SECI Tenders 3 GW of ISTS-Connected Solar Projects to be Developed Across India

SECI Tenders 3 GW of ISTS-Connected Solar Projects to be Developed Across India

The Solar Energy Corporation of India (SECI) has tendered 3 GW of Inter-State Transmission System (ISTS)- connected solar photovoltaic (PV) projects to be developed across the country. The bid-submission deadline ...
/ / Solar, Tenders & Auctions
Greenko Interview: Recent Low Wind Tariffs Cannot be Compared with Solar

Greenko Interview: Recent Low Wind Tariffs Cannot be Compared with Solar

The introduction of reverse auctions in the wind sector is making the power generation source increasingly competitive with solar and thermal power in India. In a recently concluded 500 MW ...
/ / Markets & Policy, Solar
Over 2 GW of Solar Tenders Postponed Due to Uncertainty Around Safeguard Duty

Over 2 GW of Solar Tenders Postponed Due to Uncertainty Around Safeguard Duty

More than 2 GW of planned solar tenders have been postponed across three Indian states recently as bidders have been deterred by the ongoing uncertainty around proposed duties on critical ...
/ / Markets & Policy, Solar
Saudi Arabia’s Zahid Group Acquires 50 Percent Stake in Greencells Group

ADB to Provide $235 Million Loan for Renewable Projects in ASEAN

The Asian Development Bank (ADB) has agreed to provide a $235 million loan to B. Grimm Power Public Company Limited for the expansion of renewable energy projects in the member ...
/ / Finance and M&A, Solar
Report Finds Municipalities Could Boost Rooftop Solar Adoption Using Bonds

Report Finds Municipalities Could Boost Rooftop Solar Adoption Using Bonds

Although India has so far installed nearly 1.6 GW of rooftop solar capacity, it needs to add another 38.4 GW more if it is going to achieve its targeted goal of ...
/ / Rooftop, Solar
Madras High Court Postpones Safeguard Duty Hearing to March 2, 2018

Madras High Court Postpones Safeguard Duty Hearing to March 2, 2018

The Safeguard Duty case in the Madras High Court will continue to be dragged on for some more time. According to Mercom’s sources in the court, the Madras High Court ...
/ / Markets & Policy, Solar
Off-Grid Solar Solutions Provider SolarHome raises $1.2 Million in Convertible Note Offering

Off-Grid Solar Provider SolarHome raises $1.2 Million in Convertible Note Offering

Singapore-based Pay-As-You-Go (PAYGO) solar off-grid solutions provider SolarHome, announced that it has raised $1.2 million in convertible note offering. According to a press release, SolarHome has raised over $2.3 million in funding to date, having ...
/ / Off-grid, Solar
Use of Mislabeled Imported Panels in DCR Projects to be Penalized

Use of Mislabeled Imported Solar Panels in DCR Projects to be Penalized

The Ministry of New and Renewable Energy (MNRE) has issued an order stating that project developers will be penalized for the utilization of imported solar modules to develop projects under ...
/ / Markets & Policy, Solar
Statkraft BLP Commissions 5 MW Solar Project in Tamil Nadu

Statkraft BLP Commissions 5 MW Solar Project in Tamil Nadu

Solar solutions provider Statkraft BLP Solar Solutions (SBSS) has successfully commissioned a 5 MW solar project in Tamil Nadu’s Gummidipoondi town. The project was developed at the manufacturing facility of ...
/ / Solar, Utility Scale
IREDA Gets a Nod from SEBI to Launch IPO

IREDA Gets a Nod from SEBI to Launch IPO

The Indian Renewable Energy Development Agency (IREDA) has received a green signal from the Securities and Exchange Board of India (SEBI) for the launch of its Initial Public Offering (IPO). Now, ...
/ / Markets & Policy, Solar
MNRE Removes DCR Clause from 5 GW Viability Gap Funding Program

MNRE Removes DCR Clause from 5 GW Viability Gap Funding Program

The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for the implementation of Viability Gap Funding (VGF) program to develop 5 GW of grid-connected solar photovoltaic (PV) ...
/ / Markets & Policy, Solar
Indian Solar Installations Grew by 123% to Reach a Record 9.6 GW in 2017

Indian Solar Installations Grew by 123% to Reach a Record 9.6 GW in 2017

Indian solar installations in calendar year 2017 grew exponentially with the addition of 9,629 MW in new large-scale and rooftop solar capacity. The installation total was more than double the ...
/ / Markets & Policy, Solar
KREDL Extends Bid Submission Deadline for 1.2 GW Solar Tender Up to March 5, 2018

KREDL Extends Bid Submission Deadline for 1.2 GW Solar Tender Up to March 5, 2018

The Karnataka Renewable Energy Development Limited (KREDL) has extended the bid submission deadline for its 1,200 MW grid-connected solar photovoltaic (PV) project tender. Project developers can now submit their bids ...
/ / Solar, Tenders & Auctions
Telangana Issues Empanelment Tender for Rooftop Solar Projects

Telangana Issues Empanelment Tender for Rooftop Solar Projects

Telangana State Renewable Energy Development Corporation (TSREDCO) has issued a tender for the empanelment of rooftop solar installers in the state. The tender covers rooftop solar projects of capacities ranging ...
/ / Solar, Tenders & Auctions
Afghanistan’s Power Utility Enters PPAs for 30 MW Grid-Connected Solar Projects

Afghanistan’s Power Utility Enters PPAs for 30 MW Grid-Connected Solar Projects

The national power utility of Afghanistan, Da Afghanistan Breshna Sherkat (DABS), has entered Power Purchase Agreements (PPAs) for the purchase of power from two grid-connected solar PV projects. The two ...
/ / Markets & Policy, Solar
ReNew Power Signs Pact with Maharashtra Government for Investment Worth $2.17 Billion

ReNew Power Signs Pact with Maharashtra Government for Investment Worth $2.17 Billion

Indian renewable energy project developer ReNew Power has announced that it has inked a pact with the Maharashtra government for a proposed investment of ₹140 billion (~$2.17 billion) for the ...
/ / Markets & Policy, Solar
Karnataka High Court Puts Stay on KREDL’s 860 MW Solar Auction

Karnataka High Court Puts Stay on KREDL’s 860 MW Solar Auction

The Karnataka High Court has put a stay on the 860 MW grid-connected solar photovoltaic (PV) project tender auctioned by Karnataka Renewable Energy Development Limited (KREDL). The High Court’s order ...
/ / Solar, Tenders & Auctions
AT&C Losses Increased in Many States Under UDAY Program in 2017

AT&C Losses Increased in Many States Under UDAY Program in 2017

The aggregate technical and commercial (AT&C) losses for the states and union territories under the Ujwal DISCOM Assurance Yojana (UDAY) program increased in the past one year, according to government ...
/ / Markets & Policy, Other
Equis Energy Achieves Financial Closure For 127 MW Solar PV Project in Australia

Equis Energy Achieves Financial Closure For 127 MW Solar PV Project in Australia

Equis Energy, a renewable energy independent power producer (IPP), has achieved financial closure for the 127 MW Tailem Bend solar photovoltaic (PV) project in southern Australia. The construction work for ...
/ / Finance and M&A, Solar
Maharashtra’s New Textile Policy Promotes Utilization of Renewable Energy Sources

Maharashtra’s New Textile Policy Promotes Utilization of Renewable Energy Sources

The state government of Maharashtra has issued a new textile policy in a bid to make the state’s textile industry more profitable in the coming years. The new textile policy ...
/ / Markets & Policy, Solar
KSERC Sets ₹3.90/kWh as Interim Tariff for Power Purchased from IREDA

KSERC Sets ₹3.90/kWh as Interim Tariff for Power Purchased from IREDA

The Kerala State Electricity Regulatory Commission (KSERC) has approved ₹3.90 (~$0.062)/kWh as the interim tariff for the electricity supplied from the 50 MW Kasargod Solar Park set up in Ambalathara ...
/ / Markets & Policy, Solar
MNRE Extends Project Commissioning Timeline for NREDCAP’s 30 MW Rooftop Solar Projects

MNRE Extends Project Commissioning Timeline for NREDCAP’s 30 MW Rooftop Solar Projects

The Ministry of New and Renewable Energy (MNRE) has extended the project commissioning timeframe for 30 MW of grid-connected rooftop solar photovoltaic (PV) projects which are under development in the ...
/ / Markets & Policy, Solar
Odisha Removes Upper Limit of 1 MW for Net-Metered Rooftop Solar Projects

Odisha Removes Upper Limit of 1 MW for Net-Metered Rooftop Solar Projects

Odisha Electricity Regulatory Commission (OERC) has removed the upper cap of 1 MW for rooftop solar projects in the state. The removal of the upper ceiling was part of the ...
/ / Markets & Policy, Solar
Interview: Cancelling Energy Storage Tenders Sends a Wrong Signal to the World

Interview: Cancelling Energy Storage Tenders Sends Wrong Signal to the World

India’s energy storage industry is not yet at the same level as more advanced global players, but the pricing, efficiency, scale, and technology of the country’s domestic manufacturers is undergoing ...
/ / Markets & Policy, Solar
China Installs Record 53 GW of Solar PV in 2017

China Installs Record 53 GW of Solar PV in 2017

The year 2017 proved to be an outstanding one for China’s solar industry. The country added an astounding 53.06 GW in solar installations a 54 percent Year over Year (YoY) ...
/ / Markets & Policy, Solar