KIOCL Issues Tender for Non-Captive Solar Power for its Manufacturing Unit in Mangalore

KIOCL Issues Tender for Non-Captive Solar Power for its Manufacturing Unit in Mangalore

The Kudremukh Iron Ore Company Limited (KIOCL), a flagship company under the Ministry of Steel, Government of India (GoI), has floated a tender to supply solar power through wheeling for ...
Karnataka Commission Asks Kodangal Solar Park to Compensate for Commissioning Delay

Karnataka Commission Asks Kodangal Solar Park to Compensate for Commissioning Delay

The Karnataka Electricity Regulatory Commission (KERC) has dismissed Marikal Solar Parks Private Limited’s request to approve the date on which the second supplemental power purchase agreement (SPPA) was signed as ...
/ / Markets & Policy, Solar
Rajasthan Sets ₹3.14_kWh as Levelized Tariff for Solar Projects Under KUSUM Program

Rajasthan Sets ₹3.14/kWh as Levelized Tariff for Solar Projects Under KUSUM Program

The Rajasthan Electricity Regulatory Commission (RERC) has set the pre-fixed levelized tariff for Component-A of the Pradhan Mantri-Kisan Urja Suraksha Evan Utthan Mahabhiyan (PM KUSUM) program at ₹3.14 (~$0.044)/kWh. The Commission ...
/ / Markets & Policy, Solar
Sunseap Raises $80 Million to Support Solar Projects Across Asia

Sunseap Raises Over $71 Million to Support Solar Projects Across Asia

Sunseap Group, a Singapore-based renewable solutions provider, has raised 100 million in Singapore dollars (~$71.79 million) in its fourth round of fund-raising from Banpu, a publicly listed company on the ...
/ / Finance and M&A, Other
The University of Queensland Claims Higher Solar Efficiency Using ‘Quantum Dots’

The University of Queensland Claims Higher Solar Efficiency Using ‘Quantum Dots’

In an important development that can potentially change the way we look at solar power generation, researchers at The University of Queensland have come up with a flexible skin that ...
/ / Solar, Technology
Privatizing DISCOMs the Way Out of their Financial Mess

Privatizing DISCOMs the Way Out of their Financial Mess

The Indian power sector has been reeling under enormous financial pressure over the last few decades. Distribution companies (DISCOMs), a crucial part of the power sector, have been at the ...
MNRE Plans To Bundle Thermal with Solar and Wind for Round-the-Clock Power Supply

MNRE Plans To Bundle Thermal with Solar and Wind for Round-the-Clock Power Supply

The Ministry of New and Renewable Energy (MNRE) has come up with a draft plan to supply round-the-clock (RTC) power from renewable (solar, wind, and hydro) projects, which will be ...
/ / Other, Renewable Energy
SECI Asks Bidders to Match Lowest Bid for 97.5 MW of Rooftop Solar Tender

SECI Asks Bidders to Match Lowest Bid for 97.5 MW of Rooftop Solar Tender

The Solar Energy Corporation of India (SECI) has issued a letter to the bidders for its 97.5 MW rooftop solar tender for government buildings under the CAPEX and RESCO model, ...
/ / Markets & Policy, Solar
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
World’s Largest Solar Park at Karnataka’s Pavagada is Now Fully Operational

World’s Largest Solar Park at Karnataka’s Pavagada is Now Fully Operational

The largest solar park in the world has now become entirely operational. The Pavagada Solar Park, located in Tumakuru district of Karnataka, has been developed by the Karnataka Solar Park ...
/ / Solar, Utility Scale
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 ...
Andhra High Court Stays APERC’s Public Hearing to Revise Solar Tariffs

Andhra High Court Stays APERC’s Public Hearing to Revise Solar Tariffs

The Andhra Pradesh high court has stayed the notice issued by the Andhra Pradesh Electricity Regulatory Commission (APERC) for public hearings to revise solar tariffs. The APERC was expected to ...
/ / Markets & Policy, Solar
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
Traded Volumes of Solar RECs Witness 45% Decline in November 2019

Traded Volumes of Solar RECs Witness 45% Decline in November 2019

In the November 2019 renewable energy certificate (REC) trading session, there was a significant decrease in the number of solar and non-solar RECs that were traded when compared with the ...
/ / Markets & Policy, Solar
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
China’s TBEA Set to Launch its 2 GW Inverter Factory in Bengaluru

China’s TBEA Set to Launch its 2 GW Inverter Factory in Bengaluru

TBEA Xi’an Electric Technology Co., an affiliate of the TBEA Group, has announced that it will be unveiling its GW solar inverter factory on November 29, 2019, in Bengaluru. The ...
/ / Inverters & BOS, Solar
Hanergy Achieves 25.11% Conversion Efficiency for its Silicon Heterojunction Solar Technology

Hanergy Achieves 25.11% Conversion Efficiency for its Silicon Heterojunction Solar Technology

Beijing-based Hanergy Holding Group Ltd, the thin-film solar power company, has announced that its Chengdu Research & Development Center has once again breached the world record for its silicon heterojunction ...
/ / Solar, Technology
ANERT Tenders a 30 kW Rooftop Solar System with Battery Storage at its Premises

ANERT Tenders a 30 kW Rooftop Solar System with Battery Storage at its Premises

The Agency of Non-Conventional Energy and Rural Technology (ANERT) has floated a tender for a 30 kW grid-connected rooftop solar system with battery backup and electric vehicle charging station (EVCS) ...
/ / Solar, Tenders & Auctions
RBI Relaxes External Commercial Borrowing Norms to Benefit Solar & Wind Companies

RBI Relaxes External Commercial Borrowing Norms to Benefit Solar & Wind Companies

In January 2019, National Solar Energy Federation of India (NSEFI) wrote to the Reserve Bank of India (RBI) to carve out a special category to allow External Commercial Borrowings (ECB) ...
/ / Markets & Policy, Other
CERC Dismisses Azure Solar’s Claim for GST Compensation on O&M Expenses

CERC Dismisses Azure Solar’s Claim for GST Compensation on O&M Expenses

The Central Electricity Regulatory Commission (CERC) has dismissed the petitions filed by Azure Power against the National Thermal Power Corporation (NTPC) and Solar Energy Corporation of India Ltd. (SECI) requesting ...
/ / Markets & Policy, Solar
New Guidelines Restrict Short-term Equity Investment in Solar Projects

New Guidelines Restrict Short-term Equity Investment in Solar Projects

In an amendment to the competitive bidding guidelines for procuring power from grid-connected solar PV projects, issued by the MNRE in July 2019, it was noted that the project developers need to maintain a controlling shareholding of 51% in the SPV or project company executing the PPA. ...
/ / Mercom Research Focus, Other
Ecoppia to Provide Cleaning Solutions for Fortum’s Solar Projects at Pavagada and Bhadla

Ecoppia to Provide Cleaning Solutions for Fortum’s Solar Projects at Pavagada and Bhadla

Ecoppia, a company providing automation and robotics for large-scale solar projects, has been chosen by Fortum to deploy its field-proven cleaning solutions across its solar projects in India. Ecoppia develops fully ...
/ / Solar, Utility Scale
MiaSolé Achieves 18.64% Aperture Area Efficiency on Flexible Solar Modules

MiaSolé Achieves 18.64% Aperture Area Efficiency on Flexible Solar Modules

MiaSolé, a provider of thin-film solar solutions, has announced that the Fraunhofer Institute for Solar Energy Systems ISE, one of the largest solar research institutes in Europe, has confirmed an ...
/ / Solar, Technology
Tariff Adoption Delays are Hurting Investments and Jobs in the Solar Sector

Tariff Adoption Delays are Hurting Investments and Jobs in the Solar Sector

According to Section 63 of the Electricity Act 2003, authorities such as the state electricity regulatory commissions (SERCs) are expected to adopt tariffs that have been discovered through a transparent ...
/ / Mercom Research Focus, Other
Solar Now Accounts for 9.2% of India’s Total Installed Power Capacity

Solar Now Accounts for 9.2% of India’s Total Installed Power Capacity

In the quarter ending September 2019, India’s total renewable energy capacity (including large hydro) stood at 130.68 GW. This translates into approximately 35.7% of the total installed power capacity in ...
/ / Markets & Policy, Solar