PPAs for 655 MW Solar Projects in Karnataka to be Signed by March 28, 2018

PPAs for 655 MW Solar Projects in Karnataka to be Signed by March 28, 2018

The deadline for signing the Power Purchase Agreements (PPAs) for 655 MW of grid-connected solar photovoltaic (PV) projects in the state of Karnataka has been extended to March 28, 2018 ...
Karnataka Reduces Banking Period for Solar and Other Renewable Energy Projects

Karnataka Reduces Banking Period for Solar and Other Renewable Energy Projects

The Karnataka Electricity Regulatory Commission (KERC) has reduced the banking period of renewable energy projects from one year to six months. “In partial modification of the KERC order dated July ...
Tamil Nadu to Tender 3 GW of Renewable Energy Capacity

Tamil Nadu Announces Plans to Tender 3 GW of Solar and Wind Projects

The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has revealed plans to tender 3 GW of renewable energy capacity soon. The capacity will consist of 1.5 GW of solar projects ...
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

Spot Power Price Shot Up By 27 Percent in February 2018

The average spot power price recorded in February 2018 shot up by approximately 27 percent when compared to the the price recorded in the same month last year. While the ...
Microsoft Completes its First Renewable Energy Deal in India

Microsoft Completes its First Solar Power Deal in India

American multinational technology company Microsoft has announced the completion of its first renewable energy deal in India. Under the agreement, the company will purchase 3 MW of solar-power from Atria Power for ...
/ / Commercial, Solar
Jharkhand Announces Additional 20 Percent Subsidy for Schools Opting for Rooftop Solar

Jharkhand Announces Additional 20 Percent Subsidy for Schools Opting for Rooftop Solar

Getting a rooftop solar system installed will now get cheaper for a few schools in the state of Jharkhand. The Jharkhand Renewable Energy Development Agency (JREDA) has announced that it ...
/ / Rooftop, Solar
Indian Solar Sector Received Over $10 Billion in Financing During 2017

Indian Solar Sector Received Over $10 Billion in Financing During 2017

In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update ...
/ / Finance and M&A, Solar
1 Million Solar Study Lamps Distributed by Government in Three Indian States

1 Million Solar Study Lamps Distributed by Government in Three Indian States

To compensate for lack of power and erratic supply of electricity in the far-flung regions of the country, the government of India, through the Ministry of New and Renewable Energy ...
/ / Off-grid, Solar
NABARD to Receive $100 Million for the Development of Rooftop Solar in India

NABARD to Receive $100 Million for the Development of Rooftop Solar in India

The National Bank for Agricultural and Rural Development (NABARD) will soon receive a $100 million loan from the Green Climate Fund (GCF) for the development of rooftop solar. The development ...
/ / Finance and M&A, Solar
Maharashtra Auctions 500 MW of Wind Projects to be Developed Across the State

BREAKING: Winning Bids of ₹2.85-2.87/kWh Quoted in MSEDCL’s 500 MW Wind Auction

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has auctioned 500 MW of grid-connected wind projects to meet its non-solar Renewable Purchase Obligation (RPO). The lowest quoted (L1) tariff in ...
SECI Amends RfS Guidelines for 2 GW ISTS-Connected Wind Tranche-IV Tender

SECI Amends RfS Guidelines for 2 GW ISTS-Connected Wind Tranche-IV Tender

The Solar Energy Corporation of India (SECI) has amended the guidelines for the Request for Selection (RfS) to develop 2 GW of Inter-State Transmission System (ISTS)-connected wind power projects under ...
Safeguard Duty Case Update: Parties to Provide Written Submissions to Madras High Court

Safeguard Duty Case Update: Parties to Provide Written Submissions to Madras High Court

The Madras High Court has asked domestic project developer Shapoorji Pallonji and the Office of the Director General (DG) of Safeguards to submit written statements on the ongoing safeguard duty ...
After January Surge, Solar Tender Activity Slowed in February

After January Surge, Solar Tender Activity Slowed in February

After an unprecedented volume of tenders issued in January, implementing agencies could not maintain the momentum in February as bidders became reluctant in the face of potential new tariffs. Tender ...
Solar Solutions Provider Pawame Raises $2 Million to Increase Footprint in Kenya

Solar Solutions Provider Pawame Raises $2 Million to Increase Footprint in Kenya

Abu Dhabi-based off-grid solar power provider Pawame has raised $2 million from Gulf investors to provide sub-Saharan African households with solar power solutions. This seed funding will be utilized by ...
NLC India Tenders 20 MW of Solar with Energy Storage in Andaman & Nicobar

NLC India Tenders 20 MW of Solar with Energy Storage in Andaman & Nicobar

Neyveli Lignite Corporation (NLC) India has tendered 20 MW of grid-connected solar photovoltaic (PV) project with Battery Energy Storage System (BESS) to be developed on the island of Andaman & ...
CERC Issues Generic Tariffs for Select Renewables in FY 2018-19

CERC Issues Generic Tariffs for Select Renewables in FY 2018-19

The Central Electricity Regulatory Commission (CERC) has issued a set of levelized generic tariffs for the purchase of electricity from a host of renewable power generation sources during financial year ...
February 2018 Highlights_ Major Developments in India’s Renewable Energy and Solar Sector

February 2018 Highlights: Major Developments in India’s Renewable Energy and Solar Sector

After a busy month of January, the month of February was relatively quiet and the uncertainties plaguing the sector around trade issues continued. Even the highly anticipated budget turned out ...
Domestic Solar Manufacturers Withdraw Anti-Dumping Petition

BREAKING: Petitioners Withdraw Solar Anti-Dumping Case, to Refile Next Week

In a significant development, Indian solar manufacturers have withdrawn the anti-dumping petition filed with the Ministry of Trade and Commerce against solar cell and module imports from China, Taiwan and ...
/ / Markets & Policy, Solar
US Accepts China’s Invitation to Enter WTO Consultation over its Solar Safeguard Measures

WTO Agrees to Set Up Compliance Panel for the Ongoing India-US Solar Trade Dispute

In a relief for India, the Dispute Settlement Body (DSB) of the World Trade Organization (WTO) has agreed to set up a panel to look into the ongoing trade conflict ...
Solar Module Prices in India Remained High in Q4 2017

Solar Module Prices in India Remained High in Q4 2017

According to Mercom’s 2017 Q4 and Annual India Solar Market Update,  the average selling price (ASP) of Chinese modules rose to $0.36 (~₹23.45)/W in Q4 2017 from $0.35 (~₹22.80)/W in Q3 ...
After January Slump, Non-Solar REC Trading Spikes in February 2018

After January Slump, Non-Solar REC Trading Spikes in February 2018

The number of non-solar Renewable Energy Certificates (RECs) traded in India during February 2018 was roughly double the number traded during January 2018. The increase came as entities pounced on ...
Policy Roundup_ Important Solar Announcements by Government Agencies in February 2018

Policy Roundup: Important Solar Announcements by Government Agencies in February 2018

During the month of February, several important announcements were made by the government to facilitate the country’s transition toward a more sustainable future. The following are some of the key ...
Indian Railways to Tender 5 GW of Solar to Cut Down Power Costs

Indian Railways to Tender 5 GW of Solar to Cut Down Power Costs

The Indian Railways is turning to solar power to cut down its increasing power costs. The Railways will soon launch tenders to set up large-scale solar power projects, inching closer ...
/ / Solar, Tenders & Auctions
M-KOPA Partners with Mastercard to Provide Off-Grid Solar Solutions in Africa

M-KOPA Partners with Mastercard to Provide Off-Grid Solar Solutions in Africa

M-KOPA Solar, a Pay-As-You-Go (PAYG) energy provider to off-grid homes, has partnered with Mastercard to provide electricity access to households in Africa. The partnership will provide Africans living without electricity ...
/ / Markets & Policy, Solar
Delhi Releases Draft Energy Conservation Building Code to Facilitate Rooftop Solar

Delhi Releases Draft Energy Conservation Building Code to Facilitate Rooftop Solar

The Delhi government has released its draft Delhi Energy Conservation Building Code (ECBC) 2018. The draft ECBC aims to create minimum requirements for the energy-efficient design and construction of commercial ...
/ / Markets & Policy, Solar