Green Energy Corridor, Rooftop Solar, Solar Pumps Proposed in Uttar Pradesh Budget

Green Energy Corridor, Rooftop Solar, Solar Pumps Proposed in Uttar Pradesh Budget

The Uttar Pradesh Government has announced the budget for the financial year (FY) 2022-23 and allocated funds for renewable energy project development in the state. Presenting the budget, Finance Minister ...
Draft Battery Swapping Policy Released

Draft Battery Swapping Policy Released

NITI Aayog has issued the draft battery swapping policy addressing the key technical, regulatory, institutional, and financing challenges to help India develop battery-swapping ecosystems to unlock the large-scale adoption of ...
MNRE Pushes for Decentralized Renewable Energy to Power Livelihood Applications

MNRE Pushes for Decentralized Renewable Energy to Power Livelihood Applications

The Ministry of New and Renewable Energy (MNRE) has issued the framework to promote and develop decentralized renewable energy-based livelihood applications. Decentralized renewable energy livelihood applications are solutions powered by ...
/ / Other, Renewable Energy
EVs Gear Up for a Breakthrough Year in 2022

EVs Gear Up for a Breakthrough Year in 2022

The increasing number of green number plates on Indian roads is the best testament to the new vehicle buyers’ growing inclination towards electric vehicles (EVs). Though the number of vehicles ...
/ / Mercom Research Focus, Other
Europe Imposes up to 19.2% Anti-Dumping Duty on Chinese Steel Wind Turbine Towers

Europe Imposes up to 19.2% Anti-Dumping Duty on Chinese Steel Wind Turbine Towers

The European Commission has imposed anti-dumping duties ranging from 7.2% to 19.2% on Chinese steel wind turbine (SWT) towers to protect the European wind energy sector. The Commission found that Chinese ...
/ / Markets & Policy, Wind
Revised GST for Rooftop Solar Systems With Central Financial Assistance

Revised GST for Rooftop Solar Systems With Central Financial Assistance

The Ministry of New and Renewable Energy (MNRE) has clarified that Central Financial Assistance (CFA) for rooftop solar systems would be calculated as per the revisited Goods and Services Tax ...
/ / Markets & Policy, Solar
What it Will Take for India's Clean Energy Sector to Unlock Billions in Foreign ESG Funds

What it Will Take for India’s Clean Energy Sector to Unlock Billions in Foreign ESG Funds

The Indian renewable energy (RE) market is one of the most attractive destinations for foreign investors. According to the 2020 Climate Transparency report, India is the only G20 nation on ...
/ / Mercom Research Focus, Other
MNRE Lowers Benchmark Costs of Rooftop Solar Projects for FY 2022

MNRE Lowers Benchmark Costs of Rooftop Solar Projects for FY 2022

The Ministry of New and Renewable Energy (MNRE) has reduced the benchmark costs, excluding the Goods and Services Tax (GST), for grid-connected rooftop solar photovoltaic (PV) projects for the financial ...
/ / Markets & Policy, Solar
Chhattisgarh Regulator Allows 100% Banking of Energy for Captive and Open Access Consumers

Karnataka Tops the State Energy Efficiency Index 2020

Karnataka has topped the State Energy Efficiency Index 2020 (SEEI), scoring 70 points out of 100 on the back of several initiatives to improve energy efficiency in the state. The ...
/ / Energy Efficiency, Other
Karnataka Reissues Draft Renewable Energy Policy for 2021-2026 With Reduced Targets

Karnataka Reissues Draft Renewable Energy Policy for 2021-2026 With Reduced Targets

Karnataka Renewable Energy Development Limited (KREDL) has reissued the 'Draft Karnataka Renewable Energy Policy 2021-2026" to develop 10 GW of renewable energy projects with and without energy storage. According to ...
/ / Markets & Policy, Solar
Robust Execution Plan, Financial Infrastructure Needed to Install 300 GW of Solar by 2030

Robust Execution Plan, Financial Infrastructure Needed to Install 300 GW of Solar by 2030

Mercom hosted a session on 'Solar's Dominant Role in India's Transition: Market Outlook 2030' at Mercom India Solar Forum 2021 to take a close look at the policy framework of ...
/ / Markets & Policy, Solar
BluSmart Plans to Expand its EV Fleet to Six Cities in India: Interview

BluSmart Plans to Expand its EV Fleet to Six Cities in India: Interview

The electric vehicle (EV) sector in India expects high growth in the upcoming years. Several states and union territories, including Delhi, Maharashtra, Gujarat, and Rajasthan, have announced EV policies to support EV adoption. The ...
/ / Electric Vehicles, Grid
Reducing Carbon Footprint and Operating Costs Through Open Access Solar

Reducing Carbon Footprint and Operating Costs Through Open Access Solar

India's open access solar market has provided an effective alternative for investors and developers reluctant to participate in aggressive large-scale auctions and small-size rooftop solar projects. In the first half ...
/ / Markets & Policy, Solar
Ministry Issues Guidelines for Optimum Utilization of Power Generation Capacity

Ministry Issues Guidelines for Optimum Utilization of Power Generation Capacity

The Ministry of Power (MoP) has approved the guidelines for optimum utilization of power generation capacity. As per the tariff policy, power generating stations must always be available and ready ...
/ / Grid, Market & Policy
Domestic Content Requirement - Helping or Hurting KUSUM Solar Pump Program

Domestic Content Requirement – Helping or Hurting KUSUM Solar Pump Program?

The Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM) program was announced by the government to provide financial and water security to farmers by mobilizing solar projects and solar-powered water ...
Production Linked Incentive Program for EV and Auto Component Manufacturing Approved

Production Linked Incentive Program for EV and Auto Component Manufacturing Approved

The Union Government has notified the Production Linked Incentive (PLI) program for automobile and auto components after approving it recently. The PLI program aims to encourage the industry to make ...
664% Year-Over-Year Growth in Open Access Solar Installations in Q2 2021

664% Year-Over-Year Growth in Open Access Solar Installations in Q2 2021

India’s solar open access installations totaled 209 MW in the second quarter (Q2) of 2021, a 664% year-over-year (YoY) increase compared to 27 MW in the same period last year, ...
/ / Mercom Research Focus, Other
Solar Project Cost to Increase by 24% with Basic Customs Duty on Modules Interview

Solar Project Cost to Increase by 24% with Basic Customs Duty on Modules: Interview

The Indian solar industry is gradually returning to normalcy after facing several challenges in the past two years due to the Covid-19 pandemic and adverse market conditions. The second quarter ...
/ / Markets & Policy, Solar
Haryana Electricity Regulator to Revisit Multi-Year Tariff Regulations, 2019

Haryana Electricity Regulator to Revisit Multi-Year Tariff Regulations, 2019

The Haryana Electricity Regulatory Commission (HERC), has announced that it would prepare a consultation paper to revisit the Multi-Year Tariff (MYT) Regulations, 2019. It would place the consultation paper in ...
/ / Grid, Market & Policy
US Installs 345 MW of New Energy Storage Systems in Q2 2021 Report

US Installs 345 MW of New Energy Storage Systems in Q2 2021: Report

According to Wood Mackenzie’s latest report, the United States installed 345 MW of new energy storage systems in the second quarter (Q2) of 2021 – a year-over-year (YoY) increase of ...
/ / Energy Storage, Market & Policy
Assam’s Electric Vehicle Policy 2021 Aims at 200,000 EVs to be Deployed by 2026

Assam’s Electric Vehicle Policy 2021 Aims at 200,000 EVs to be Deployed by 2026

Assam is the latest Indian state to announce an electric vehicle (EV) policy. The Electric Vehicle Policy of Assam, 2021 aims for 25% EV penetration in all vehicle registrations by ...
/ / Electric Vehicles, Grid
Odisha Announces EV Policy, Aims 20% Electric Vehicle Registrations by 2025

Odisha Announces EV Policy, Aims 20% Electric Vehicle Registrations by 2025

The Odisha Government has announced the Electric vehicle (EV) Policy, 2021, which aims to accelerate the adoption of EVs, especially in the category of electric two-wheelers (E2W), three-wheelers (E3W), and ...
/ / Electric Vehicles, Grid
Hero Electric Plans to Manufacture 300,000 E-Scooters Every Year Interview

Hero Electric Plans to Manufacture 300,000 E-Scooters Every Year: Interview

The electric vehicle (EV) sector in India expects high growth in the coming years. EV companies believe that demand will surge with electric two-wheelers (E-2W) and three-wheelers (E-3W) driving the sector's growth ...
/ / Electric Vehicles, Grid
Demand for Rooftop Solar Substantially Higher Than the Pre-COVID Times Interview

Demand for Rooftop Solar Substantially Higher Than the Pre-COVID Times: Interview

The government of India has a bold target of 40 GW by 2022 for rooftop solar installations in the country. However, the cumulative installations as of March 31, 2021, are ...
/ / Markets & Policy, Solar
Captive Power Producers in Maharashtra Allowed Time to Clear RPO Backlog

Captive Power Producers in Maharashtra Allowed Time to Clear RPO Backlog

The Maharashtra Electricity Regulatory Commission (MERC), in its recent order, allowed captive power producers to fulfill their renewable purchase obligation (RPO) backlog for the financial years (FY) starting 2015 to ...
/ / Markets & Policy, Solar