First Loss Protection Can Open up Third-Party Rooftop Solar Market

First Loss Protection Can Open up Third-Party Rooftop Solar Market

The rooftop solar market slowed down significantly in 2019 along with regulatory hurdles and the overall downturn in the economy – it has yet to recover. Because of the liquidity ...
Solar Projects are Helping Generate Income, Create Jobs and New Skills in Rural Areas

Solar Projects are Helping Generate Income, Create Jobs and New Skills in Rural Areas

The development of large solar power projects in rural areas usually gets a bad rap as it is associated with issues like land grabbing, deforestation, and disruption of the rural ...
Indian Solar Industry Optimistic Going Into 2020

Indian Solar Industry Optimistic Going Into 2020

After a somewhat disappointing year, the domestic solar industry’s hopes are pinned on 2020. Towards the end of 2019, Mercom revised its estimates for the calendar year (CY) 2019 down ...
Solar Project Developers Still Waiting for Safeguard Duty Reimbursement

Solar Project Developers Still Waiting for Safeguard Duty Reimbursement

To protect domestic cell and module manufacturers, a 25% safeguard duty was announced on solar cell and module imports from China and Malaysia for the period between July 30, 2018, ...
/ / Mercom Research Focus, Other
Letter of Credit Has not Been Effective as Payment Security for Solar Developers

Letter of Credit Has not Been Effective as Payment Security for Solar Developers

To tackle the risks related to delays in payments to independent power producers, the Ministry of Power (MoP) recently mandated state-owned distribution companies (DISCOMs) to issue a letter of credit ...
Solar Tender, Auction & Commissioning Delays Causing Liquidity Issues for Developers

Solar Tender, Auction & Commissioning Delays Causing Liquidity Issues for Developers

According to several solar developers Mercom interacted with recently, there was unanimous agreement that the cost of participating in large-scale solar tenders has reduced their ability to actively bid for ...
/ / Mercom Research Focus, Other
New Guidelines Restrict Short-term Equity Investment in Solar Projects

New Guidelines Restrict Short-term Equity Investment in Solar Projects

In an amendment to the competitive bidding guidelines for procuring power from grid-connected solar PV projects, issued by the MNRE in July 2019, it was noted that the project developers need to maintain a controlling shareholding of 51% in the SPV or project company executing the PPA. ...
/ / Mercom Research Focus, Other
Accurate Forecasting of Renewable Generation a Tough Task for Solar & Wind Developers

Accurate Forecasting of Renewable Generation a Tough Task for Solar & Wind Developers

With India’s target to install 175 GW of renewables by 2022, the share of renewables is only going to grow, making the grid integration of these intermittent renewable resources into ...
/ / Mercom Research Focus, Other
Tariff Adoption Delays are Hurting Investments and Jobs in the Solar Sector

Tariff Adoption Delays are Hurting Investments and Jobs in the Solar Sector

According to Section 63 of the Electricity Act 2003, authorities such as the state electricity regulatory commissions (SERCs) are expected to adopt tariffs that have been discovered through a transparent ...
/ / Mercom Research Focus, Other
Solar MSMEs are Not Benefiting from Safeguard Duty and Domestic Content Rules

Solar MSMEs are Not Benefiting from Safeguard Duty and Domestic Content Rules

Over the past year and a half, the government has launched several policy measures to support the domestic solar manufacturing industry — these range from the imposition of a safeguard ...
Has Safeguard Duty Created a Market for Domestic Small-Scale Solar Manufacturers_

Has Safeguard Duty Created a Market for Domestic Small-Scale Solar Manufacturers?

In July 2018, the Directorate General of Trade Remedies (DGTR) recommended a safeguard duty on cells and modules imported from China and Malaysia, which upended the solar supply chain in ...
Removal of 1 MW Cap on Net Metering Crucial for India’s Rooftop Solar Growth

Removal of 1 MW Cap on Net Metering Crucial for India’s Rooftop Solar Growth

The rooftop solar market in India has been growing steadily over the last five years. According to the recent Q2 2019 India Solar market update published by Mercom India, cumulative ...
/ / Mercom Research Focus, Other
Who Will Drive India’s Two and Three-Wheeled EV Segment_

Who Will Drive India’s Two and Three-Wheeled EV Segment?

India’s electric mobility revolution is just beginning. The electric vehicle (EV) market in India is buoyant amid increasing policy support from the government. The adoption of EVs in the country ...
/ / Mercom Research Focus, Other
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 ...
/ / Mercom Research Focus, Other
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, ...
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 ...
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 ...
GST Introduction to be Treated as Change in Law for Transmission Service Providers: CERC

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 ...
/ / Mercom Research Focus, Other
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 ...
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 ...