PepsiCo India Allowed to Carry Over Shortfall in Renewable Power Purchase Obligation

PepsiCo India Allowed to Carry Over Shortfall in Renewable Power Purchase Obligation

The Punjab State Electricity Regulatory Commission (PSERC), in a recent order, has allowed beverage major PepsiCo India Holdings to make up for its renewable purchase obligation (RPO) shortfall for the ...
SECI Releases ₹4.91 Billion to Solar, Wind Developers for Power Purchase in April

SECI Releases ₹4.91 Billion to Solar, Wind Developers for Power Purchase in April

The Solar Energy Corporation of India (SECI) paid around ₹4.91 billion (~$67.3 million) to solar and wind developers for the power it purchased in April 2021, mentions the data released ...
ACME Solar Withdraws Termination Petition for 600 MW Project with ₹2.44kWh Tariff

ACME Solar Withdraws Termination Petition for 600 MW Project with ₹2.44/kWh Tariff

The Central Electricity Regulatory Commission (CERC), in a recent order, asked the subsidiaries of ACME Solar developing 600 MW of solar projects in Rajasthan to submit the current status of ...
Solar Developer and NTPC Spar Over GST Compensation Claim

Solar Developer and NTPC Spar Over GST Compensation Claim

Renew Wind Energy (TN2) has filed a petition before the Central Electricity Regulatory Commission (CERC), seeking clarification on a previous order it had passed on considering goods and services tax ...
/ / Markets & Policy, Solar
Surplus Energy By Captive Solar Projects to be Compensated at ₹1.99kWh in Gujarat

Surplus Energy by Captive Solar Projects to be Compensated at ₹1.99/kWh in Gujarat

The Gujarat Urja Vikas Nigam Limited (GUVNL), in a recent notification, announced that the average of solar tariffs discovered and contracted through competitive bidding process conducted by GUVNL for non-park ...
Solar Developers Ask For Stay on Anti-Dumping Probe, Court Gives Time for Feedback

Solar Developers Ask for Stay on Anti-Dumping Probe, Court Gives Time for Feedback

The Delhi High Court has directed the Directorate General of Trade Remedies (DGTR) to extend the deadline for providing feedback for the anti-dumping investigation on imported solar cells and modules ...
MSEDCL Asked Not to Levy Additional Surcharge for a Captive Open Access Solar Project

MSEDCL Asked Not to Levy Additional Surcharge for a Captive Open Access Solar Project

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, asked Exide Industries not to pay any additional surcharge for captive power consumption and directed the Maharashtra State Electricity Distribution ...
New Inverter Technologies Reducing the LCOE of Large-Scale Solar Projects

New Inverter Technologies Reducing the LCOE of Large-Scale Solar Projects

The second wave of the pandemic has been negatively impacting the cost of large-scale solar project development and management. There is also a surge in component prices, adding to the ...
/ / Markets & Policy, Solar
MNRE CPSU

MNRE Increases Time Allowed for Commissioning CPSU Solar Projects to 30 Months

The Ministry of New and Renewable Energy (MNRE) has extended the commissioning for solar projects under Tranche-III of the Central Public Sector Undertaking (CPSU) program Phase-II to 30 months from ...
CERC Approves Tariff for 2 GW of ISTS Solar Projects

CERC Approves Tariff for 2 GW of ISTS Solar Projects

The Central Electricity Regulatory Commission (CERC), in a recent order, has adopted tariffs of ₹2.55 (~$0.034)/kWh and ₹2.56 (~$0.035)/kWh through competitive bidding by NHPC for 2 GW solar projects. The ...
Solar Cell & Module Maker Websol Energy Posts Revenue of ₹1.54 Billion in FY 2021

Solar Cell & Module Maker Websol Energy Posts Revenue of ₹1.54 Billion in FY 2021

Kolkata-based manufacturer of solar cells and modules Websol Energy System has announced combined financial results for the fourth quarter (Q4) and the financial year 2021 (FY21). The company reported a ...
/ / Markets & Policy, Solar
Regulators Must Decide Incremental Tariff for Solar Safeguard Duty Compensation: APTEL

Regulators Must Decide Incremental Tariff for Solar Safeguard Duty Compensation: APTEL

The Appellate Tribunal for Electricity (APTEL), in a recent order, directed the Karnataka Electricity Regulatory Commission (KERC) to decide the incremental tariff payable as compensation to the solar project developer ...
Torrent Power's Total Income Up by 13% in FY 2021

Torrent Power’s Total Income Up by 13% in FY 2021

Torrent Power has announced the results for the fourth quarter (Q4) of the financial year (FY) 2020-2021. As per the financial statement released by the company, the company reported a ...
Haryana Issues Guidelines for Solar Parks by Private Developers

Haryana Issues Guidelines for Solar Parks by Private Developers

The New and Renewable Energy Department, Haryana, has issued guidelines for developing solar parks in the state by private entrepreneurs without central financial assistance. The solar park developers are required ...
Solar Developers Caught Between Time Extension and Safeguard Duty Reimbursement Pleas

Solar Developers Caught Between Time Extension and Safeguard Duty Reimbursement Pleas

Tata Power Renewable Energy Limited (TPREL) had filed petitions with the Uttar Pradesh Electricity Regulatory Commission (UPERC) on extending the validity of safeguard duty as a 'Change in Law' event ...
String Inverters for Optimizing Commercial Rooftop Solar Installations

String Inverters for Optimizing Commercial Rooftop Solar Installations

With cutting-edge innovations driving the solar space, technologically advanced string inverters are fast gaining popularity among solar developers. Although inverters account for 5% of the total project cost, they become ...
Solar Developer's Plea for Safeguard Duty Compensation Rejected as Premature

Solar Developer’s Plea for Safeguard Duty Compensation Rejected as Premature

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, dismissed the petition of ACME Heergarh Powertech, seeking compensation to offset the alleged financial impact that imposing safeguard duty led ...
SECI Asked to Compensate Solar Developer for GST and Safeguard Duty Impact

SECI Asked to Compensate Solar Developer for GST and Safeguard Duty Impact

The Central Electricity Regulatory Commission (CERC), in a recent ruling, directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the increase in cost incurred due ...
Germany Installs 1.3 GW of Solar in the First Quarter of 2021

Germany Installs 1.3 GW of Solar in the First Quarter of 2021

According to the latest numbers declared by the Federal Network Agency (Bundesnetzagentur), Germany's solar PV installations in March 2021 totaled 548.6 MW. In a quarter-over-quarter comparison, the installations in March ...
/ / Markets & Policy, Solar
Solar Cell and Module Imports from China, Vietnam, Thailand Face Anti-Dumping Probe

Solar Cell and Module Imports from China, Vietnam, Thailand Face Anti-Dumping Probe

The Ministry of Commerce and Industry in an official statement has announced that the Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping probe on imports of solar cells ...
/ / Markets & Policy, Solar
Stable, Conducive Policies and Low-Cost Finance Critical to Scale Rooftop Solar

Stable, Conducive Policies and Low-Cost Finance Critical to Scale Rooftop Solar

Mercom recently held a virtual panel discussion on 'C&I Rooftop Solar – Best Shot at Reducing Operating Expenses' to understand how affordable and accessible rooftop solar is despite the visible ...
/ / Markets & Policy, Solar
Solar Developer’s Plea for GST Compensation Dismissed by Maharashtra Commission

Solar Developer’s Plea for GST Compensation Dismissed by Maharashtra Commission

Citing an increase in costs as a result of a change in the rate of Goods and Services Tax (GST), Azure Power Thirty Four, a wholly-owned subsidiary of Azure Power, ...
CPSU Program for 12 GW of Solar Amended, VGF Capped at ₹5.5 Million

CPSU Program for 12 GW of Solar Amended, VGF Capped at ₹5.5 Million

The Ministry of New and Renewable Energy (MNRE) has issued amendments for setting up 12 GW of solar projects with viability gap funding (VGF) by central public sector undertakings (CPSUs) ...
/ / Markets & Policy, Solar
Kerala DISCOM Directed to Process Net Metering Request for a 1 MW Solar Project

Kerala DISCOM Directed to Process Net Metering Request for a 1 MW Solar Project

The Kerala State Electricity Regulatory Commission (KSERC), in a recent order, directed the Kerala State Electricity Board (KSEB) to process Kerala Health Care’s request for the connectivity of 1 MW ...
Rooftop Solar - Saving Operating Cost for Businesses Hit by the Pandemic

Rooftop Solar – Saving Operating Cost for Businesses Hit by the Pandemic

Rooftop solar is among the cheapest sources of power, with nearly 50% lower tariffs than grid charges in many states. The segment's cost benefits make it an attractive energy option ...