Madhya Pradesh’s New Policy Aims at ₹500 Billion Investment for Renewable Generation

Madhya Pradesh’s New Policy Aims at ₹500 Billion Investment for Renewable Generation

Madhya Pradesh intends to invest ₹150 billion (~$1.82 billion) by 2024 and ₹500 billion (~$6.06 billion) by 2027 for renewable energy generation. The Madhya Pradesh Renewable Energy Policy 2022 says ...
/ / Markets & Policy, Solar
Captive Solar Energy Generator’s Plea to Reconsider Banking Regulations Rejected

Captive Solar Energy Generator’s Plea to Reconsider Banking Regulations Rejected

The Rajasthan Electricity Regulatory Commission (RERC) recently ruled that a captive renewable energy project must fulfill all the terms and conditions of banking, including entering into wheeling and banking agreement ...
/ / Markets & Policy, Solar
US Pauses Circumvention Duties on Solar Panel Imports With Anti-Stockpiling Conditions

US Pauses Circumvention Duties on Solar Panel Imports With Anti-Stockpiling Conditions

The United States has paused the imposition of anti-dumping and countervailing duty on imported solar cells and modules, which have been undergoing circumvention proceedings for two years. The U.S. government ...
Chandigarh's EV Policy Targets 70% of All Vehicles to Be Electric by 2027

Chandigarh’s EV Policy Targets 70% of All Vehicles to Be Electric by 2027

Chandigarh has targeted 70% of all new vehicle registrations in the Union Territory (UT) to be electric vehicles (EVs) in the next five years. As per the recently issued Chandigarh ...
Karnataka High Court Rejects Developer's Plea to Build Solar Project on Disputed Land

Karnataka High Court Rejects Developer’s Plea to Build Solar Project on Disputed Land

The Karnataka High Court has rejected a solar project developer's plea to complete the construction of a solar project in Karnataka's Raichur district since the land on which it is ...
/ / Markets & Policy, Solar
Tariff for an 8 MW Wind Project in Kerala Reduced to ₹4.70kWh, Due to Higher CUF

Tariff for an 8 MW Wind Project in Kerala Reduced to ₹4.70/kWh, Due to Higher CUF

Kerala State Electricity Regulatory Commission (KSERC) has allowed Kerala State Electricity Board's (KSEB) petition to revise the generic tariff of an 8.4 MW wind project in Palakkad to ₹4.70 (~$0.057)/kWh ...
/ / Markets & Policy, Wind
APTEL Sets Aside TNERC Order, Says Solar Developers Entitled for Preferential Tariff

APTEL Sets Aside TNERC Order, Says Solar Developer Entitled for Preferential Tariff

The Appellate Tribunal for Electricity (APTEL) has ruled in favor of a solar developer and said that the developer is entitled to a tariff of ₹7.01 (~$0.085)/kWh as it commissioned ...
/ / Markets & Policy, Solar
SECI Paid ₹8.13 Billion to Wind and Solar Power Generators in August 2022

SECI Paid ₹8.13 Billion to Wind and Solar Power Generators in August 2022

The Solar Energy Corporation of India (SECI) released ₹8.13 billion (~$98.3 million) in payments to solar and wind power generators for the power purchased in August 2022. The disbursal accounted ...
/ / Markets & Policy, Solar
MNRE Clarifies ALMM Order Exceptions for Open Access and Net Metering Projects

MNRE Clarifies ALMM Order Exceptions for Open Access and Net Metering Projects

The Ministry of New and Renewable Energy (MNRE) has clarified that open access and net metering renewable energy projects that have applied for approval before October 1, 2022, will not ...
/ / Markets & Policy, Solar
Phase II of Residential Rooftop Solar Program Extended Until March 31, 2026

Phase II of Grid-Connected Rooftop Solar Program Extended Until March 31, 2026

The Ministry of New and Renewable Energy (MNRE) has extended Phase II of the ‘Grid-Connected Rooftop Solar Program’ until March 31, 2026. The program has been extended without any addition ...
/ / Markets & Policy, Solar
Guidelines Issued for Tranche II of PLI Program for Solar Cells and Modules

Guidelines Issued for Tranche II of PLI Program for Solar Cells and Modules

The Ministry of New & Renewable Energy (MNRE) has approved ₹195 billion (~$2.61 billion) to achieve gigawatt-scale manufacturing of high-efficiency solar photovoltaic modules under the second phase (Tranche II) of ...
/ / Markets & Policy, Solar
Thermal Projects Bundled with Renewables can Dispatch Power Without Agreement

Thermal Projects Bundled with Renewables Can Dispatch Power Without Agreement

Thermal and hydropower projects with standalone or renewable energy projects with Battery Energy Storage Systems (BESS) can be set up anywhere and dispatched to any generating station without any additional ...
/ / Markets & Policy, Other
Falling Costs Drove Solar Installations in the US in 2021

Falling Costs Drove Solar Installations in the US in 2021

Nearly 12.5 GW of new utility-scale solar capacity came online in the U.S. in 2021, taking the cumulative capacity to 51.34 GW across 1,131 projects. Falling costs drove the strong ...
/ / Markets & Policy, Solar
MNRE Notifies BCD and Hike in GST Rates as ‘Change in Law’ Events But With a Condition

MNRE Notifies BCD and Hike in GST Rates as ‘Change in Law’ Events But With a Condition

The Ministry of New and Renewable Energy (MNRE) has said the imposition of basic customs duty (BCD) and hike in goods and services tax (GST) from 5% to 12% should ...
/ / Markets & Policy, Solar
Gujarat Increases Additional Surcharge for Open Access Consumers to ₹0.31/kWh

Gujarat Increases Additional Surcharge for Open Access Consumers to ₹0.31/kWh

The Gujarat Electricity Regulatory Commission (GERC) has increased the additional surcharge payable by open access consumers to the state distribution companies (DISCOMs) to ₹0.31 (~$0.0038)/kWh. The new additional surcharge will ...
/ / Markets & Policy, Solar
Rajasthan Proposes Free Solar Power for State DISCOMs from Interstate Projects

Rajasthan Proposes Free Solar Power for State DISCOMs from Interstate Projects

Rajasthan-based solar installations supplying electricity to other states will have to shell out 10% of their generation free of cost to the state's distribution companies (DISCOMs) if a proposal by ...
Solar Plus Energy Storage Gains Market Share in Residential Installations in the US

Solar Plus Energy Storage Gains Market Share in Residential Installations in the US

The median installed prices of solar photovoltaic (PV) systems across most U.S. states dropped year-over-year (YoY), with the residential segment recording average annual declines of up to $0.2/W per year ...
/ / Markets & Policy, Solar
In a First, Wind and Solar Projects Met Over 10% of Global Electricity Demand in 2021 BNEF

In a First, Wind and Solar Projects Met Over 10% of Global Electricity Demand in 2021: BNEF

The world's wind and solar projects combined met more than a tenth of global electricity demand for the first time in 2021, according to research company BloombergNEF (BNEF). In its ...
Electricity Tariff Hike Could Nudge Tamil Nadu C&I Entities to Adopt Solar Open Access

Electricity Tariff Hike Could Nudge Tamil Nadu C&I Entities to Adopt Solar Open Access

Commercial and industrial (C&I) consumers in Tamil Nadu are considering switching to solar open access projects under captive and group captive mode as opposed to buying power from the state-owned ...
Tranche II of Production-Linked Incentive Program for Solar Modules Gets Cabinet Nod

Tranche II of Production-Linked Incentive Program for Solar Modules Gets Cabinet Nod

The Union Cabinet has approved the Ministry of New & Renewable Energy’s (MNRE) proposal for the implementation of the second phase (Tranche II) of the Production Linked Incentive (PLI) program ...
APTEL Allows Carrying Cost Claims of Solar Developers Due to ‘Change in Law’ Events

APTEL Allows Carrying Cost Claims of Solar Developers Due to ‘Change in Law’ Events

The Appellate Tribunal For Electricity (APTEL) has allowed carrying cost pass-through under ‘Change in Law’ to solar developers whose petitions were earlier rejected by the Central Electricity Regulatory Commission (CERC) ...
/ / Markets & Policy, Solar
Virtual and Group Net Metering Critical to Achieve India's Rooftop Solar Target

Virtual and Group Net Metering Critical to Achieve India’s Rooftop Solar Target

Ground-mounted utility-scale solar installations have witnessed exponential growth in the last eight years, but rooftop solar has not quite taken off despite potential benefits to consumers. The lack of effort ...
Odisha Regulator Allows GRIDCO to Purchase 200 MW of Solar Power to Fulfil its RPO

Odisha Regulator Allows GRIDCO to Purchase 200 MW of Solar Power to Fulfil its RPO

The Odisha Electricity Regulatory Commission (OERC) has approved the power sale agreement (PSA) to be executed between the Grid Corporation of Orissa (GRIDCO) and NTPC for 200 MW of inter-state ...
/ / Markets & Policy, Solar
Solar photovoltaic panels and substations in the evening

Tamil Nadu Issues Multi-Year Electricity Tariff Order, Introduces a Green Tariff of 10%

Retail electricity tariffs for high tension (HT) consumers have gone up by 6% to 18% in the recently announced order by the Tamil Nadu Electricity Regulatory Commission (TNERC) for the ...
/ / Markets & Policy, Other
Tata Power Signs PPA to Develop a 4 MW Solar Project at Tata Motors Facility in Pune

Tata Power Signs PPA to Develop a 4 MW Solar Project at Tata Motors Facility in Pune

Tata Power entered into a power purchase agreement (PPA) with Tata Motors to develop a 4 MW onsite solar power project at Tata Motors' commercial vehicle manufacturing facility in Pune ...
/ / Markets & Policy, Solar