MNRE Orders Setting Up of Dispute Resolution Committee for Solar and Wind Sector

MNRE Orders Setting Up of Dispute Resolution Committee for Solar and Wind Sectors

The Ministry of New and Renewable Energy (MNRE) has issued an order to establish a system to resolve disputes between solar and wind energy developers and the Solar Energy Corporation ...
India’s NBFC Crisis Exacerbating Financing Challenges for Utility-Scale Solar Projects

India’s NBFC Crisis Exacerbating Financing Challenges for Utility-Scale Solar Projects

Since September 2018, India’s Non-Bank Financial Companies (NBFC) have been in a crisis after Infrastructure Leasing, and Financial Services (IL&FS) admitted to defaulting on several payments to its creditors, consequently ...
Ayana, EverSource, and NIIF to Invest $330 Million into India’s Renewable Projects

Andhra Pradesh Contemplating Signing PSAs for 1,750 MW of Solar Projects

The Andhra Pradesh Electricity Regulatory Commission (APERC) will soon decide whether to approve or suggest a few deviations in the power sale agreements (PSAs) for a total of 1,750 MW ...
Payment Security Mechanism for Solar Projects under VGF Program Gets ₹5 Billion Fund

SECI to Tender 1 GW of Solar Capacity to be Developed Across Eight North Eastern States

The Solar Energy Corporation of India Ltd. (SECI) has said it would soon issue a tender for 1,000 MW of solar photovoltaic (PV) capacity to be developed in the states ...
Himachal Pradesh Increases State’s Solar RPO to 7.25 Percent for FY 2019-20

1 GW of Solar Projects to be Developed in Northeastern States Under MNRE’s VGF Program

In a notification issued on Wednesday, the Ministry of New and Renewable Energy (MNRE) announced that it has received the approval by the President of India for the implementation of ...
/ / Markets & Policy, Solar
Telangana, Solar Pump, TSREDCO, JNNSM, MNRE

Telangana Issues Tender for Solar-Powered Water Pumps

The Telangana State Renewable Energy Development Corporation Limited (TSREDCO) has invited tender for the design, supply, installation and commissioning of Solar PV water pumping systems across the state. The program ...
MNRE Creates an RPO Compliance Cell to Meet India’s Solar and Wind Energy Targets

MNRE Creates RPO Compliance Cell to Meet India’s Solar and Wind Energy Targets

The Ministry of New and Renewable Energy (MNRE) has created a compliance cell for renewable purchase obligations (RPOs). The cell will coordinate with states, the central electricity regulatory commission (CERC) ...
NTPC to Tender 20 GW of Grid-Connected Solar PV Under Developer Mode

NTPC to Tender 20 GW of Grid-Connected Solar PV Under Developer Mode

The National Thermal Power Corporation (NTPC) has announced that it will tender 20 GW of grid-connected solar photovoltaic (PV) projects in coming years. The decision was announced at the ninth ...
/ / Solar, Tenders & Auctions
MNRE to Spend $10 Million to Foster Clean Energy Awareness

MNRE to Spend $10 Million to Foster Clean Energy Awareness

The Ministry of New and Renewable Energy (MNRE) is planning to spend ₹660 million (~$10.3 million) over the next two financial years on increasing renewable energy awareness in India. “The ...
/ / Markets & Policy, Solar
Indian Domestic Manufacturers

7.5 GW CPSU Program Could Be a Game Changer for Indian Domestic Solar Manufacturers

Mercom recently broke the news that the Ministry of New and Renewable Energy (MNRE) has proposed developing 7.5 GW of solar by 2022 using domestically manufactured solar cells and modules ...
/ / Markets & Policy, Solar
SOLAR PROJECT IN KANPUR

SECI Tenders a 5 MW Solar Project in Kanpur under Defence VGF Program

The Solar Energy Corporation of India (SECI) tendered a 5 MW solar project to be developed at the Ordnance Factory in Kanpur, Uttar Pradesh. The bid-submission deadline is August 16, ...
Adani-Solar Project

Adani Commissions 50 MW of Grid-Connected Solar in Uttar Pradesh

Adani has commissioned 50 MW of solar projects in Mahoba in Uttar Pradesh. The projects were developed under the Jawaharlal Nehru National Solar Mission (JNNSM). The project was developed with ...
/ / Solar, Utility Scale
Maharashtra Seamless Commissions 20 MW DCR Solar Project in Rajasthan

Maharashtra Seamless Commissions 20 MW DCR Solar Project in Rajasthan

Maharashtra Seamless, a manufacturer of electric resistance welded and seamless pipes and tubes, announced that it has commissioned a 20 MW solar project in Khetusar village, Jodhpur, Rajasthan. The company announced that ...
/ / Solar, Utility Scale
FRV 29 Million IFC

Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Projects in Andhra Pradesh

Fotowatio Renewable Ventures (FRV), has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) from the International Finance Corporation (IFC) to fund 100 MW of solar projects in India. FRV ...
/ / Finance and M&A, Solar
modules

Mercom Exclusive: Domestic Content Requirement Tenders are all but Disappearing

The domestic content requirement (DCR) category, the mandate for solar projects in India to utilize domestically manufactured solar modules and cells, was instituted in the Jawaharlal Nehru National Solar Mission ...
/ / Solar, Tenders & Auctions
Mergers & Acquisitions

Fonroche Energie SAS Divests its India Solar Assets; Shifts Focus to Latin America

France-based renewable energy developer, Fonroche Energie SAS has divested its India solar assets aggregating 22.3 MW. The assets have been acquired by the Hinduja Group. Fonroche Saaras Energy (FSEPL) and ...
/ / Finance and M&A, Solar
India Loses WTO Solar Appeal but May Find Other Ways to Subsidize Domestic Manufacturers

India Loses WTO Solar Appeal but May Find Other Ways to Subsidize Domestic Manufacturers

The World Trade Organization (WTO) upheld its earlier ruling and has rejected India’s appeal against Domestic Content Requirements (DCR) for manufacturing solar cells and modules and agreed that India’s localization ...
/ / Markets & Policy, Solar
Solar Installations in India for 2016

Mercom Capital Group Forecasts 3.6 GW of Solar Installations in India for 2016

Mercom Capital Group, a global clean energy communications and research firm, today released its quarterly update on the Indian solar market. Mercom forecasts about 2,150 MW in solar installations for ...
/ / Solar, Utility Scale
Indian Solar Market Ready to Takeoff

Indian Solar Market Ready to Takeoff Says Mercom Capital Group Raising Solar Installation Forecast to 2.5 GW for 2015

Mercom Capital Group, a global clean energy communications and research firm, today released its quarterly update on the Indian solar market. Mercom’s forecast for solar installations in India for calendar ...
/ / Markets & Policy, Solar
Installations

Mercom Capital Group Raises Indian Solar Forecast to Over 2 GW for 2015

Mercom Capital Group, a global clean energy communications and research firm, today released its quarterly update on the Indian solar market. Mercom’s forecast for solar installations in India for CY ...
/ / Markets & Policy, Solar
Forecast

Cumulative Solar Installations in India Reach 3,000 MW, Mercom Capital Group Forecasts Installations to Double in 2015

Mercom Capital Group, a global clean energy communications and consulting firm, released its quarterly update on the Indian solar market. Cumulative solar installations in India crossed the 3 GW mark ...
/ / Markets & Policy, Solar
New Solar Policy Announcements by the NDA Administration in India

New Solar Policy Announcements by the NDA Administration in India

There have been a slew of official and unofficial solar policy announcements coming out of India recently. Though most of these are still preliminary, the new announcements by the NDA ...
/ / Markets & Policy, Solar
Mercom Capital Group Updates Indian Solar Installation Forecast to About 1 GW in 2014

Mercom Capital Group Updates Indian Solar Installation Forecast to About 1 GW in 2014

Indian solar installations are forecast to be approximately 1,000 MW in 2014, according to Mercom Capital Group, llc, a global clean energy communications and consulting firm. Solar installations in India ...
/ / Solar, Utility Scale
Indian Solar Quarterly Market Update - Forecasting a Better 2014 after a Lackluster Year

Indian Solar Quarterly Market Update – Forecasting a Better 2014 after a Lackluster Year

It has been a quiet year for the Indian solar sector, with installations at 900 MW so far this year and final numbers forecasted to be similar to last year ...
/ / Solar, Utility Scale
Military Engineering Solar Tender

Non-Protectionist Solar Policies Will Help Attract Foreign Investments into India

The fundamentals of the solar sector have shifted. After years of panel price drops, module prices have gone up this year by about 10 percent, while the rupee has fallen ...
/ / Markets & Policy, Solar