Mercom Brings C&I Consumers Together at the Ahmedabad Clean Energy Meet
Mercom India’s C&I Clean Energy Meet 2022 series provides a unique platform for the country’s commercial and industrial (C&I) consumers to interact with renewable energy experts and understand the viability ...
Maharashtra Regulator Orders Wind Developer to Pay Deviation Charges
Maharashtra Electricity Regulatory Commission (MERC) directed Sterling Agro Industries to pay deviation charges of ₹1,634,494 (~$19,747) for the period between January 6, 2020, to June 28, 2020, for deviation at ...
Germany Installs 4.9 GW of Solar in 9M 2022 as it Moves to Cut Russian Gas Dependency
Germany installed 4.9 GW of solar capacity in the first nine months (9M) of 2022, according to the latest data released by the Federal Network Agency Bundesnetzagentur. In a year-over-year (YoY) ...
Adani DISCOM to Procure 1 GW Renewable Power Bundled with Thermal
Maharashtra Electricity Regulatory Commission (MERC) has allowed Adani Electricity Mumbai (AEML) to procure 1,000 MW of renewable power bundled with thermal (500 MW plus an additional 500 MW under the ...
SECI Refunds ₹54 Million in Subsidy for Rooftop Solar Program in September 2022
The Solar Energy Corporation of India (SECI) released ₹8.93 billion (~$108.61 million) in payments to solar and wind power generators for the power purchased in September 2022. The disbursal accounted ...
Regulator Approves Purchase of 2.5 GW of Solar Power by Telangana DISCOMs
Telangana State Electricity Regulatory Commission (TSERC) accorded in-principle approval to Telangana State Distribution Companies (DISCOMs) to procure 2,545 MW of solar power from NTPC, NHPC, and Solar Energy Corporation of ...
Additional Surcharge for Open Access Projects in Uttarakhand Raised to ₹1.14/kWh
Uttarakhand Electricity Regulatory Commission (UERC) has revised the additional surcharge to ₹1.14 (~$0.013)/kWh for consumers sourcing power through open access from October 1, 2022, to March 31, 2023. This is ...
Punjab Proposes Wind, Hydro, Energy Storage Obligation Trajectory Up to FY 2030
Punjab State Electricity Regulatory Commission (PSERC) has issued the Draft Punjab State Electricity Regulatory Commission (Renewable Purchase Obligation and its compliance) Regulations, 2022, outlining the renewable purchase obligation (RPO) trajectory ...
SB Energy to Sell Power to Google from its 1.2 GW Solar Projects in Texas
Renewable energy developer SB Energy Global said that Google will buy approximately 75% (942 MW) of the clean energy produced by the company’s four Texas-based upcoming solar projects with a ...
Increased N-Type Module Shipments Push Jinko Solar’s Q3 2022 Revenue Up 128% YoY
Chinese cell and module manufacturer Jinko Solar’s revenue for the third quarter (Q3) of 2022 rose to RMB19.52 billion (~$2.74 billion), increasing by 127.8% year-over-year. The company recorded a revenue ...
Solar’s Share in the Installed Power Capacity Mix Rises to 14.7% at the End of Q3 2022
India’s installed renewable energy capacity, including large hydro projects, stood at 163.7 GW, accounting for a 40.3% share of the overall power capacity mix at the end of the third ...
REC Limited’s Loan Disbursements to Renewable Energy Companies Rises by 426% in 1H FY 2023
REC Limited's consolidated net profit saw a marginal increase of 4% to ₹51.76 billion (~$628.57 million) in the first half (1H) of FY 2023, compared to ₹49.6 billion (~$602.34 million) ...
Increased Demand for Residential Solar Systems Boost Sunnova’s Q3 Revenue by 116%
U.S.-based residential solar company Sunnova posted a year-over-year (YoY) surge of 116% in revenue at $149.3 million for the third quarter (Q3) of 2022 compared to $68.9 million in Q3 ...
China Added 52.6 GW of New Solar Capacity in 9M 2022
China installed 52.6 GW of new solar capacity in the first nine months (9M) of 2022, according to the latest data released by the National Energy Administration (NEA). Installations were ...
Texas-Based Module Maker Mission Solar Energy to Expand Production Capacity by 1 GW
Texas-based solar modules manufacturer Mission Solar Energy has announced a 1 GW module capacity expansion plan to meet the demand for 2023 and beyond. Mission Solar’s announcement follows the passage ...
Developer Penalized for Cutting of Trees to Set Up a Solar Project in Rajasthan
The National Green Tribunal recently directed a developer to plant ten times more trees than what was cut to develop a solar power project in the Jodhpur district of Rajasthan ...
China’s Wafer, Cell, and Module Capacities to Reach 550-600 GW by the end of 2022
Solar module shipments by the top ten manufacturers reached 140-150 GW in China in the first nine months of 2022. According to China’s PV Industry Association, the export of solar ...
Anti-Dumping Duty Imposed on Electro-Galvanized Steel Imports from Three Countries
The Ministry of Finance (Department of Revenue) has imposed anti-dumping duty on electro-galvanized steel originating in or exported from South Korea, Japan, and Singapore and imported into India to offset ...
Government Shuts Door on Solar Projects Hoping for Concessional Import Duty
The government has amended the Project Import Regulations, 1986 to specifically exclude solar power projects from the purview of the law, effectively shutting down a legal route for developers to ...
Average AT&C Losses for DISCOMs Increases to 22.32% in FY21
The average aggregate technical and commercial (AT&C) losses for distribution companies (DISCOMs) at the national level increased from 20.73% in the financial year (FY) 2019-20 to 22.32% in FY 2020-21 ...
Odisha Proposes Revisions to Deviation Settlement Regulations
The Odisha Electricity Regulatory Commission (OERC) has issued the revised draft ‘Deviation, Settlement Mechanism, and Related Matters Regulations, 2022’ to ensure that users of the grid adhere to their schedule ...
MNRE Seeks Stakeholder Comments on Repowering Wind Projects Below 2 MW Capacity
India has an estimated wind repowering potential of 25.4 GW considering wind turbines of less than 2 MW capacity, according to the ‘Policy for Repowering of the Wind Power Projects, ...
Wind Installations in India Grew by 129% YoY with 878 MW Added in Q3 2022
India installed 878 MW of wind capacity in the third quarter (Q3) of 2022, a 129% year-over-year (YoY) increase compared to 384 MW installed in the same period last year ...
Sterling and Wilson Q2 Net Loss Widens to ₹2.99 Billion With Steep Fall in EPC Revenues
The consolidated net loss for Sterling and Wilson Renewable Energy (formerly Sterling and Wilson Solar) rose by 5% to ₹2.99 billion (~$36.35 million) in the second quarter (Q2) of the ...
CERC Postpones Commencement of Certain Sections of GNA Regulations
The Central Electricity Regulatory Commission (CERC) has postponed the commencement dates of various sub-rules of the CERC (Connectivity and General Network Access to the Inter-State Transmission System) Regulations, 2022, that ...
