Solar Developer Azure Power to Float $350 Million Green Bond

Solar Developer Azure Power to Float $350 Million Green Bond

Azure Power Solar Energy Private Limited, a wholly-owned subsidiary of Azure Power Global Limited has announced that it will issue a green bond offering of $350 million (~₹25 billion). The ...
/ / Finance and M&A, Solar
India Was the Third Largest Solar Market Globally in Q2 2019 Behind China and the US

India Was the Third Largest Solar Market Globally in Q2 2019 Behind China and the US

India held on to its position as the third-largest solar photovoltaic (PV) market in the second quarter (Q2) of 2019. The United States was the second-largest market behind China. According ...
/ / Markets & Policy, Solar
India-US Solar DCR Case: New Delhi Appeals Against Parts of WTO Ruling

India-US Solar DCR Case: New Delhi Appeals Against Parts of WTO Ruling

In the ongoing trade dispute going on between India and the United States, New Delhi has decided to challenge specific parts of the ruling given by the Dispute Settlement Body ...
/ / Markets & Policy, Solar
Budgetary Allocation for Solar Increased by 1% While Coal Gets a 48% Boost in 2019-20

India Remained the Third Largest Solar Market After China and the US in Q1 2019

India remained the third largest solar photovoltaic (PV) market in the first quarter (Q1) of 2019. For the second quarter in a row, the United States was the second largest ...
India the Lowest Cost Producer of Solar Power_ IRENA

India the Lowest Cost Producer of Solar Power: IRENA

According to a report by the International Renewable Energy Agency (IRENA), the cost of renewable energy sources fell to record lows again in 2018. The report finds that costs from ...
Gujarat Issues Tender for 1 GW of Wind Projects

50.2 GW of Wind Power Projects Added in 2018 Globally: Report

In 2018, the world added the third highest annual total of wind power. According to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report, 50.2 GW ...
/ / Other, Wind
Karnataka is the Top Solar State in India with 5 GW in Cumulative Installed Capacity

India Emerged as the Third Largest Solar Market in 2018 Behind China and US

India was the third largest solar market behind China and the United States with 8.3 GW of solar PV capacity installed in 2018. Japan and Germany were the fourth and ...
/ / Markets & Policy, Solar
Amazon Sets Goal to Make 50% of shipments Net Zero Carbon by 2030

Amazon Sets Goal to Make 50% of Shipments Net Zero Carbon by 2030

Technology and e-commerce giant Amazon has announced that it aims to make 50 percent of all of its shipments with net zero carbon by 2030. The company plans on achieving ...
/ / Other, Renewable Energy
Capital Dynamics Closes $1.2 Billion Clean Energy and Infrastructure Deal

Capital Dynamics Closes $1.2 Billion Clean Energy and Infrastructure Deal

Capital Dynamics, an independent global asset manager, has announced capital commitments of $1.2 billion for the closing of its Clean Energy and Infrastructure VII JV LLC fund ("CEI VII"). This ...
/ / Finance and M&A, Solar
US Imposes 25 Percent Import Tariff on Solar Cells and Modules from China

US Imposes 25 Percent Import Tariff on Solar Cells and Modules from China

The Office of the United States Trade Representative (USTR) has announced a 25 percent additional tariff on the import of 279 Chinese products, worth approximately $16 billion. Among these products, ...
/ / Markets & Policy, Solar
India Rejects U.S. Claims in DCR Case at WTO

India Rejects US Claims in DCR Trade Case at the WTO

The back and forth between India and the U.S. regarding the protectionist Domestic Content Requirement (DCR) program continues. A month after the U.S. argued that India did not abide by ...
National Thermal Power Corporation

NTPC Tenders 250 MW of Solar Under DCR Category

National Thermal Power Corporation (NTPC) tendered 250 MW of solar under the domestic content requirement (DCR) category. This is a global tender and anyone can participate. The bid-submission deadline is ...
Solar rooftop

UPERC Proposes Allowing Aggregator Model to Develop Solar Rooftop with Net Metering

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed the use of aggregator model for installation of rooftop solar for a group of consumers under net-metering. The UPERC has proposed, ...
/ / Rooftop, Solar
DCR Category to Officially End in December 2017

DCR Category to Officially End in December 2017

The United States and India have agreed that December 14, 2017 will be the last day for domestic content requirement (DCR) category. According to the World Trade Organization (WTO) Article ...
US Power Grid

United States to Provide $7.5 Million for Enhancement of India’s Power Grid

The United States will provide India with $7.5 million to improve the national grid. The fund is provided by Department of Energy (DOE), United States Government, and will go towards ...
/ / Grid, T&D
Solar Imports Grew by 34 Percent Year-over-Year, Exports Declined 58 Percent in the First 11 Months of Financial Year 2016-17

Solar Imports Grew by 34 Percent Year-over-Year, Exports Declined 58 Percent in the First 11 Months of Financial Year 2016-17

In the 11 months from April to February in financial year (FY) 2016-17, export and import activity totaling $2.61 billion (~Rs.175.7 billion) was registered in the Indian solar sector, according ...
/ / Markets & Policy, Solar
Solar Project

Solar Power Generation in India Was Up 83% in the 11-Month Period from April 2016 -February 2017

India generated 11.86 billion units (BU) of solar power in the 11-month period from April 2016-February 2017. Solar accounted for 1.04 percent of all power generated in the country during ...
/ / Commercial, Solar
Cumulative RE Installations

Cumulative Renewable Energy Installations Cross 50 GW in India

The share of renewable power in India’s energy mix continues to increase with cumulative installations now exceeding 50 GW. The solar sector is witnessing installations and project commissioning at a ...
/ / Other, Renewable Energy
Both Commercial and Residential Respondents Favor Solar Power, Mercom Capital Group's India Consumer Survey Reveals

Both Commercial and Residential Respondents Favor Solar Power, Mercom Capital Group’s India Consumer Survey Reveals

The “India Consumer Perceptions on Renewable Energy Survey,” conducted by Mercom Communications India, a wholly-owned subsidiary of Mercom Capital Group, llc, a global communications and consulting firm, focused on gauging ...
/ / Markets & Policy, Solar