DGTR Initiates Mid-Term Review for an Exporter of Coated Products Used in Solar Projects

DGTR Initiates Mid-Term Review for an Exporter of Coated Products Used in Solar Projects

The Directorate General of Trade Remedies (DGTR) has initiated a mid-term review after a change in the name of an exporter from Korea in the anti-dumping investigation for imports of ...
/ / Markets & Policy, Solar
Nearly 300,000 Households Electrified Through Off-Grid Solar Solutions_ RK Singh

Nearly 300,000 Households Electrified Through Off-Grid Solar Solutions: RK Singh

Over 300,000 households have been electrified through solar-based standalone systems, the Minister of New and Renewable Energy (MNRE) R.K. Singh said in Lok Sabha recently. In October 2017, the SAUBHAGYA ...
/ / Off-grid, Solar
China's FDI in India's Non-Conventional Energy Space Shrunk in 2019-20

China’s FDI in India’s Non-Conventional Energy Space Shrunk in 2019-20

China's foreign direct investment (FDI) in the Indian non-conventional energy segment was just 3.14% of the total Chinese FDI over the last five years, indicated minister of state for finance, ...
/ / Finance and M&A, Other
In 1H 2020, China, the US, Germany, and India Installed 22.3 GW of Solar

In 1H 2020, China, the US, Germany, and India Installed 22.3 GW of Solar

The United States solar installed 3.5 GW of new solar PV capacity in the second quarter (Q2) of 2020, according to the Solar Energy Industry Association (SEIA). The installations dropped ...
/ / Markets & Policy, Solar
EV Startup Ultraviolette Automotive Secures ₹300 Million from TVS Motors

EV Startup Ultraviolette Automotive Secures ₹300 Million from TVS Motors

Ultraviolette Automotive Private Limited, a Bangalore-based electric vehicle (EVs) startup, announced that it had secured ₹300 million (~$4.08 million) from TVS Motor Company in a Series B funding round. TVS ...
/ / Finance and M&A, Other
COVID or Not, Indian EV Startups Continue to Push Forward

COVID or Not, Indian EV Startups Continue to Push Forward

Historically, mobility and fossil fuels have been inextricably linked, and electric vehicles (EVs) have been on the fringes relevant only in a few niche markets. But with climate change taking ...
/ / Mercom Research Focus, Other
EV Ride-Hailing Platform BluSmart Secures ₹510 Million

EV Ride-Hailing Platform BluSmart Secures ₹510 Million

BluSmart, an electric ride-hailing platform, announced that it secured ₹510 million (~$6.89 million) in its pre-series A funding round from multiple investors. According to its press release, investors like Inflection ...
/ / Finance and M&A, Other
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
Month in a Minute_ Top Headlines from India’s Renewable Sector in August 2020

Month in a Minute: Top Headlines from India’s Renewable Sector in August 2020

August saw the India renewable sector trying to come to terms with the new normal in the COVID-19 world. Here is a recap of the month’s most important headlines: Mercom ...
/ / Other, Renewable Energy
Global Investment in Renewable Energy Could Reach $3.40 Trillion by 2030_ Report

Global Investment in Renewable Energy Could Reach $3.40 Trillion by 2030: Report

Global investments in the renewable energy sector are expected to rise to $3.4 trillion by 2030, including an estimated investment of $2.72 trillion in solar and wind energy sectors, according ...
/ / Other, Renewable Energy
EESL Invites Bids for 2.35 Million Smart Meters to be Installed Across India

EESL Invites Bids for 2.35 Million Smart Meters to be Installed Across India

The Energy Efficiency Services Limited (EESL) has invited bids for the supply of 2.35 million smart electricity meters based on 4G/3G/2G mode to be installed across India. The last date ...
/ / Markets & Policy, Solar
India's Mahindra Signs Pact with Israel's REE Automotive to Develop Commercial EVs

India’s Mahindra Signs Pact with Israel’s REE Automotive to Develop Commercial EVs

Mahindra & Mahindra, an Indian automobile manufacturer and a part of Mahindra Group, announced that it signed a Memorandum of Understanding (MoU) with Israel-based REE Automotive to collaborate for the ...
/ / Electric Vehicles, Grid
Utility Ownership of Rooftop Solar Can be a Significant Earning Opportunity_ Report

Utility Ownership of Rooftop Solar Can be a Significant Earning Opportunity: Report

The growth of the rooftop segment has changed the landscape of solar space, and it poses several questions for the financial stability of regulated electric utilities. In its latest report, ...
/ / Rooftop, Solar
Greenko and NTPC Team Up to Develop Pumped Hydro Energy Storage Projects in India

Greenko and NTPC Team Up to Develop Pumped Hydro Energy Storage Projects in India

NTPC Limited announced that its wholly-owned subsidiary NTPC Vidhyut Vihar Nigam Limited (NVVN) signed a Memorandum of Understanding (MoU) with Greenko Energies Private Limited to explore opportunities to supply round-the-clock ...
/ / Other, Renewable Energy
Average Cost of Large-Scale and Rooftop Solar Projects Fell in Q2 2020

Average Cost of Large-Scale and Rooftop Solar Projects Fell in Q2 2020

The average large-scale solar project cost was approximately ₹34 million (~$455,532)/MW in the second quarter (Q2) 2020, a decline of 10% from the same period last year, according to Mercom’s ...
Tata Power to Help Premier Mumbai Hotels Run on Renewable Energy

Tata Power to Help Premier Mumbai Hotels Run on Renewable Energy

Indian Hotels Company Limited (IHCL) announced that it signed a power purchase agreement (PPA) with TP Kirnali Solar Limited, a wholly-owned subsidiary of Tata Power Company Limited. Under the agreement, ...
/ / Other, Renewable Energy
Sterlite Power Sells 14.7% Stake in India Grid Trust for ₹8.4 Billion

Sterlite Power Sells 14.7% Stake in India Grid Trust for ₹8.4 Billion

Sterlite Power, a power transmission infrastructure developer, announced that it had sold a 14.7% stake in the India Grid Trust (IndiGrid) for an amount of ₹8.4 billion (~$112.2 million) to ...
/ / Grid, Market & Policy
A Cost-Effective Catalyst That Can Split Water to Produce Hydrogen

A Cost-Effective Catalyst That Can Split Water to Produce Hydrogen

Researchers at the Centre for Nano and Soft Science (CeNS) claimed that they had created an efficient and cost-effective palladium-based catalyst that can be used for electrochemical splitting of water ...
/ / Other, Technology
To Push Electric Mobility, India Allows Sale of Electric Vehicles Without Batteries

To Push Electric Mobility, India Allows Sale of Electric Vehicles Without Batteries

The Ministry of Road Transport and Highway (MORTH) announced that all the states and union territories (UTs) have now been allowed the registration and sale of electric vehicles (EVs) without ...
/ / Electric Vehicles, Grid
India Installs Just 205 MW of Solar Capacity in Q2 2020

India Installs Just 205 MW of Solar Capacity in Q2 2020

India added only 205 MW of solar capacity in the second quarter of 2020 (Q2 2020), an 81% decline from the previous quarter's 1,090 MW of additions. The findings were ...
‘Interested Parties’ in Anti-Subsidy Investigation on Malaysian Solar Glass Imports

‘Interested Parties’ in Anti-Subsidy Investigation on Malaysian Solar Glass Imports

The Director-General of Trade Remedies (DGTR) has published a list of parties interested in its anti-subsidy investigation concerning the import of textured (tempered) glass from Malaysia. This glass is used ...
EESL to Empanel Consultants for Solar Projects in Eastern and Northeastern States

EESL to Empanel Consultants for Solar Projects in Eastern and Northeastern States

The Energy Efficiency Services Limited (EESL) has invited bids to empanel consultants for a detailed project report (DPR) for solar power projects in West Bengal, Bihar, Jharkhand, and northeastern states ...
/ / Markets & Policy, Solar
Long-Term Basic Customs Duty Crucial for India’s Solar Sector_ Roundtable

Long-Term Basic Customs Duty Crucial for India’s Solar Sector: Roundtable

Mercom India held a webinar on August 4, 2020, to discuss the pressing issues and opportunities in the Indian renewable energy sector amid the COVID-19 pandemic. The roundtable discussed the ...
/ / Markets & Policy, Solar
India’s Solar Generation Increased by 26% in Q2 2020

India’s Solar Generation Increased by 26% in Q2 2020

Between April and June 2020 (Q2), nearly 15.7 billion units (BU) of electricity was generated from solar-based sources, according to data from the Central Electricity Authority (CEA). This was a ...
Month in a Minute_ Top Headlines from India’s Renewable Sector in July 2020

Month in a Minute: Top Headlines from India’s Renewable Sector in July 2020

Here is a recap of some of the most important headlines from the month: The Department of Revenue under the Ministry of Finance issued a notification imposing safeguard duty on ...