Rooftop Solar The Struggles Continue DesRooftop Solar The Struggles Continue Despite Enormous Potentialpite Enormous Potential

Rooftop Solar: The Struggles Continue Despite Enormous Potential

The energy costs for commercial and industrial (C&I) units in India account for around 30%-40% of the operational expenses.  Embracing solar seems like the most logical step towards saving the ...
Rooftop Solar Company Freyr Energy Raises ₹180 Million in Funding

Rooftop Solar Company Freyr Energy Raises ₹180 Million in Funding

Hyderabad-based rooftop solar company Freyr Energy announced an equity investment of ₹180 million (~$2.3 million) from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia (SEEAA), and Capital 4 Development ...
/ / Finance and M&A, Solar
Ministry of Power Proposes Allowing Net Metering for Rooftop Solar up to 500 kW

Ministry of Power Proposes Allowing Net Metering for Rooftop Solar up to 500 kW

The Ministry of Power has issued a draft amendment to Electricity (Rights of Consumers) Rules, 2020, which allows net metering for rooftop solar systems of loads up to 500 kW ...
/ / Markets & Policy, Solar
Gadkari Urges R K Singh to Reconsider Net Metering Restriction for Rooftop Solar

Gadkari Urges R K Singh to Reconsider Net Metering Restriction for Rooftop Solar

The Minister of Micro, Small, and Medium Enterprises (MSME), Nitin Gadkari, has brought the attention of the Minister of New and Renewable Energy (MNRE), R K Singh, to a representation ...
/ / Markets & Policy, Solar
Banking Charges, Ambiguity on Net Metering Rules Major Glitches in Gujarat Solar Policy

Banking Charges, Ambiguity on Net Metering Rules Major Glitches in Gujarat Solar Policy

The solar industry believes the Gujarat government's new solar policy is a mixed bag of positive and negative initiatives for the sector. The Gujarat government announced the new 'Gujarat Solar ...
Industry Fears Rooftop Market Will Collapse Due to the New Net Metering Policy

Industry Fears Rooftop Solar Market Will Collapse Due to the New Net Metering Policy

The new rules issued by the Ministry of Power mandating net metering for loads up to 10 kW and gross metering for above 10 kW has caused widespread anxiety among ...
/ / Mercom Research Focus, Other
Solar MSMEs Seek Government Intervention to Waive Fees in NTPC’s 923 MW Tender

Solar MSMEs Seek Government Intervention to Waive Fees in NTPC’s 923 MW Tender

The National Solar Energy Federation of India (NSEFI) has sought the intervention of the Ministry of Micro, Small and Medium Enterprises (MSMEs), asking it to issue a direction to the ...
/ / Solar, Tenders & Auctions
U GRO Capital and Sunvest Capital Launch ₹200 Million Solar Financing Program in India

U GRO Capital and Sunvest Capital Launch ₹200 Million Solar Financing Program in India

U GRO Capital, a financial technology company, has entered into a partnership with Sunvest Capital, a non-banking financial company (NBFC​) focused on providing rooftop solar financing. The two have announced ...
Gujarat Relaxes its Solar Policy to Benefit MSMEs

Gujarat Relaxes its Solar Policy to Benefit MSMEs

In a welcome move, the Gujarat government has relaxed the state’s solar policy to allow micro, small, and medium enterprises (MSME) to install solar projects that are more than 100% ...
/ / Markets & Policy, Solar
Jharkhand to Install 11,000 LED Solar Streetlights Across the State

Jharkhand to Install 11,000 LED Solar Streetlights Across the State

The Jharkhand Renewable Energy Development Agency (JREDA) has issued a tender for setting up LED solar streetlights across the state on a turnkey basis. The bid submission deadline is August ...
/ / Off-grid, Solar
Uttarakhand Announces RfP for 52 MW of Grid-Connected Solar Projects

Uttarakhand Announces RfP for 52 MW of Grid-Connected Solar Projects

The Uttarakhand Renewable Energy Development Agency (UREDA) has issued a Request for Proposal (RfP) to develop 52 MW of solar projects. The RfP is for the procurement of solar power ...
Encourage Capital to Assist Indian Rooftop Solar Installers Through a $40-Million Equity Fund

Encourage Capital to Assist Indian Rooftop Solar Installers Through a $40-Million Equity Fund

Encourage Solar Finance LLP has announced the first closing of a new private equity fund, Encourage Solar Finance L.P. at $40 million. Encourage Capital is an impact investment asset manager ...
EESL Scraps its Tender for 10,000 EVs Due to Non-Availability of Chargers for Luxury Cars

Uttarakhand EV Policy Aims at Driving Investments for EV Manufacturing into the State

The state cabinet of Uttarakhand has approved a policy to promote the adoption of electric vehicles in the state, while also incentivizing those who want to foray into EV manufacturing ...
President Kovind Launches Solar Charkha Mission for Artisans

President Kovind Launches Solar Charkha Mission for Artisans

The President of India, Ram Nath Kovind, recently launched the Solar Charkha Mission in New Delhi under which the Ministry of Micro, Small & Medium Enterprises (MSME) will disburse a ...
rooftop solar workers

India SME Technology Services Tenders 3.55 MW of Rooftop Solar

India SME Technology Services, a joint venture between the Small Industries Development Bank of India (SIDBI) and four public sector banks including State Bank of India (SBI), Indian Overseas Bank ...