COVID 19

The latest border dispute between India and China is starting to affect the Indian solar industry directly. The disruption in releasing the consignments at the ports has started to hurt ...

In April, the Ministry of New and Renewable Energy (MNRE) came up with a blanket commissioning time extension for all renewable energy projects under construction in the country because of ...

In an important clarification, the Ministry of New and Renewable Energy (MNRE) has announced that the period of nationwide lockdown due to COVID-19 will be considered from March 25, 2020, ...

Yulu, a Bangalore-based micro-mobility service provider, has announced that Rocketship.VC has invested ₹300 million (~$3.95 million) in the company. The company provides a smart rental platform for bicycles and electric ...

Cumulative rooftop solar installations in India reached 4.6 GW as of Q1 2020. In the first quarter of 2020, India installed 194 MW of rooftop solar projects, a decline of ...

Tata Power Delhi Distribution Limited (TPDDL), a leading power utility supplier, catering to the needs of seven million people in the north and north-west Delhi, said it received over 90% ...

All On, an independent impact investment company, has announced the completion of the first phase of nationwide solar installations at emergency health facilities related to the COVID-19 pandemic response. The ...

The National Solar Energy Federation of India (NSEFI) has written a letter to the Solar Energy Corporation of India (SECI) asking it to extend the bid submission deadline of a ...

As the COVID-19 crisis continues, governments across the world have been forced to take stringent measures to curb its spread. The pandemic has had a deep impact on economies around ...

In the wake of the coronavirus (COVID-19) outbreak, the Treasury Department and the Internal Revenue Service (IRS) of the United States of America, have announced tax relief for taxpayers who ...

NTPC Limited has agreed to defer the capacity charges and provide rebates to distribution companies (DISCOMs) to the tune of ₹34.27 billion (~$455 million) during the nationwide lockdown. The government-owned ...

The Maharashtra Electricity Regulatory Commission (MERC) has rescheduled the implementation of its deviation settlement mechanism (DSM) regulations from June 1, 2020, to October 5, 2020. Reason for the delay Initially, ...

The Power Grid Corporation of India Limited (PGCIL) announced that it had approved ₹10.75 billion (~$142.5 million) as a one-time consolidated rebate to distribution companies (DISCOMs) and power departments of ...

The U.S. International Development Finance Corporation (DFC) has approved $1 billion (₹75 billion) to help enhance sustainable development processes in Africa, Latin America, the Indo-Pacific, and other emerging markets, including ...

Power is an essential service, and the renewable industry has been one of the saviors of the power sector in this crisis. Solar, in particular, has shown that it is ...

Investments in the Indian solar industry totaled $970 million (~₹72.9 billion) in the first quarter (Q1) of 2020, according to Mercom’s Q1 2020 India Solar Market Update. Investments were 66% ...

In all, 155 multinational corporations (MNC) from across the world have signed a statement asking governments to integrate the latest climate science developments into their efforts to help their respective ...

The Reserve Bank of India (RBI) announced the third round of monetary measures to boost the economy amid the lockdown caused by the Coronavirus pandemic. During the press briefing, the ...

India installed 1,080 MW of solar capacity in the first quarter (Q1) of 2020, a 43% decline quarter-over-quarter (QoQ), compared to 1,897 MW installed in Q4 2019. The findings were ...

The Power Grid Corporation of India Limited (PGCIL), a state-owned power transmission company, recently received a letter from the Ministry of Power to consider offering a rebate of about 20-25% ...

Vestas Wind System, a wind turbine manufacturer, revealed that in the first quarter of 2020, the company generated a revenue of €2.235 billion (~$2.42 billion), showing a year-over-year increase of ...

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued an order through a suo moto petition revising the late payment surcharges (LPS) for fixed electricity bills payable by industrial and ...

A U.S.-based solar panel maker, SunPower Corp., has announced a strategic partnership of $1 billion (~₹74.97 billion) with Technology Credit Union (Tech CU), one of the leading credit unions in ...

The International Renewable Energy Agency’s (IRENA) Coalition for Action has asked governments to take effective response measures to address the immediate and long-term impacts of the global COVID-19 crisis. The ...

Due to the lockdown caused by the coronavirus (COVID-19) pandemic, there was a significant decrease in the trade volume of both solar and non-solar renewable energy certificates (RECs) in April ...