DISCOMs Across States Owe Nearly ₹30 Billion to Renewable Generators: CEA
The Central Electricity Authority (CEA) has found that distribution companies across the country owe dues totaling ₹30.12 billion (~$420 million) to renewable energy projects aggregating 5,982 MW. Last week, Mercom reported that ...
Solar Federation Writes to RK Singh for Creation of a Fund to Provide Liquidity to DISCOMs
The National Solar Energy Federation of India (NSEFI) has written to the Minister for Power, New and Renewable Energy, R. K. Singh, seeking the creation of a fund for providing liquidity to ...
India’s Economic Survey Predicts $330 Billion Investment in Renewable Sector by 2030
India is among the top five countries in the world in terms of installed wind and solar capacity. According to the Economic Survey 2018-19, India ranks fourth in terms of ...
India’s Renewable Industry Attracted FDI Worth $1.4 Billion in 2018-19
Foreign direct investment (FDI) in India’s renewable energy sector has been gradually increasing over the past five financial years. The FDI inflow has increased significantly since the formation of Invest ...
Delhi Finalizes Group and Virtual Net Metering Guidelines
The Delhi Electricity Regulatory Commission (DERC) has finalized the group and virtual net metering guidelines. The commission has set the minimum project capacity at 5 kW while the maximum will ...
Madhya Pradesh Issues EoI to Set Up 500 MW of Energy Storage Project
The Madhya Pradesh Power Management Company Limited (MPPMCL) has issued an expression of interest (EoI) inviting energy storage companies for setting up a 500 MW project in Madhya Pradesh. Bidders ...
CERC to Introduce Daily Base and Time Block Deviation Settlement Mechanism
The Central Electricity Regulatory Commission (CERC) has finalized the fifth amendment to its deviation settlement mechanism regulations. These regulations will come into force with effect from June 03, 2019. The ...
South Korea Aims for 35% Renewable Energy Generation Capacity by 2040
South Korea aims to harness more of renewable energy generating sources as it looks towards a cleaner future. A Reuters report has cited a government policy draft that says that ...
Indian Solar Industry Sluggish Amid General Elections
The 2019 general elections are currently underway in India. In recent months, with the country gearing up for one of the biggest democratic exercises, the solar tender and auction activity ...
Transmission, Wheeling, Cross-Subsidy Charges for Captive and Renewable Projects in UP
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued new regulations titled “Captive and Renewable Energy Generating Plants Regulations, 2019,” which will be enforced from April 1, 2019, through March 31, ...
Maharashtra Exempts Agencies from Scheduling and Forecasting Charges for Solar and Wind
The Maharashtra Electricity Regulatory Commission (MERC) has exempted renewable energy qualified coordinating agencies (QCAs) for meter reading, data collection, and communication from paying scheduling and forecasting charges. However, the initial ...
India Gets Serious on Optimizing Inter-State Generating Stations, Reducing Power Cost
In a recent order, the Central Electricity Regulatory Commission (CERC) has asked the Power System Operation Corporation (POSOCO) to implement a pilot for the security constrained economic dispatch (SCED) of electricity ...
“Nothing in it for Us”: Solar Industry Reacts to 2019 Budget
The interim budget announced by interim Finance Minister Piyush Goyal did not offer much for India’s renewable energy sector. Mercom had reported that the budget could be an opportunity to help ...
Karnataka Proposes Reduction in BESCOM’S RPO Target from 13% to 12%
The Karnataka Electricity Regulatory Commission (KERC) has proposed changes to the regulations passed in 2011 with regards to the procurement of energy from renewable sources. The regulation will extend to ...
World Bank Approves $55 Million for Renewable Energy in Bangladesh
The World Bank has approved $55 million in financing to expand the use of renewable energy in rural areas of Bangladesh that grid electricity cannot easily reach. The funds will ...
Maharashtra’s New Textile Policy Promotes Utilization of Renewable Energy Sources
The state government of Maharashtra has issued a new textile policy in a bid to make the state’s textile industry more profitable in the coming years. The new textile policy ...
