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
WiseEnergy Signs 550 MW Solar Asset Management Contract in India with Actis_ Interview

WiseEnergy Signs 550 MW Solar Asset Management Contract in India with Actis: Interview

With rapid installation targets and large existing operating base of assets, solar asset management is fast gaining traction in the Indian market. Solar asset management includes all aspects of solar ...
/ / Other, Sponsored News
EVs, Solar, Energy Efficiency, Part of Amazon’s Approach to Sustainability_ Interview

EVs, Solar, Energy Efficiency, Part of Amazon’s Approach to Sustainability: Interview

Large corporations can play a significant role in spearheading the transition towards green energy, decarbonization, and a sustainable future. Over the last few years, Amazon, an e-commerce giant and one of ...
Power Consumption in Rural India Plummeted by Nearly 70% During Lockdown_ Interview

Power Consumption in Rural India Plummeted by Nearly 70% During Lockdown: Interview

The lockdown announced in India to curb the virus was one of the longest in the world, and as a result, millions of migrant workers were forced to make their ...
In FY 2020, 44.3% of Infosys’ Electricity Came From Renewable Sources_ Interview

In FY 2020, 44.3% of Infosys’ Electricity Came From Renewable Sources: Interview

Infosys, an Indian information technology company, recently signed up for 'The Climate Pledge,' committing to achieve net-zero carbon emissions across its businesses by 2040, making it the first Indian company ...
India Should Start with Focus on EV Technology and Design_ Magenta Power Interview

India Should Start with a Focus on EV Technology and Design: Magenta Power Interview

The coronavirus (COVID-19) outbreak has severely affected the Indian economy, which was already losing pace. The electric vehicle (EV) industry, like all others, is reeling under the unprecedented challenges posed ...
COVID Crisis Will Drive the Digital Transformation of Solar Companies_ Huawei Interview

COVID Crisis Will Drive the Digital Transformation of Solar Companies: Huawei Interview

Power is an essential service, and the renewable industry has been one of the saviors of the power sector in this crisis. Solar, in particular, has shown that it is ...
6 Month Moratorium to Renewable Generators Can Bring Huge Relief_ ReNew Interview

Six Month Moratorium to Renewable Generators Can Bring Huge Relief: ReNew Interview

The global coronavirus crisis has disrupted production processes and supply chains across sectors, and the solar industry is no exception. In India, the lockdown is still in place, and social ...
Technology and Financing Could Unlock Underserved SMEs in Rooftop Solar_ Interview

Technology and Financing Could Unlock Underserved SMEs in Rooftop Solar: Interview

After five consecutive years of growth, the rooftop solar market in India had a rough year in 2019 with installations totaling 1.1 GW, which was a 33% decline year-over-year. Now ...
Restrictive Policies a Hindrance for Rooftop Solar_ Amplus Interview

Restrictive Policies a Hindrance for Rooftop Solar: Amplus Interview

The ongoing economic slowdown, uncertainties in policies, and regulatory hurdles have slowed down the pace of rooftop installations. Rooftop installations currently account for nearly 12% of total solar installations in ...
/ / Markets & Policy, Solar
EPC Pricing is Slowly Normalizing to Sustainable Levels_ Rays Power Interview

EPC Pricing is Slowly Normalizing to Sustainable Levels: Rays Power Interview

As the solar industry has grown in India, the engineering, procurement, and construction (EPC) services have evolved with increased competition. Most of the EPC players have been forced to cut ...
/ / Markets & Policy, Solar
BIS Certification Can Clean the Solar Market of Small, Weak Players_ Growatt Interview

BIS Certification Can Clean the Solar Market of Small, Weak Players: Growatt Interview

The extension of BIS standards certification for solar inverters was met with mixed responses. Some believe that it was essential because it gave them more time to go through the ...
Inverter Companies Facing Strong Downward Pricing Trends_ Sineng Interview

Solar Inverter Companies Facing Strong Downward Pricing Trends: Sineng Interview

India has significant potential to generate solar energy, thanks to high solar irradiation in most parts of the country. The hurdles mostly lie in the market and policy environment. These ...
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 Slowdown Has Taken a Toll on Indian Rooftop Solar Market_ Solis Interview

Economic Slowdown Has Taken a Toll on Indian Rooftop Solar Market: Solis Interview

In August 2019, Mercom reported that in the first half of the year, the top five solar inverter manufacturers in China accounted for 36.44% of inverter exports globally from China ...
/ / Rooftop, Solar
Price Competition Translates into Technological Competition_ Growatt Interview (1)

Price Competition Translates into Technological Competition: Growatt Interview

For solar project developers in the country, the decision to choose one inverter over the other is becoming increasingly difficult, given the rapid expansion of the segment, and numerous entrants ...
/ / Markets & Policy, Solar
Polycrystalline Solar Modules Cannot Survive for Long in India_ LONGi Solar Interview

Polycrystalline Solar Modules Cannot Survive for Long in India: LONGi Solar Interview

The introduction of passivated emitter rear contact (PERC) cell technology has markedly increased the efficiency of monocrystalline cells, making them an economically attractive option for many projects. However, the use ...
Our Inverter Factory in Bangalore Almost Ready for Manufacturing_ Sineng Interview

Our Solar PV Inverter Factory in Bangalore Ready for Manufacturing: Sineng Interview

India is on pace to add over 8 GW of solar in 2019, according to the recent Q2 2019 India Solar market update published by Mercom India and is the third-largest solar ...
Quality Consciousness in Indian Solar Projects is a Mixed Bag_ DuPont Interview

Quality Consciousness in Indian Solar Projects a Mixed Bag: DuPont Interview

The quality of photovoltaic modules goes a long way in ensuring the longevity of solar projects. In the quest to maximize profits, there has been a tendency to compromise on ...
Solar Quality Tests a Good Move at an Exorbitant Cost_ Fronius India Interview

Solar Quality Tests a Good Move at an Exorbitant Cost: Fronius India Interview

After rapid expansion in the Indian rooftop solar sector, installations have slowed down this year, and there is certainly room for improvement in the form of government support, quality issues ...
/ / Markets & Policy, Solar
The Right Mix of Energy Storage Technologies Can Have a Huge Impact_ Interview

The Right Mix of Energy Storage Technologies Can Have a Huge Impact: Interview

As India installs solar and wind energy at a rapid pace, grid congestion is a regular occurrence, power cuts are still prevalent, and curtailment of solar and wind is rampant ...
/ / Energy Storage, Market & Policy
Further Reduction in Indian Solar Module Price Unlikely_ Adani Interview

Adani Interview: Further Reduction in Indian Solar Module Price Unlikely

In a recently-released report, Mercom observed that in Q1 2019, the average selling price of domestic solar modules declined by about 3.5% from $0.277 (~₹19)/W to $0.268 (~₹18)/W. Indian modules ...
Corporate Segment Key Driver for Rooftop Solar_ Interview with Manu Karan, CleanMax Solar

Corporate Segment Key Driver for Rooftop Solar: Interview with Manu Karan, CleanMax Solar

State and central subsidies coupled with increasing demand from the government, commercial and industrial sectors, have enabled the steady progress of the rooftop solar sector in India. Cumulative solar rooftop ...
Price War Not Desirable for Any Industry: An interview with Sungrow’s Sunil Badesra

Price War Not Desirable for Any Industry: An interview with Sungrow’s Sunil Badesra

In India, there are over 30 inverter suppliers, which means there’s healthy competition in the market. Over the past two years (2017 and 2018), the top four inverter suppliers in ...
DISCOM Credit Risk is High but Risk Perception has Reduced with SECI and NTPC: Interview

DISCOM Credit Risk is High but Risk Perception has Reduced with SECI and NTPC: Interview

India recently achieved the milestone of  25 GW of installed solar capacity but the market has slowed down after safeguard duty announcement and other risk factors. Mercom sat down with ...
/ / Markets & Policy, Solar
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