Is Unconditional Letter of Credit the Answer to Solar, Wind Payment Issues_

Is Unconditional Letter of Credit the Answer to Solar, Wind Payment Issues?

Cases of payment delays to renewable generators have become common and on the rise. However, the Ministry of Power has given these developers a shot in the arm by introducing ...
/ / Mercom Research Focus, Other
MNRE Alerts Stakeholders to Comply with the ALMM Order for Government Solar Projects

MNRE Alerts Stakeholders to Comply with the ALMM Order for Government Solar Projects

The Ministry of New and Renewable Energy (MNRE) has issued a notification shedding light on its earlier order regarding the compulsory registration under the Approved Models and Manufacturers of Solar ...
/ / Markets & Policy, Solar
MNRE Clarifies Residential Rooftop Solar Subsidy Applicability

MNRE Clarifies Residential Rooftop Solar Subsidy Applicability

The Ministry of New and Renewable Energy (MNRE) has issued a clarification regarding the subsidy applicable for rooftop solar installations by individual residential households under phase-II of grid-connected rooftop solar ...
/ / Markets & Policy, Solar
Release Bank Guarantees within 45 Days of Solar and Wind Project Completion: MNRE

Release Bank Guarantees within 45 Days of Solar and Wind Project Completion: MNRE

The Ministry of New and Renewable Energy (MNRE), through a letter, has directed NTPC and Solar Energy Corporation of India (SECI) to release performance bank guarantee (PBGs) for the solar ...
/ / Markets & Policy, Solar
BIS Certification for Solar Modules: Increasing Cost and Restricting New Technologies

BIS Certification for Solar Modules: Increasing Cost and Restricting New Technologies

Over the past five years, India has become a thriving market for solar component suppliers. Between 2014 and 2019, the installed capacity of solar energy projects has grown at a ...
/ / Markets & Policy, Solar
Policy Developments in India’s Solar and Other Renewables in August 2019

Policy Developments in India’s Solar and Other Renewables in August 2019

The month of August witnessed policy announcements related to net metering, distributed solar, rooftop solar, and even inverter related regulations. The ministry showed leniency in the solar parks program in ...
/ / Markets & Policy, Solar
MNRE Exempts BIS Certification for Replacement of Solar Modules

MNRE Exempts BIS Certification for Replacement of Solar Modules

The Ministry of New and Renewable Energy (MNRE) has issued a notification regarding BIS (Bureau of Indian Standards) certification for the replacement of solar modules in old projects. The latest ...
/ / Modules, Solar
Solar Integrators Oppose Government's Move to Only Allow Manufacturers to Bid under KUSUM

Solar Integrators Oppose Government’s Move to Only Allow Manufacturers to Bid under KUSUM

It was recently announced that only the manufacturers of solar pumps and modules had been allowed to bid for tenders under KUSUM program after recent amendments to the guidelines. This ...
/ / Solar, Tenders & Auctions
MNRE Approves ‘Series’ Guidelines for Quality Testing of Solar Inverters

MNRE Approves ‘Series’ Guidelines for Quality Testing of Solar Inverters

The Ministry of New and Renewable Energy (MNRE) has approved the series guidelines for grouping solar inverters. These series guidelines pertain to conducting tests in laboratories for the implementation of ...
/ / Inverters & BOS, Solar
Government Classifies Ocean Energy Under Renewable Source

Government Classifies Ocean Energy Under Renewable Sources

The Ministry of New and Renewable Energy (MNRE) has informed all the stakeholders that energy from the ocean like tidal, wave, ocean thermal energy conversion, will be accepted as renewable ...
/ / Other, Other Energy
Only Manufacturers of Solar Pumps and Modules Allowed to Bid Under KUSUM Program

Only Manufacturers of Solar Pumps and Modules Allowed to Bid Under KUSUM Program

The Ministry of New and Renewable Energy (MNRE) has issued an amendment to the guidelines for implementing the KUSUM program for India’s farmers, which would help solarize agriculture. Now, the ...
/ / Off-grid, Solar
MNRE Begins Allocation of Capacities to States Under KUSUM Program for India’s Farmers

MNRE Begins Allocation of Renewable Capacities to States Under KUSUM Program for India’s Farmers

The Ministry of New and Renewable Energy (MNRE) has issued a memorandum for state-wise renewable energy capacity allocation under the KUSUM program for the country’s farmers. The capacities have been ...
/ / Markets & Policy, Solar
MNRE Issues New Rooftop Solar Guidelines, Incentivizes DISCOMs to Install 18 GW

MNRE Issues New Rooftop Solar Guidelines, Incentivizes DISCOMs to Install 18 GW

The Ministry of New and Renewable Energy (MNRE) has issued operational guidelines to implement the second phase of its grid-connected rooftop solar photovoltaic (PV) program. Overall, 22 GW of rooftop ...
/ / Rooftop, Solar
India’s Solar Power Generation Grows Slower Year-Over-Year Compared to 1H of Last Year

India’s Solar Power Generation Grows Slower Year-Over-Year Compared to 1H of Last Year

In the past few years, solar power generation has increased exponentially in the country, and the electricity generation has crossed over 12 billion units (BUs) in the period between April ...
MNRE Invites Proposals for Research and Development in Solar Technology

MNRE Invites Proposals for Research and Development in Solar Technology

The Ministry of New and Renewable Energy (MNRE) has invited proposals for research and development (R&D) and demonstration in the field of solar energy. The proposals have been sent to ...
/ / Solar, Technology
Central Electronics Calls for Empanelment Solar Pump Manufacturers Under KUSUM Program

Central Electronics Calls for Empanelment of Solar Pump Manufacturers Under KUSUM Program

The Central Electronics Limited (CEL), a public-sector enterprise of the central government, has invited an Expression of Interest (EoI) for empanelment of manufactures of solar water pumps in tenders under ...
/ / Off-grid, Solar
A Recap of Policy Highlights from India’s Renewables and Solar Industry in July 2019

A Recap of Policy Highlights from India’s Renewables and Solar Industry in July 2019

The month of July was filled with announcements on policy amendments and regulations. Some of the important policy announcements included the deviation settlement mechanism (DSM), solar park program, standardization issues, ...
MNRE Clarifies Renewables Fixed Charges Calculation for Payment Security Mechanism

MNRE Clarifies Renewables Fixed Charges Calculation for Payment Security Mechanism

The Ministry of New and Renewable Energy (MNRE) has issued a clarification regarding fixed charges in the newly issued payment security mechanism regulations. The ministry has stated that in the case ...
/ / Other, Renewable Energy
Solar Continues to Shine, Makes Up 8.7% of India’s Total Power Capacity in June 2019

Solar Continues to Shine, Makes Up 8.7% of India’s Total Power Capacity as of June 2019

Renewable energy capacity additions crossed 120 GW mark (including large hydro) and accounted for nearly 35.4% of India’s capacity mix at the end of June 2019. The share of solar ...
India’s Transmission Infrastructure Struggles to Keep Up With Wind and Solar Additions

India’s Transmission Infrastructure Struggles to Keep Up With Wind and Solar Additions

With the expected surge in electricity demand over the coming decade and the rapid installation of solar and wind, India’s transmission and distribution system will require significant expansion sooner than ...
/ / Mercom Research Focus, Other
Central Grants to be Repaid with Interest If Solar Parks Are Not Developed on Time

Central Grants to be Repaid with Interest If Solar Parks Are Not Developed on Time

The Ministry of New and Renewable Energy (MNRE) has issued new guidelines incorporating changes in the project timelines for the development of solar parks in the country. These guidelines are ...
IPGCL Invites Bidders for 5 MW of Solar Rooftop Projects Under Open Category

IPGCL Invites Bidders for 5 MW of Solar Rooftop Projects Under Open Category

The Indraprastha Power Generation Company (IPGCL) has floated a tender under the open category for 5 MW  of grid-connected rooftop solar PV projects of various capacities across Delhi. The IPGCL ...
/ / Rooftop, Solar
Nearly 4,604 MW of Small Hydro Projects Commissioned in India Until June 2019

Nearly 4,604 MW of Small Hydro Projects Commissioned in India Until June 2019

The Union Ministry of New and Renewable Energy announces small hydropower (SHP) programs from time to time to provide central financial assistance (CFA) to both government and private sectors involved ...
/ / Other, Water
KUSUM Program to Get ₹344 Billion to Add Solar Capacity of 26 GW by 2022

KUSUM Program to Get ₹344 Billion to Add Solar Capacity of 26 GW by 2022

The Ministry of New and Renewable Energy (MNRE) has issued detailed guidelines to implement the KUSUM program for India’s farmers to solarize agriculture. Solar power is one of the most ...
/ / Finance and M&A, Solar
Solar Federation Writes to RK Singh for Creation of a Fund to Provide Liquidity to DISCOMs

Solar Federation Writes to RK Singh for Creation of a Fund to Provide Liquidity to DISCOMs

The National Solar Energy Federation of India (NSEFI) has written to the Minister for Power, New and Renewable Energy, R. K. Singh, seeking the creation of a fund for providing liquidity to ...