India's Lockdown Amid COVID-19 Hurts Wind Supply Chain Globally_ Report

India’s Lockdown Amid COVID-19 Hurts Wind Supply Chain Globally: Report

The Global Wind Energy Council (GWEC) has released a new report which analyzes how COVID-19 is impacting the global wind industry, including India. According to GWEC's report, "When the COVID-19 ...
/ / Other, Wind
Implications of COVID-19 lockdown on Indian solar industry

Implications of COVID-19 Lockdown on Indian Solar Industry

The outbreak of COVID-19 has brought the world to a standstill, disrupting businesses globally. To fight the outbreak, the Government of India ordered a complete lockdown from March 24, 2020, ...
COVID-19 Lockdown_ MNRE Extends Deadline for All Renewable Projects Under Construction

COVID-19 Lockdown: MNRE Extends Deadline for All Renewable Projects Under Construction

All renewable energy projects currently under implementation will be given an extension of time in light of the ongoing lockdown due to the Covid-19 pandemic, Anand Kumar, Secretary of the ...
Staff at Renewable Generating Stations Allowed to Work During COVID-19 Lockdown

Staff at Renewable Generating Stations Allowed to Work During COVID-19 Lockdown

According to the order issued by the Ministry of Home Affairs, all offices of the government of India, its autonomous and subordinate offices, and pubic corporations will remain closed except ...
/ / Markets & Policy, Other
China, United States and India Collectively Added Over 51 GW of Solar in 2019

China, United States and India Collectively Added Over 51 GW of Solar in 2019

The top three solar markets in the world - China, U.S., and India, added nearly 51 GW of solar capacity in 2019. China led the way with 30.1 GW, followed ...
/ / Markets & Policy, Solar
India and Sweden To Create $5 Million Fund to Research Smart Grids

India and Sweden to Create $5 Million Fund to Research Smart Grids

Sweden and India recently announced the India-Sweden collaborative industrial research and development program at the India Smart Utilities Week. This collaborative effort will be co-funded by the Department of Science ...
/ / Grid, Smart Grid
Solar Imports Declined, Exports Surged in 2019

Solar Imports Declined, Exports Surged in 2019

In the calendar year (CY) 2019, India imported solar cells and modules worth $2.17 billion, a drop of almost 16% compared to CY 2018. In CY2018, the Indian solar sector ...
/ / Mercom Research Focus, Other
Component Manufacturers in Renewable Industry Need More Support

Component Manufacturers in Renewable Industry Need More Support: Sungrow Interview

Solar inverter manufacturers have not had the easiest of times in the Indian market lately, given an uncertain policy environment and rising competition from foreign players. The ambiguity of the ...
Economic Survey 2020_ India on Track to Meet its Renewable Target

Economic Survey 2020: India on Track to Meet its Renewable Target

The Ministry of Finance’s Economic Survey for 2020 highlighted the government’s efforts to push for renewable energy and fight climate change in 2019. It, however, did not make any comments ...
EXIM Bank Lends $35.8 Million for Solar DG Hybrid PV Systems in the Republic of Suriname

EXIM Bank Lends $35.8 Million for Solar DG Hybrid PV Systems in the Republic of Suriname

The Export-Import Bank of India (EXIM Bank) has extended a line of credit (LC) of $35.80 million (~₹2.54 billion) to the Republic of Suriname. This line of credit comes as ...
/ / Finance and M&A, Solar
Privatizing DISCOMs the Way Out of their Financial Mess

Privatizing DISCOMs the Way Out of their Financial Mess

The Indian power sector has been reeling under enormous financial pressure over the last few decades. Distribution companies (DISCOMs), a crucial part of the power sector, have been at the ...
New Renewable Energy Platform O2 Power to Build 4 GW of Solar and Wind Projects in India

New Renewable Energy Platform O2 Power to Build 4 GW of Solar and Wind Projects in India

Swedish private equity company EQT Infrastructure and Singapore-based holdings company Temasek have announced the launch of O2 Power, their renewable energy platform in India. According to a press statement from ...
Amazon to Add 10,000 Electric Vehicles in its Delivery Fleet by 2025

Amazon India to Add 10,000 Electric Vehicles in its Delivery Fleet by 2025

E-commerce giant Amazon India has announced that its fleet of delivery vehicles in the country will include 10,000 electric vehicles (EVs) by 2025. The fleet will include three-wheeler and four-wheeler ...
/ / Electric Vehicles, Grid
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 ...
Haryana, Karnataka, Kerala Emerge as Top States for Energy Efficiency

Haryana, Karnataka, Kerala Emerge as Top States for Energy Efficiency

The Ministry of Power (MoP) has announced the release of its ‘State Energy Efficiency Index 2019’ report, which keeps tabs on the progress made by the Indian states and union ...
Indian Solar Industry – Cautiously Optimistic

Solar REC Trading Volume Improved in December 2019

In December 2019’s renewable energy certificate (REC) trading session, there was a significant increase in the number of solar RECs that were traded when compared with the previous month of ...
/ / Other, Renewable Energy
Tata Motors Announces the Launch of Electric SUV - Nexon EV

Tata Motors Announces the Launch of Electric SUV – Nexon EV

Tata Motors has announced Nexon EV, its first long-range electric sports utility vehicle (SUV) in the country, and has scheduled it to be launched in January 2020. The electric vehicle, priced ...
China, US, and India Added 9.4 GW of Solar in Q3 2019

China, US, and India Added 9.4 GW of Solar in Q3 2019

The top 3 solar markets in the world - China, the U.S., and India collectively added 9.4 GW of solar in Q3 of 2019. The U.S. solar market installed 2.6 ...
Import of Solar Cells and Modules Drop and Exports Rise in the First Nine Months of 2019

Import of Solar Cells and Modules Drop and Exports Rise in the First Nine Months of 2019

In the first nine months (9M) of 2019, India imported solar cells and modules worth $1.6 billion (~₹115.7 billion), a drop of around 22% compared to 9M 2018. However, exports ...
Central Electronics Limited Tenders for 1 Million Multicrystalline Solar Cells (1)

Central Electronics Limited Tenders for 1 Million Multicrystalline Solar Cells

Sahibabad-based public sector enterprise, Central Electronics Limited (CEL), has announced a tender for the supply of one million multi-crystalline solar cells on a fixed price basis. According to the tender, ...
2019_ A Year of Positive Momentum for India's EV Sector

2019: A Year of Positive Momentum for India’s EV Sector

The electric vehicle sector in India saw a lot of positive moves in 2019, with the launch of FAME India – II, introduction of tax exemptions for buyers, subsidies for ...
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 ...
Public Health Department in Rajasthan Announces Tender to Install 520 Solar Pumps

Public Health Department in Rajasthan Announces Tender to Install 520 Solar Pumps

The Public Health Engineering Department (PHED) of Rajasthan has floated tenders for setting up solar-based water pumping systems in the state. The PHED has issued three different tenders for the ...
Ather Energy to Set Up Lithium-ion EV Battery Manufacturing Facility in Tamil Nadu

Ather Energy to Set Up EV, Lithium-ion Battery Manufacturing Facility in Tamil Nadu

Ather Energy has announced that it has signed a memorandum of understanding (MoU) with the government of Tamil Nadu to set up a two-wheeled electric vehicle and lithium-ion battery manufacturing ...
Month in a Minute_ Important News Snippets from India’s Renewable Sector in November 2019

Month in a Minute: Important News Snippets from India’s Renewable Sector in November 2019

For the domestic renewable industry, November was a busy month on the investment front. There were several important funding announcements in the Indian renewable sector, along with technological developments and ...