Government has Released Nearly ₹85 Billion on Solar Programs Since 2016: RK Singh
Speaking in the Lok Sabha, Union Power Minister R.K Singh explained the state of solar generation in the country, highlighting the key facts, progress made towards targets, funding provided, and ...
Rajasthan’s 113.5 MW Solar Tender Oversubscribed by 38 MW
The Rajasthan Renewable Energy Corporation Limited’s (RRECL) recent solar tender for 113.5 MW of decentralized solar projects in the state has been oversubscribed. RRECL stated that its 113.5 MW tender ...
Maharashtra DISCOM to Pay ₹7 Million as Delayed Payments to Three Wind Generators
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company Limited (MSECDL) to clear its outstanding dues with three wind developers in the state, including interest ...
Nemji Solar Plans to Start 1 GW Solar Module Manufacturing Unit Next Year
Nemji Solar, a new entrant into the solar industry has announced that it plans to start operating a 1 GW solar module manufacturing facility by April 2020. The Gujarat-based company ...
Haryana DISCOMs to Allow Net Metering Until Rooftop Solar Capacity Reaches 500 MW
The Haryana Electricity Regulatory Commission (HERC) has issued an updated version of its regulations for rooftop solar grid-interactive systems based on net metering in response to a petition filed by ...
ANERT Floats Tender for 10 MW of Off-Grid Solar Projects in Kerala
The Agency for Non-Conventional Energy and Rural Technology (ANERT) has issued a tender for 10 MW of off-grid solar power projects at public institutions across 14 districts in the state ...
RK Singh Sheds Light on Center’s Dispute with Andhra Pradesh over Solar, Wind Tariffs
In response to a question raised in the Lok Sabha, Union Power Minister R.K. Singh has shed light on the ongoing renewable energy dispute between Andhra Pradesh government and the ...
BSES Rajdhani and Power Ledger Set to Launch Solar Energy Trading Platform in Delhi
BSES Rajdhani Power Limited (BRPL) has partnered with Power Ledger, a blockchain-based renewable energy trader, and launched trials for a peer-to-peer (P2P) energy trading platform. The platform will allow residents ...
Suzlon’s Net Loss Reaches ₹7.78 Billion in Q2 of FY 2020
Pune-based renewable energy solutions provider Suzlon Group has announced its financial results for the second quarter (Q2) of the fiscal year 2019-20 (FY 2020). Suzlon reported a net loss of ...
Singapore’s Temasek Partners with Swedish EQT to Build Solar & Wind Farms in India
Temasek, a Singapore-based Holdings company, has partnered with EQT, a Swedish private equity company, to launch a renewable energy platform in India. The platform, called 02 Power, aims to construct wind ...
BHEL Seeks Cable Suppliers for 175 MW of Solar Projects in Gujarat
Bharat Heavy Electricals Limited (BHEL), a public sector undertaking (PSU), has issued a request for quotation (RfQ) for high-tension (HT) cables for two solar projects with the Gujarat State Electricity ...
CERC Rules in Favor of SECI, Does Not Consider Demonetization a ‘Force Majeure’ Event
The Central Electricity Regulatory Commission (CERC) has ruled in favor of the Solar Energy Corporation of India (SECI) that had encashed the performance bank guarantee of a solar developer for ...
Entities Can Choose Proportion of Wind and Solar Sources in Hybrid Projects to Meet RPO
The Ministry of New and Renewable Energy (MNRE) has revised its National Wind-Solar Hybrid Policy to state that the renewable purchase obligation (RPO) contribution of obligated entities that consume energy ...
Punjab Announces Tender for 10 MW of Rooftop Solar Projects
The Punjab Energy Development Agency (PEDA) issued a request for proposal (RfP) to set up 10 MW of grid-connected rooftop solar systems atop both government and private buildings in the ...
West Bengal Approves Investment Proposal for 70 MW of Solar Projects
The capacity is divided into seven projects of 10 MW each The West Bengal Electricity Regulatory Commission (WBERC) has given its approval for the investment proposal for 70 MW of ...
Odisha to Install Rooftop Solar Projects Totalling 1.7 MW At Fire Stations Across the State
The Odisha Renewable Energy Development Agency (OREDA) has invited tenders for rooftop solar projects of various capacities across 313 fire stations in the state. The projects, with a cumulative capacity ...
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 ...
