US Solar Photovoltaic Module Shipments Up 33% in 2020

US Solar Photovoltaic Module Shipments Up 33% in 2020

Solar photovoltaic (PV) module shipments in the United States, including imports, exports, domestic production, and sales touched a record high of 21.8 GW in 2020, 5.4 GW more than in ...
/ / Markets & Policy, Solar
WTO Rejects China's Claims on Safeguard Measures Imposed by the U.S. on Solar Imports

WTO Rejects China’s Claims on Safeguard Measures Imposed by the US on Solar Imports

A special panel constituted to look into the dispute between China and the United States regarding safeguard measures imposed by the United States on importing certain crystalline silicon photovoltaic cells ...
/ / Markets & Policy, Solar
SIMA Launches Energy Access Relief Fund to Support Off-Grid Solar Companies

SIMA Launches Energy Access Relief Fund to Support Off-Grid Solar Companies

Social Investment Managers and Advisors (SIMA) has launched the Energy Access Relief Fund (EARF) with a first close of $68 million and a target closing of around $84 million by ...
/ / Markets & Policy, Solar
Germany Adds 2.75 GW of Solar Capacity in 1H 2021

Germany Adds 2.75 GW of Solar Capacity in 1H 2021

Germany installed 1.43 GW of solar capacity in the second quarter (Q2) of 2021, according to the latest numbers released by the Federal Network Agency Bundesnetzagentur. In a quarter-over-quarter comparison, solar ...
/ / Markets & Policy, Solar
Deadline to Complete Solar Projects Under Component-A of KUSUM Program Extended

Deadline to Complete Solar Projects Under Component-A of KUSUM Program Extended

The Ministry of New and Renewable Energy (MNRE) has extended the time given to complete grid-connected solar projects under ‘component-A’ of Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM ...
/ / Markets & Policy, Solar
Australia Adds 729 MW of Rooftop Solar in Q2 2021

Australia Adds 729 MW of Rooftop Solar in Q2 2021

According to data released by Australia’s Clean Energy Regulator (CER), Australia has installed 729 MW of rooftop solar capacity in the second quarter (Q2) of 2021, an 8% increase compared ...
/ / Markets & Policy, Solar
Indian Renewable Energy Company ReNew Power Lists on Nasdaq

Indian Renewable Energy Company ReNew Power Lists on Nasdaq

Indian independent renewable power producer ReNew Power has been listed on the Nasdaq after completing a business combination with RMG Acquisition Corporation II, a special purpose acquisition company (SPAC). In February 2021, ReNew ...
/ / Markets & Policy, Solar
SECI Pays ₹6.6 Billion Towards Solar and Wind Power Purchased in July

SECI Pays ₹6.6 Billion Towards Solar and Wind Power Purchased in July

The Solar Energy Corporation of India (SECI) paid ₹6.6 billion (~$89.3 million) to solar and wind developers for the power it purchased in July 2021, according to data released by ...
/ / Markets & Policy, Solar
JERC Denies Exemptions Under Open Access Regulations for Solar Projects

JERC Denies Exemptions Under Open Access Regulations for Solar Projects

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories, in a recent order, dismissed the petition filed by solar project developers seeking directions to resolve ...
/ / Markets & Policy, Solar
Discount Rate of Annuity Payments to Solar Developers Will be 10.41%: CERC

Discount Rate of Annuity Payments to Solar Developers Will be 10.41%: CERC

The Central Electricity Regulatory Commission (CERC), in a recent order, has reiterated Solar Energy Corporation of India's (SECI) proposal for a 10.41% discount rate on annuity payments towards the additional ...
/ / Markets & Policy, Solar
Issuing a Letter of Award Results in a Concluded Contract – Bombay High Court

Issuing a Letter of Award Results in a Concluded Contract – Bombay High Court

The Bombay High Court, in a recent judgment in the case relating to an infrastructure project, has ruled that the issue of a letter of award results in a concluded ...
/ / Markets & Policy, Solar
Tamil Nadu Proposes Generic Tariff of ₹3.99kWh for Rooftop Solar Systems Up to 10 kW

Tamil Nadu Proposes Generic Tariff of ₹3.99/kWh for Rooftop Solar Systems Up to 10 kW

The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued new guidelines and a consultative paper on ‘Generic Tariff order for Grid Interactive Solar Photovoltaic (PV) Energy Generating Systems.’ TNERC has ...
/ / Markets & Policy, Solar
Telangana Regulator Approves PSAs for Solar and Solar Bundled With Thermal Power

Telangana Regulator Approves PSAs for Solar and Solar Bundled With Thermal Power

The Telangana State Electricity Regulatory Commission (TSERC), in a recent order, approved six power sale agreements (PSAs) dated June 18, 2016, between state distribution companies (DISCOMs) and NTPC for 400 ...
/ / Markets & Policy, Solar
Generic Tariff for Rooftop Solar Systems Up to 10 kW Increased to ₹4.02/kWh in Karnataka

Generic Tariff for Rooftop Solar Systems Up to 10 kW Increased to ₹4.02/kWh in Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has issued an order setting the generic tariff for solar power projects (including rooftop solar projects) for FY 2022 and FY 2023. The Commission ...
/ / Markets & Policy, Solar
Solar Contributes to Record 10% of EU Electricity This Summer

Solar Contributes to Record 10% of EU Electricity This Summer

Solar energy accounted for 10% of the European Union's (EU) electricity during the peak summer months of June and July this year, energy think tank Ember has revealed. Solar power ...
/ / Markets & Policy, Solar
EPC Costs May Rise in the Next Few Quarters Due to Rising Component Prices

Solar EPC Costs May Rise in the Next Few Quarters Due to Rising Component Prices

Mercom hosted a webinar on August 13, 2021, to understand the critical role solar engineering, procurement, and construction (EPC) companies play in the Indian solar segment while mitigating the challenges ...
/ / Markets & Policy, Solar
APTEL Asks DISCOM to Restore Tariff and Pay Late Payment Surcharge to Solar Developers

APTEL Asks DISCOM to Restore Tariff and Pay Late Payment Surcharge to Solar Developers

The Appellate Tribunal for Electricity (APTEL) has set aside the Karnataka Electricity Regulatory Commission's (KERC) earlier order reducing the tariff for five solar projects. APTEL ruled that the solar developers ...
/ / Markets & Policy, Solar
Sterling and Wilson Solar’s Revenue Jumps 11.8% in Q1 FY 2022

Sterling and Wilson Solar’s Revenue Jumps 11.8% in Q1 FY 2022

Sterling and Wilson Solar, the solar engineering and construction arm of the Shapoorji Pallonji Group, has recorded a revenue of ₹11.95 billion (~$161.12 million) in the first quarter (Q1) of the ...
/ / Markets & Policy, Solar
Tamil Nadu Plans to Install 5,000 Solar Pumps for Farmers Providing 70% Subsidy

Tamil Nadu Plans to Install 5,000 Solar Pumps for Farmers Providing 70% Subsidy

Tamil Nadu has proposed installing 5,000 solar pumps for which 70% subsidy will be provided, according to the state's first-ever 'agriculture budget' recently presented to the Legislative Assembly. Minister for ...
/ / Markets & Policy, Solar
APTEL Denies Tariff Cut for a Delayed Solar Project, Allows Recovery of Liquidated Damages

APTEL Denies Tariff Cut for a Delayed Solar Project, Allows Recovery of Liquidated Damages

The Appellate Tribunal for Electricity (APTEL), in a recent order, directed a solar developer to pay liquidated damages to the Gulbarga Electricity Supply Company (GESCOM) for the delay of 31 ...
/ / Markets & Policy, Solar
Solar Energy Would Double the Demand for Base Metals by 2040 Report

Solar Energy Would Double the Demand for Base Metals by 2040: Report

Solar energy will significantly impact demand for aluminum, copper, and zinc as the usage of all three materials is set to double by 2040, Wood Mackenzie said in a recent ...
/ / Markets & Policy, Solar
CERC Directs SECI To Compensate Solar Developer for GST Claims

CERC Directs SECI to Compensate Solar Developer for GST Claims

The Central Electricity Regulatory Commission (CERC), in a recent order, directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the additional cost incurred due to ...
/ / Markets & Policy, Solar
Demand for Rooftop Solar Substantially Higher Than the Pre-COVID Times Interview

Demand for Rooftop Solar Substantially Higher Than the Pre-COVID Times: Interview

The government of India has a bold target of 40 GW by 2022 for rooftop solar installations in the country. However, the cumulative installations as of March 31, 2021, are ...
/ / Markets & Policy, Solar
Supreme Court Dismisses Special Leave Petitions Filed for Solar Anti-Dumping Probe

Supreme Court Dismisses Special Leave Petitions Filed for Solar Anti-Dumping Probe

The Supreme Court heard two special leave petitions filed by the government of India and Solar Power Developers Association (SPDA) regarding a pending anti-dumping investigation. A special leave petition is ...
/ / Markets & Policy, Solar
Developer's Request for Supplementary PPA for a Delayed Solar Thermal Project Rejected

Developer’s Request for Supplementary PPA for a Delayed Solar Thermal Project Rejected

The Karnataka Electricity Regulatory Commission (KERC), in a recent order, rejected a solar developer's request for approval of a supplementary power purchase agreement (SPPA) for a delayed project. The Commission ...
/ / Markets & Policy, Solar