MNRE to Soon Announce Benchmark Cost for Off-Grid and Rooftop Solar for FY 2018-19

MNRE to Soon Announce Benchmark Cost for Off-Grid and Rooftop Solar for FY 2018-19

The Ministry of New and Renewable Energy (MNRE) has notified that it is soon going to announce the new benchmark cost for off-grid solar photovoltaic (PV) systems and rooftop solar ...
/ / Markets & Policy, Solar
MNRE Asks Implementing Agencies to Adhere to Grid-Connected Rooftop Solar Guidelines

MNRE Asks Implementing Agencies to Adhere to Grid-Connected Rooftop Solar Guidelines

In a new notification, the Ministry of New and Renewable Energy (MNRE) has asked all the implementing agencies in the country to adhere to the grid-connected rooftop (GCRT) solar guidelines ...
/ / Markets & Policy, Solar
Over 80% of Recent Solar Auctions in India Won by Larger Solar Developers

Over 80% of Recent Solar Auctions in India Won by Larger Solar Developers

The solar sector in India is rapidly expanding with increasing participation from a mix of domestic and foreign developers. However, a detailed analysis of the winners of major solar auctions ...
/ / Markets & Policy, Solar
Lightsource BP and Everstone Group Form Joint Venture for Green Infrastructure in India

Lightsource BP and Everstone Group Form Joint Venture for Green Infrastructure in India

Lightsource BP, a global renewable energy development firm, and investment firm Everstone Group have teamed up to create a major fund management platform called EverSource Capital for the development of ...
/ / Finance and M&A, Solar
Rajasthan Aims to Cross 3 GW Mark of Installed Solar PV Capacity by April 2019

Rajasthan Aims to Cross 3 GW Mark of Installed Solar PV Capacity by April 2019

Rajasthan is likely to cross 3 GW mark in installed solar photovoltaic (PV) capacity soon, according to the Rajasthan Renewable Energy Corporation (RREC). Twenty solar projects aggregating 1.5 GW in ...
/ / Markets & Policy, Solar
ReNew Power Fined for Project Commissioning Delay but PPA Not Terminated

ReNew Power Fined for Project Commissioning Delay but PPA Not Terminated

The Supreme Court of India has asked renewable energy project developer ReNew Power to pay a penalty of ₹119 million (~$1,827,700) to the Madhya Pradesh Power Management Company Limited (MPPMCL) ...
/ / Markets & Policy, Solar
NLC India May Lose ₹1.36/kWh for 500 MW of Solar Projects Due to Delays in Commissioning

NLC India May Lose ₹1.36/kWh for 500 MW of Solar Projects Due to Delays in Commissioning

Neyveli Lignite Corporation (NLC) India might have to bear a loss of ₹1.36 (~$0.020)/kWh for the 500 MW of grid-connected solar photovoltaic (PV) projects, which are being developed in the ...
/ / Markets & Policy, Solar
SECI Increases Tendered Capacity of Floating Solar Projects in Uttar Pradesh to 150 MW

SECI Increases Tendered Capacity of Floating Solar Projects in Uttar Pradesh to 150 MW

The Solar Energy Corporation of India (SECI) has increased the capacity of the recently tendered floating solar photovoltaic (PV) projects in the state of Uttar Pradesh from 100 MW to ...
Downing Commissions 20 MW of Open Access Solar Projects in Telangana and Andhra Pradesh

Downing Commissions 20 MW of Open Access Solar Projects in Telangana and Andhra Pradesh

United Kingdom-based investor firm Downing has successfully commissioned 20 MW of open access solar projects in the southern states of Telangana and Andhra Pradesh. Downing is working in collaboration with ...
Update: MNRE Clarifications on Change in Law for Solar Projects

Update: MNRE Clarifications on Change in Law for Solar Projects

The Ministry of New and Renewable Energy (MNRE) recently issued a clarification on the August 2017 guidelines for the tariff-based competitive bidding process for  grid-connected solar photovoltaic (PV) projects. However, ...
Lack of Clarity in Safeguard Duty Pass-Through Option is Stifling Solar Project Development

Lack of Clarity on Safeguard Duty Pass-Through Option is Stifling Solar Project Development

The current widespread sentiment in the country’s solar industry is that of discontent and uncertainty, with sprinkles of hope. While the government’s ambitious solar trajectory is inching closer to its ...
/ / Markets & Policy, Solar
GUVNL Cancels Recently Held 500 MW Solar Auction Citing High Tariffs

GUVNL Cancels Recently Held 500 MW Solar Auction Citing High Tariffs

The Gujarat Urja Vikas Nigam Limited (GUVNL) has scrapped the recently conducted auction for the development of  500 MW of grid-connected solar photovoltaic (PV) projects in the state. According to ...
Tamil Nadu Sets ₹2.86/kWh as the New Levelized Generic Tariff for Wind Projects

Tamil Nadu Sets ₹2.86/kWh as the New Levelized Generic Tariff for Wind Projects

The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a new levelized generic tariff for the procurement of wind-based power in the state for the financial year (FY) 2018-19. The ...
Solar Solutions Provider d.light Raises $50 Million in Debt Financing

Solar Solutions Provider d.light Raises $50 Million in Debt Financing

Off-grid solar solutions provider d.light has successfully raised $50 million in funding from the European Investment Bank (EIB), responsAbility Investments, Social Investment Managers & Advisors (SIMA), SunFunder, and another mission ...
Mahindra Susten Emerges as Lowest Bidder in NLC India’s 20 MW Solar with BESS Auction

Mahindra Susten Emerges as Lowest Bidder in NLC India’s 20 MW Solar with BESS Auction

Mahindra Susten has emerged as the lowest (L1) bidder in the auction held by Neyveli Lignite Corporation (NLC) India for the development of 20 MW of solar project with battery ...
Madras High Court Dismisses Petition Filed Against Levy of Safeguard Duty

Madras High Court Dismisses Petition Filed Against Levy of Safeguard Duty

The Madras High Court has dismissed the writ petition filed by domestic project developer Shapoorji & Pallonji against the levy of 70 percent safeguard duty for 200 days as prescribed ...
/ / Markets & Policy, Solar
Mangalore Refinery and Petrochemicals Commissions a 6 MW Solar Project in Karnataka

Mangalore Refinery and Petrochemicals Commissions 6 MW of Solar Projects

Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of India’s state Oil and Natural Gas Corp. (ONGC), has commissioned solar photovoltaic (PV) projects aggregating 6.063 MW within the MRPL refinery ...
/ / Markets & Policy, Solar
NREDCAP Issues Empanelment Tender for 35 MW of Rooftop Solar Projects

NREDCAP Issues Empanelment Tender for 35 MW of Rooftop Solar Projects

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has issued an empanelment tender for rooftop solar installers in the state. The tender covers rooftop solar projects with ...
World Bank Approves $55 Million for Renewable Energy in Bangladesh

World Bank Approves $55 Million for Renewable Energy in Bangladesh

The World Bank has approved $55 million in financing to expand the use of renewable energy in rural areas of Bangladesh that grid electricity cannot easily reach. The funds will ...
/ / Finance and M&A, Solar
APTEL Dismisses Petitions Against New Solar and Non-Solar REC Pricing Issued by CERC

APTEL Dismisses Petitions Against New Solar and Non-Solar REC Pricing Issued by CERC

The Appellate Tribunal of Electricity (APTEL) has dismissed petitions filed by stakeholders against the issue of new forbearance and floor prices for solar and non-solar renewable energy certificates (RECs) by ...
/ / Markets & Policy, Solar
UL Interview_ New quality standards for solar modules will help consolidate growth in the Indian solar sector

UL Interview: New Quality Standards for Solar Modules Will Help Consolidate Growth in the Indian Solar Sector

The government’s recently introduced Quality Control Order has received mixed reactions from domestic solar sector stakeholders. A plethora of project developers are unhappy with the timing of the order, though ...
/ / Markets & Policy, Solar
RRECL Issues Counter Offer to Develop 18 MW of Rooftop Solar PV

RRECL Issues Counter Offer to Develop 18 MW of Rooftop Solar PV

The Rajasthan Renewable Energy Corporation Ltd. (RRECL) has issued a counter offer order for the installation of 18 MW of grid‑connected rooftop solar photovoltaic (PV) projects across the state. The ...
/ / Rooftop, Solar
AAI Seeks EPC Contractors to Develop a 1.2 MW of Solar PV Project at Varanasi Airport

AAI Seeks EPC Contractors to Develop a 1.2 MW Solar PV Project at Varanasi Airport

The Airports Authority of India (AAI) is on the lookout for an engineering, procurement, and construction (EPC) contractor to develop a 1.2 MW grid-connected solar photovoltaic (PV) project at the ...
/ / Off-grid, Solar
KREDL Retenders 650 MW of Solar Projects to be Developed at Pavagada Solar Park

KREDL Retenders 650 MW of Solar Projects to be Developed at Pavagada Solar Park

The Karnataka Renewable Energy Development Limited (KREDL) has retendered 650 MW of grid-connected solar photovoltaic (PV) projects to be developed at the Pavagada Solar Park located in the state’s Tumkur ...
Lebanon Invites EOI to Develop 300 MW of Solar Projects with Battery Storage

Lebanon Invites EOI to Develop 300 MW of Solar Projects with Battery Storage

The Lebanese Centre for Energy Conservation (LCEC) has issued a notice inviting Expressions of Interest (EoI) for the development of 300 MW of grid-connected solar photovoltaic (PV) projects with battery ...