Markets Policy

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India’s Clean Energy Transition Targets Demand Greater Urgency

India’s energy landscape is on the brink of a transformative shift, driven by the urgent need to address climate change, energy security, and economic growth. The...

July 25, 2024

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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India’s 2024 Budget Push for Domestic Solar Manufacturing

Union Finance Minister Nirmala Sitharaman, in the first Budget under a new coalition government, laid out a series of measures to promote clean energy adoption and...

July 23, 2024

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Arshreet Singh

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Markets & Policy

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Solar
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RTC Renewable Products Must be Redesigned to Meet Demand Curve: Economic Survey

In its Economic Survey 2023-2024 presented to the Parliament by Finance Minister Nirmala Sitaraman, the Union Government has said round-the-clock (RTC) renewable energy...

July 22, 2024

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B.S. Nagaraj

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Markets & Policy

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Renewable Energy
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MNRE to Incentivize Local Bodies for Residential Rooftop Solar Installations

The Ministry of New and Renewable Energy (MNRE) has allocated ₹10 billion (~$119.5 million) to incentivize Urban Local Bodies (ULBs) and Panchayati Raj Institutions...

July 22, 2024

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Gautamee Hazarika

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Markets & Policy

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Rooftop

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Solar
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Germany Adds 3.4 GW of Solar Capacity in Q2 2024, Down from Last Year

Germany installed 3.4 GW of solar power capacity in the second quarter (Q2) of 2024, a 10.5% year-over-year (YoY) decrease from 3.8 GW, according to data published by...

July 22, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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MNRE Issues Guidelines for Incentives to DISCOMS Under PM Surya Ghar Program

The Ministry of New and Renewable Energy (MNRE) has issued the operational guidelines to implement the PM Surya Ghar: Muft Bijli Yojana for the component ‘Incentive to...

July 19, 2024

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar
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RERC Approves Tariff for 1,000 MW Solar Projects in Rajasthan

The Rajasthan Electricity Regulatory Commission (RERC) has approved the procurement of 1,000 MW of solar power by Rajasthan Urja Vikas & IT Service (RUVITL) from...

July 16, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Himachal Pradesh Commission Approves PPA for 1 MW Solar Project

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has approved the power purchase agreement (PPA) signed between the HP State Electricity Board (HPSEBL) and...

July 16, 2024

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Staff

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Markets & Policy

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Solar
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MERC Approves MSEDCL’s Bid to Procure 5 GW Solar and 1.6 GW Thermal Power

Maharashtra Electricity Regulatory Commission (MERC) has approved Maharashtra State Electricity Distribution Company’s (MSEDCL) petition to procure 5,000 MW of...

July 16, 2024

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Arjun Joshi

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Markets & Policy

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Other Energy

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Solar
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MNRE Adds 2.67 GW of Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 2,674 MW of new solar module capacity. The...

July 9, 2024

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Gautamee Hazarika

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Markets & Policy

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Modules

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Solar
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Odisha Streamlines Rules to Facilitate Rooftop Solar Installations

To accelerate the adoption of rooftop solar, the Odisha Electricity Regulatory Commission (OERC) has announced that as of July 2, 2024, installations of rooftop solar...

July 3, 2024

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Arshreet Singh

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Markets & Policy

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Solar
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Gujarat Commission Adopts Tariffs for 200 MW Wind-Solar Hybrid Projects

The Gujarat Electricity Regulatory Commission (GERC) has adopted the tariffs discovered under the competitive bidding process conducted by Gujarat Urja Vikas Nigam...

July 3, 2024

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Arjun Joshi

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Markets & Policy

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Solar

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Wind
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Tamil Nadu Proposes New Rules for Verifying Captive Status of Power Projects

The Tamil Nadu Electricity Regulatory Commission (TNERC) has released draft regulations aimed at tightening the process to verify if power projects qualify as captive...

June 28, 2024

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Arshreet Singh

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Markets & Policy

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Solar
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KPI Green Secures ₹6.86 Billion Funding for 200 MW Solar Project

Renewable energy solutions provider KPI Green Energy has secured a credit facility of ₹6.86 billion (~$82.1 million) to develop a 200 MW solar photovoltaic power project...

June 28, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Maharashtra Invites Bids for 10 MW Rooftop Solar Systems

Maharashtra Energy Development Agency (MEDA) has invited bids to implement 10 MW grid-connected rooftop solar power systems in renewable energy service company (RESCO)...

June 27, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar

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