Is Unconditional Letter of Credit the Answer to Solar, Wind Payment Issues_

Is Unconditional Letter of Credit the Answer to Solar, Wind Payment Issues?

Cases of payment delays to renewable generators have become common and on the rise. However, the Ministry of Power has given these developers a shot in the arm by introducing ...
/ / Markets & Policy, Solar
India’s E-Commerce Industry_ Untapped Market for Rooftop Solar

India’s E-Commerce Industry: Untapped Market for Rooftop Solar

The Jawaharlal Nehru National Solar Mission (JNNSM) has a solar capacity installation goal of 100 GW by 2022. The target requires 40 GW to be installed using rooftop solar. Currently, ...
/ / Rooftop, Solar
Mono PERC Modules are Coming to India; It is Just a Matter of When

Mono PERC Solar Modules are Coming to India; It is Just a Matter of When

With increased acceptance of high-efficiency monocrystalline (mono) technology in solar projects around the world, Chinese cell and module suppliers are swiftly scaling production of these products. This shift is occurring ...
/ / Modules, Solar
Corporate Social Responsibility Funds Can be an Effective Tool for Solar Expansion

Corporate Social Responsibility Funds Can be an Effective Tool for Solar Expansion

Economic growth has pulled millions of people out of poverty around the world but has also resulted in severe pollution especially in emerging markets like India and China with harmful ...
/ / Markets & Policy, Solar
India’s Transmission Infrastructure Struggles to Keep Up With Wind and Solar Additions

India’s Transmission Infrastructure Struggles to Keep Up With Wind and Solar Additions

With the expected surge in electricity demand over the coming decade and the rapid installation of solar and wind, India’s transmission and distribution system will require significant expansion sooner than ...
/ / Grid, T&D
Lack of Insurance for Solar Modules Holding Back Indian-Made Modules

Lack of Insurance for Solar Modules Holding Back India-Made Modules

Indian manufacturers have made solid inroads supplying to the domestic market after the safeguard duty was imposed on imported modules from China, Malaysia, and Taiwan last year, according to Mercom ...
Andhra Pradesh’s Decision to Renegotiate Solar and Wind PPAs Sets Bad Precedent

Andhra Pradesh’s Decision to Renegotiate Solar and Wind PPAs Sets Bad Precedent

In a surprise announcement on July 1, 2019, the Andhra Pradesh government said it was going to review the power purchase agreements (PPAs) signed between the state’s electricity distribution companies ...
Low Tariffs Pushing Developers to Cut Costs and Quality of Solar Mounting Structures

Low Tariffs Pushing Developers to Cut Costs and Quality of Solar Mounting Structures

Module mounting structures are the backbone of any solar photovoltaic (PV) energy project. Good quality mounting structures on a ground-mounted or rooftop solar project not only helps maintain the optimum ...
Is Group Captive the Next Attractive Solar Market in 2019?

Is Group Captive the Next Attractive Solar Market in 2019?

On paper, the open access solar is an attractive source of power for large consumers (with a connected load of more than 1 MW). It allows them to procure solar ...
Harsh Penalties for Deviation Settlement is Playing Havoc with Solar, Wind Projects

Harsh Penalties for Deviation Settlement is Playing Havoc with Solar, Wind Projects

India is one of the leading markets for renewable energy generation in the world. It was the third largest solar photovoltaic (PV) market in the first quarter of 2019 behind ...
Tariff Caps are Slowing Solar Auction Activity

Tariff Caps are Slowing Down Solar Auction Activity

The solar market in India is extremely competitive. Reverse auctions have driven tariffs lower and lower, and developers are fighting for every penny to make a decent return on their ...
/ / Markets & Policy, Solar
Land is Still the Biggest Impediment for Large-Scale Solar and Development

Land is Still the Biggest Impediment for Large-Scale Solar Development

The Indian solar energy market has come a long way, from about 3 GW of installed capacity in 2014 to over 30 GW in 2019. The solar industry has been ...
Indian Solar Exports to the US to Incur 25% Safeguard Duty From June 5

India’s Solar Exports to the US to Incur 25% Safeguard Duty from June 5, 2019

The United States President Donald Trump has ended India’s designation as a beneficiary developing country, thereby ending duty-free status of about 2,000 products amounting to approximately $6 billion, including solar ...
/ / Markets & Policy, Solar
India’s Solar Industry Reacts to Modi Government’s Win in Lok Sabha Elections 2019

India’s Solar Industry Reacts to Modi Government’s Win in Lok Sabha Elections 2019

Stakeholders in India’s renewable energy sector are upbeat about the Bhartiya Janata Party (BJP) coming back into power for a second term under the leadership of Prime Minister Narendra Modi ...
India’s NBFC Crisis Exacerbating Financing Challenges for Utility-Scale Solar Projects

India’s NBFC Crisis Exacerbating Financing Challenges for Utility-Scale Solar Projects

Since September 2018, India’s Non-Bank Financial Companies (NBFC) have been in a crisis after Infrastructure Leasing, and Financial Services (IL&FS) admitted to defaulting on several payments to its creditors, consequently ...
Payment Security Mechanism for Solar Projects under VGF Program Gets ₹5 Billion Fund

Payment Delays in Andhra Pradesh, Telangana, Tamil Nadu Hit Solar and Wind Developers

Payment delays are becoming a problem again for solar and wind project developers in India especially in Andhra Pradesh, Tamil Nadu, and Telangana. Some instances in Madhya Pradesh and a ...
Serious Policy Push Needed to Get India's Rooftop Solar Market to the Next Level

Serious Policy Push Needed to Get India’s Rooftop Solar Market to the Next Level

The rooftop solar segment in India has been growing at a brisk pace, with cumulative installed capacity reaching 3,260 MW as of December 2018. Rooftop installations grew 66% (year-over-year) with ...
Is Inclusion of Large Hydro Power in India’s Renewable Mix a Good Move?

Is Inclusion of Large Hydro Power in India’s Renewable Mix a Good Move?

Large hydro power (LHP) projects are back in the limelight in India, thanks to the recent notification by the Ministry of Power in which such projects were reclassified as renewables ...
SECI Likely to Issue RfS for 2.5 GW of Solar in Kargil by December 31, 2018

Solar Auction Cancellations Need a Fix for Market Sentiment to Improve

India’s quest to reach 100 GW of solar installations by 2022 has been made a little more challenging with government agencies canceling auctions after results have been announced. Since the ...
/ / Markets & Policy, Solar
Malaysia Seeks Consultations with India over Solar Safeguard Duty: WTO

Duties and Tariffs Piling Up in the Indian Renewable Industry

India’s total renewable energy installations stand at around 75 GW, of which wind energy accounts for more than 35 GW, followed by solar energy, which has witnessed exponential growth with ...
/ / Markets & Policy, Solar
Wind PPA Honor MNRE SERC

Tariff a Bone of Contention Between Indian Wind Stakeholders and Government Agencies

India’s wind energy sector has come a long way since the introduction of reverse auctions. In 2016, the Solar Energy Corporation of India (SECI) carried out the first-ever wind auction in ...
/ / Other, Wind
Jharkhand Adopts E-Mobility Program in Partnership With EESL

10 Drivers of EV Market in India

The Indian government launched the National E-Mobility Program in March 2018 to achieve 100 percent e-mobility by . Since then, the country has taken several policy initiatives to propel the growth ...
Centre Advises Andhra Pradesh Government Against Revisiting Solar, Wind PPAs

Indian Solar Industry Sluggish Amid General Elections

The 2019 general elections are currently underway in India. In recent months, with the country gearing up for one of the biggest democratic exercises, the solar tender and auction activity ...
/ / Markets & Policy, Solar
Azure’s Petition before MERC Seeking Declaration of GST as Change in Law Dismissed

Investment in Indian Solar Sector Dips to $9.8 Billion in 2018

In 2018, investments in the Indian solar sector totaled approximately $9.8 billion compared to 2017, in which almost $11.5 billion flowed into the Indian solar sector.  2018 witnessed a decline ...
/ / Markets & Policy, Solar
Indian Solar Exports to the US to Incur 25% Safeguard Duty From June 5

Domestic Solar Manufacturers Unhappy Months after Safeguard Duty Imposition

The imposition of safeguard duty on solar cell and module imports from China and Malaysia is proving to be a bigger issue for local manufacturers than was perhaps anticipated. Last ...
/ / Markets & Policy, Solar