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Quality Issues Surface in Rooftop Solar Systems Under PM Surya Ghar

As rooftop solar installations under the PM Surya Ghar: Muft Bijli Yojana reach 1 million nationwide, concerns have arisen about the lack of quality checks for the components and the absence of standardization. Several new install...

March 17, 2025

Mercom Research Focus

Solar Developers Fear Module Price Hikes After Import Duties on Solar Glass

Solar project developers anticipate a rise in module prices to drive up overall project costs following the recent import duties on solar glass. Recently, the Ministry of Commerce and Industry imposed anti-dumping duty in the rang...

March 13, 2025

Mercom Research Focus

India Adds 6.9 GW of Solar Open Access Capacity in 2024

India added 6.9 GW of solar open access capacity in 2024, a 77% year-over-year (YoY) increase from 3.9 GW, according to the newly-released Mercom India Q4 & Annual 2024 India Solar Open Access Market Report. This growth repres...

March 11, 2025

Grid

Two-Year Extension of Distribution Sector Reforms Program on the Cards

A two-year extension of the Revamped Distribution Sector Scheme (RDSS) aimed at bringing operational efficiencies and financial discipline to India’s power distribution sector is on the cards. The Ministry of Power (MoP) has told ...

March 17, 2025

Latest News

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Right-of-Way Issues Hit 14 Interstate Transmission Projects

Fourteen interstate transmission system (ISTS) projects are facing prolonged right-of-way (RoW) issues, mainly because of the demand for higher compensation compared to rates determined by state governments. Other reasons for transmission project...

March 17, 2025

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NHPC Floats Tender for 2.56 MW Rooftop Solar Projects in Nagaland

NHPC has invited bids for setting up 2.56 MW rooftop solar projects on government buildings in Nagaland under the PM Surya Ghar: Muft Bijli Yojana. The last date to submit bids is April 21, 2025. Bids will be opened on April 23. Bidders must submit...

March 17, 2025

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SWELECT Raises ₹2.9 Billion Through Private Placement with India Infradebt

Solar power systems company SWELECT Group has secured ₹2.9 billion (~$33.39 million) in funding through non-convertible debentures via a private placement with India Infradebt. This initiative, backed by a portion of its solar power assets, has...

March 17, 2025

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The Middle East’s Green Finance Boom: Hype or Real Transformation?

When Masdar, the UAE’s flagship renewable energy company, launched its $750 million green bond in mid-2023, the response was overwhelming. Investors scrambled to get in, oversubscribing the issuance nearly six times. A similar story played out a...

March 17, 2025

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Daily News Wrap-Up: Import Duties on Solar Glass May Increase Module Prices

Solar project developers anticipate a rise in module prices to drive up overall project costs following the recent import duties on solar glass. Recently, the Ministry of Commerce and Industry imposed anti-dumping duty from $658/MT to $664/MT for...

March 17, 2025

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Potato Chips Maker Shyam Snacks Halves Energy Bills with Rooftop Solar

A snacks manufacturer in Haryana has demonstrated how installing a rooftop solar system can yield savings on electricity bills. The company is so impressed with the experience that it has gone for the fourth phase of its rooftop solar project....

March 17, 2025

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MENA Weekly Roundup: Iraq Begins Construction of 1 GW Solar Project

Iraq started constructing its largest solar power project, Basra Sun, with a total capacity of 1,000 MW in the Basra province. The civil work on the project, which spans approximately 22,500 acres in the Basra desert, has also begun. The project...

March 17, 2025

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Amrut Energy Raises ₹1 Billion to Expand Solar Water Pump Manufacturing

Ahmedabad-based Amrut Energy, a solar water pumps manufacturer and renewable energy solutions provider, has secured ₹1 billion (~$11.49 million) in funding from private equity investors. The company aims to utilize the investment to expand...

March 13, 2025

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