European Commission Announces €1 Billion Fund to Promote Sustainable Projects

European Commission Announces €1 Billion Fund to Promote Sustainable Projects

The European Commission (EC) announced that it would launch a €1 billion (~$ 1.16 billion) European Green Deal call for research and innovation projects to tackle the climate crisis and ...
/ / Other, Renewable Energy
Nigeria Bets on Solar to Create Jobs Post COVID-19 Disruption (1)

Nigeria Bets on Solar to Create Jobs Post COVID-19 Disruption

Nigeria is currently facing one of the most significant economic downturns in its history due to COVID-19. While the country is grappling with a recession, the government has outlined an ...
/ / Markets & Policy, Solar
Wind Project in Maharashtra Gets Extension for Disruptions Due to COVID Lockdown

Wind Project in Maharashtra Gets Extension for Disruptions Due to COVID Lockdown

The Maharashtra Electricity Regulatory Commission (MERC) extended the commissioning date of the 76.5 MW wind project being developed by Clean Wind Power (Bhavnagar) Private Limited on the grounds of force ...
/ / Wind
Shapoorji Pallonji Defers Repayment of Sterling & Wilson Solar’s Loan

Shapoorji Pallonji Defers Repayment of Sterling & Wilson Solar’s Loan

The Shapoorji Pallonji Group has told the subsidiary company, Sterling and Wilson Solar Limited (SWSL), that it would defer the payment of the loan amount of over ₹10 billion (~$135.8 ...
/ / Markets & Policy, Solar
COVID-19 Relief: Delhi Reduces Fixed Power Charges for C&I Consumers by 50%

COVID-19 Relief: Delhi Reduces Fixed Power Charges for C&I Consumers by 50%

In a huge respite for the electricity consumers in the national capital, the Delhi Electricity Regulatory Commission (DERC) has reduced fixed charges by 50% for industrial and non-domestic consumers. The ...
/ / Grid, Market & Policy
RBI Increases Priority Sector Lending Cap to Renewables by Two-Fold

RBI Increases Priority Sector Lending Cap to Renewables by Two-Fold

The Reserve Bank of India (RBI) has come out with the details for the priority sector lending. The apex bank has increased the lending limit for the renewable sector. The ...
/ / Other, Renewable Energy
WiseEnergy Signs 550 MW Solar Asset Management Contract in India with Actis_ Interview

WiseEnergy Signs 550 MW Solar Asset Management Contract in India with Actis: Interview

With rapid installation targets and large existing operating base of assets, solar asset management is fast gaining traction in the Indian market. Solar asset management includes all aspects of solar ...
/ / Other, Sponsored News
Suzlon Net Loss Widens to Nearly ₹4 Billion in Q1 of FY 2021

Suzlon Net Loss Widens to Nearly ₹4 Billion in Q1 of FY 2021

Suzlon Group, a renewable energy solutions provider, announced its financial results for the first quarter (Q1) of the financial year (FY) 2020-21. The company registered revenues of ₹5.13 billion (~$70.1 ...
/ / Other, Wind
India’s Power Demand is Almost Back to Pre-COVID Levels_ POSOCO Report

India’s Power Demand is Almost Back to Pre-COVID Levels: POSOCO Report

Data from POSOCO, the National Load Despatch Centre (NLDC), has shown that power demand in the country rose after it dipped during the COVID-19-induced nationwide lockdown. The data showed that ...
Azure Power Posts 16% Revenue Increase in Q1 2021

Azure Power Posts 16% Revenue Increase in FY Q1 2021

Azure Power has announced the consolidated results for the first quarter (Q1) of the financial year (FY) 2021. According to the financial statement released by the company, the company registered ...
/ / Markets & Policy, Solar
Renewable Projects Under Development During Lockdown Get Five-Month Extension

Renewable Projects Under Development During Lockdown Get Five-Month Extension

The Ministry of New and Renewable Energy (MNRE) has issued a notification saying that all under-development renewable projects as on the date of the lockdown would be given an extension ...
/ / Other, Renewable Energy
Power Transmission Projects Affected by COVID-19 Lockdown Get Five-Month Extension

Power Transmission Projects Affected by COVID-19 Lockdown Get Five-Month Extension

Considering the COVID-19 pandemic and the subsequent lockdown, the Ministry of Power (MoP) has decided to extend the scheduled commercial operation date (SCoD) of the interstate power transmission projects that ...
/ / Grid, T&D
As Government Shifts Focus to Solar Manufacturing, RPO Enforcement Becomes More Critical

As Government Shifts Focus to Solar Manufacturing, RPO Enforcement Becomes More Critical

India's push towards transforming the energy sector began a decade ago with the formulation of the National Solar Mission. To enforce policies for renewable energy expansion and create demand, the ...
Solis to Take Its Solar InverterProduction Capacity in India to 20GW by Q1 2021_ Interview

Solis to Take Its Solar Inverter Production Capacity to 20 GW by Q1 2021: Interview

In the calendar year (CY) 2019, Solis was among the top five solar inverter suppliers to India. The top five suppliers together accounted for 76% of shipments to the Indian ...
/ / Inverters & BOS, Solar
Pharma and FMCG Companies Could Lead the C&I Market Recovery in Rooftop Solar

Pharma and FMCG Companies Could Lead the C&I Market Recovery in Rooftop Solar Segment

As the economy dwindles, industries worldwide are looking frantically at cost-saving measures to keep profit margins from getting thinner. While some segments of the commercial and industrial sector witnessed a ...
Bidders from Neighboring Countries to Face Restrictions for Indian Government Tenders

Bidders from Neighboring Countries to Face Restrictions for Indian Government Tenders

The central government has amended the General Financial Rules 2017, which will allow it to impose restrictions on bidders from countries that share a land border with India. According to ...
Deadline for BIS Certification of Solar Inverters Extended to December 31, 2020

Deadline for BIS Certification of Solar Inverters Extended to December 31, 2020

The Ministry of New and Renewable Energy (MNRE) has extended the deadline for the self-certification of solar inverters to December 31, 2020. The earlier deadline was June 30, 2020. The ...
Recovery of Power Demand After Lockdown More Pronounced in India_ IEA Report

Recovery of Power Demand After Lockdown More Pronounced in India: IEA Report

Analyzing the impact of the COVID-19 pandemic and the subsequent lockdown, the International Energy Agency (IEA) has released a report on the demand for electricity during this period. According to ...
Power Consumption in Rural India Plummeted by Nearly 70% During Lockdown_ Interview

Power Consumption in Rural India Plummeted by Nearly 70% During Lockdown: Interview

The lockdown announced in India to curb the virus was one of the longest in the world, and as a result, millions of migrant workers were forced to make their ...
Renewable Energy Association Asks MNRE to Inspect Solar Modules Online Amid COVID-19

Renewable Energy Association Asks MNRE to Inspect Solar Modules Online Amid COVID-19

The Renewable Energy Association of Rajasthan (REAR) has written to the Ministry of New and Renewable Energy (MNRE), asking for it to start conducting online pre-dispatch inspections (PDI) of the ...
India-China Border Tension Begins Affecting Domestic Solar Projects Adversely

India-China Border Tension Begins Affecting Domestic Solar Projects Adversely

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 ...
Industry Says Lockdown + 30-Days Extension for Stranded Solar Projects Not Enough

Industry Says Lockdown + 30-Days Extension for Stranded Solar Projects Not Enough

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 ...
MNRE Clarifies Lockdown Period to be Considered for Renewable Project Extensions

MNRE Clarifies Lockdown Period to be Considered for Renewable Project Extensions

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, ...
Bengaluru’s Mobility Firm Yulu Raises ₹300 Million from US-Based Rocketship.VC

Bengaluru’s Mobility Firm Yulu Raises ₹300 Million from US-Based Rocketship.VC

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 ...
Top States for Rooftop Solar Installations [Infographics]

Top States for Rooftop Solar Installations [Infographics]

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 ...