Bonds

2017-18 Budget a Disappointment for the Indian Renewable Energy Sector

Overall, India’s 2017-18 budget is a disappointment for renewable energy sector. There were no major subsidies or incentives announced. There had been hope that reduction in accelerated depreciation and the ...
/ / Markets & Policy, Other
Karnataka Solar Policy: State Revises Solar Installation Target to 6,000 MW by March 2021

Karnataka Solar Policy: State Revises Solar Installation Target to 6,000 MW by March 2021

The government of Karnataka has announced amendments to the Karnataka State Solar Policy 2014-21. The estimated solar energy potential of the state has been updated from 20 GW to 24.7 GW ...
/ / Markets & Policy, Solar
Solar Project

SECI Tenders a 50 MW Solar Project under DCR Category at Bhadla Phase-IV Solar Park in Rajasthan

The Solar Energy Corporation of India (SECI) has tendered 50 MW of solar under the domestic content requirement (DCR) category at Bhadla Phase-IV Solar Park in Rajasthan. The project will be developed ...
MW-Scale Solar Project

SECI Tenders 100 MW of Solar Under the Domestic Content Category at Bhadla Phase-III Solar Park in Rajasthan

The Solar Energy Corporation of India (SECI) has tendered a 100 MW solar project under domestic content requirement (DCR) category at Bhadla Phase-III Solar Park in Rajasthan. The project will be developed ...
BEL DCR Solar Tender

Bharat Electronics Limited Tenders 36 MW of Solar Projects under DCR Category

Bharat Electronics Limited (BEL) has tendered a total of 36 MW (AC) of solar under the domestic content requirement (DCR) category. The capacity comprises of two projects of 10 MW ...
Solar Project

Indian Oil Corporation Tenders 3 MW of Solar in Kadapa, Andhra Pradesh

The Indian Oil Corporation Limited (IOCL) tendered a 3 MW ground mounted solar PV project to be constructed at Indian Oil Kadapa Bottling Plant premises located in Kadapa, Andhra Pradesh. The project ...
Utility Scale Solar

NHPC Tenders 30 MW Solar Project in Uttar Pradesh

The National Hydroelectric Power Corporation (NHPC) tendered a 30 MW solar PV project to be developed in the Jalaun district of Uttar Pradesh. This is an engineering procurement and construction ...
/ / Solar, Tenders & Auctions
Grid-Connected Rooftop Solar

REC Power Trading Company Tenders 10 MW of Grid-Connected Rooftop Solar in Assam

REC Power Trading Company Limited (RECPDCL) has tendered 10 MW of rooftop solar on behalf of Assam Power Distribution Company (APDCL). The APDCL has set a target of 250 MW ...
/ / Solar, Tenders & Auctions
Import and Export

Solar Imports Grew by 40 Percent Year-over-Year, Exports Declined 22 Percent in the First Seven Months of Financial Year

In the seven months from April to October in financial year (FY) 2016-17, export and import activity totaling $1.22 billion (~Rs.83.22 billion) was registered in the Indian solar sector. This ...
/ / Markets & Policy, Solar
CEL Tender Rooftop

Central Electronics Limited Tenders 100 MW Grid-Connected Rooftop Solar

Central Electronics Limited (CEL), a Government of India enterprise, has tendered 100 MW of grid-connected rooftop solar to be installed on office buildings and railway stations under zonal railways, using ...
/ / Solar, Tenders & Auctions
Solar Rooftop Allocation DMRC

Solar in India Generated 8.4 Billion Units of Electricity in the Eight Month Period from April to November 2016; 87% increase over the same period in 2015

Solar energy now accounts for 1 percent of the total electricity generated in India and 14.3 percent of total renewable power generated in the country. During the eight-month period from ...
/ / Commercial, Solar
rupees

$1.1 Billion in Funding and M&A Deals Announced in the Indian Solar Sector in Q4 2016

With solar installations in 2016 totaling 4 GW, financial activity was robust in the fourth quarter of 2016, with approximately $1.1 billion (~Rs.76.6 billion) in announced corporate, project funding and ...
/ / Finance and M&A, Solar
World Bank

World Bank Launches Global Solar Atlas in Partnership with International Solar Alliance

The World Bank, in partnership with the International Solar Alliance (ISA), launched the Global Solar Atlas, a free, web-based tool to help investors and policymakers identify potential sites for solar ...
/ / Solar, Technology
25 Indian States Fall Behind Solar RPO Targets

25 Indian States Fall Behind Solar RPO Targets

Twenty-five states in India have fallen behind their renewable purchase obligation (RPO) targets. The state-wise installation targets set by the Ministry of New and Renewable Energy (MNRE) have not been ...
/ / Markets & Policy, Solar
Indian Solar Rooftop

Will New MNRE Incentives for DISCOMs Spur Solar Rooftop Growth in India?

The Ministry of New and Renewable Energy (MNRE) has announced financial assistance in the form of grants to distribution companies (DISCOMs) of up to Rs.3.75 million (~$55,000)/MW for rooftop solar ...
/ / Markets & Policy, Solar
rooftop installer

Top Rooftop Installers in India

In India, the rooftop solar sector is beginning to show some growth. Within the past two years, cumulative rooftop solar installations have reached 605 MW, according to Mercom’s Solar India Quarterly Update ...
/ / Rooftop, Solar
inverter

Top Eight Inverter Manufacturers Account for 96 Percent of India’s Solar Inverter Market

The top eight inverter manufacturers account for 96 percent of solar inverter market in India, led by ABB with 22 percent, followed by SMA Solar with 18 percent. To date, ...
/ / Inverters & BOS, Solar
Tata Power and ReNew Power Top the List of Large-Scale Solar Developers in India

Tata Power and ReNew Power Top the List of Large-Scale Solar Developers in India

Utility scale solar in India has seen exponential growth over the past two years with installations of approximately 9 GW to date, making up about 94 percent of total installations ...
/ / Utility Scale
SECI Tenders 2 MW of Solar for Kolkata Port Trust

SECI Tenders 2 MW of Solar for Kolkata Port Trust

The Solar Energy Corporation of India (SECI) tendered a 2 MW solar PV project to be constructed at the Haldia dock complex on behalf of the Kolkata Port Trust. The ...
IFC to Invest $125 Million in Hero Future Energies

IFC to Invest $125 Million in Hero Future Energies

The International Finance Corporation (IFC), a World Bank Group member, will invest $125 million (~₹8.5 billion) in Hero Future Energies, the renewable energy arm of Hero Group. “IFC, together with ...
/ / Finance and M&A, Solar
TANGEDCO Tenders Another 500 MW of Solar to Fulfill RPO

TANGEDCO Tenders Another 500 MW of Solar to Fulfill RPO

The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) tendered 500 MW (AC) of solar in a bid to fulfill its renewable purchase obligation (RPO). Interested solar developers have been requested ...
/ / Solar, Tenders & Auctions
Declining Module Prices Come Just in Time for Indian Solar Project Developers

Declining Module Prices Come Just in Time for Indian Solar Project Developers

Swift decline in module prices over the last three to four months is the single most important positive event for the Indian solar sector. The project development landscape has changed ...
/ / Modules, Solar
Sambhar Salts Looks for EPC Contractor to Develop 100 MW Solar Project in Rajasthan

Sambhar Salts Looks for EPC Contractor to Develop 100 MW Solar Project in Rajasthan

Sambhar Salts Limited, a subsidiary of Hindustan Salts Limited (a government-owned salt company), has invited expression of interest to develop a 100 MW solar project in Sambhar, Rajasthan. The deadline for submission ...
solar project

Solar’s Share in India’s Power Generation on the Rise: Accounts for 1 Percent of Total Electricity Generated

With increasing installation activity, the solar sector has come a long way in the past two years in India. Solar energy now accounts for almost 1 percent of total power ...
/ / Solar, Utility Scale
Mercom Forecasts Over 9 GW of Solar Installations in India for 2017

Mercom Forecasts Over 9 GW of Solar Installations in India for 2017

2016 Solar Installations to Come in at Approximately 4 GW Mercom Capital Group, a global clean energy communications and research firm, today released its quarterly update on the Indian solar ...
/ / Solar, Utility Scale