Markets Policy

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Wind Capacity Addition to Average at 136 GW Annually in the Next Five Years

Global wind power capacity grew by 9% year-over-year (YoY) to reach 906 GW in 2022, a Global Wind Energy Council report said. During the last year, 77.6 GW of new wind...

March 28, 2023

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Arjun Joshi

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Markets & Policy

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Wind
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Gujarat Regulator Allows DISCOM to Procure 1,070 MW Wind-Solar Hybrid Power

Gujarat Electricity Regulatory Commission (GERC) has approved distribution licensee  MPSEZ Utilities’ (MUL) petition to procure 1,070 MW of ISTS-connected wind-solar...

March 28, 2023

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Government Clarifies ALMM Enlistment Guidelines for Co-branded Solar Modules

The Ministry of New and Renewable Energy (MNRE) has modified the Approved List of Models and Manufacturers (ALMM) guidelines and provided exceptions to broaden the...

March 24, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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China Securities Regulatory Commission Approves Canadian Solar’s IPO

The China Securities Regulatory Commission has approved the registration of CSI Solar, the engineering, procurement, and construction arm of solar module maker Canadian...

March 24, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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Power Ministry’s Planning Led to Highest-Ever Budgetary Allocation: Committee

Allocation in the Union Budget 2023 to the Ministry of Power has increased 29% to over ₹160 billion (~$2 billion), the highest ever for the ministry, the parliamentary...

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Maharashtra Approves Tariffs for 8.7 MW of Solar Power Under KUSUM Program

The Maharashtra Electricity Regulatory Commission (MERC) has adopted tariffs of ₹3.28 (~$0.039)/kWh, ₹3.29 (~$0.039)/kWh, and ₹3.30 (~$0.040)/kWh for the procurement of...

March 21, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Tribunal Asks Regulator to Re-Examine Penalty on POWERGRID Due to Project Delay

The Appellate Tribunal for Electricity (APTEL) recently ruled in favor of the Power Grid Corporation of India (POWERGRID) and asked the Central Electricity Regulatory...

March 20, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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US Top Destination for Indian Solar Module Exports in 2022

India’s solar module exports witnessed an unprecedented surge in 2022, recording a 321% hike year-over-year (YoY), totaling $561.6 million. It was primarily driven...

March 14, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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China Flags India’s ALMM Mandate as a ‘Specific Trade Concern’ at WTO

China has once again raised a ‘Specific Trade Concern’ against India’s regulation that permits the deployment of only domestically manufactured solar modules for all...

March 15, 2023

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B.S. Nagaraj

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Markets & Policy

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Solar
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European Parliament to Mandate Solar Rooftops for All New Buildings by 2028

The European Parliament adopted the revised Energy Performance of Buildings Directive, mandating the use of solar rooftop systems for all new buildings by 2028 and...

March 16, 2023

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Satish Shetty

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Consumers

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Markets & Policy

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Rooftop

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Solar
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MNRE Notifies ALMM Exemption for Solar Projects Until March 31, 2024

As first reported by Mercom that the government is considering exempting solar projects from procuring modules listed in the Approved List of Models and Manufacturers...

March 10, 2023

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B.S. Nagaraj

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Markets & Policy

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Solar
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Expedited Wind Projects to Help Developing Economies Generate Revenue and Jobs

Wind projects could shore up revenue and jobs for the economies of Argentina, Colombia, Egypt, Indonesia, and Morocco which have a combined potential of 3.5 GW, Global...

March 15, 2023

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Arjun Joshi

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Markets & Policy

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Wind
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Uttarakhand Strives to Drive Solar via ‘Self-Employment,’ but Challenges Remain

Uttarakhand is a hilly state with limited solar installations and primarily depends on hydroelectric projects for its power needs. However, the state has recently...

March 9, 2023

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Gautamee Hazarika

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Markets & Policy

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Mercom Research Focus

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Solar
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CERC Approves Tariffs for 1.4 GW of ISTS-Connected Solar Projects

The Central Electricity Regulatory Commission (CERC) recently approved the tariffs of ₹2.37 (~$0.028)/kWh and ₹2.38 (~$0.029)/kWh discovered through a competitive...

March 10, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Spain Installs 2.6 GW of Rooftop Solar Capacity in 2022

Over 2,649 MW of rooftop solar capacity was installed in Spain in 2022, according to the annual report published by the Spain’s Association of Renewable Energy...

March 7, 2023

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Arjun Joshi

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Markets & Policy

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Solar

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