SECI’s 2 GW Solar Auction Gets India a New Record-Low Tariff of ₹2.36/kWh
The Solar Energy Corporation of India's (SECI) latest auction saw a record low bid of ₹2.36 (~$0.0313)/kWh. The auction was conducted for 2 GW of the interstate transmission system (ISTS) ...
Tata Power Set to Develop 100 MW of Solar Projects in Maharashtra
Tata Power announced that its subsidiary, Tata Power Renewable Energy Limited (TPREL), has received a letter of award (LoA) to develop 100 MW of solar projects in Maharashtra. The projects ...
SunEdison Restructures Its Rooftop Solar Business
SunEdison Infrastructure Limited, a Chennai-based renewable energy company, has entered into a framework agreement to restructure and transfer under-construction commercial and industrial (C&I) and other businesses of the company to ...
MNRE to Set Up a Project Development Cell to Attract Investment in Renewables
The Ministry of New and Renewable Energy (MNRE) has issued an order for setting up a Project Development Cell (PDC) within the Ministry as per the central government’s specifications. The ...
Supreme Court Dismisses Appeal for Stay Order on CERC’s Proposal to Revise REC Prices
The Supreme Court of India has dismissed an appeal by the Green Energy Association (GEA) seeking a stay order on the Central Electricity Regulatory Commission’s (CERC) order to reduce the ...
Winners in the Rajasthan Electronics and Instruments’ 50 MW Rooftop Solar Tender
The Rajasthan Electronics and Instruments Limited (REIL) has released a list of the lowest bidders (L1) for its tender to develop 50 MW of rooftop solar projects across the country ...
Haryana Announces Tender for LED-Based Solar Home Systems
The state of Haryana has issued a tender for the supply of 20,938 LED-based solar home systems for Anganwadi centers in the state. Anganwadi centers are government funded rural childcare ...
India and Denmark Sign Pact to Work Towards Renewable Capacity Expansion
The Danish Energy Agency has announced that India’s Ministry of Power (MoP) and the Danish Ministry of Climate, Energy, and Utilities, have signed a memorandum of understanding (MoU) to help India work ...
Maharashtra Approves Amended Energy Purchase Agreement for Two Wind Projects
The Maharashtra Electricity Regulatory Commission (MERC) has approved the extension of an amended energy purchase agreement (EPA) between Tata Power Company Limited- Distribution (TPC-D) and its wind energy business Tata ...
IREDA Has Set Aside ₹100 Billion for Renewable Energy Projects in 2020
Mercom India hosted a webinar on key trends shaping the Indian solar market based on its recently released India Solar Market Update report for the first quarter of 2020. The ...
Karnataka Commission Denies Commissioning Extension to Four Solar Projects
The Karnataka Electricity Regulatory Commission (KERC) has passed orders for four solar power developers asking them to pay liquidated damages for delays in project commissioning. In its orders, the KERC ...
Sri Lanka Extends Bid Submission Deadline for its 150 MW Solar Tender
Sri Lanka’s Ceylon Electricity Board (CEB) has extended the bid submission deadline of its tender for 150 MW of solar projects to be developed at various locations in the country ...
![Five Lowest Solar Bids Recorded in 2019 [Infographics]](https://i0.wp.com/mercomindia.com/wp-content/uploads/2020/06/Five-Lowest-Solar-Bids-Recorded-in-2019-Infographics.png?fit=800%2C554&ssl=1)
Five Lowest Solar Bids Recorded in 2019 [Infographics]
India’s solar industry is extremely price-sensitive, where the difference of a single penny can make a difference. Over 16 GW of solar projects were auctioned in 2019, and the lowest ...
Prime Minister Stresses the Need to Boost Domestic Production of Solar Components
In a meeting with the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE), Prime Minister Narendra Modi highlighted the need for a more holistic approach ...
Bihar Removes Ceiling Tariff for 250 MW Solar Projects, Extends Bid Submission Deadline
The Bihar Renewable Energy Development Agency (BREDA) has reissued a request for proposal (RfP) for 250 MW of power from solar projects through a tariff-based competitive bidding process. The state ...
ONGC and NTPC to Set up a Joint Venture for Developing Renewable Projects
The Oil and Natural Gas Corporation (ONGC) has announced its plans to set up a renewable joint venture (JV) company with NTPC Limited, and it has signed a memorandum of ...
Renewable Energy Generation More Resilient to COVID-19 Challenges than Others: Report
The International Energy Agency (IEA) has said that global renewable installations might fall for the first time in 20 years due to the ongoing coronavirus crisis. Still, it can pick ...
India is Making Consistent & Measurable Progress in Energy Transition Since 6 Years: WEF
The World Economic Forum (WEF) has released its Energy Transition Index (ETI) report for 2020, which sheds light on the energy system performance and clean energy transition readiness of 115 ...
Goodbye Polycrystalline Solar Modules, Hello Mono PERC, HJT, Bifacial
Technology shift in the solar industry has been taking place rapidly across the globe, but India, a notoriously cost-sensitive market, has been slow to adapt and accept newer products. Higher ...
SECI Reschedules Pre-Bid Meeting for its Tender for 2 GW of Solar Projects
The Solar Energy Corporation of India (SECI) announced that it is rescheduling its pre-bid meeting for its tender for the selection of solar power developers for its 2 GW interstate ...
European Commission and India to Cooperate on Integrated Local Energy System Solutions
The European Commission’s (EC) Innovation and Networks Executive Agency (INEA) and the Indian Department of Science and Technology (DST) have called for proposals that make use of existing local energy ...
By 2050, Mineral Demand to Soar by 500% Pushed by Renewable Expansion: World Bank
The World Bank Group (WBG) has released a report that said demand for key minerals used in clean energy technology could grow almost 500% by 2050 to meet growing demand ...
CERC Approves Construction of Transmission Systems for 20 GW of Solar in Rajasthan
The Central Electricity Regulatory Commission (CERC) has passed an order granting regulatory approval to the Power Grid Corporation of India Limited (PGCIL) for setting up transmission systems under the second ...
Uttarakhand Issues Tender for 575 kW of Rooftop and Small Solar Projects
The Uttarakhand Renewable Energy Development Agency (UREDA) has issued a tender to empanel contractors for 575 kW of grid-connected rooftop and small solar power projects ranging between 1 kW and ...
CEL Issues EoI for Empaneling Balance of Systems Vendors for Solar Power Packs
The government-owned Central Electronics Limited (CEL) has issued a notice inviting expressions of interest (EoI) for empaneling vendors or suppliers for the balance of systems (BoS) to be used for ...
