) Regulations 2017. The DERC has asked stakeholders to ...
UJALA Program

250.1 Million LED Bulbs Distributed Under UJALA Program

There have been 250.1 million smart and energy efficient LED bulbs distributed under the Unnat Jyoti by Affordable LEDs for All (UJALA) program as of July 12, 2017. The Minister ...
Piyush Goyal

RPO System to be Re-evaluated Says Power Minister Piyush Goyal

A separate solar and non-solar renewable purchase obligations (RPO) system should be reviewed according to Mr. Piyush Goyal, Minister of Power. If what’s been proposed by Mr. Goyal comes to ...
Wind Reverse Auction India

With the Advent of Reverse Auctions Wind is a Player Again

India’s wind sector has been around for much longer than the solar sector with steady installations of about 1.5 – 2.5 GW per year. Cumulative wind installations have reached 32 ...
/ / Other, Wind
Turbine Construction

PPAS For 1,050 MW Wind Projects Signed

Power Purchase Agreements (PPAs) for wind projects aggregating 1,049.9 MW were signed between PTC India, a power trading solution provider, and developers who won bids to develop projects in the ...
/ / Other, Wind
Haryana Electricity Regulatory Commission Releases Discussion Paper on 2017 Tariff Regulations For Renewable Energy Sources

Haryana Electricity Regulatory Commission Releases Discussion Paper on 2017 Tariff Regulations For Renewable Energy Sources

The Haryana Electricity Regulatory Commission (HERC) has released a discussion paper on HERC (Terms and Conditions for Determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation (RPO) and Renewable Energy Certificate ...
Supreme Court

Breaking: Supreme Court Issues Order Allowing Wind REC Trade

The Supreme Court of India has issued an order allowing the trade in Wind Renewable Energy Certificates (RECs). The highest court in India has removed the stay placed on the ...
/ / Other, Wind
Hindustan Power

Hindustan Power Aggressively Expanding its Global Footprint

Hindustan Power, an Indian Renewable Energy firm, is aggressively expanding its global solar portfolio. The company acquired 15 solar power generation projects in Japan and is poised to enter the ...
/ / Other, Renewable Energy
Shipping wind turbines

Rajasthan Electricity Regulatory Commission Fixes Levelized Generic Tariff for Wind Projects to be Commissioned in FY 2017-18

The Rajasthan Electricity Regulatory Commission (RERC) has fixed the levelized generic tariff for wind power projects to be commissioned in financial year (FY) 2017-18 in Rajasthan. The RERC stated in ...
/ / Other, Wind
IFC Invest

IFC Invests $103 Million in L&T Infrastructure Finance

The IFC, a member of the World Bank Group, has invested $103 million in L&T Infrastructure Finance Company, a wholly-owned subsidiary of L&T Finance Holdings, by subscribing to the first ...
/ / Finance and M&A, Other