Quality Assets are in Demand as Investments Flow into the Indian Solar Market

Quality Assets are in Demand as Investments Flow into the Indian Solar Market

India is on the cusp of a renewable revolution, with the government and the industry complementing each other in facilitating the wider adoption of renewable energy in the country. With ...
/ / Finance and M&A, Solar
US Removes Safeguard Duty on Canadian Solar Products

US Removes Safeguard Duty on Canadian Solar Products

The United States has agreed to lift safeguard duty on Canadian solar product imports after Canada, the U.S., and Mexico arrived at an understanding on an existing trade agreement. The ...
Five Lowest Solar Tariffs in 2021 (Infographics)

Five Lowest Solar Tariffs in 2021 [Infographics]

Almost 20 GW of solar projects were auctioned in India in 2021. The lowest tariff discovered in these auctions was ₹2.14 (~$0.028)/kWh, an increase of nearly 8% compared to the ...
/ / Mercom Research Focus, Other
Punjab Passes Bill in Legislative Assembly to Renegotiate Renewable Energy Tariffs

Punjab Passes Bill in Legislative Assembly to Renegotiate Renewable Energy Tariffs

The Punjab government has passed a Bill to revise the long-term power purchase agreements (PPAs) between the Punjab State Power Corporation Ltd (PSPCL) and the renewable energy generators. The Bill ...
/ / Other, Renewable Energy
Punjab Goes the Andhra Way, Mulls Legislation to Renegotiate Renewable Energy Tariffs

Punjab Goes the Andhra Way, Mulls Legislation to Renegotiate Renewable Energy Tariffs

In a move that could set another bad precedent, the Punjab Government is contemplating bringing legislation to reduce the tariffs for renewable energy projects approved by the electricity regulatory commission ...
/ / Markets & Policy, Solar
Solar Tariffs May Settle Around ₹2.50/kWh After Factoring BCD in Future Auctions

Solar Tariffs May Settle Around ₹2.50/kWh After Factoring BCD in Future Auctions

Despite the Covid-19 pandemic, the tendering and auctioning of solar power projects went on unhindered in 2020. About 32.5 GW of tenders were announced by various organizations, and 22 GW ...
Solar Federation Seeks Exemption from Charges Levied on Renewable Energy Developers

Solar Federation Seeks Exemption from Charges Levied on Renewable Energy Developers

The National Solar Energy Federation of India (NSEFI) has written to the Electricity Department of Rajasthan with comments and suggestions on the Rajasthan Electricity Regulatory Commission’s (RERC) renewable energy tariff ...
Uttar Pradesh Approves Tariffs for 72 MW of Solar Projects by Sukhbir Agro and NTPC

Uttar Pradesh Approves Tariffs for 72 MW of Solar Projects by Sukhbir Agro and NTPC

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted a tariff of ₹3.02 (~$0.040)/kWh for NTPC’s two solar projects of 20 MW each. These two projects are located at Itawah ...
/ / Markets & Policy, Solar
Italy Announces Special Tariffs for Shared Renewable Energy Generation by Prosumers

Italy Announces Special Tariffs for Shared Renewable Energy Generation by Prosumers

Italy has launched a new incentive program to encourage the local generation and sharing of renewable power. Two kinds of prosumers would be the beneficiaries of the incentive program: energy ...
/ / Other, Renewable Energy
DISCOM Dues to Power Generators Mount to ₹101 BillionAt the End of June

DISCOM Dues to Power Generators Mount to ₹101 Billion At the End of June

The distribution companies (DISCOMs) owed renewable generators ₹101.11 billion (~$1.3 billion) in overdue payments (excluding dues under dispute) spread across 544 invoices at the end of June 2020, according to ...
/ / Grid, Utilities
US Revokes Exemptions on Bifacial Solar Panels for the Second Time

US Revokes Exemptions on Bifacial Solar Panels for the Second Time

The Office of the United States Trade Representative (USTR) has withdrawn the exclusion of bifacial solar panels from safeguard measures, applicable on imported panels. The revocation will be effective, starting ...
Maharashtra Will No Longer Set Generic Tariffs for Renewables

Maharashtra Will No Longer Set Generic Tariffs for Renewables

The Maharashtra Electricity Regulatory Commission (MERC), going forward, will determine tariffs for wind, solar, non-fossil fuels-based co-generation, biomass-based, and hybrid renewable power projects only through a transparent process of competitive ...
Andhra DISCOMs Only Clearing Part of the Dues in Batches to Wind and Solar Developers

Andhra DISCOMs Only Clearing Part of the Dues in Batches to Wind and Solar Developers

Solar and wind power developers in the state of Andhra Pradesh are beginning to receive part of their dues in batches. Mercom spoke to several developers who confirmed that some ...
/ / Markets & Policy, Solar
Solar and Wind PPAs With Tariffs Set by SERC in Andhra Pradesh Will Not be Revisited

Solar and Wind PPAs With Tariffs Set by SERC in Andhra Pradesh Will Not be Revisited

The central and the Andhra Pradesh government led by Y.S. Jagmohan Reddy have reached a consensus to end the ongoing controversy hovering around the renewable sector of the state. Recently, ...
/ / Markets & Policy, Solar
Solar MSMEs are Not Benefiting from Safeguard Duty and Domestic Content Rules

Solar MSMEs are Not Benefiting from Safeguard Duty and Domestic Content Rules

Over the past year and a half, the government has launched several policy measures to support the domestic solar manufacturing industry — these range from the imposition of a safeguard ...
Gujarat Asks Wind Developers to Match Lowest Tariff, Only Two Agree

Gujarat Asks Wind Developers to Match Lowest Tariff, Only Two Agree

The Gujarat Urja Vikas Nigam Limited (GUVNL) had requested the winning bidders in its recently concluded wind power auction to match the lowest bid of ₹2.8 (~$ 0.04). Only two ...
/ / Other, Wind
Policy Highlights from India’s Solar Industry and Other Renewables in June 2019

Policy Highlights from India’s Solar Industry and Other Renewables in June 2019

The month of June saw important policy announcements by the central as well as the state agencies. The policy highlights covered various issues like for module registration, tariffs, net metering, ...
Gross Tariff of ₹4.49/kWh to Apply for Solar PV Projects in Uttarakhand

Gross Tariff of ₹4.49/kWh to Apply for Solar PV Projects in Uttarakhand

The Uttarakhand Electricity Regulatory Commission (UERC) has issued benchmark tariffs and capital costs for solar power projects in the state. The commission had issued draft regulations in December 2018 and ...
Land and Transmission Availability May Make or Break India’s Mega Solar Tenders

Land and Transmission Availability May Make or Break India’s Mega Solar Tenders

A plethora of mega tenders have been announced in the domestic solar sector lately. While these huge tender announcements sound exciting and bode well for the country’s ambitious solar target, ...
Recent 1 GW Solar Tender Floated by Uttar Pradesh Stands Annulled

Recent 1 GW Solar Auction by Uttar Pradesh Stands Annulled

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has cancelled the recent auction for the development of 1 GW of grid-connected solar photovoltaic (PV) projects across the state ...
GUVNL Cancels Recently Held 500 MW Solar Auction Citing High Tariffs

GUVNL Cancels Recently Held 500 MW Solar Auction Citing High Tariffs

The Gujarat Urja Vikas Nigam Limited (GUVNL) has scrapped the recently conducted auction for the development of  500 MW of grid-connected solar photovoltaic (PV) projects in the state. According to ...