Serious Policy Push Needed to Get India's Rooftop Solar Market to the Next Level

Serious Policy Push Needed to Get India’s Rooftop Solar Market to the Next Level

The rooftop solar segment in India has been growing at a brisk pace, with cumulative installed capacity reaching 3,260 MW as of December 2018. Rooftop installations grew 66% (year-over-year) with ...
Solar and Other Renewable Policy Highlights from April 2019

Solar and Other Renewable Policy Highlights from April 2019

In April 2019, many important policies were announced to streamline India’s renewable energy sector. Some of the policies highlighted include generic tariff, net-metering, deviation settlement, testing guidelines among others. Here ...
MERC Asks DISCOM to Reduce ₹0.18_kWh from Solar Tariff to Account for Safeguard Duty

Generic Tariff of ₹3.29/kWh Set for Solar Projects in Maharashtra for FY 2019-2020

The Maharashtra Electricity Regulatory Commission (MERC) has set the generic tariff for solar photovoltaic (PV) projects at ₹3.29 (~$0.047)/kWh for FY 2019-20. This order will apply from April 1, 2019, ...
West Bengal Invites Developers to Install 2 MW of Rooftop Solar Projects

Third Deadline Extension for SECI’s 97.5 MW Rooftop Solar Tender

The Solar Energy Corporation of India (SECI) has once again extended the bid submission deadline for 97.5 MW of grid-connected rooftop solar PV projects from April 16 to April 30, 2019 ...
KOR Energy Rooftop Projects

Rooftop Solar Developer CleanMax Secures ₹1.6 Billion Loan from PTC India

Mumbai-based rooftop solar energy company, CleanMax, has announced that its subsidiary CleanMax IPP has received ₹1.58 billion ($22.6 million) in a loan from PTC India Financial Services to refinance loans ...
/ / Finance and M&A, Solar
KERC Mulls Setting Generic Rooftop Solar Tariff Under RESCO model

Assam to Implement 7 MW of Rooftop Solar Projects on Social and Institutional Buildings

The Assam Power Distribution Company Limited (APDCL) has issued a tender for 7 MW of grid-connected solar rooftop projects for social and institutional buildings in the state. The projects will ...
Indian railways REMCL Rooftop Tenders

Tender Announced for 60 MW of Rooftop Solar Projects Across Zonal Railway Establishments

The Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited, has invited bids to set up 60.17 MW of rooftop solar photovoltaic (PV) capacity ...
India Installs 8.3 GW of Solar in 2018

India Installs 8.3 GW of Solar in 2018

The Indian solar market installed 8,263 MW in 2018, down 15.5 percent compared to 9,782 MW in 2017 as the safeguard duty, GST issues, and land and transmission issues took ...
/ / Markets & Policy, Solar
Salem Smart City Invites Bids for Rooftop Solar Projects

Vellore Smart City Tenders Solar Rooftop Projects at 130 City Buildings with Net Metering

Vellore Smart City Limited has issued a tender for grid-connected solar rooftop systems for around 130 buildings. The capacity of the rooftop projects will vary from 1 kW-36 kW. The ...
/ / Solar, Tenders & Auctions
NTPC, Karnataka, Wind-Solar Hybrid, EPC, Bid

SECI Issues Tenders for 1.2 GW of Wind, 1 GW of Solar, and 97.5 MW of Rooftop Projects

The Solar Energy Corporation of India Ltd. (SECI) recently issued three tenders for the expansion of renewable capacity in the country. The first tender is for setting up of 1,200 ...
/ / Markets & Policy, Solar
NTPC Calls Bidders to Install a 900 kW Rooftop Solar System at its Thermal Station in Assam

NTPC Calls Bidders to Install a 900 kW Rooftop Solar System at its Thermal Station in Assam

The National Thermal Power Corporation (NTPC) has issued a tender to install a 900 kW rooftop solar PV system at NTPC-Bongaigaon thermal power project in Kokrajhar district of Assam. The ...
/ / Solar, Tenders & Auctions
Open Access Banked Units Can be Adjusted If Power Sourced from Same Generator: MERC

Uttar Pradesh Jal Nigam Launches a 1.8 MW Solar Tender

The Uttar Pradesh Jal Nigam (UPJN), state utility managing water supply and sewerage facilities has announced a tender to develop a 1.8 MW solar project. The rooftop/ground-mounted solar project will ...
/ / Solar, Tenders & Auctions
Haryana Electricity Regulator Approves PPA with Deviations for a 10 MW Solar Project

Tamil Nadu’s New Solar Policy Targets 9 GW of Installed Capacity by 2023

The Tamil Nadu Energy Development Agency (TEDA) has issued the state’s Solar Energy Policy 2019. The policy targets 9 GW of installed solar photovoltaic (PV) capacity in Tamil Nadu by ...
/ / Markets & Policy, Solar
BlackRock Real Assets Power and Energy Infrastructure Fund Raises $1.5 Billion

Evolution II Fund Closes $7.47 Million Investment for Solar Projects in Africa

Inspired Evolution, an Africa-focused investment advisory firm that specializes in the clean energy sector, closed a ZAR 100 million ($7.47 million) investment facility by its Evolution II Fund into Commercial ...
/ / Markets & Policy, Solar
NITI Aayog Releases Proposal to Develop Electric Vehicle Charging Infrastructure in Delhi

Kerala’s Budget Pushes for Widespread EV Adoption, Rooftop Solar Systems

Kerala’s budget for the financial year 2019-2020 puts impetus on setting up rooftop solar projects in the state while also pushing for the development of the Electric Vehicle sector in ...
/ / Markets & Policy, Solar
Tata Power’s Renewables Business Profit Jumps to ₹720 million in Q3 FY2018

Tata Power’s Renewable Energy Business Witnesses an Uptick of 9% YoY in Q3 FY19

Tata Power has reported a consolidated profit after tax (PAT) of ₹2,050 million (~$28.9 million) in the third quarter of FY 2018-19. When compared to the consolidated PAT in Q3 2017-18, ...
/ / Markets & Policy, Solar
Haryana Floats Tender for 20 MW of Rooftop Solar Projects Under RESCO Mode

Haryana Floats Tender for 20 MW of Rooftop Solar Projects Under RESCO Mode

The Haryana Renewable Energy Development Agency (HAREDA) has issued a tender for 20 MW of grid-connected rooftop solar projects to be developed across the state. The bid-submission deadline is February ...
/ / Solar, Tenders & Auctions
India Imposes 25% Safeguard Duty on Imported Solar Panels from China and Malaysia

Visakhapatnam Port is the First of its Kind in India to Run on 100% Solar Power

In a remarkable feat, the Visakhapatnam Port recently announced that since May 2016, it has been running on 100 percent solar energy. According to the officials, it is by far ...
/ / Markets & Policy, Solar
Rooftop Solar Company ZunRoof Raises Third Round of Angel Funding

Rooftop Solar Company ZunRoof Raises Third Round of Angel Funding

ZunRoof, an Indian solar rooftop startup, has raised an undisclosed sum in the third round of angel funding, since its inception in June 2016. According to an email response to ...
/ / Finance and M&A, Solar
Tender Announced for 7.63 MW of Rooftop Solar Projects for Mumbai Metro

Tender Announced for 7.63 MW of Rooftop Solar Projects for Mumbai Metro

The Mumbai Metropolitan Region Development Authority (MMRDA) has issued a tender for 7.63 MW of rooftop solar PV projects at the site of Mumbai Metro Rail project line 7 and ...
/ / Solar, Tenders & Auctions
Karnataka Exempts Rooftop Solar Projects below 1 MW from CEIG Clearance

Delhi’s IPGCL Attracts Lowest Tariffs for RESCO Bids in Residential Rooftop Solar

Renewable Energy Service Companies (RESCO) bids have been finalized for the tender issued by Indraprastha Power Generation Co. Ltd. (IPGCL) for 35 MW of grid-connected rooftop solar photovoltaic (PV) projects ...
/ / Solar, Tenders & Auctions
Salem Smart City Invites Bids for Rooftop Solar Projects

Salem Smart City Invites Bids for Rooftop Solar Projects

Salem Smart City Limited (SSCL) has invited bids to install grid-connected rooftop solar projects. The brief scope of work includes the supply, design, engineering, manufacturing, installation, and commissioning of the ...
/ / Solar, Tenders & Auctions
Ministry of Power Proposes Adoption of Uniform Tariff Structure for All States

Andhra Pradesh’s New Solar Policy Targets 5 GW of Projects in Five Years

Andhra Pradesh has come up with a new solar policy with the aim to promote widespread usage of solar power and targets a minimum total solar power capacity addition of ...
/ / Markets & Policy, Solar
Report Finds Municipalities Could Boost Rooftop Solar Adoption Using Bonds

West Bengal Renewable Energy Development Agency Issues a 11 MW Rooftop Solar Tender

West Bengal Renewable Energy Development Agency (WBREDA) has issued a tender to install 11 MW of rooftop solar power systems. While 900 of these installations will come with 10 kW of ...
/ / Solar, Tenders & Auctions
Uttar Pradesh Allows Net-Metering for a 3.34 MW University Rooftop Solar Project

Telangana Commission Approves 2 MW Rooftop Solar Project for HAL

The Telangana State Electricity Regulatory Commission (TSERC) has approved the construction of a 2 MW rooftop solar project on net-metering basis. The ruling came after the TSERC examined a petition ...
/ / Markets & Policy, Solar