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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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
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
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 ...
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
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
