Supreme Court ReNew Power MPPMCL

Supreme Court Stays Jabalpur High Court’s Order Jeopardizing 51 MW of Solar in Madhya Pradesh

The 51 MW solar project developed by ReNew Power in Vijaypur, Madhya Pradesh is in jeopardy after the Supreme Court of India  issued a stay order on the Jabalpur High ...
/ Markets & Policy, Solar
REC Solar Exec: Shift Towards Quality is Fueling Our Growth

REC Solar Exec: Shift Towards Quality is Fueling Our Growth

Anti-dumping investigations are underway in the U.S. and India – two of the world’s largest solar markets – and it appears likely to result in the imposition of tariffs. The ...
/ Markets & Policy, Solar
China Expected to Install a Whopping 50 GW of Solar in 2017 - AECEA

China Expected to Install a Whopping 50 GW of Solar in 2017 – AECEA

After adding an astonishing 34.54 GW of solar PV power generation capacity in 2016, representing a 128 percent increase year-over-year, who would have even remotely anticipated that China would be ...
/ Markets & Policy, Solar
Orange Renewable Commissions 140 MW of Solar

Orange Renewable Commissions 140 MW of Solar

Orange Renewable, a subsidiary of Singapore-based AT Holdings Pte. Ltd, has commissioned solar projects totaling 140 MW in India. These projects are in the states of Maharashtra and Gujarat. According ...
/ Solar, Utility Scale
Jharkhand Issues Tender to Power 47 Villages with Solar Projects

Jharkhand Issues Tender to Power 47 Villages with Solar Projects

The Jharkhand Renewable Energy Development Agency (JREDA) has issued a tender for the electrification of 47 villages under a decentralized distributed generation program under the Deendayal Upadhyay Gram Jyoti Yojana ...
/ Off-grid, Solar
Solar Tariffs in DCR Auctions Decline

Solar Tariffs in DCR Auctions Decline by 35 Percent in a Year

The tariff for solar projects developed under India’s domestic content requirement (DCR) category has declined by 35 percent during the past year as aggressive bidding trend continues. Earlier this month, ...
/ Solar, Tenders & Auctions
RREC Tenders Grid-Connected Rooftop Solar Projects in Rajasthan

RREC Tenders 18 MW of Grid-Connected Rooftop Solar Projects in Rajasthan

The Rajasthan Renewable Energy Corporation (RREC) has tendered 18 MW of grid-connected rooftop solar projects under the RREC’s rooftop power generation program for 2017-18. The projects will be developed in ...
/ Solar, Tenders & Auctions
NSPCL Tenders Solar Project in West Bengal

NSPCL Tenders a 25 MW Solar Project in West Bengal

NTPC SAIL Power Company Limited (NSPCL), a joint venture of National Thermal Power Corporation (NTPC) and Steel Authority of India Limited (SAIL), tendered a 25 MW solar photovoltaic power project ...
/ Solar, Tenders & Auctions
IREDA Green Masala Bonds

IREDA Raises $300 Million through Green Masala Bonds

The Indian Renewable Energy Development Agency (IREDA) raised $300 million (~₹19.5 billion) through the issuance of Green Masala Bonds on the Singapore Exchange (SGX). The agency issued a five-year green ...
/ Finance and M&A, Solar
Secunderabad First Green Railway Station

Secunderabad Railway Station Certified as India’s First Green Railway Station

The Indian Green Building Council – Confederation of Industry (IGBC-CII) has certified Secunderabad Railway Station as India’s first Green Railway Station. The Secunderabad Railway Station has received a IGBC – ...
/ Commercial, Solar
NTPC Azure DCR Auction Winner

BREAKING: Azure Power Wins NTPC’s 250 MW DCR Solar Auction with a Low Bid of ₹3.14/kWh

Azure Power has emerged as the lowest (L1) bidder in the recently conducted 250 MW solar auction. The project will be developed under the domestic content requirement (DCR) category. Azure ...
/ Tenders & Auctions
REIL Tenders 15 MW of Rooftop and Small Solar PV Projects for ONGC

REIL Tenders 15 MW of Rooftop and Small Solar PV Projects for ONGC

Rajasthan Electronics and Instruments Limited (REIL), a joint venture of the Government of India and the Government of Rajasthan, has issued a tender for 15 MW of solar on behalf ...
/ Solar, Tenders & Auctions
RERC Sets Benchmark Tariff for Solar PV Projects in Rajasthan

RERC Sets Benchmark Tariff of ₹3.93/kWh for Solar PV Projects in Rajasthan for FY 2017-18

The Rajasthan Electricity Regulatory Commission (RERC) has fixed ₹3.93 (~$0.06)/kWh as the generic tariff for solar PV projects without accelerated depreciation (AD) in Rajasthan. The tariff is levelized for 25 ...
/ Markets & Policy, Solar
M-KOPA Solar Secures in Commercial Debt Funding

M-KOPA Solar Secures $80 Million in Commercial Debt Funding

M-KOPA Solar, a pay-as-you-go energy provider to off-grid homes, has secured $80 million of committed financing. The company will utilize the funds over the next three years to provide finance ...
/ Finance and M&A, Solar
Data Points from Renewable Energy in September 2017

Top Headlines and Data Points from Indian Renewable Energy Sector in September 2017

The International Finance Corporation (IFC), a member of the World Bank, will provide a $50 million (~₹3.2 billion) loan to ACME Jaipur Solar Power Private Limited, a wholly-owned subsidiary of ...
/ Markets & Policy, Solar
BEL Tenders Solar Projects Under the Domestic Content Category

BEL Tenders 6 MW of Solar Projects Under the Domestic Content Category

Bharat Electronics Limited (BEL), a Government of India enterprise, tendered a total of 6 MW (AC) of solar to be developed in three different states in India under the domestic ...
/ Solar, Tenders & Auctions
Mahindra Susten Emerges as Lowest (L1) Bidder

Breaking: Mahindra Susten Emerges as Lowest (L1) Bidder in NLC India’s 20 MW BESS Auction

Mahindra Susten emerged as the lowest (L1) bidder in the 20 MW solar with battery energy storage system (BESS) auction conducted by Neyvveli Lignite Corporation (NLC) India. Mahindra Susten quoted ...
/ Solar, Tenders & Auctions
Reliance Money Secures Loan from IREDA for Renewable Energy Projects

Reliance Money Secures ₹3 Billion Loan from IREDA for Renewable Energy Projects

The Indian Renewable Energy Development Agency (IREDA) will provide loan to the tune of ₹3 billion (~$45.7 million) to Reliance Money, a brand by Reliance Commercial Finance Limited, a subsidiary ...
/ Finance and M&A, Solar
TUV Rheinland Expands in India

TUV Rheinland Expands in India with a €2.5 Million Solar PV Testing Facility

TUV Rheinland India has expanded its footprint in India with the opening of a €2.5 million (~₹192.6 million) facilty in Bangalore to test Solar PV and other technologies. The company ...
/ Markets & Policy, Solar
DuPont Interview

DuPont Interview: Demand for Reliable Materials Rising as India’s Solar Market Matures

The maturation of solar markets in China, India, and the U.S. is creating an increased demand for reliable and durable solar materials. DuPont Photovoltaic Solutions is packing its supply line ...
/ Markets & Policy, Solar
India Solar Auction Activity in September

India Solar Auction Activity Increases in September, Tender Announcements Fall

In September 2017, solar auction activity increased in India. Compared to the 76 MW auctioned in August, 602 MW of solar were auctioned in September. Meanwhile solar tender announcements witnessed ...
/ Solar, Tenders & Auctions
MNRE Issues Draft Technology

MNRE Issues Draft Technology Development and Innovation Policy for New and Renewable Energy

With the Indian renewable sector lacking new technology development, The Ministry of New and Renewable Energy (MNRE) has issued a draft Technology Development and Innovation Policy (TDIP) for New & ...
/ Markets & Policy, Solar
EIB to Provide Funding to Indian Renewable Energy Sector

EIB to Provide €800 Million in Funding to Indian Renewable Energy Sector

The European Investment Bank (EIB) will be providing €800 million (~₹61.3 billion) in funding for renewable energy investment across India. This includes renewable energy financing in partnership with the Indian ...
/ Finance and M&A, Solar
Delayed PPA Signing and Subsidy Reimbursement

Delayed PPA Signing and Subsidy Reimbursement Not Helping the Indian Solar Sector: Interview

As the Indian sector continues to grow there are challenges everywhere but PPA renegotiation and delayed PPA signing, delay in reimbursement of subsidies are particularly troubling. Here is an excerpt ...
/ Markets & Policy, Solar
Non-Solar REC Trading

Non-Solar REC Trading Rises 32 Percent in September

The total number of non-solar renewable energy certificates (RECs) sold in India jumped by 32 percent in September, rising to 382,007 from just 289,505 sold during the previous month. The ...
/ Markets & Policy, Solar