Tender Issued to Solarize 25,000 Agricultural Pumps in Punjab

Tender Issued to Solarize 25,000 Agricultural Pumps in Punjab

Punjab Energy Development Agency (PEDA) has invited bids to commission 29 solar projects with a cumulative capacity of 53.69 MW and associated transmission lines in the Renewable Energy Service Company ...
/ / Solar, Tenders & Auctions
Funding and M&A Roundup: Tesseract Raises $78 Million in Funding

Funding and M&A Roundup: Tesseract Raises $78 Million in Funding

From: Mercom Capital Group Tesseract, a vertically integrated company that purchases energy from generators at fixed prices and then offers it to consumers, raised $78 million to buy and build selected renewable energy ...
/ / Finance and M&A, Solar
Punjab Commission Quashes DISCOM's Decision to Terminate PPAs of Two Solar Projects

Punjab Commission Quashes DISCOM’s Decision to Terminate PPAs of Two Solar Projects

The Punjab State Electricity Regulatory Commission (PSERC) recently quashed the order of the Punjab State Power Corporation (PSPCL) terminating the power purchase agreements (PPAs) for procuring power from two solar ...
/ / Markets & Policy, Solar
Bids Invited to Install 3.1 MW of Rooftop Solar Systems at Telangana Government Schools

Bids Invited to Install 3.1 MW of Rooftop Solar Systems at Telangana Government Schools

Telangana State Renewable Energy Development Corporation (TSREDCO) has invited bids to install and commission 3.07 MW of grid-connected rooftop solar systems of various capacities with net metering at 1,521 government ...
/ / Solar, Tenders & Auctions
Indian Oil Invites Bids for 1.5 MW of Captive Solar Projects in Uttar Pradesh

Indian Oil Invites Bids for 1.5 MW of Captive Solar Projects in Uttar Pradesh

Indian Oil Corporation (IOCL) has invited bids for engineering, procurement, and construction (EPC) of 1.485 MW of grid-connected captive solar power projects at its bottling plants in Uttar Pradesh. The ...
/ / Solar, Tenders & Auctions
NHDC Issues EPC Tender for an 8 MW Solar Power Project in Madhya Pradesh

NHDC Issues EPC Tender for an 8 MW Solar Power Project in Madhya Pradesh

NHDC, a joint venture between the Government of Madhya Pradesh and NHPC, has issued a notice inviting tender (NIT) for the engineering, procurement, and construction (EPC) of an 8 MW ...
/ / Solar, Tenders & Auctions
Rajasthan Commission Approves Safeguard Duty, GST, and BCD as 'Change in Law' Events

Rajasthan Commission Approves Safeguard Duty, GST, and BCD as ‘Change in Law’ Events

The Rajasthan Electricity Regulatory Commission (RERC) recently ruled that the change in rates of safeguard duty, basic customs duty (BCD) on inverters, levy of BCD on the import of solar ...
/ / Markets & Policy, Solar
Jharkhand Regulator Allows DISCOM to Purchase 700 MW of Solar Power to Fulfil its RPO

Jharkhand Regulator Allows DISCOM to Purchase 700 MW of Solar Power to Fulfil its RPO

Jharkhand State Electricity Regulatory Commission (JSERC) has allowed Jharkhand Bijli Vitran Nigam (JBVNL) to procure 700 MW of Inter-State Transmission System (ISTS) connected solar power from Solar Energy Corporation of ...
/ / Markets & Policy, Solar
Why Mandatory Standards for Solar Module Mounting Structures are a Priority

Why Mandatory Standards for Solar Module Mounting Structures are a Priority

The absence of mandatory standards for module mounting structures in solar projects often leads to hidden costs for developers, bringing down the projects' efficiency in the long run while allowing ...
/ / Mercom Research Focus, Solar
US Solar Panel Prices Dropped 11% in 2021 as Shipments Touched Record-high

US Solar Panel Prices Dropped 11% in 2021 as Shipments Touched Record-high

The shipments of solar photovoltaic (PV) modules in the U.S. increased to a record electricity-generating capacity of 28.8 million peak kW in 2021 from 21.8 million peak kW in 2020, ...
Inflation Reduction Act to Help US Solar Installations to Triple by 2027: Report

Inflation Reduction Act to Help US Solar Installations to Triple by 2027: Report

Overall solar installations across all market segments in the United States are likely to triple in size, increasing from 129 GW to 336 GW in the next five years, a ...
/ / Markets & Policy, Solar
CERC Denies Start Date Extension of Medium-Term Open Access for a Solar Project

CERC Denies Start Date Extension of Medium-Term Open Access for a Solar Project

The Central Electricity Regulatory Commission (CERC) recently rejected a solar generator's plea seeking an extension of the start date of medium-term open access (MTOA). It said that the transmission charges ...
/ / Markets & Policy, Solar
Industries in Coimbatore Meet Clean Energy Experts for Solutions to Cut Power Costs

Industries in Coimbatore to Meet Clean Energy Experts for Solutions to Cut Power Costs

In pursuit of clean energy sources to meet their energy needs, Commercial & Industrial (C&I) entities have resorted to rooftop solar because of its easy availability and the savings on ...
/ / Markets & Policy, Solar
Karnataka Tops Power Sellers in Green Day Ahead Market in Q1 2022

Karnataka Tops Power Sellers in Green Day Ahead Market in Q1 2022

Karnataka was the top seller of power in the Green Day Ahead Market (GDAM) in the first quarter (Q1) of 2022, accounting for 58.9% of the total power sold in ...
/ / Mercom Research Focus, Solar
Solar Developer's Plea for Commissioning Deadline Extension Rejected

Solar Developer’s Plea for Commissioning Deadline Extension Rejected

The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently rejected a solar developer's plea seeking an extension of the commissioning deadline on the grounds of 'force majeure' events and said that ...
/ / Markets & Policy, Solar
Websol, Amp Energy Form JV to Manufacture Solar Cells and Modules

Websol, Amp Energy Form JV to Manufacture Solar Cells and Modules

Kolkata-based solar cells and modules manufacturer Websol Energy and Amp Energy India have formed a joint venture to manufacture up to 1.2 GW of mono PERC solar cells and modules ...
Supply Chain Disruptions, Delayed Product Sales Hit ReneSola’s Financials in Q2 2022

Supply Chain Disruptions, Delayed Product Sales Hit ReneSola’s Financials in Q2 2022

ReneSola Power, a solar developer, posted net revenue of $8.6 million for the second quarter (Q2) of 2022, a year-over-year (YoY) fall of 54% from $18.88 million. The company attributed ...
/ / Finance and M&A, Solar
Tata Power to Develop 100 MW Captive Solar Project for Viraj Profile's Steel Plant

Tata Power Renewable Energy to Develop 100 MW Captive Solar Project for a Steel Plant

Tata Power Renewable Energy (TPREL), a wholly-owned subsidiary of Tata Power, will set up a 100 MW captive solar project for stainless steel manufacturer Viraj Profile at Tarapur in Maharashtra ...
Capacity Ceiling for Group and Virtual Net Metering Set at 500 kW in Chhattisgarh

Capacity Ceiling for Group and Virtual Net Metering Set at 500 kW in Chhattisgarh

The capacity of renewable systems installed under group net metering or virtual net metering should not be less than 1 kW and more than 500 kW, according to the 'Group ...
/ / Markets & Policy, Solar
Consultancy Tender Issued for 100 MW of Open Access Solar Projects in Karnataka

Consultancy Tender Issued for 100 MW of Open Access Solar Projects in Karnataka

The Karnataka Milk Producer’s Cooperative Federation (KMF) has issued a request for proposal (RfP) for project management consultancy services to assist the federation in setting up an approximately 100 MW ...
/ / Solar, Tenders & Auctions
NTPC and Avaada Energy Declared Winners in MSEDCL’s 500 MW Solar Auction

NTPC and Avaada Energy Declared Winners in MSEDCL’s 500 MW Solar Auction

NTPC Renewable Energy and Avaada Energy were declared winners in Maharashtra State Electricity Distribution Company’s (MSEDCL) auction to procure power from 500 MW of grid-connected inter or intrastate solar projects ...
/ / Solar, Tenders & Auctions
EPC Tender Floated for 9 MW of Solar Power Projects in Maharashtra

EPC Tender Floated for 9 MW of Solar Power Projects in Maharashtra

Mahasamruddhi Renewable Energy (MREL), a special purpose vehicle of the Maharashtra State Road Development Corporation (MSRDC), has invited bids to install and commission  9 MW of solar power projects in ...
/ / Solar, Tenders & Auctions
Togo Issues RfP to Selected Bidders for a 50 MW Grid-Connected Solar Project

Togo Issues RfP to Select List of Bidders for a 50 MW Solar Project

The government of Togo, a sub-Saharan country in West Africa, has issued a request for proposal (RfP) to a select list of bidders for developing and financing a 50 MW ...
/ / Solar, Tenders & Auctions
Ministry Amends Guidelines to Procure Round-the-Clock Renewable Power

Ministry Amends Guidelines to Procure Round-the-Clock Renewable Power

The Ministry of Power (MoP) has amended the tariff-based competitive bidding process guidelines to procure round-the-clock (RTC) power from grid-connected renewable energy projects. The guidelines were first issued under Section ...
/ / Markets & Policy, Solar
Bids Invited for a 1.5 MW Solar Rooftop System in Gujarat

Bids Invited for a 1.5 MW Rooftop Solar System in Gujarat

The Gujarat State Electricity Corporation Limited (GSECL) has issued a request for proposal (RfP) to select contractors for the design, engineering, supply and procurement, erection, testing, commissioning, and comprehensive operation ...
/ / Solar, Tenders & Auctions