Markets & Policy

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RERC Upholds Penalty for Failure to Comply with Renewable Energy Regulations

The Rajasthan Electricity Regulatory Commission (RERC) has dismissed a petition filed by Star Cotspin against the imposition of fixed charges amounting to ₹3,281,040...

November 21, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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India Adds an Unprecedented 16 GW Solar Capacity in 9M 2024

India added 16.4 GW of solar capacity in the first nine months (9M) of 2024, a 167% year-over-year (YoY) increase from 6.2 GW in 9M 2023, according to Mercom India...

November 21, 2024

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Arjun Joshi

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Markets & Policy

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Mercom Research Focus

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Solar
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Maxeon Solar Modules Detained by US Customs Authority

U.S. Customs and Border Protection (CBP) continues to detain solar panels manufactured by Maxeon Solar Technologies in Mexico. This detention, which began in early July...

November 21, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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ReNew’s Revenue, Profit Up in Q2 FY25 as Commissioned Renewable Capacity Grows

Independent renewable energy producer ReNew Power reported revenue of ₹29.9 billion ($357 million) during the second quarter (Q2) of the financial year (FY) 2025, a 4.4%...

November 20, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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MNRE Sets Terms for Real Estate Developers to Avail CFA Under PM Surya Ghar

The Ministry of New and Renewable Energy (MNRE) will extend Central Financial Assistance (CFA) to real estate developers/promoters only after the submission of an...

November 20, 2024

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Staff

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Markets & Policy

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Rooftop

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Solar
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Adani Acquires Project to Evacuate 7 GW of Renewable Energy from Khavda

Government-owned Power Finance Corporation (PFC) has transferred its special purpose vehicle Pune-III Transmission to Adani Energy Solutions, which emerged as the...

November 20, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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China to Slash Export Tax Rebates for Solar Products from 13% to 9%

China has announced it will lower the export tax rebate rate for solar photovoltaic products and batteries from 13% to 9% starting December 1, 2024. It also eliminates...

November 18, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Government Eases Environmental Clearance Procedure for Solar and Wind Projects

The Ministry of Environment, Forests, and Climate Change (MoEFCC) has exempted solar module manufacturing units, solar power projects, wind power projects, and mini...

November 18, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Global Clean Energy Sector Added 1.5 Million Jobs in 2023: IEA Report

Energy job growth was fuelled by record levels of investment across a wide range of energy sources in the wake of the global energy crisis. Job growth in clean energy...

November 18, 2024

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Staff

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Markets & Policy

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Solar

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Wind
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CERC Proposes New Regulations for Trading in Carbon Credit Certificates

The Central Electricity Regulatory Commission (CERC) has released a draft notification outlining new regulations for purchasing and selling Carbon Credit Certificates...

November 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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UAE’s Masdar Signs Investment Agreement for 1 GW Wind Project in Kazakhstan

UAE-based renewable energy company Masdar has signed an investment agreement with its partners to develop a 1 GW wind energy project in Kazakhstan’s Jambyl region. The...

November 14, 2024

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Staff

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Markets & Policy

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Wind
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Shoals’ Revenue Drops 23.9% in Q3 2024 Amid Project Delays and Supply Chain Issues

U.S.-headquartered Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage and emobility, reported a 23.9%...

November 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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GERC Approves Tariffs for 259 MW Solar Projects Under KUSUM

The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs for 101 solar power projects of Paschim Gujarat Vij Company (PGVCL) with a total capacity of...

November 13, 2024

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Tina Freese

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Markets & Policy

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Solar
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High Court Clears Hurdles in Privatization of Chandigarh DISCOM

The Punjab and Haryana High Court has cleared the decks for the privatization of electricity services in the Union Territory (UT) of Chandigarh, maintaining that it is...

November 13, 2024

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B.S. Nagaraj

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Grid

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Markets & Policy

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T&D

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Utilities
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PFC’s Q2 FY 2025 Proft Rises 13.6%, Loan Asset Quality Improves

Government-owned Power Finance Corporation (PFC) has recorded a net profit of ₹43.70 billion (~$524.5 million) during the second quarter (Q2) of the financial year (FY)...

November 12, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy

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