Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction

Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction

In the 250 MW Bhadla Solar Park auction, Azure Power won the bid to develop 200 MWs by quoting the lowest tariff of ₹2.48 (~$0.0388)/kWh. ReNew Power won the remaining 50 ...
/ Solar, Tenders & Auctions
Hero Future Energies and Softbank Win 500 MW Bhadla Solar Park Auction

Breaking: Hero Future Energies and Softbank Win 500 MW Bhadla Solar Park Auction at ₹2.47-2.48/kWh

In the 500 MW Bhadla solar park auction that concluded today, Hero Future Energies won 300 MW at a winning bid of ₹2.47 (~$0.0380)/kWh followed by Softbank Group which won ...
/ Solar, Tenders & Auctions
UPERC Adopts Renegotiated Tariff of ₹7.02 for Solar Projects Tendered in 2015-16

UPERC Adopts Renegotiated Tariff of ₹7.02 for Solar Projects Tendered in 2015-16

The Uttar Pradesh Renewable Energy Commission (UPERC) has adopted a renegotiated tariff of ₹7.02 (~$0.11)/kWh as the new tariff for solar projects tendered in financial year 2015-16. This is negatively ...
/ Markets & Policy, Solar
Indian Solar Installations Totaled a Record 2.2 GW in Q3

Indian Solar Installations Totaled a Record 2.2 GW in Q3 as Uncertainties Loom

Indian solar installations totaled 2,247 MW in Q3 2017, up 300 MW from Q2 according to the recently released India Solar Market Update by Mercom India Research. However, like in ...
/ Markets & Policy, Solar
Winning Bid Without VGF Quoted in SECI’s Solar Auction

Winning Bid of ₹4.18 (~$0.064)/kWh Without VGF Quoted in SECI’s 5 MW Solar Auction

A winning bid of ₹4.18/kWh without viability gap funding (VGF) was quoted in a 5 MW grid-connected solar PV project auction conducted by Solar Energy Corporation of India (SECI), under ...
/ Solar, Tenders & Auctions
RERC Sets Benchmark Tariff for Solar PV Projects in Rajasthan

RERC Sets Benchmark Tariff of ₹3.93/kWh for Solar PV Projects in Rajasthan for FY 2017-18

The Rajasthan Electricity Regulatory Commission (RERC) has fixed ₹3.93 (~$0.06)/kWh as the generic tariff for solar PV projects without accelerated depreciation (AD) in Rajasthan. The tariff is levelized for 25 ...
/ Markets & Policy, Solar
MoP Tariff based Bidding Guidelines

Hoping for REWA-Like Low Bids, Ministry of Power Issues Updated Competitive Bidding Guidelines

Effective immediately, the Ministry of Power has issued final guidelines for the tariff-based competitive bidding process for solar projects. The guidelines apply to large‑scale projects with a capacity of 5 ...
/ Markets & Policy, Solar
Mercom India Solar Market Update

India Installs 4.8 GW of Solar in the First Half of 2017, Eclipsing All of 2016

1.9 GW installed in Q2 2017, over 10 GW projected in 2017 The Indian solar market added 1,869 megawatts (MW) in the second quarter of 2017, bringing installations in the ...
/ Markets & Policy, Solar
TNERC

Tamil Nadu Electricity Regulatory Commission Proposes New Benchmark Solar Tariff for FY 2017-18

The Tamil Nadu Electricity Regulatory Commission (TNERC) has proposed a new benchmark solar tariff of Rs.4.50 ($0.0673)/kWh with accelerated depreciation and a tariff of Rs.4.41 (~$0.0659)/kWh without accelerated depreciation for ...
/ Markets & Policy, Solar
shipping containers

Solar Tariffs, Domestic Manufacturing and Jobs Expected to Increase after GST Rollout Says the Council on Energy, Environment and Waterw

Solar tariffs are expected to see a rise of 10 percent once the Goods and Services Tax (GST) is rolled out, according to a study by the Council on Energy, ...
/ Other, Renewable Energy
Chandigarh Administration Provides Incentives to Spur Rooftop Installations

Chandigarh Administration Provides Incentives to Spur Rooftop Installations

The Administration of Union Territory (UT) of Chandigarh is providing incentives to spur rooftop installations by private developers. The Chandigarh administration has targeted rooftop installation goal of 50 MW by ...
/ Rooftop, Solar
Indian Solar Market Update - Fourth Quarter 2011

Indian Solar Market Update – Fourth Quarter 2011

There has been a flurry of activity in the Indian solar sector in the fourth quarter, as 350 MW of Phase 1 Batch II photovoltaic (PV) projects were announced under ...
/ Markets & Policy, Solar