World Bank Helps Chart Plan to Bring Electricity Access to All Kenyans by 2022

World Bank Helps Chart Plan to Bring Electricity Access to All Kenyans by 2022

The Kenyan government has launched a new program called Kenya National Electrification Strategy (KNES). The ambitious program has been developed in partnership with the World Bank and it aims to provide a ...
/ / Markets & Policy, Solar
Uttar Pradesh Invites Bids for 200 MW in its Private Sector Owned Solar Park

GST Compensation for Solar Projects and Other Policy Highlights from November 2018

The month of November witnessed a series of orders in the renewable energy sector, especially from the State Electricity Regulatory Commissions (SERC). One of the important orders that made headlines ...
/ / Markets & Policy, Solar
Decrease in Cost of Solar by 50% can Increase Solar Penetration by 8 Times: NITI Aayog

African Development Bank Approves $220 Million Loan for a Solar Project in South Africa

The African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion (~$220.3 million) to the 100 MW Redstone concentrated solar power project. The project is located in the ...
/ / Markets & Policy, Solar
Dispute Over One Day Commissioning Delay Causes 30% Solar Tariff Reduction in Karnataka

MNRE Asks Lenders to Insist on BIS Certification of Solar Modules Rather than Tier-1 List

The Ministry of New and Renewable Energy (MNRE) has issued a memorandum concerning the importance of following BIS certification when it comes to quality of solar photovoltaic (PV) modules.  According to ...
/ / Markets & Policy, Solar
Power Sale Agreements for 302 MW of Solar Projects Approved in Maharashtra

Power Sale Agreements for 302 MW of Solar Projects Approved in Maharashtra

The Maharashtra Electricity Regulatory Commission (MERC) has approved power sale agreements (PSAs) for grid-connected solar photovoltaic (PV) projects totaling 302 MW under the Mukhyamantri Saur Krishi Yojana. MERC was reviewing ...
/ / Markets & Policy, Solar
Ceiling Tariff of ₹3.10/kWh Set for Maharashtra’s Solar Agricultural Feeder Program

Month in a Minute: Notable Renewable Energy and Solar News from India in November 2018

November 2018 witnessed some key announcements in the Indian renewable sector. Indian solar imports spiked considerably in the third quarter (Q3) of calendar year (CY) 2018. According to the latest ...
/ / Markets & Policy, Solar
Bihar DISCOMs Liable to Pay Penalty in Case of Non-fulfillment of Solar RPO

Bihar DISCOMs Liable to Pay Penalty in Case of Non-fulfillment of Solar RPO

The Bihar Electricity Regulatory Commission (BERC) has revised the draft regulations pertaining to Renewable Purchase Obligation (RPO) compliance and Renewable Energy Certificate (REC) framework implementation. According to the new provisions, ...
/ / Markets & Policy, Solar
Gujarat Decides to Implement Solar Agricultural Feeder Program on Pilot Basis

Andhra Pradesh: Solar Projects Get ₹3/kWh Tariff After a 20-Month Delay in Commissioning

The Andhra Pradesh Electricity Regulatory Commission (APERC) has set ₹3 (~$0.042)/kWh as the tariff for three grid-connected solar photovoltaic (PV) projects in the state, aggregating 82 MW. The APERC was ...
/ / Markets & Policy, Solar
SECI Amends RfS Guidelines for 2 GW ISTS-Connected Wind Tranche-IV Tender

Torrent Power Gets Approval for Deviation in Guidelines to Procure Solar and Wind Power

The Gujarat Electricity Regulatory Commission (GERC) has approved Torrent Power’s petitions for the acceptance of deviations from the Ministry of Power (MoP)’s guidelines for the procurement of solar and wind ...
/ / Markets & Policy, Solar
SECI’s 1,200 MW Wind Tender Receives Bids Totaling 2,190 MW

Solar REC Trading Slumps While Non-Solar REC Trading Spikes in November 2018

With both solar and non-solar renewable energy certificate (REC) trading undergoing a reversal in the demand-supply situation, trading of solar RECs has witnessed a huge slump even as trade in ...
/ / Markets & Policy, Solar
MIT Research: Driven by Government Policies, Solar Module Prices Fell by 99% in 4 Decades

Is the Indian Solar Market Ready to Make the Transition to Mono PERC Modules?

Consensus in the solar industry is that it is gradually shifting towards monocrystalline cell technology from the more common multicrystalline (also called multicrystalline) cells and modules. The introduction of passivated ...
/ / Markets & Policy, Solar
Solar RPO In India

Noida Power Company’s Roadmap for Solar and Non-Solar RPO Fulfilment Gets its Go-Ahead

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has accepted the submissions made by Noida Power Company Limited (NPCL) pertaining to the fulfilment of past renewable purchase obligations (RPO). NPCL’s submissions ...
/ / Markets & Policy, Solar
Sindicatum Renewables Lists Green Bonds On London Stock Exchange

Sindicatum Renewables Lists Green Bonds On London Stock Exchange

Sindicatum Renewable Energy Company Pte Ltd (Sindicatum), a developer and operator of clean energy projects in Asia, has listed its three guaranteed Indian Rupee (₹) and Philippine Peso (PHP) green ...
/ / Markets & Policy, Solar
Tariff Disputes Threaten to Stall 970 MW of Solar Projects in Karnataka

200 MW of Solar Projects to be Developed in Kerala under IPP Mode

The Kerala State Electricity Regulatory Commission (KSERC) has approved the petition filed by the Kerala State Electricity Board (KSEB) seeking its nod for 200 MW of solar photovoltaic (PV) projects ...
/ / Markets & Policy, Solar
Tata Power’s Renewables Business Profit Jumps to ₹720 million in Q3 FY2018

Rise in Module Shipments Help Jinko Solar Increase Its Gross Profit by 37% in Q3 2018

Jinko Solar, a Chinese solar module and cell manufacturer, has announced its financial results for the third quarter (Q3) ending September 2018. The company’s total revenue for Q3 2018 was RMB 6.69 ...
/ / Markets & Policy, Solar
Gujarat Floats Tender for 700 MW of Grid-Connected Solar Projects

Maharashtra’s Renewable Energy Policy 2008 Does Not Include Solar: MERC

The Maharashtra Electricity Regulatory Commission (MERC) has directed Adani Electricity Mumbai Ltd (AEML) not to pay any benefits to open access solar projects aggregating 6 MW. These projects were developed under the ...
/ / Markets & Policy, Solar
New Guidelines for Distributed Solar Projects in Andaman & Nicobar and Lakshadweep

New Guidelines for Distributed Solar Projects in Andaman & Nicobar and Lakshadweep

The Ministry of New and Renewable Energy (MNRE) has extended the implementation timeline of distributed grid-connected solar power projects in Andaman & Nicobar, and Lakshadweep islands. In order to allow ...
/ / Markets & Policy, Solar
SECI Scraps 300 MW Solar Capacity Awarded to Adani Green

European Union to Join Hands with India for the Growth of Sustainable Technologies

The European Union (EU) has issued a joint communication to the European Parliament and the Council through which the EU aims to reinforce EU-India strategic partnership, build a strong partnership ...
/ / Markets & Policy, Solar
Solar Imports and Exports

India’s Solar Exports Jumped by 223% While Imports Increased by 38% in Q3 2018

Indian solar imports spiked considerably in the third quarter (Q3) of calendar year (CY) 2018. According to the latest data from the Department of Commerce, solar modules and cells worth ...
/ / Markets & Policy, Solar
Gujarat Decides to Implement Solar Agricultural Feeder Program on Pilot Basis

Oman’s PDO Awards 100 MW Solar Project to Marubeni Consortium

Petroleum Development Oman (PDO), a state owned oil producer in Oman, has announced that it has allocated a 100 MW solar project to the Marubeni Consortium, a consortium comprising the ...
/ / Markets & Policy, Solar
Solar Project Developers Request Government to Reconsider Proposal on Tariff Caps

Oman’s 500 MW Solar Project Attracts Bids from Three International Consortia

The Oman Power and Water Procurement company (OPWP) has announced that it has received bids from three international consortia for the development of 500 MW large utility scale solar PV ...
/ / Markets & Policy, Solar
Renesola Announces Gross Profits of $8.6 Million in Q3 2018

Renesola Announces Gross Profits of $8.6 Million in Q3 2018

ReneSola Ltd, a fully integrated solar project developer and operator, has announced its unaudited financial results for the third quarter (Q3), ending September 2018. The gross profit was $8.6 million, compared ...
/ / Markets & Policy, Solar
MAHAGENCO Invites EoI to Set up Solar Manufacturing Unit in Maharashtra

OPIC provides $5.8 million to Solar Installation Company CrossBoundary Energy in Africa

The Overseas Private Investment Corporation (OPIC), a United States Government agency, has provided 600 million shillings (~$5.86 million) to CrossBoundary Energy, a Nairobi-based company which funds commercial and industrial solar ...
/ / Markets & Policy, Solar
Japan’s Proposal to Rollback on Solar Subsidy Angers Investors and Operators

Japan’s Proposal to Rollback Solar Subsidy Angers Investors and Operators

Japan’s Ministry of Economy, Trade and Industry (METI) has proposed that companies granted permits for solar projects between the fiscal years of 2012 to 2014 under Feed-In-Tariffs (FiT) should submit ...
/ / Markets & Policy, Solar
Sri Lanka Faces Arbitration Case Over Cancellation of Wind-Solar Hybrid Power Project

Tamil Nadu Gets Final Approval to Changes in RfS to Issue 3 GW of Solar and Wind Tenders

In a move that could enhance the financial viability of Tamil Nadu Generation and Distribution Corporation (TANGEDCO), the Tamil Nadu Electricity Regulatory Commission (TNERC) has accepted the request for modifications ...
/ / Markets & Policy, Solar