Solar Developers Want Government to Penalize Delayed Transmission Projects

Solar Developers Want Government to Penalize Delayed Transmission Projects

Solar power project development slowed down drastically since March when India imposed a lockdown to control the COVID-19 pandemic. Solar installations declined more than 80% in Q2. Only 205 MW ...
COVID or Not, Indian EV Startups Continue to Push Forward

COVID or Not, Indian EV Startups Continue to Push Forward

Historically, mobility and fossil fuels have been inextricably linked, and electric vehicles (EVs) have been on the fringes relevant only in a few niche markets. But with climate change taking ...
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Here are the Top Global Large-Scale Solar Developers in the World

Here are the Top Global Large-Scale Solar Developers in the World

Mercom Capital Group has released a new report revealing the top 10 global large-scale solar PV developers. Adani Green Energy was the top solar photovoltaics (PV) developer in the world ...
Technological Upgrades Imperative for India’s Solar Manufacturing to Take-Off

Technological Upgrades Imperative for India’s Solar Manufacturing to Take-Off

The government of India has been promoting self-reliance and is trying to limit India’s dependence on imports and expand domestic manufacturing capabilities. So far, duties have been the means to ...
Average Cost of Large-Scale and Rooftop Solar Projects Fell in Q2 2020

Average Cost of Large-Scale and Rooftop Solar Projects Fell in Q2 2020

The average large-scale solar project cost was approximately ₹34 million (~$455,532)/MW in the second quarter (Q2) 2020, a decline of 10% from the same period last year, according to Mercom’s ...
Solar Auctions Rise, Tenders Fall in Q2 2020

Solar Auctions Rise, Tenders Fall in Q2 2020

Government agencies announced nearly 6 GW of solar tenders during the second quarter of 2020 (Q2 2020), a 58% decline compared to 13.4 GW in the previous quarter, according to ...
India Installs Just 205 MW of Solar Capacity in Q2 2020

India Installs Just 205 MW of Solar Capacity in Q2 2020

India added only 205 MW of solar capacity in the second quarter of 2020 (Q2 2020), an 81% decline from the previous quarter's 1,090 MW of additions. The findings were ...
As Government Shifts Focus to Solar Manufacturing, RPO Enforcement Becomes More Critical

As Government Shifts Focus to Solar Manufacturing, RPO Enforcement Becomes More Critical

India's push towards transforming the energy sector began a decade ago with the formulation of the National Solar Mission. To enforce policies for renewable energy expansion and create demand, the ...
What it Takes to Ramp Up Solar Manufacturing in India

What it Takes to Ramp Up Solar Manufacturing in India

The Indian solar industry has been dependent on imported solar cells and modules since the inception of the National Solar Mission. The focus so far has been on project development ...
India’s Solar Imports Plunged by 83% in Q2 2020

India’s Solar Imports Plunged by 83% in Q2 2020

Indian solar imports declined by 83% in the second quarter (Q2) of the calendar year (CY) 2020, totaling $69 million (₹5.15 billion) as compared to $399 million (₹29.7 billion) during ...
Pharma and FMCG Companies Could Lead the C&I Market Recovery in Rooftop Solar

Pharma and FMCG Companies Could Lead the C&I Market Recovery in Rooftop Solar Segment

As the economy dwindles, industries worldwide are looking frantically at cost-saving measures to keep profit margins from getting thinner. While some segments of the commercial and industrial sector witnessed a ...
Battery Energy Storage Companies Received $536 Million in VC Funding in 1H of 2020

Battery Energy Storage Companies Received $536 Million in VC Funding in 1H of 2020

Global VC funding (venture capital, private equity, and corporate venture capital) for battery storage, smart grid, and efficiency companies in the first half (1H) of 2020 was down by 51% ...
C&I Customers Need to Think Below 1 MW Solar Installations to Avoid Net Metering Hurdles

C&I Customers Need to Think of Solar Installations Below 1 MW to Avoid Net Metering Hurdles

India’s rooftop solar capacity stood at 4.6 GW at the end of Q1 2020, against the target of 40 GW by 2022. Out of the total capacity, nearly 70% came ...
Wind Power Installations in CY Shrink by 82% YoY

Wind Power Installations in Second Quarter of CY 2020 Shrink by 82% YoY

India installed 136 MW of wind power projects in the second quarter (Q2 2020) of the calendar year (CY), data from the Ministry of New and Renewable Energy (MNRE) showed ...
Adoption of Solar Through Open Access_ Roadblocks and The Road Ahead

Adoption of Solar Through Open Access: Roadblocks and the Road Ahead

In the Indian power sector, open access means a mechanism in which large consumers have access to the transmission and distribution network so that they are free to obtain power ...
Corporate Funding for Solar Slid Globally in 1H 2020 But, It Could Have Been Worse

Corporate Funding for Solar Slid Globally in 1H 2020 But, It Could Have Been Worse

Total corporate funding – including venture capital (VC) funding, public market, and debt financing – dipped 25% to $4.5 billion (~₹336.09 billion) in the first half of 2020 (1H 2020) ...
_Electricity Act Amendment Proposals That Could Invigorate the Renewable Energy Sector

Electricity Act Amendment Proposals That Could Invigorate the Renewable Energy Sector

The Electricity Act of 2003 was enacted by the Government of India to govern the country’s power sector with the best interests of all its stakeholders in mind. The Act’s ...
Industry Says Lockdown + 30-Days Extension for Stranded Solar Projects Not Enough

Industry Says Lockdown + 30-Days Extension for Stranded Solar Projects Not Enough

In April, the Ministry of New and Renewable Energy (MNRE) came up with a blanket commissioning time extension for all renewable energy projects under construction in the country because of ...
After Andhra, Haryana's Flip-Flop on Solar Development is Costing Developers

After Andhra, Haryana’s Flip-Flop on Solar Development is Costing Developers

The 2022 deadline for India's solar target is looming large, and now is the time when all states should be working cohesively towards enabling solar expansion. Instead, several states in ...
Top 5 Operational Solar Parks in India [infographics]

Top 5 Operational Solar Parks in India [Infographics]

Solar parks are a vital piece in India’s solar dream and were designed to reduce bottlenecks and bring down large-scale project development costs by allocating land, and providing transmission infrastructure, ...
Top States for Rooftop Solar Installations [Infographics]

Top States for Rooftop Solar Installations [Infographics]

Cumulative rooftop solar installations in India reached 4.6 GW as of Q1 2020. In the first quarter of 2020, India installed 194 MW of rooftop solar projects, a decline of ...
2022 Deadline for ISTS Waiver Not Enough for Solar Projects Stuck in Limbo Amid COVID-19

2022 Deadline for ISTS Waiver Not Enough for Solar Projects Stuck in Limbo Amid COVID-19

The coronavirus crisis has disrupted the momentum in all segments of the renewable industry. The Ministry of Power’s (MoP) waiver on Interstate Transmission System (ISTS) charge is currently only applicable ...
Top Five States for Utility-Scale Solar Installations [Infographics]

Top Five States for Utility-Scale Solar Installations [Infographics]

During the first quarter of 2020, 886 MW of large-scale solar projects were installed in India, accounting for 82% of overall solar installations, according to Mercom India Research’s Q1 2020 ...
What Value Will ALMM Listing Add to the Solar Industry_

What Value Will ALMM Listing Add to the Solar Industry?

The Ministry of New and Renewable Energy’s (MNRE) proposal to implement its ‘Approved Lists of Models and Manufacturers’ (ALMM) order has raised more questions than it has answered. Why has ...
Renewable Expansion Key to Economic Growth Post-Pandemic

Renewable Expansion Key to Economic Growth Post-Pandemic

As the COVID-19 crisis continues, governments across the world have been forced to take stringent measures to curb its spread. The pandemic has had a deep impact on economies around ...