Uttarakhand Extends Benchmark Capital Cost and Generic Tariff for 52 MW of Solar Projects

Uttarakhand Extends Benchmark Capital Cost and Generic Tariff for 52 MW of Solar Projects

The Uttarakhand Electricity Regulatory Commission (UERC) has approved the extension of benchmark capital cost and generic tariff for the financial year 2019-20 (up to October 2020) for the upcoming solar ...
/ / Markets & Policy, Solar
UPERC Approves Amended PPAs for 500 MW of Solar Projects

UPERC Approves Amended PPAs for 500 MW of Solar Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the amended power purchase agreements (PPA) along with the PPAs and tariffs for procuring 500 MW of solar power. A petition ...
/ / Solar, Utility Scale
Uttar Pradesh Launches Rooftop Solar Tender for 60 MW Under Net Metering

Uttar Pradesh Launches Rooftop Solar Tender for 60 MW Under Net Metering

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has floated a tender for grid-interactive rooftop solar power projects between 1 kW to 25 kW at various locations in ...
/ / Solar, Tenders & Auctions
Rajasthan to Develop 113.5 MW of Solar Projects Across 10 Clusters

Rajasthan to Develop 113.5 MW of Solar Projects Across 10 Clusters

The Rajasthan Renewable Energy Corporation Limited (RRECL) has floated a tender inviting interested bidders to develop 113.5 MW (AC) of decentralized solar projects spread across various clusters of the state ...
/ / Solar, Utility Scale
The Right Mix of Energy Storage Technologies Can Have a Huge Impact_ Interview

The Right Mix of Energy Storage Technologies Can Have a Huge Impact: Interview

As India installs solar and wind energy at a rapid pace, grid congestion is a regular occurrence, power cuts are still prevalent, and curtailment of solar and wind is rampant ...
/ / Energy Storage, Market & Policy
SECI Extends Bid Submission Deadline for Two Solar Tenders Totaling 2.7 GW

SECI Extends Bid Submission Deadline for Two Solar Tenders Totaling 2.7 GW

The Solar Energy Corporation of India (SECI) has extended the bid submission dates for two tenders. The first extension is for the 1,500 MW of solar projects under the second ...
/ / Solar, Tenders & Auctions
Adani Commissions 200 MW of Solar Projects in Rajasthan

Adani Commissions 200 MW of Solar Projects in Rajasthan

Adani Renewable Energy, a subsidiary of Adani Green Energy Limited (AGEL) has commissioned the remaining 100 MW of solar power projects in Rajasthan. The first 100 MW capacity of the ...
/ / Solar, Utility Scale
North East Tea Planters Demand 90% Subsidy for Solar Projects in Tea Gardens

North East Tea Planters Demand 90% Subsidy for Solar Projects in Tea Gardens

The tea planters of North East India have urged the central government to allow 90% subsidy on the installation of solar projects in the tea industry. The representatives of the ...
/ / Commercial, Solar
Azure’s Revenue Up by 40% in Q1 of 2020 Driven by Newly Operational Solar Projects

Azure’s Revenue Up by 40% in Q1 of Fiscal 2020 Driven by Newly Operational Solar Projects

Azure Power, an independent solar power producer, has announced its consolidated financial results for the first quarter (Q1) of the financial year (FY) 2019-20. The company generated a revenue of ...
/ / Finance and M&A, Solar
Uttar Pradesh Permits Agricultural Land to be Leased for Solar Projects

Uttar Pradesh Permits Agricultural Land to be Leased for Solar Projects

The Uttar Pradesh government has recently passed a bill which says that agricultural land can now be used for solar energy generation, thereby increasing the investment potential of renewable energy ...
/ / Commercial, Solar
MNRE Issues New Rooftop Solar Benchmark Costs for 2019-20

MNRE Issues New Rooftop Solar Benchmark Costs for 2019-20

The Ministry of New and Renewable Energy (MNRE) has notified the new benchmark costs for grid-connected rooftop solar power projects for the financial year (FY) 2019-20. The new benchmark costs ...
Report Finds Municipalities Could Boost Rooftop Solar Adoption Using Bonds

BHEL Tenders 170 kW of Rooftop Solar in Haryana, Signs MoU with Exicom for E-Mobility

State-owned Navaratna enterprise, Bharat Heavy Electricals Limited (BHEL), has invited bids for the supply, installation, and commissioning of grid-connected solar rooftop PV projects of cumulative capacity 170 kW in Haryana ...
SECI Issues Tender for 500 MW of Solar Power Projects to be Developed in Tamil Nadu

Tariff Applicable at the Time of Commissioning will Apply to Delayed Solar Projects: RERC

In a crucial order, the Rajasthan Electricity Regulatory Commission (RERC) has clarified that for projects delayed beyond their commissioning timeline, the tariff applicable will be the one that was chosen for ...
/ / Markets & Policy, Solar
Sri Lanka to Develop 28 Small Solar Power Projects

Sri Lanka to Develop 28 Small Solar Power Projects

Sri Lanka will develop 28 small solar power projects in its north-central and eastern regions. The proposal was recently approved by the Cabinet of Ministers who gave consent to the development ...
/ / Markets & Policy, Solar
ReNew Power Gets $350 Million in Debt Financing from OPIC to Scale Solar and Wind Projects

ReNew Power Gets $350 Million in Debt Financing from OPIC to Scale Solar and Wind Projects

ReNew Power has secured fresh debt financing of up to $350 million (~₹24.91 billion) from the Overseas Private Investment Corporation (OPIC). The funds will be utilized by ReNew Power to support ...
/ / Markets & Policy, Solar
Centre Advises Andhra Pradesh Government Against Revisiting Solar, Wind PPAs

2019 Begins with a Sharp Decline in Solar Auction Activity

Auction activity was extremely anemic in January with only 135 MW of solar capacity auctioned, a steep decline compared to over 2 GW of capacity that was auctioned in the ...
/ / Markets & Policy, Solar
Renewable Energy Policy Highlights from January 2019

Renewable Energy Policy Highlights from January 2019

Gujarat issued regulations for the forecasting, scheduling, and deviation settlement for solar and wind generation in the first month of 2019 joining Maharashtra, Uttar Pradesh, Punjab, Telangana, Haryana, Andhra Pradesh, Tamil ...
/ / Markets & Policy, Solar
SECI’s 1.2 GW Solar Tender Oversubscribed by 900 MW

Power Purchase Agreements for 23 MW of Solar Projects Approved in Haryana

The Haryana Electricity Regulatory Commission (HERC) has issued an order approving the power purchase agreements (PPAs) of solar projects totaling 23 MW. The commission was examining a common petition filed ...
/ / Markets & Policy, Solar
Solar Installations in India Reach 6.6 GW in the First Nine Months of 2018

Solar Installations in India Reach 6.6 GW in the First Nine Months of 2018

India’s solar installations have reached 6.6 GW year-to-date with large-scale projects making up 5,382 MW and rooftop installations accounting for 1,240 MW. Solar installations in India in Q3 2018 witnessed ...
/ / Mercom Research Focus, Other
Google Announces its Green Energy Plans in Denmark

Google Announces its Green Energy Plans in Denmark

Adding another feather to its green cap, tech giant Google has now announced that it will invest 4.5 billion Danish crowns ($690 million) in building a renewable powered data center in ...
/ / Other, Renewable Energy
Prism Johnson Acquires 30% Stake in Cleantech SPV to Build 22 MW of Captive Solar Projects

Prism Johnson Acquires 30% Stake in Cleantech SPV to Build 22 MW of Captive Solar Projects

Prism Johnson Limited (formerly Prism Cement) has agreed to acquire up to 30 percent equity stake in a special purpose vehicle (SPV) which will be incorporated with CSE Development (India) ...
/ / Finance and M&A, Solar
More Project Commissioning Delay Cases in Telangana Ruled in Favor of Project Developers

More Solar Project Commissioning Delay Cases in Telangana Ruled in Favor of Developers

It was a good start of the week for majority of the developers of grid-connected solar projects in Telangana, who had filed petitions, seeking relief due to the delay in ...
/ / Markets & Policy, Solar
Proposed Reductions in Solar Project Commissioning Timelines Not Enough to Reach 100 GW

Proposed Reductions in Solar Project Commissioning Timelines Not Enough to Reach 100 GW

The Ministry of New and Renewable Energy (MNRE) has recently proposed to reduce the commissioning timelines of solar projects to meet the country’s target of 100 GW of solar capacity ...
/ / Markets & Policy, Solar
GUVNL’s 500 MW Solar Tender Oversubscribed by almost Four Times

Gujarat’s 500 MW Solar Tender Oversubscribed by Almost Four Times

Gujarat Urja Vikas Nigam Limited (GUVNL)’s 500 MW grid-connected solar photovoltaic (PV) tender has been oversubscribed by almost four times. Technical bids aggregating 1,925 MW have been submitted against the ...
/ / Solar, Tenders & Auctions
Solar: a Game Changer for India’s Agricultural Sector

Solar: A Game Changer for India’s Agricultural Sector

This article is the second part of a series how solar is affecting different critical sectors in India. The first article addressed solar’s impact on India’s water usage. Solar power ...
/ / Markets & Policy, Solar