Solar Projects are Helping Generate Income, Create Jobs and New Skills in Rural Areas

Solar Projects are Helping Generate Income, Create Jobs and New Skills in Rural Areas

The development of large solar power projects in rural areas usually gets a bad rap as it is associated with issues like land grabbing, deforestation, and disruption of the rural ...
TMEIC and Sungrow Led the Solar Inverter Supplier Leaderboard in 1H 2019

TMEIC and Sungrow Led the Solar Inverter Supplier Leaderboard in 1H 2019

In the first half of 2019 (1H 2019), TMEIC emerged as the top supplier of solar inverters to the Indian market with a market share of approximately 20% while Sungrow ...
After a Slow November, Tender and Auction Activity Picked Up in December 2019

After a Slow November, Solar Tender and Auction Activity Picked Up in December 2019

The month of December 2019 saw a significant rise in the solar tender activity compared to the subdued activity in November 2019. The last month of 2019 also saw one ...
Indian Solar Industry Optimistic Going Into 2020

Indian Solar Industry Optimistic Going Into 2020

After a somewhat disappointing year, the domestic solar industry’s hopes are pinned on 2020. Towards the end of 2019, Mercom revised its estimates for the calendar year (CY) 2019 down ...
Solar Project Developers Still Waiting for Safeguard Duty Reimbursement

Solar Project Developers Still Waiting for Safeguard Duty Reimbursement

To protect domestic cell and module manufacturers, a 25% safeguard duty was announced on solar cell and module imports from China and Malaysia for the period between July 30, 2018, ...
/ / Mercom Research Focus, Other
35 GW of Solar Installed, 65 GW More to go for India to Reach its 100 GW Solar Target

35 GW of Solar Installed, 65 GW More to go for India to Reach its 100 GW Solar Target

Total solar installations in India have crossed the 35 GW mark, according to Mercom’s India Solar Project Tracker. The country has a goal of reaching 100 GW of solar capacity ...
/ / Mercom Research Focus, Other
Import of Solar Cells and Modules Drop and Exports Rise in the First Nine Months of 2019

Import of Solar Cells and Modules Drop and Exports Rise in the First Nine Months of 2019

In the first nine months (9M) of 2019, India imported solar cells and modules worth $1.6 billion (~₹115.7 billion), a drop of around 22% compared to 9M 2018. However, exports ...
Ganges, Purshotam Profiles, Strolar Top Solar Mounting Structure Suppliers in 1H 2019

Ganges, Purshotam Profiles, Strolar Top Solar Mounting Structure Suppliers in 1H 2019

According to Mercom’s recently released India Solar Market Leaderboard 1H 2019, in the first half of this year (1H 2019), Ganges Internationale, Purshotam Profiles, and Strolar emerged as the top ...
Letter of Credit Has not Been Effective as Payment Security for Solar Developers

Letter of Credit Has not Been Effective as Payment Security for Solar Developers

To tackle the risks related to delays in payments to independent power producers, the Ministry of Power (MoP) recently mandated state-owned distribution companies (DISCOMs) to issue a letter of credit ...
734 MW of Solar Projects Tendered in November; But No Auctions

734 MW of Solar Projects Tendered in November; But No Auctions

Solar tender activity slowed down while there were no auctions in November 2019. While the month did not see any auctions, only 734 MW of solar tenders were floated, according ...
Trina and Adani Were the Leading Solar Module Suppliers in India During 1H 2019

Trina and Adani Were the Leading Solar Module Suppliers in India During 1H 2019

According to Mercom’s recently released India Solar Market Leaderboard 1H 2019, in the first half of this year (1H 2019), Trina Solar, Adani, and Risen Energy emerged as the top ...
Solar Tender, Auction & Commissioning Delays Causing Liquidity Issues for Developers

Solar Tender, Auction & Commissioning Delays Causing Liquidity Issues for Developers

According to several solar developers Mercom interacted with recently, there was unanimous agreement that the cost of participating in large-scale solar tenders has reduced their ability to actively bid for ...
/ / Mercom Research Focus, Other
Azure Power and Tata Power Top the Rooftop Solar Installer Leaderboard in 1H 2019

Azure Power and Tata Power Top the Rooftop Solar Installer Leaderboard in 1H 2019

Approximately  3.8 GW of rooftop solar projects have been installed cumulatively across India as of the end of first half (1H) of 2019. During 1H 2019, approximately 555 MW of ...
/ / Mercom Research Focus, Other
New Guidelines Restrict Short-term Equity Investment in Solar Projects

New Guidelines Restrict Short-term Equity Investment in Solar Projects

In an amendment to the competitive bidding guidelines for procuring power from grid-connected solar PV projects, issued by the MNRE in July 2019, it was noted that the project developers need to maintain a controlling shareholding of 51% in the SPV or project company executing the PPA. ...
/ / Mercom Research Focus, Other
India Added 5.4 GW of Solar in 9M 2019, with 2.2 GW Installed in Q3 2019

India Added 5.4 GW of Solar in 9M 2019, with 2.2 GW Installed in Q3 2019

According to Mercom India Research’s newly released Q3 2019 India Solar Market Update, solar installations in India increased 44% in Q3 2019 reaching 2,170 MW, compared to 1,510 MW in ...
/ / Mercom Research Focus, Other
Azure Power and ReNew Power Were the Top Utility-Scale Solar Developers During 1H 2019

Azure Power and ReNew Power Were the Top Utility-Scale Solar Developers During 1H 2019

In the first half of this year (1H 2019), Azure Power, ReNew Power, Sprng Energy, and Tata Power emerged as the top four developers of utility-scale solar power projects in ...
/ / Mercom Research Focus, Other
Accurate Forecasting of Renewable Generation a Tough Task for Solar & Wind Developers

Accurate Forecasting of Renewable Generation a Tough Task for Solar & Wind Developers

With India’s target to install 175 GW of renewables by 2022, the share of renewables is only going to grow, making the grid integration of these intermittent renewable resources into ...
/ / Mercom Research Focus, Other
Tariff Adoption Delays are Hurting Investments and Jobs in the Solar Sector

Tariff Adoption Delays are Hurting Investments and Jobs in the Solar Sector

According to Section 63 of the Electricity Act 2003, authorities such as the state electricity regulatory commissions (SERCs) are expected to adopt tariffs that have been discovered through a transparent ...
/ / Mercom Research Focus, Other
Solar Power Generation Dipped in the Third Quarter of 2019 By Nearly 14%

Solar Power Generation Dipped in the Third Quarter of 2019 By Nearly 14%

Solar power generation numbers declined by 14% quarter over quarter (QoQ) in the third (Q3) quarter of 2019. Solar power generation in India stood at 10,530 million units (MUs), according ...
/ / Mercom Research Focus, Other
Solar Imports to India Declined by 39% in Q2 2019

Solar Imports to India Declined by 39% in Q2 2019

India’s solar imports declined significantly in the second quarter (Q2) of the calendar year (CY) 2019. Solar modules and cells worth $399 million (~₹27.75 billion) were imported by India in ...
/ / Mercom Research Focus, Other
Solar Auction Activity Increased in October with 1.3 Gigawatts

Solar Auction Activity Increased in October with 1.3 Gigawatts

Auction activity increased in October 2019 while tender announcements decreased compared to the previous month, according to Mercom India solar tender tracker. About 2.7 GW of solar tenders were floated ...
/ / Mercom Research Focus, Other
India’s Solar Market Leaders Unveiled for First Half of 2019

India’s Solar Market Leaders Unveiled for First Half of 2019

India’s solar installations recorded in the first half (1H) of calendar year 2019 totaled 3.2 GW and the country’s cumulative installed solar capacity has exceeded 31.5 GW. India’s pipeline of utility-scale ...
/ / Mercom Research Focus, Other
Solar MSMEs are Not Benefiting from Safeguard Duty and Domestic Content Rules

Solar MSMEs are Not Benefiting from Safeguard Duty and Domestic Content Rules

Over the past year and a half, the government has launched several policy measures to support the domestic solar manufacturing industry — these range from the imposition of a safeguard ...
Has Safeguard Duty Created a Market for Domestic Small-Scale Solar Manufacturers_

Has Safeguard Duty Created a Market for Domestic Small-Scale Solar Manufacturers?

In July 2018, the Directorate General of Trade Remedies (DGTR) recommended a safeguard duty on cells and modules imported from China and Malaysia, which upended the solar supply chain in ...
Solar Tender Announcements dropped in September while Auction Activity Increased

Solar Tender Announcements Dropped in September While Auction Activity Increased

After a surge in the solar tender announcements in August, the tender activity dropped by almost half while auctions increased in September 2019. Nearly 3 GW of solar tenders were ...