India’s Power Supply Deficit Remains Unchanged at 0.5%

India’s Power Supply Deficit Remains Unchanged at 0.5%

India’s power supply deficit stood at 0.5% for the nine months between April 2019 and December 2019, while India’s peak power deficit stood at 0.7%, according to the data published ...
/ / Markets & Policy, Solar
Rajasthan Seeks Consultants to Help Frame Tariff Regulations for Renewable Sources

Rajasthan Seeks Consultants to Help Frame Tariff Regulations for Renewable Sources

The Rajasthan Electricity Regulatory Commission (RERC) has issued a tender to engage consultants to assist in framing the terms and conditions for the determination of tariff for renewable sources from ...
/ / Solar, Tenders & Auctions
Suzlon’s Outstanding Debt Reaches ₹127.85 Billion

Suzlon’s Outstanding Debt Reaches ₹127.85 Billion

Renewable energy company Suzlon Energy Limited has disclosed an outstanding debt of ₹127.85 billion (~$1.8 billion), according to the company’s Bombay Stock Exchange (BSE) filing. The company has filed the ...
/ / Finance and M&A, Other
Uttar Pradesh DISCOM Asked to Deposit Over ₹7 Billion In RPO Regulatory Fund

Uttar Pradesh DISCOM Asked to Deposit Over ₹7 Billion In RPO Regulatory Fund

The Uttar Pradesh Regulatory Commission (UPERC) has directed the Uttar Pradesh Power Corporation Limited (UPPCL) to create a separate renewable purchase obligation (RPO) Regulatory Fund. The commission has directed UPPCL ...
/ / Other, Renewable Energy
AECEA_ China Likely to Install 23-31 GW of Solar in 2020 as Uncertainty Grips

AECEA: China Likely to Install 23-31 GW of Solar in 2020 as Uncertainty Grips

In May 2018, the Chinese government abruptly decided to stop approving any new renewable projects until further notice. Back then, just half-way through the 13th five-year plan, the country had ...
/ / Markets & Policy, Solar
Expiring Solar and Non-Solar RECs Will Now Remain Valid up to March 31, 2020

Expiring Solar and Non-Solar RECs Will Now Remain Valid up to March 31, 2020

The Central Electricity Regulatory Commission (CERC) has extended the validity of renewable energy certificates (RECs), which have or are due to expire shortly. The Commission observed that the RECs that ...
/ / Markets & Policy, Solar
SECI Invites EoI to Purchase Power for Blending with Renewable Sources

SECI Invites EoI to Purchase Power for Blending with Renewable Sources

The Solar Energy Corporation of India (SECI) has invited an expression of interest (EoI) from power generators involved in hydro, pumped storage, gas, battery storage, and thermal generating stations to ...
/ / Other, Renewable Energy
PFC Tenders Transmission Systems for 2.5 GW of Wind Projects in Tamil Nadu

PFC Tenders Transmission Systems for 2.5 GW of Wind Projects in Tamil Nadu

PFC Consulting, a subsidiary of Power Finance Corporation, has issued a tender for shortlisting transmission service providers. These service providers will help develop transmission systems for the evacuation of 2.5 ...
/ / Grid, T&D
Scatec Solar Bags 360 MW of Solar Power Projects in Tunisia

Scatec Solar Bags 360 MW of Solar Power Projects in Tunisia

Scatec Solar, a Norwegian company, has been awarded 360 MW of solar power projects in Tunisia. The company has been awarded the three projects following a tender floated by the ...
/ / Solar, Utility Scale
Maharashtra DISCOMs Adamant on Doing Away With Net Metering Regulations

Maharashtra DISCOMs Adamant on Doing Away With Net Metering Regulations

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has submitted its comments regarding the state commission’s suggestion to roll back net metering for all segments except residential. The Maharashtra Electricity ...
/ / Markets & Policy, Solar
Green Climate Fund and AfDB to Provide $154 Million for Renewable Financing in Zambia

Green Climate Fund and AfDB to Provide $154 Million for Renewable Financing in Zambia

The Green Climate Fund (GCF) and the African Development Fund (AfDB) have joined hands to support a $154 million renewable financing framework in the southern African nation of Zambia. Historically, ...
/ / Finance and M&A, Other
Central Electronics Limited Tenders for 1 Million Multicrystalline Solar Cells (1)

Central Electronics Limited Tenders for 1 Million Multicrystalline Solar Cells

Sahibabad-based public sector enterprise, Central Electronics Limited (CEL), has announced a tender for the supply of one million multi-crystalline solar cells on a fixed price basis. According to the tender, ...
Philippines-Based AC Energy Launches $400 Million Green Bonds

Philippines-Based AC Energy Launches $400 Million Green Bonds

AC Energy, the energy platform of Philippines-based Ayala Corporation, has launched its non-deferrable green bonds. The aggregate principal amount is $400 million, with a fixed coupon of 5.6% for life ...
/ / Finance and M&A, Solar
Rajasthan Invites Applications to Lease Land for Solar Projects Under KUSUM Program

Rajasthan Invites Applications to Lease Land for Solar Projects Under KUSUM Program

The Rajasthan Renewable Energy Corporation (RREC) has invited applications from interested entities to set up solar projects on their own or offer their land on lease under the Component-A of ...
/ / Markets & Policy, Solar
Letter of Credit Has not Been Effective as Payment Security for Solar Developers

Letter of Credit Has not Been Effective as Payment Security for Solar Developers

To tackle the risks related to delays in payments to independent power producers, the Ministry of Power (MoP) recently mandated state-owned distribution companies (DISCOMs) to issue a letter of credit ...
Vietnam to Go Back to Solar Auctions, Decides to Ditch Feed-in-Tariffs

Vietnam to Go Back to Solar Auctions, Decides to Ditch Feed-in-Tariffs

After months of confusion and uncertainty over the future of renewable projects in Vietnam, Prime Minister Nguyen Xuan Phuc has announced that the country will go back to conducting solar auctions, ...
/ / Markets & Policy, Solar
An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report

An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report

The International Finance Corporation (IFC), a member of the World Bank Group, has come out with its latest report that sheds light on the enormous potential of green buildings in ...
/ / Energy Efficiency, Other
NTPC Floats Tender for Purchase of Power from 100 MW of Solar Projects

NTPC Floats Tender for Purchase of Power from 100 MW of Solar Projects

The National Thermal Power Corporation (NTPC) has invited bids from eligible bidders for the purchase of power from existing solar power projects of a cumulative capacity up to 100 MW ...
/ / Solar, Tenders & Auctions
LONGi to Supply 1.2 GW of Solar Modules to Adani Green by 2020

LONGi to Supply 1.2 GW of Solar Modules to Adani Green by 2020

Chinese module supplier LONGi has entered into a strategic partnership with Adani Green Energy, the renewable arm of Adani Group, to supply 1.2 GW of its new generation Hi MO4 ...
/ / Modules, Solar
SECI Modifies and Extends its 1.2 GW Tender for Solar-Wind Storage Projects

SECI Modifies and Extends its 1.2 GW Tender for Solar-Wind Storage Projects

The Solar Electricity Corporation of India (SECI) has extended the bid submission deadline for its tender for 1.2 GW of the interstate transmission system (ISTS)-connected renewable energy projects with a ...
/ / Solar, Tenders & Auctions
Key Policy Updates for Solar and Other Renewables from November 2019

Key Policy Updates for Solar and Other Renewables from November 2019

The month of November witnessed some key policy announcements and modifications in the domestic renewable industry, especially solar. During the course of the month, the central and state government agencies ...
/ / Markets & Policy, Solar
SECI Grants Extension to Inox Wind for 250 MW of Wind Projects in Gujarat

SECI Grants Extension to Inox Wind for 250 MW of Wind Projects in Gujarat

Wind energy solutions provider, Inox wind, has been granted an extension by the Solar Energy Corporation of India Ltd. (SECI) for the scheduled commissioning of 250 MW (5*50) of wind ...
/ / Other, Wind
Solar Tender, Auction & Commissioning Delays Causing Liquidity Issues for Developers

Solar Tender, Auction & Commissioning Delays Causing Liquidity Issues for Developers

According to several solar developers Mercom interacted with recently, there was unanimous agreement that the cost of participating in large-scale solar tenders has reduced their ability to actively bid for ...
/ / Mercom Research Focus, Other
Capgemini’s Bengaluru Campus Receives Net-Zero Platinum Certification

Capgemini’s Bengaluru Campus Receives Net-Zero Platinum Certification

Capgemini, a French multinational corporation, has announced that its Bangalore EPIP (Export Promotion Industrial Park) has become the first corporate campus in the country to receive the Net-Zero-Platinum Certification from ...
/ / Markets & Policy, Solar
SECI Extends Bid Submission Deadline for its 1.2 GW Wind Tender

SECI Extends Bid Submission Deadline for its 1.2 GW Wind Tender

The Solar Energy Corporation of India (SECI) has extended the deadline for the submission of bids for its 1,200 MW wind tender. The new bid submission deadline for the tender ...
/ / Wind