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 ...
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 ...
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, ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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, ...
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 ...
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
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, ...
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 ...
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 ...
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 ...
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
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
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 ...
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 ...
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
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 ...
