25% of Generation Capacity of Coal Plants Must be from Renewables Ministry of Power

25% of Generation Capacity of Coal Plants Must be from Renewables: Ministry of Power

The Ministry of Power (MoP) has proposed that any coal-based thermal generation station coming up after April 1, 2024, must either install or procure renewable energy equivalent to 25% of ...
/ / Markets & Policy, Solar
CERC Announces Levelized Tariffs for Small Hydro, Biomass and Biogas Projects for FY23

CERC Announces Levelized Tariffs for Small Hydro, Biomass and Biogas Projects for FY23

The Central Electricity Regulatory Commission (CERC) has issued levelized generic tariffs for renewables for the financial year (FY) 2022-23. The control period of the tariff will be from July 1, ...
Haryana Sets Additional Surcharge of ₹0.78/kWh for Open Access Consumers

Haryana Sets Additional Surcharge of ₹0.78/kWh for Open Access Consumers

The Haryana Electricity Regulatory Commission (HERC) has approved an additional surcharge of ₹0.78 (~$0.009)/kWh for open access consumers who avail power from any source other than the distribution companies (DISCOMs) ...
/ / Markets & Policy, Solar
Mercom Brings C&I Consumers Together at the Ahmedabad Clean Energy Meet

Mercom Brings C&I Consumers Together at the Ahmedabad Clean Energy Meet

Mercom India’s C&I Clean Energy Meet 2022 series provides a unique platform for the country’s commercial and industrial (C&I) consumers to interact with renewable energy experts and understand the viability ...
Maharashtra Regulator Orders Wind Developer to Pay Deviation Charges

Maharashtra Regulator Orders Wind Developer to Pay Deviation Charges

Maharashtra Electricity Regulatory Commission (MERC) directed Sterling Agro Industries to pay deviation charges of ₹1,634,494 (~$19,747) for the period between January 6, 2020, to June 28, 2020, for deviation at ...
/ / Markets & Policy, Wind
Germany Installs 4.9 GW of Solar in 9M 2022 as it Moves to Cut Russian Gas Dependency

Germany Installs 4.9 GW of Solar in 9M 2022 as it Moves to Cut Russian Gas Dependency

Germany installed 4.9 GW of solar capacity in the first nine months (9M) of 2022, according to the latest data released by the Federal Network Agency Bundesnetzagentur. In a year-over-year (YoY) ...
/ / Markets & Policy, Solar
Adani DISCOM to Procure 1 GW Renewable Power Bundled with Thermal

Adani DISCOM to Procure 1 GW Renewable Power Bundled with Thermal

Maharashtra Electricity Regulatory Commission (MERC) has allowed Adani Electricity Mumbai (AEML) to procure 1,000 MW of renewable power bundled with thermal (500 MW plus an additional 500 MW under the ...
SECI Refunds ₹54 Million in Subsidy for Rooftop Solar Program in September 2022

SECI Refunds ₹54 Million in Subsidy for Rooftop Solar Program in September 2022

The Solar Energy Corporation of India (SECI) released ₹8.93 billion (~$108.61 million) in payments to solar and wind power generators for the power purchased in September 2022. The disbursal accounted ...
/ / Markets & Policy, Solar
Regulator Approves Purchase of 2.5 GW of Solar Power by Telangana DISCOMs

Regulator Approves Purchase of 2.5 GW of Solar Power by Telangana DISCOMs

Telangana State Electricity Regulatory Commission (TSERC) accorded in-principle approval to Telangana State Distribution Companies (DISCOMs) to procure 2,545 MW of solar power from NTPC, NHPC, and Solar Energy Corporation of ...
/ / Markets & Policy, Solar
Additional Surcharge for Open Access Projects in Uttarakhand Raised to ₹1.14kWh

Additional Surcharge for Open Access Projects in Uttarakhand Raised to ₹1.14/kWh

Uttarakhand Electricity Regulatory Commission (UERC) has revised the additional surcharge to ₹1.14 (~$0.013)/kWh for consumers sourcing power through open access from October 1, 2022, to March 31, 2023. This is ...
/ / Markets & Policy, Solar
Punjab Proposes Wind, Hydro, Energy Storage Obligation Trajectory Up to FY 2030

Punjab Proposes Wind, Hydro, Energy Storage Obligation Trajectory Up to FY 2030

Punjab State Electricity Regulatory Commission (PSERC) has issued the Draft Punjab State Electricity Regulatory Commission (Renewable Purchase Obligation and its compliance) Regulations, 2022, outlining the renewable purchase obligation (RPO) trajectory ...
SB Energy to Sell Power to Google from its 1.2 GW Solar Projects in Texas

SB Energy to Sell Power to Google from its 1.2 GW Solar Projects in Texas

Renewable energy developer SB Energy Global said that Google will buy approximately 75% (942 MW) of the clean energy produced by the company’s four Texas-based upcoming solar projects with a ...
/ / Markets & Policy, Solar
Increased N-Type Module Shipments Push Jinko Solar's Q3 2022 Revenue Up 128% YoY

Increased N-Type Module Shipments Push Jinko Solar’s Q3 2022 Revenue Up 128% YoY

Chinese cell and module manufacturer Jinko Solar’s revenue for the third quarter (Q3) of 2022 rose to RMB19.52 billion (~$2.74 billion), increasing by 127.8% year-over-year. The company recorded a revenue ...
/ / Markets & Policy, Solar
Solar’s Share in the Installed Power Capacity Mix Rises to 14.7% at the End of Q3 2022

Solar’s Share in the Installed Power Capacity Mix Rises to 14.7% at the End of Q3 2022

India’s installed renewable energy capacity, including large hydro projects, stood at 163.7 GW, accounting for a 40.3% share of the overall power capacity mix at the end of the third ...
REC Limited's Net Profit Increases Marginally YoY to ₹51.76 Billion in 1H FY 2023

REC Limited’s Loan Disbursements to Renewable Energy Companies Rises by 426% in 1H FY 2023

REC Limited's consolidated net profit saw a marginal increase of 4% to ₹51.76 billion (~$628.57 million) in the first half (1H) of FY 2023, compared to ₹49.6 billion (~$602.34 million) ...
/ / Markets & Policy, Solar
Increased Demand for Residential Solar Systems Boost Sunnova’s Q3 Revenue by 116%

Increased Demand for Residential Solar Systems Boost Sunnova’s Q3 Revenue by 116%

U.S.-based residential solar company Sunnova posted a year-over-year (YoY) surge of 116% in revenue at $149.3 million for the third quarter (Q3) of 2022 compared to $68.9 million in Q3 ...
/ / Markets & Policy, Solar
China Has Added 52.6 GW of New Solar Capacity in 9M 2022

China Added 52.6 GW of New Solar Capacity in 9M 2022

China installed 52.6 GW of new solar capacity in the first nine months (9M) of 2022, according to the latest data released by the National Energy Administration (NEA). Installations were ...
/ / Markets & Policy, Solar
Texas-Based Module Maker Mission Solar Energy to Expand Production Capacity by 1 GW

Texas-Based Module Maker Mission Solar Energy to Expand Production Capacity by 1 GW

Texas-based solar modules manufacturer Mission Solar Energy has announced a 1 GW module capacity expansion plan to meet the demand for 2023 and beyond. Mission Solar’s announcement follows the passage ...
/ / Markets & Policy, Solar
Developer Penalized for Cutting of Trees to Set Up a Solar Project in Rajasthan

Developer Penalized for Cutting of Trees to Set Up a Solar Project in Rajasthan

The National Green Tribunal recently directed a developer to plant ten times more trees than what was cut to develop a solar power project in the Jodhpur district of Rajasthan ...
/ / Markets & Policy, Solar
China’s Wafer, Cell, and Module Capacities to Reach 550-600 GW by the end of 2022

China’s Wafer, Cell, and Module Capacities to Reach 550-600 GW by the end of 2022

Solar module shipments by the top ten manufacturers reached 140-150 GW in China in the first nine months of 2022. According to China’s PV Industry Association, the export of solar ...
/ / Markets & Policy, Solar
Anti-Dumping Duty Imposed on Electro-Galvanized Steel Imports from Three Countries

Anti-Dumping Duty Imposed on Electro-Galvanized Steel Imports from Three Countries

The Ministry of Finance (Department of Revenue) has imposed anti-dumping duty on electro-galvanized steel originating in or exported from South Korea, Japan, and Singapore and imported into India to offset ...
/ / Markets & Policy, Other
Government Shuts Door on Solar Projects Hoping for Concessional Import Duty

Government Shuts Door on Solar Projects Hoping for Concessional Import Duty

The government has amended the Project Import Regulations, 1986 to specifically exclude solar power projects from the purview of the law, effectively shutting down a legal route for developers to ...
Average AT&C Losses for DISCOMs Increases to 22.32% in FY21

Average AT&C Losses for DISCOMs Increases to 22.32% in FY21

The average aggregate technical and commercial (AT&C) losses for distribution companies (DISCOMs) at the national level increased from 20.73% in the financial year (FY) 2019-20 to 22.32% in FY 2020-21 ...
/ / Grid, Markets & Policy
Odisha Proposes Revisions to Deviation Settlement Regulations

Odisha Proposes Revisions to Deviation Settlement Regulations

The Odisha Electricity Regulatory Commission (OERC) has issued the revised draft ‘Deviation, Settlement Mechanism, and Related Matters Regulations, 2022’ to ensure that users of the grid adhere to their schedule ...
/ / Markets & Policy, Solar
MNRE Seeks Stakeholder Comments on Repowering Wind Projects Below 2 MW Capacity

MNRE Seeks Stakeholder Comments on Repowering Wind Projects Below 2 MW Capacity

India has an estimated wind repowering potential of 25.4 GW considering wind turbines of less than 2 MW capacity, according to the ‘Policy for Repowering of the Wind Power Projects, ...
/ / Markets & Policy, Wind