MNRE Proposes Group and Virtual Net Metering for Rooftop Solar in Rural Areas

MNRE Proposes Group and Virtual Net Metering for Rooftop Solar in Rural Areas

The Ministry of New and Renewable Energy (MNRE) has invited feedback from stakeholders on its draft standard operating procedures for Virtual Net Metering and Group Net Metering to overcome the ...
Inflation Reduction Act Could be a Gamechanger for US Solar Industry

Inflation Reduction Act Could be a Gamechanger for US Solar Industry

A legislation proposed in the US called the ‘Inflation Reduction Act of 2022’ to address climate change, taxes, healthcare, and inflation could see a revival of the domestic solar energy ...
Solar Park Development Sluggish Says Standing Committee on Energy (1)

Solar Park Development Sluggish, Says Standing Committee on Energy

The Parliamentary Standing Committee on Energy has expressed disappointment at the slow progress of solar park development in the country and the shortfall in meeting the target set for solar ...
Frequent Policy Changes a Major Hurdle for Large-Scale Solar Installations

Policy Stability Vital for Large-Scale Solar Installations

Large-scale projects are the drivers of solar development in India, with a pipeline of approximately 57 GW at the end of the second quarter (Q2) of 2022. For India to ...
/ / Markets & Policy, Solar
India Has to Keep Pace With Technological Innovations to Unlock Solar's Potential

India Has to Keep Pace With Technological Innovations to Unlock Solar’s Potential

Technological innovations are very important for the growth of the solar sector in the country. We have new technological advancements every two to three years, making incumbent technologies obsolete. India ...
/ / Markets & Policy, Solar
Innovative Tenders by SECI Address Peak Power and RTC Supply Concerns (1)

Innovative Tenders by SECI Address Peak Power and RTC Supply Concerns

The Solar Energy Corporation of India (SECI) was created in 2011 to implement the National Solar Mission and ensure robust project development. SECI, through its various tenders, has played a ...
/ / Markets & Policy, Solar
Cost Savings and Net-Zero Targets Drive Solar Adoption in the C&I Segment

Cost Savings and Net-Zero Targets Drive Solar Adoption in the C&I Segment

Businesses have to embrace renewable energy faster and in more significant numbers if India has to realize its non-fossil fuel energy target by 2030. The Commercial and Industrial (C&I) segment ...
/ / Markets & Policy, Solar
Vertical Integration of Manufacturing Key to Solar Sector Growth

Vertical Integration of Manufacturing Key to Solar Sector Growth

To meet the ambitious target of 280 GW by 2030, India must install 27 GW of capacity annually until 2030. Currently, India has a module manufacturing capacity of 24 GW ...
/ / Markets & Policy, Solar
Energy Security A Driving Factor As India Strives to Reach 280 GW Solar by 2030

Energy Security A Driving Factor As India Strives to Reach 280 GW Solar by 2030

India added approximately 9.2 GW of power capacity in the first half (1H) of 2022, out of which renewables, including large hydro, contributed close to 90%. Solar contributed about 77% ...
Uttar Pradesh Regulator Approves Tariff of ₹2.98/kWh to Procure 125 MW of Solar Power

Uttar Pradesh Regulator Approves Tariff of ₹2.98/kWh to Procure 125 MW of Solar Power

The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently adopted the tariff of ₹2.98 (~$0.037)/kWh to procure 125 MW of solar power from grid-connected projects to be installed under the 'Solar ...
Emerging Solar Technologies Can Improve Power Generation and Revenues

Emerging Solar Technologies Can Improve Power Generation and Revenues

Solar energy has emerged as a clean, sustainable, and powerful alternative to fossil fuels. Sunlight can meet the world's energy demands with various technologies to harvest solar energy. The first ...
/ / Markets & Policy, Solar
Customs Authority Allows a Solar Developer to Import Modules at a Concessional Rate of 5%

Customs Authority Allows a Solar Developer to Import Modules at a Concessional Rate of 5%

The Customs Authority for Advance Rulings recently allowed the import of all the components for a solar project at a concessional rate of 5%, circumventing the basic customs duty impositions ...
Power Ministry Notifies Wind, Hydro and Energy Storage Purchase Obligation Up to 2030

Power Ministry Notifies Wind, Hydro and Energy Storage Purchase Obligation Up to 2030

The Ministry of Power (MoP) has issued the Renewable Purchase Obligation (RPO) and Energy Storage Obligation (ESO) until the financial year 2029-2030. A committee under the co-chairmanship of secretaries of ...
Rajasthan, Haryana, and Punjab Lead Solar Pump Installations Under PM-KUSUM Program

Rajasthan, Haryana, and Punjab Lead Solar Pump Installations Under PM-KUSUM Program

Rajasthan, Haryana, and Punjab are the top three states with the highest number of solar pump installations under the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) program. This ...
JSW Energy’s Revenue Increased by 68% YoY to ₹31.15 Billion in Q1 FY 2023

JSW Energy’s Revenue Increased by 68% YoY to ₹31.15 Billion in Q1 FY 2023

JSW Energy registered revenue of ₹31.15 billion (~$389.62 million) in the first quarter (Q1) of the financial year (FY) 2023, an increase of 68% year-over-year (YoY) over ₹18.6 billion (~$232.65 ...
Regulator Approves Purchase of 1,692 MW of Solar Power by Telangana DISCOMs

Regulator Approves Purchase of 1,692 MW of Solar Power by Telangana DISCOMs

The Telangana State Electricity Regulatory Commission (TSERC) has approved power usage agreements (PUAs) between Telangana distribution companies (DISCOMs), and NTPC for the purchase of 1,692 MW of solar power from ...
/ / Markets & Policy, Solar
Policy Tweaks Necessary to Achieve India’s Solar Target of 280 GW by 2030

Policy Tweaks Necessary to Achieve India’s Solar Target of 280 GW by 2030

Last year was a banner year for the Indian solar sector, with capacity additions breaking the 10 GW for the first time, raising hopes of India achieving the 500 GW ...
Robotic Cleaning Can Maximize Energy Yield & Reduce O&M Cost of Solar Projects

Robotic Cleaning Can Maximize Energy Yield & Reduce O&M Cost of Solar Projects

Solar power projects need efficient operations and careful maintenance after being commissioned to maximize energy yield through the project's useful life. Dust and dirt that settle on solar modules reduce ...
/ / Markets & Policy, Solar
Kerala DISCOM’s Plea to Introduce Gross Metering & Net Billing for Solar Systems Rejected

Kerala DISCOM’s Plea to Introduce Gross Metering & Net Billing for Solar Systems Rejected

The Kerala State Electricity Regulatory Commission (KSERC), in a recent order, rejected the Kerala State Electricity Board's (KSEB) request to introduce the gross metering and net-billing or net-feed-in program for ...
US Announces $56 Million to Boost Innovation in Solar Manufacturing and Recycling

US Announces $56 Million Funding to Boost Innovation in Solar Manufacturing and Recycling

The Biden-Harris Administration announced $56 million in funding, alongside a new set of initiatives to augment the innovation in solar manufacturing and recycling to make energy more cost-effective and create ...
Domestic Solar Modules Need to be of Optimum Price and Quality

Domestic Solar Modules Need to be of Optimum Price and Quality

The government is pushing to establish a domestic solar manufacturing base for high-efficiency solar modules and reduce the renewable energy sector’s import dependence. Some of the initiatives devised to support ...
/ / Markets & Policy, Solar
India Likely to Have Energy Surplus of 2.9% During 2022-23 CEA

India Likely to Have Energy Surplus of 2.9% During 2022-23: CEA

India is likely to have an energy surplus of 2.9% and a peak surplus of 3.4% for the year 2022-23, according to the Central Electricity Authority’s (CEA) latest Load Generation ...
/ / Markets & Policy, Solar
Railways Invites Bids for 1.548 GW of Solar Projects Across India

Railways Invites Bids for 1.55 GW of Solar Projects Across India

REMC Limited, a joint venture of the Indian Railways and RITES, has invited bids to set up 1.548 GW of ground-mounted solar power projects near the traction substations at 25 ...
Commissioning Date Extended for a 300 MW Solar Project on the Grounds of 'Force Majeure'

Commissioning Date Extended for a 300 MW Solar Project on the Grounds of ‘Force Majeure’

The Maharashtra Electricity Regulatory Commission (MERC) recently extended the commissioning date of ACME Heergarh Powertech's 300 MW solar project in Rajasthan to April 19, 2022, on the ground of 'force ...
Corporate Funding for Solar Sector Globally Hits the $12 Billion Mark in 1H 2022

Corporate Funding for Solar Sector Globally Hits the $12 Billion Mark in 1H 2022

Total corporate funding, including venture capital funding, public market, and debt financing, for the solar sector in the first half (1H) 2022 stood at $12 billion, 11% lower than the ...