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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
/ / Mercom Research Focus, Other
Budget 2019: Tempered Expectations from India’s Solar Industry

Budget 2019: Tempered Expectations from India’s Solar Industry

The year 2018 was a tumultuous one for the solar industry. Vague interpretation of the Goods and Services Tax (GST) rates led to a long period of confusion which in ...
Small Rooftop Solar Companies in India Struggle to Find Viable Financing Options

Small Rooftop Solar Companies in India Struggle to Find Viable Financing Options

After winning the general elections in 2014, the Modi administration set a target of installing 100 GW of solar capacity by 2022, out of which rooftop solar capacity was slated ...
MNRE Creates an RPO Compliance Cell to Meet India’s Solar and Wind Energy Targets

Most States Fail to Meet RPO Targets with 27 Achieving Less Than 60%

As many as twenty seven Indian states and union territories in the country have achieved less than 60 percent of their renewable purchase obligations (RPO), according to a statement made ...
Does the Appointment of New RBI Governor Help India’s Solar Sector?

Does the Appointment of New RBI Governor Help India’s Solar Sector?

In the recent quarters, India’s solar industry has been reeling with lending issues, among other factors related to financing. Interest rates are about 1 percent higher and availability of financing ...
Solar Developers Complain They Have to Pay GST on Safeguard Duty, Request Reimbursement

Solar Developers Complain They Have to Pay GST on Safeguard Duty, Request Reimbursement

It has been almost 6 months since the imposition of safeguard duty on solar imports to India. However, the industry is still clamoring for clarity amid a plethora of problems ...
Maharashtra Auctions 500 MW of Wind Projects to be Developed Across the State

India Sees Over 9.5 GW of Wind Auctions Since Inception of Reverse Bidding in 2017

Since the inception of reverse bidding in India’s wind sector back in February 2017, approximately 10 GW of wind power projects have been auctioned in the country. The Minister for ...
/ / Mercom Research Focus, Other
Solar Inverter Suppliers Still Waiting for MNRE to Extend Deadline for BIS Certification

Solar Inverter Suppliers Still Waiting for MNRE to Extend Deadline for BIS Certification

The lingering confusion around the policy and implementation of BIS certification for solar inverters has been a cause for concern in the industry for some time. As the date of ...
/ / Mercom Research Focus, Other
Vedanta’s Odisha Branch Invites Expression of Interest for Procuring Solar Power

Will Recent State Elections Impact India’s Solar Growth Trajectory?

Assembly elections were held in five Indian states - Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh, and Mizoram last week. Following the election outcomes, all four states except for Telangana, underwent a ...
/ / Mercom Research Focus, Other
Solar Developers Request Exemption from Safeguard Duty for Ongoing Projects

Solar Manufacturing Units in India’s SEZs will Have to Pay Safeguard Duty

Solar module and cell manufacturers in India who are operating in special economic zones (SEZs) will not benefit from the levy of 25 percent safeguard duty on solar imports. These ...
/ / Mercom Research Focus, Other
Can Solar Kits Propel the Growth of Residential Rooftop Market in India?

India’s Rooftop Solar Market – Where is it Now and Where is it Going?

India’s rooftop solar installations have been growing at a healthy pace so far but could slow down  in the short-term, following the imposition of the safeguard duty earlier this year ...
/ / Mercom Research Focus, Other
Confusion Around BIS Certification for Inverters

Confusion Around BIS Certification for Solar Inverters

The Indian solar market has expanded impressively over the past few years and as the market has grown the government has begun to pay attention to quality issues. The concern ...
/ / Mercom Research Focus, Other
Global Module Suppliers Trina and Canadian Solar Announce World Record Efficiencies

Is the Indian Solar Market Ready to Make the Transition to Mono PERC Modules?

Consensus in the solar industry is that it is gradually shifting towards monocrystalline cell technology from the more common multicrystalline (also called multicrystalline) cells and modules. The introduction of passivated ...
/ / Mercom Research Focus, Other
Upper Tariff Ceiling of ₹3.25/kWh Set for 500 MW Solar Tender in Uttar Pradesh

Solar Curtailment Still an Issue for Power Developers in India

Solar project developers in the country continue to face curtailment issues and when it comes to states like Tamil Nadu, Andhra Pradesh, Karnataka, among others, the issue of curtailment is ...
/ / Mercom Research Focus, Other
Maharashtra Floats a 50 MW Solar Tender Across 30 Districts

Solar Projects Facing Land Challenges in Rajasthan’s Bhadla Park

Solar projects aggregating 750 MW under development in Rajasthan’s Bhadla Solar Park are facing delays due to land procurement issues. According to Mercom’s India Solar PV Project Tracker, the entire ...
Budgetary Allocation for Solar Increased by 1% While Coal Gets a 48% Boost in 2019-20

Why the 2.4 GW Solar Auction Was Cancelled

A few weeks ago, news that the Solar Energy Corporation of India (SECI) cancelled 2.4 GW of auctioned solar capacity made the headlines. The capacity cancelled was part of the ...