Mercom Coronavirus Live Updates_ Effect on Clean Energy in India

Mercom Coronavirus Live Updates: Effect on Clean Energy in India

The impact of Coronavirus has finally reached the Indian clean energy sector. Mercom had forecasted solar installations in India to grow by 17% year-over-year due to a strong pipeline of ...
/ / Mercom Research Focus, Other
CERC Extends Validity of Existing Renewable Energy Tariffs Until June 30, 2020

CERC Extends Validity of Existing Renewable Energy Tariffs Until June 30, 2020

The Central Electricity Regulatory Commission (CERC) has extended the applicability of the Renewable Energy Tariff Regulations, 2017, for three months (from April 01, 2020, to June 30, 2020). The Commission ...
/ / Other, Renewable Energy
₹1.34 Trillion Invested in the Renewable Sector in Past Three Years_ RK Singh

₹1.34 Trillion Invested in the Renewable Sector in Past Three Years: RK Singh

According to the Government of India (GoI), 8,004.64 MW of renewable capacity was installed in India between April 2019 and January 2020.  During the same period in the previous year, ...
/ / Other, Renewable Energy
Andhra’s Draft Deviation Settlement Regulation for Solar, Wind Projects Draws Flak

Andhra’s Draft Deviation Settlement Regulation for Solar, Wind Projects Draws Flak

Several renewable energy companies have challenged the changes in the draft amendment to the forecasting, scheduling, and deviation settlement regulations of the Andhra Pradesh Electricity Regulatory Commission’s (APERC). In February ...
/ / Markets & Policy, Solar
IFC Backs Standard Bank of South Africa’s Green Bond Issue with $200 Million Investment

IFC Backs Standard Bank of South Africa’s Green Bond Issue with $200 Million Investment

The International Finance Corporation (IFC), the financial arm of the World Bank Group, has announced that it has invested ₹200 million (~₹14.7 billion) in the Standard Bank of South Africa’s ...
/ / Finance and M&A, Other
Renewable Energy Industry Employs More Women Than Oil and Gas Industry Globally

Renewable Energy Industry Employs More Women Than Oil and Gas Industry Globally

According to a report published by the International Renewable Energy Agency (IRENA), the renewable energy industry currently employs about 32% of women, compared to 22% in the global oil and ...
/ / Other, Renewable Energy
Tamil Nadu Issues Empanelment Tender for Renewables and Energy-Efficient Appliances

Tamil Nadu Issues Empanelment Tender for Renewables and Energy-Efficient Appliances

The Tamil Nadu Energy Development Agency (TEDA) has invited bids to empanel vendors for renewable energy projects and energy-efficient appliances in the state. The scope of work includes the procurement ...
India and Sweden To Create $5 Million Fund to Research Smart Grids

India and Sweden to Create $5 Million Fund to Research Smart Grids

Sweden and India recently announced the India-Sweden collaborative industrial research and development program at the India Smart Utilities Week. This collaborative effort will be co-funded by the Department of Science ...
/ / Grid, Smart Grid
MNRE Mulls Alternatives for EMD & PBG to Ease Liquidity in the Solar Sector

MNRE Mulls Alternatives for EMD & PBG to Ease Liquidity in the Solar Sector

MNRE is considering alternative arrangements for earnest money deposits (EMDs) and performance guarantees (PBGs) submitted by developers to Solar Energy Corporation of India (SECI) and the National Thermal Power Corporation ...
/ / Markets & Policy, Solar
No More Tariff Caps for Solar and Wind Tenders

No More Tariff Caps for Solar and Wind Tenders

In an important and positive announcement for the domestic renewable industry, the Ministry for New and Renewable Energy (MNRE) said that upper ceiling tariffs or tariff caps will no longer ...
Solar and Other Renewable Policy Highlights from April 2019

Policy Highlights for Solar and Other Renewables From February 2020

The month of February witnessed a slew of announcements, both at the center and the state level. The two most critical policy announcements were related to Coronavirus and the basic ...
Andhra High Court Asks DISCOMs to Clear Dues of Wind Developers in Two Weeks

Andhra High Court Asks DISCOMs to Clear Dues of Wind Developers in Two Weeks

The Andhra Pradesh High Court has asked the state’s distribution companies including, Southern Power Distribution Company Limited (APSPDCL) and Eastern Power Distribution Company Limited (APEPDCL), to clear the dues of ...
/ / Wind
Sunseap Raises $80 Million to Support Solar Projects Across Asia

Sunseap Raises $80 Million to Support Solar Projects Across Asia

Sunseap Group, a Singapore-based renewable solutions provider, has raised 100 million in Singapore dollars (~$71.79 million) in its fourth round of fund-raising from Banpu, a publicly listed company on the ...
/ / Finance and M&A, Other
Sembcorp Signs Deal with Singapore Airlines to Install Over 20,000 Solar Panels

Sembcorp Signs Deal with Singapore Airlines to Install Over 20,000 Solar Panels

Sembcorp Solar, a wholly-owned subsidiary of Sembcorp Industries, has signed a power purchase agreement with Singapore Airlines (SIA) and SIA Engineering Company (SIAEC) to install, own, and operate over 20,000 ...
/ / Rooftop, Solar
Researchers Claim Climate Costs Could be Less if Global Warming is Limited to 2°C

Researchers Claim Climate Costs Could be Less if Global Warming is Limited to 2°C

The researchers at the University of Potsdam have claimed that the climate costs are likely to be less if the temperature increase because of global warming is limited to two ...
/ / Other, Renewable Energy
MNRE Opens Facilitation Center for Renewable Industry and its Investors

MNRE Opens Facilitation Center for Renewable Industry and its Investors

The Ministry of New and Renewable Energy (MNRE) has opened an Industry and Investors' Facilitation Centre, which would work as a focal point to provide all the information regarding programs ...
/ / Grid, Market & Policy
African Development Fund Offers Over $34 Million for Liberia’s Renewable Expansion

African Development Fund Offers Over $35 Million for Liberia’s Renewable Expansion

The African Development Fund has approved a $34.74 million grant to boost renewable energy access and promote investment climate in Liberia. Under the first project called Renewable Energy for Electrification ...
Karnataka Electricity Regulator Reduces Tariff for a Delayed 10 MW Solar Project

Karnataka Electricity Regulator Reduces Tariff for a Delayed 10 MW Solar Project

The Karnataka Electricity Regulatory Commission (KERC) has dismissed a petition by Shorapur Solar Power Limited that argued its 10 MW solar project was delayed due to force majeure (unforeseeable) events ...
Sunseap Group Secures $50 Million for Solar Projects in Singapore

Sunseap Group Secures $50 Million for Solar Projects in Singapore

Sunseap Group, a Singapore-based renewable energy solutions provider, has received a total sum of S$50 million (~$36.7 million) from ABC World Asia and Temasek. The investment will be used for ...
/ / Finance and M&A, Solar
Maldives to Develop 21 MW of Solar Projects Across Six Islands

Maldives to Develop 21 MW of Solar Projects Across Six Islands

Maldives has issued a tender inviting interested bidders to participate in the pre-qualification process for installing 21 MW of grid-tied solar systems in six major islands. These islands are Addu ...
/ / Solar, Tenders & Auctions
Chennai Metro to Buy Solar, Wind & Hybrid Power from Group Captive Projects

Chennai Metro to Buy Solar, Wind & Hybrid Power from Group Captive Projects

The Chennai Metro Rail Limited (CMRL) has issued a request for a proposal (RfP) to select contractors for supplying renewable power from group captive open access projects. The deadline for ...
/ / Markets & Policy, Solar
Telecom Department Directs Service Providers to Use Renewable Energy

Telecom Department Directs Service Providers to Use Renewable Energy

The Department of Telecommunications has issued directions to the telecom service providers to use of renewable energy solutions and energy-efficient technologies. The move could open up another segment of the ...
/ / Other, Renewable Energy
Andhra SLDC Files Review Petition Against POSOCO in Renewable Curtailment Case

Andhra SLDC Files Review Petition Against POSOCO in Renewable Curtailment Case

The Andhra Pradesh State Load Dispatch Center (APSLDC) has filed a review petition before the state’s high court against Power System Operation Corporation Limited’s (POSOCO) appointment to look into the ...
/ / Other, Renewable Energy
POSOCO to Examine Renewable Energy Curtailment Issue in Andhra Pradesh

POSOCO to Examine Renewable Energy Curtailment Issue in Andhra Pradesh

The Andhra Pradesh High Court at Amaravati has asked the Power System Operation Limited (POSOCO) to look into the reasons behind the curtailment of renewable power in the state. The ...
/ / Other, Renewable Energy
Key Policy Announcements for Solar and Other Renewables from January 2020

Key Policy Announcements for Solar and Other Renewables from January 2020

The month of January witnessed some key policy announcements that were aimed at facilitating the growth of the renewable sector in the country and removing the bottlenecks for fostering a ...
/ / Markets & Policy, Solar