India’s 100 GW Solar Target is at the Mercy of States and Conflicting Government Policies
India’s push to promote clean energy development marks an important chapter in its growth story that could create a more sustainable future, but only if its various government agencies can ...
CEA Asks States to Use 5-10% Biomass Pellets for Power Generation in Thermal Plants
To help tackle air pollution issues, the Ministry of Power has issued a policy that calls for using 5-10 percent of biomass pellets alongside coal for power generation in thermal ...
Non-Solar REC Trading Falls Drastically in January After Hitting December High
After touching new highs in December 2017, the trade in non-solar Renewable Energy Certificates (RECs) declined by almost two-thirds in January 2018 to 1.2 million total buy bids. The decline ...
Suzlon Signs Agreement with ReNew Power for Development of Wind Project in Karnataka
Suzlon, a wind turbine manufacturer and renewable energy project developer, has bagged a repeat order of 96.6 MW from renewable energy project developer ReNew Power for the development of a ...
DISCOMs Could Look to Coal if Solar Tariffs Go Over ₹3.50/kWh Because of Safeguard Duty
The proposed 70 percent provisional safeguard duty on solar imports, if levied, has the potential to reverse India’s solar growth trajectory and send the wrong signal to the investment community ...
Arbitration in India-US Solar DCR Case May Extend Beyond 60 Days
The ongoing trade rift between India and the United States over the solar Domestic Content Requirement (DCR) category has been referred to arbitration, but the complexity of the case suggests ...
Growth of Jharkhand’s Solar Sector Hobbled by State Inaction
The progress of Jharkhand’s solar sector is being severely hobbled by inaction and delays on the part of the state’s implementing and nodal agencies. The issue is apparent in the ...
Solar Was the Top Source of New Power Capacity Addition in 2017 For the First Time in India
Solar was the leading source of new power capacity additions in the calendar year 2017 with installed capacity of approximately 9.5 GW accounting for 45 percent of total power capacity ...
Cost of Generating Renewable Energy Will Continue to Fall, Says IRENA
The cost of electricity generated by new renewable power projects once again declined for projects commissioned during 2017, continuing a trend that has been underway for years. These findings were ...
India’s Energy Storage Industry Buoyant Despite Recent Tender Cancellations
India is on the cusp of a revolution in energy storage, according to key industry players. This was the sentiment at the well-attended 5th Energy Storage India Conference held in ...
Grid Infrastructure in India Needs to Scale Rapidly to Keep up with Solar and Wind Tenders
Solar and wind tender activity has surged in recent weeks following a long pause, but the sudden surge in planned renewable capacity has many in the industry wondering if India’s ...
Small Hydro Projects Gain Momentum in India, over 4 GW Installed
As India walks towards a greener future, small hydro power projects are gradually gaining traction in the country. As of November 2017, small hydro projects totaling 4,399.35 MW have been ...
Update: Solar Module Misclassification Issue at Ports Only Partially Resolved
The solar module misclassification issue at ports is not fully resolved yet according to Mercom findings. The 7.5 percent (plus cess) duty has still not been eliminated but the government ...
Karnataka’s Pavagada Solar Park Stands Tall Despite Delays and Hiccups
Following delays attributed to natural and man-made causes, officials now hope to have most of the capacity online this month In Karnataka’s Tumkur district stands an expansive solar park that ...
DISCOMs Push Trade in Non-Solar RECs to A New High in December
Distribution companies (DISCOMs) making a mad dash to purchase non-solar Renewable Energy Certificates (RECs) to fulfill their Renewable Purchase Obligations (RPOs) before the end of the year have propelled India’s ...
MSEDCL Tenders 500 MW of Wind Projects to Meet Non-Solar RPO
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has tendered 500 MW of grid-connected wind projects to meet its non-solar Renewable Purchase Obligation (RPO). The bid-submission deadline is January 20, ...
Breaking News: New Low Wind Tariff of ₹2.43/kWh Recorded in GUVNL’s 500 MW Auction
Wind power tariffs dropped to a record-low level of ₹2.43 (~$0.038)/kWh quoted in the Gujarat Urja Vikas Nigam Ltd. (GUVNL) 500 MW auction in Gujarat. This is even lower than ...
YES Bank and EIB Announce $400 Million Renewable Energy Financing Program for India
YES Bank, one of the largest private sector banks in India, has collaborated with the European Investment Bank (EIB), the European Union's non-profit long-term lending institution, to formulate a renewable ...
APERC Approves PPAs for 841.32 MW of Wind
The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved Power Purchase Agreements (PPAs) for 41 wind projects aggregating 841.32 MW. An APERC official confirmed the approval of PPAs and said ...
ReNew Power Acquires 103 MW of Wind Projects for over $155 Million
Indian renewable energy project developer ReNew Power has acquired a 100 percent stake in KCT Renewable Energy Private Limited (KCTREPL) from the Karm Chand Thapar (KCT) Group for over ₹10 ...
Ministry of Power Issues Final Competitive Bidding Guidelines for Wind Projects
The Ministry of Power has issued the final competitive bidding guidelines for wind projects in India. The guidelines aim to provide a framework for the cost-effective procurement of wind power ...
PFC Issues $400 Million of Green Bonds on LSE’s International Securities Market
The Power Finance Corporation (PFC), an undertaking of the government of India, made its first international bond issuance in more than two decades last week when it issued $400 million ...
Trade of Non-Solar RECs Jumps in November As RPO Deadline Nears
The trade in non-solar renewable energy certificates (RECs) witnessed a steep hike in November 2017, with a total of 2,207,622 of non-solar RECs sold. This is 353 percent higher than ...
SECI Tenders 2 GW of Inter-State Transmission System-Connected Wind Projects
The Solar Energy Corporation of India (SECI) has issued RfS for 2 GW of inter-state transmission system (ISTS)-connected wind projects. The capacity has been tendered under Tranche-III. The bid-submission deadline ...
ADB to Provide $44.76 Million Grant to Develop 20 MW of Grid-Connected Solar in Afghanistan
The Asian Development Bank (ADB) has agreed to provide a $44.76 million (~₹2.88 billion) grant to help develop 20 MW of grid-connected solar in Afghanistan. The grant was approved by ...
