Supreme Court Upholds NCLT’s Stay of Termination of GUVNL’s PPA with Solar Developer
The Supreme Court, in a recent order, has said that the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) had correctly stayed the termination of ...
APTEL Directs GUVNL to Maintain Status Quo in the 700 MW Scrapped Solar Auction
The Appellate Tribunal for Electricity (APTEL) has asked the Gujarat Urja Vikas Nigam Limited (GUVNL) to maintain the status quo in the scrapped 700 MW solar auction until further orders ...
Ministry Asks States to Relax Performance and Bid Security for Power Project Bids
The Ministry of Power has directed the state governments and the governments of union territories (UT) to relax performance security, earnest money deposits requirements for power project bids. It has ...
West Bengal Allows Net Metering for Rooftop Solar Systems Installed Before June 30, 2021
The West Bengal Electricity Regulatory Commission (WBERC) has ruled that consumers who install solar photovoltaic systems before June 30, 2021, will be eligible for net metering facilities. Background The Commission ...
Andhra Pradesh Regulator Denies Relief for a 25 MW Solar Project Claiming Force Majeure
The Andhra Pradesh Electricity Regulatory Commission (APERC) has rejected a solar developer’s plea for relief for the delayed commissioning of a 25 MW solar power project at Gurramkonda in the ...
Solar Industry Weighs in on the Basic Customs Duty Implications
The Ministry of New and Renewable Energy (MNRE) recently imposed a basic customs duty (BCD) of 40% on solar modules and 25% on solar cells, starting April 1, 2022. The ...
BESCOM’s Plea To Cut Tariff for Solar Power Purchased Over Contracted Capacity Rejected
The Karnataka Electricity Regulatory Commission (KERC) dismissed the petition filed by the Bangalore Electricity Supply Company Limited (BESCOM) for the redetermination of tariff for purchase of additional power or to ...
US Solar Industry Grows by 43% With 19.2 GW Installed in 2020 Despite COVID-19
According to the U.S. Solar Market Insight 2020 Year-in-Review report, released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the U.S. solar industry grew 43% and installed a ...
Solar Developer’s Plea for Penalty Refund Gets Regulator’s Approval
The Telangana State Electricity Regulatory Commission (TSERC) approved the extension of a 7 MW solar project's commissioning date due to force majeure events. It directed the state distribution company (DISCOM) ...
Anti Dumping Duty on Solar Glass Has Resulted in Monopoly, Shortage, Price Rise
The solar glass shortage in China that started some six months back has started to affect the Indian solar manufacturing industry. This, coupled with the duties on glass, has started ...
Haryana Budget Includes Solar Projects, Lights, Pumps, and EV Announcements
Haryana Chief Minister Manohar Lal announced the budget for 2021-22. Provisions were made to set up 93 MW of solar projects, among other renewable and e-mobility plans. The Haryana Power ...
MNRE Issues First Batch of ALMM Applicable to Solar Bids After April 10, 2021
The Ministry of New and Renewable Energy (MNRE) has issued the list of models and module manufacturers under the Approved List of Models and Manufacturers (ALMM) order. As per the ...
Ministry Notifies Countervailing Duty Imposition on Solar Glass Imported from Malaysia
The Ministry of Finance has notified the levy of a countervailing duty on the cost, insurance, and freight (CIF) value on the imports of textured and tempered (whether coated or ...
Solar Tracking Company Array Technologies’ Net Profit Jumps 49% in 2020
Array Technologies, a U.S.-based solar tracking systems manufacturer, has reported a 49% increase in net profit with $59.07 million in 2020 from $39.74 million in 2019, despite a $9.77 million ...
Amendments Proposed to RPO Regulations for Captive Renewable Projects in Punjab
The Punjab State Electricity Regulatory Commission (PSERC) has proposed to cap the renewable purchase obligations (RPO) for captive power projects. It has invited feedback from the industry on or before ...
Maharashtra Regulator Denies Solar Developer’s Plea to Return Bank Guarantee
The Maharashtra Electricity Regulatory Commission (MERC) has dismissed ACME Solar's plea for the return of performance bank guarantee (PBG). It said that the power purchase agreement (PPA) specifies conditions for ...
Basic Customs Duty of 25% on Solar Cells and 40% on Modules to Take Effect from April 2022
The Ministry of New and Renewable Energy (MNRE) has announced the basic customs duty (BCD) on imported solar cells and modules starting April 1, 2022. The BCD on solar modules ...
Committee on Energy Asks For Single Window Clearance for Rooftop Solar Projects
The Parliamentary Standing Committee on Energy has said that the Ministry of New and Renewable Energy (MNRE) will find it difficult to install 175 GW of renewable energy capacity by ...
Solar Projects Totaling 90 MW Citing ‘Force Majeure’ Get Extension for Commissioning
The Delhi Electricity Regulatory Commission (DERC) has extended the commissioning date of three solar power projects of 90 MW cumulative capacity and ruled that no compensation would be payable to ...
Levelized Tariff of ₹7.12/kWh Allowed for a Rooftop Solar System in Dadra & Nagar Haveli
The Joint Electricity Regulatory Commission (JERC) has set a tariff of ₹7.12 (~$0.097)/KWh for 485 kW rooftop solar power projects and 900 kW ground-mounted projects at Kala in the Union ...
Israel’s Robotic Solar Module Cleaning Company Airtouch Raises $18 Million in an IPO
Israeli robotic solar cleaning service provider, Airtouch Solar, has completed an initial public offering (IPO), raising $18 million at a company post-money valuation of $124 million, primarily from leading institutional ...
Distribution Companies Must Honor Power Purchase Agreements: Mercom Webinar
Mercom India hosted a webinar to discuss the key takeaways from the Indian Solar market in 2020 and the outlook for 2021. N.L. Sharma, Chairman and Managing Director of SJVN, ...
CERC Adopts Tariff for 3 GW of Thermal-Bundled Solar Projects Tendered in 2015
The Central Electricity Regulatory Commission (CERC) has passed an order approving tariffs ranging between ₹3.15 (~$0.043)/kWh and ₹5.19 (~$0.071)/kWh for 3 GW of solar projects bundled with thermal power under ...
Mercom’s Webinar: Performance of Indian Solar Market in 2020 and Outlook for 2021
The solar industry kicked off 2020 with great expectations, but the COVID-19 pandemic adversely affected the sector as activity in the industry ground to a halt due to the nationwide ...
Torrent Power’s Plea for Changes to ‘Force Majeure’ and ‘Change in Law’ Clauses Approved
The Gujarat Electricity Regulatory Commission (GERC) has approved the changes sought by Torrent Power to the 'force majeure' and the 'change in law' clauses in the draft power purchase agreement ...
