CERC Provides Relief to Solar Developers in the Matter of GST Compensation

CERC Provides Relief to Solar Developers in Matter of GST Compensation

In a positive development for the domestic renewable industry, the Central Electricity Regulatory Commission (CERC) has provided relief to solar project developers with regards to the effect of goods and ...
/ / Markets & Policy, Solar
Tamil Nadu Proposes Feed-in Tariff for Solar Projects

Tamil Nadu Proposes Feed-in Tariff for Solar Projects

The Tamil Nadu Electricity Regulatory Commission (TNERC) has proposed feed-in tariff for solar photovoltaic (PV) procurement in a newly released consultative paper. The paper is up for comments up to March ...
/ / Markets & Policy, Solar
Vedanta’s Odisha Branch Invites Expression of Interest for Procuring Solar Power

DISCOMs Owe ₹18.84 Billion to NTPC in Outstanding Bills for Solar Projects

Power distribution companies (DISCOMs) in Andhra Pradesh, Telangana, and Karnataka are staring at acute power shortages as the National Thermal Power Corporation (NTPC) has warned that it will stop supply ...
/ / Markets & Policy, Solar
BHEL to Set Up 129 MW of Solar Projects in Telangana for Singareni Collieries

Gujarat’s 500 MW Solar Tender Oversubscribed by 545 MW

Gujarat Urja Vikas Nigam Limited (GUVNL)’s 500 MW grid-connected solar photovoltaic (PV) power projects (Phase IV) tender has been oversubscribed by 545 MW. Bids totaling 1,045 MW were submitted in ...
/ / Markets & Policy, Solar
AAI, Calicut, Airports, Solar, Consultancy

AAI’s New Tender Seeks Engineering Consultancy for a 5 MW Solar Project at Calicut Airport

The Airports Authority of India (AAI) has invited bids for engineering consultancy from consultancies or engineering, procurement, and construction companies to prepare for a 5 MW ground-mounted solar PV project proposed ...
/ / Solar, Tenders & Auctions
Power Sale Agreements for 302 MW of Solar Projects Approved in Maharashtra

China Installs Better than Expected 44 GW of Solar Capacity in CY 2018

In the calendar year (CY) 2018, China installed 44.26 GW of solar photovoltaic capacity.  The country installed 9.76 GW of solar PV capacity in the fourth quarter of CY 2018 ...
/ / Markets & Policy, Solar
Madhya Pradesh Electricity Commission Condemns Payment Delay by DISCOM to Adani Green

Solar’s Share in India’s Total Installed Capacity Rises to 7.9% at the End of 2018

Renewable energy capacity additions continue to increase at a significant pace in India, accounting for approximately 22 percent of India’s power capacity mix at the end of December 2018. India’s ...
/ / Markets & Policy, Solar
Budget 2019 Fails to Meet Renewable Industry’s Expectations Yet Again

Budget 2019 Fails to Meet Renewable Industry’s Expectations Yet Again

The interim Budget 2019 was announced on February 1, 2019 by the interim Finance Minister Piyush Goyal. Like the previous two years, this year’s Budget also appears to have failed ...
/ / 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
14 MW of Solar Projects with 42 MWh of Battery Energy Storage to Come up in Leh and Kargil

14 MW of Solar Projects with 42 MWh of Battery Energy Storage to Come up in Leh and Kargil

Leh and Kargil may soon have grid-connected solar projects connected to battery energy storage system (BESS). The proposal to set up a 14 MW solar project with aggregate battery storage ...
/ / 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
India’s Peak Power Supply Deficit Dipped to 0.7% in Q1 FY 2018-19

Gujarat Revises RPO Targets for FY 2013-14 Retroactively

The Gujarat Electricity Regulatory Commission (GERC) has revised the state renewable purchase obligation (RPO) for entities in the state for the financial year (FY) 2013-14 retroactively. The order came after ...
/ / Other, Renewable Energy
BlackRock Real Assets Power and Energy Infrastructure Fund Raises $1.5 Billion

AIIM to Invest $31 Million in Off-Grid Solar Solutions Provider BBOXX for a Minority Stake

BBOXX, an affordable clean energy solutions provider to off-grid communities in Africa, has announced that Africa Infrastructure Investment Managers (AIIM), through its AIIF3 fund, is investing $31 million for a minority stake ...
/ / Finance and M&A, Solar
Madhya Pradesh Electricity Commission Condemns Payment Delay by DISCOM to Adani Green

Madhya Pradesh Electricity Commission Condemns Payment Delay by DISCOM to Adani Green

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has dismissed a review petition filed by Madhya Pradesh Power Management Company Limited (MPPMCL) seeking relief against an order issued by the commission for ...
/ / Markets & Policy, Solar
Uttar Pradesh Invites Bids for 200 MW in its Private Sector Owned Solar Park

MNRE Amends Bidding Guidelines for Solar Projects; Reduces Commissioning Timeframe

The Ministry of Power has amended the competitive bidding guidelines for the procurement of power from grid-connected solar photovoltaic (PV) projects, incorporating changes to further the pace of solar installations ...
/ / Markets & Policy, Solar
Qualified Coordinating Agencies in Maharashtra Asked to Pay ₹25,000/MW for Solar Projects

Qualified Coordinating Agencies in Maharashtra Asked to Pay ₹25,000/MW for Solar Projects

In Maharashtra, qualified coordinating agencies (QCAs) for meter reading, data collection and communication have been asked to deposit ₹25,000 (~$357.6)/MW for solar and ₹50,000 (~$715.6)/MW for wind projects. This comes ...
/ / Markets & Policy, Solar
MNRE Broadens the Definition of ‘Storage’ in its Wind-Solar Hybrid Policy

Maharashtra’s New Wind-Solar Hybrid Tender Asks Bidders to Set Procurement Limit

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a one of a kind wind-solar hybrid tender which gives the developers freedom in project development. The state distribution company ...
/ / Solar, Tenders & Auctions
German Solar Developer ib vogt GmbH Acquires Majority Stake in Singapore’s nv vogt

Reliance Buys 88% Stake in Renewable Energy Firm Kanoda Energy Systems

Reliance, one of the country’s largest companies, has acquired controlling stake in a renewable energy firm. In a Bombay Stock Exchange (BSE) filing, Reliance Industrial Investments and Holdings Limited (RIIHL), ...
/ / Finance and M&A, Solar
Coal India Partners with Neyveli Lignite Corporation to Develop 3,000 MW of Solar Projects

South Delhi Corporation to Develop 27.5 MW of Solar Projects Across Two Sites

The South Delhi Municipal Corporation (SDMC) will set up grid-connected solar photovoltaic (PV) projects to cut down on the utilization of thermal power and save its energy cost. To this ...
/ / Markets & Policy, Solar
India’s Largest 2 MW Floating Solar Project Commissioned in Greater Visakhapatnam

MAHAGENCO Invites EoI for a 10 MW Floating Solar Project

The Maharashtra State Power Generation Company (MAHAGENCO) has invited an expression of interest (EoI) to set up a 10 MW grid-connected floating solar project at the Upper Vaitarna reservoir in Nashik ...
/ / Solar, Tenders & Auctions
India’s Energy Storage Industry Buoyant Despite Recent Tender Cancellations

India Sanctioned Energy Storage Projects Worth ₹115 Million in Last 4 Years

India is now working toward a National Energy Storage Mission (NESM) to keep pace with the changing dynamics of the energy market. As energy storage projects are almost negligible in ...
Maharashtra Approves Upper Tariff Ceiling of ₹2.75/kWh for Wind-Solar Hybrid Projects

Maharashtra Approves Upper Tariff Ceiling of ₹2.75/kWh for Wind-Solar Hybrid Projects

The Maharashtra Electricity Regulatory Commission (MERC) has approved the competitive bidding process for long-term procurement of power from wind-solar hybrid projects in the state. The bidding guidelines were proposed by ...
/ / Markets & Policy, Solar
Hero Future Energies and Softbank Win 500 MW Bhadla Solar Park Auction

Rajasthan Renewable Energy Corporation MD Resigns After New Government Formation

The recent state elections have challenged the status quo in Rajasthan, Chhattisgarh, Madhya Pradesh, and Mizoram. The upheaval is now apparent in Rajasthan’s politics, especially its renewable energy department with ...
/ / Other, Renewable Energy
Off-Grid Solar Solutions Provider d.light Raises $41 Million in Equity Funding

Off-Grid Solar Solutions Provider d.light Raises $41 Million in Equity Funding

Off-grid solar solutions provider d.light has raised $41 million in equity financing from a consortium led by Inspired Evolution, an Africa-focused investment advisory firm that specializes in the energy sector. Consortium partners ...
/ / Off-grid, Solar
Gujarat Decides to Implement Solar Agricultural Feeder Program on Pilot Basis

Uttarakhand Commission Proposes Benchmark Costs for Solar Projects for FY 2019-20

The Uttarakhand Electricity Regulatory Commission (UERC) has issued a draft order regarding the review of benchmark capital cost for solar PV, solar thermal, grid-interactive rooftop, and small solar PV projects ...
/ / Markets & Policy, Solar