Uttar Pradesh Approves ReNew Power’s Bid to Develop 100 MW of Floating Solar Projects

Uttar Pradesh Approves ReNew Power’s Bid to Develop 100 MW of Floating Solar Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the opening and finalization of bids for the development of 100 MW of floating solar photovoltaic (PV) projects in the state. The ...
/ / Markets & Policy, Solar
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

NBFC Electronica Finance Issues Green Masala Bonds Worth $10 Million

Zurich-based responsAbility AG, a leading asset manager for impact investments in emerging economies, has inked an agreement with Pune-based non-banking financial company (NBFC) Electronica Finance Limited (EFL) for the issuance ...
/ / Markets & Policy, Solar
ACME to Reduce its IPO Size from ₹22 billion to ₹10-15 billion

Solar EPC Company Sterling and Wilson Files for ₹45 Billion IPO

Sterling and Wilson Solar Limited, an engineering, procurement, and construction (EPC) company of Shapoorji Pallonji Group, has filed a draft red herring prospectus as part of its planned initial public ...
/ / Markets & Policy, Solar
2019 Begins with a Sharp Decline in Solar Auction Activity While 6.5 GW of solar capa

Indian Solar Industry Sluggish Amid General Elections

The 2019 general elections are currently underway in India. In recent months, with the country gearing up for one of the biggest democratic exercises, the solar tender and auction activity ...
/ / Markets & Policy, Solar
Adani Seeks Bidders to Purchase 700 MW of Solar Power, With 350 MW under Greenshoe Option

Investment in Indian Solar Sector Dips to $9.8 Billion in 2018

In 2018, investments in the Indian solar sector totaled approximately $9.8 billion compared to 2017, in which almost $11.5 billion flowed into the Indian solar sector.  2018 witnessed a decline ...
/ / Markets & Policy, Solar
Dubai’s AMEA Power Achieves Financial Closure for a 50 MW Solar Project in Jordan

Dubai’s AMEA Power Achieves Financial Closure for a 50 MW Solar Project in Jordan

Renewable energy project developer, AMEA, has announced financial closure for a 50 MW solar project in Jordan. The company has announced that it has secured $74 million for the Al ...
/ / Markets & Policy, Solar
NHPC Invites EPC Contractors to Construct a 40 MW Solar Project in Odisha

Any Tax Levied Through an Act of Parliament Resulting in Extra Cost is ‘Change in Law’: CERC

The Central Electricity Regulatory Commission (CERC) has observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under the ...
/ / Markets & Policy, Solar
Uttar Pradesh to Charge Developers for Under and Over Generation of Solar and Wind Power

China Plans to Prioritize Non-Subsidized Wind and Solar Projects

China is prioritizing unsubsidized wind and solar photovoltaic (PV) projects. China’s National Energy Administration (NEA), has organized and drafted a project report on promoting non-subsidized affordable projects for wind and ...
/ / Markets & Policy, Solar
SECI Issues Tender for 3 MW of Solar Projects with Battery Energy Storage System

Ongoing General Elections Delay Land Allotment for 7.5 GW of Solar Projects in Leh and Kargil

The Solar Energy Corporation of India Ltd. (SECI) officials recently met with the additional deputy commissioner (ADC) of Leh to arrange a visit to assess the land for the upcoming ...
/ / Markets & Policy, Solar
Industrial and Commercial Consumers to Pay for Solar Pumps for Farmers in Maharashtra

MNRE Issues Blueprint for Testing Solar Pump Controllers

The Ministry of New and Renewable Energy (MNRE) has issued draft specifications and testing procedures for universal solar pump controllers (USPC). The draft is up for comments up to April ...
/ / Markets & Policy, Solar
International Solar Alliance Gets a New Member_ Bolivia

CERC Rules Against Power Grid, Provides Relief to Solar Developer in Madhya Pradesh

The Central Electricity Regulatory Commission (CERC) has quashed a transmission service agreement (TSA) termination notice that was issued by the Power Grid Corporation of India Limited (PGCIL) to SEI Sunshine ...
/ / Markets & Policy, Solar
SECI Auctions 200 MW of Solar Projects to be Developed in Karnataka’s Pavagada

Karnataka’s Pavagada Solar Park to be Fully Operational by December 2019

At Karnataka’s Pavagada Solar Park, approximately 1,400 MW of grid-connected solar photovoltaic (PV) projects are operational today. Recently, ReNew Power commissioned 300 MW of solar PV capacity at the park ...
/ / Markets & Policy, Solar
Why the 2.4 GW Solar Auction Was Cancelled

Haryana to Follow Latest MNRE Competitive Bidding Guidelines for 300 MW Solar Auction

The Haryana Electricity Regulatory Commission (HERC) has asked the Haryana Power Purchase Centre (HPPC) to follow the latest competitive bidding guidelines issued by the Ministry of New and Renewable Energy ...
/ / Markets & Policy, Solar
MNRE Issues Draft Guidelines for Grouping Solar PV Inverters for Testing in Labs

MNRE Issues Draft Guidelines for Grouping Solar PV Inverters for Testing in Labs

The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for series approval (grouping) of solar photovoltaic (PV) inverters to conduct testing in labs for Implementation of “Quality ...
/ / Markets & Policy, Solar
Sri Lanka to Develop 28 Small Solar Power Projects

Adani to Remove Domestic Content Requirement for 700 MW Solar Auction

The Maharashtra Electricity Regulatory Commission (MERC) has approved Adani Electricity Mumbai Limited’s (AEML) request to initiate the bidding process for 700 MW of solar without the domestic content requirement condition ...
/ / Markets & Policy, Solar
Adani Electricity Mumbai has Time Until March 2020 to Comply with RPO

Adani Electricity Mumbai Has Time Until March 2020 to Comply with RPO

Government agencies in India are taking renewable purchase obligation (RPO) compliance cases seriously, and entities are being brought to task by state electricity regulatory commissions after the creation of RPO ...
MNRE Suggests Mandatory Recycling of Solar Panel Glass Containing Antimony

MNRE Suggests Mandatory Recycling of Solar Panel Glass Containing Antimony

The Ministry of New and Renewable Energy (MNRE) has issued a blueprint for the utilization, manufacture, disposal, and import of solar photovoltaic (PV) module and glass containing Antimony. Antimony is ...
Here are the 2018 Market Leaders in India’s Solar Industry

Here are the 2018 Market Leaders in India’s Solar Industry

In 2018, India was again the third largest solar market behind China and the United States with 8.3 GW of solar PV capacity installed in the year. Mercom’s newly released ...
/ / Markets & Policy, Solar
International Solar Alliance Gets a New Member_ Bolivia

International Solar Alliance Gets a New Member: Bolivia

Bolivia has signed the framework agreement of the International Solar Alliance (ISA), joining hands with India towards a common goal of sustainability. The ISA is an Indian initiative that was jointly launched ...
MNRE to Hold the Third Edition of RE-INVEST in October 2019

MNRE to Hold the Third Edition of RE-INVEST in October 2019

The Ministry of New and Renewable Energy (MNRE) has released a new circular which states that the third edition of global renewable energy investors’ meet and expo will be held ...
/ / Markets & Policy, Solar
A Roundup of Major Solar and Renewable Energy Policy Updates from March 2019

A Roundup of Major Solar and Renewable Energy Policy Updates from March 2019

March witnessed some big announcements in the Indian renewable industry. Several states issued a flurry of orders on relevant issues like RPO compliance and net-metering policies, which have helped the ...
/ / Markets & Policy, Solar
India Installs 8.3 GW of Solar in 2018

Bihar’s Generic Tariff of Solar Power Remains Unchanged at ₹4.17/kWh for FY19-20

Even as various states announce new applicable generic tariffs for solar power for the new financial year, Bihar has decided to keep the tariff unchanged. In its latest notification, the ...
Bangladesh Signs Agreement with Saudi-Based Alfanar for 100 MW of Solar Power Projects

Generic Tariff for Solar Projects in Tamil Nadu Will Now be ₹3.04/kWh

The Tamil Nadu Electricity Regulatory Commission (TNERC) has fixed the generic tariff for solar photovoltaic (PV) procurement in the state. The TNERC has set ₹3.04 (~$0.044)/kWh without accelerated depreciation (AD) and ...
MERC Asks DISCOM to Reduce ₹0.18_kWh from Solar Tariff to Account for Safeguard Duty

India, China Help Establish Asia’s Leadership Role in Solar: IRENA

Through 2018, the world added 171 GW of renewable energy, witnessing a growth of 7.9 percent in renewable capacity during the year. These findings were revealed by the International Renewable ...
/ / Markets & Policy, Solar
Supreme Court ReNew Power MPPMCL

What Does Supreme Court’s Order Quashing RBI’s NPA Circular Mean for the Solar Sector

Recently, the Supreme Court of India ordered the quashing of a circular issued by the Reserve Bank of India on non-performing assets (NPAs). According to a PTI report, “The Supreme ...