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 ...
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 ...
₹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, ...
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 ...
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 ...
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 ...
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
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 ...
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 ...
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 ...
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
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 ...
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 ...
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 ...
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 ...
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 ...
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
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, 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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
