MNRE Grants Timeline Extension for Solar Projects Bid Before BCD Announcement

MNRE Grants Timeline Extension for Solar Projects Bid Before BCD Announcement

The Ministry of New and Renewable Energy (MNRE) has extended the timeline for the completion of solar and wind-solar hybrid projects for which bids were finalized before March 9, 2021 ...
/ / Markets & Policy, Solar
India's Wind Installations Increased 8% YoY to 229 MW in Q4 2022

India’s Wind Installations Increased 8% YoY to 229 MW in Q4 2022

Total wind capacity installations in India increased year-over-year (YoY) by 8%, with 229 MW added in the fourth quarter (Q4) of 2022 against 212 MW installed during Q4 2021. However, ...
Government Sets IREDA a Revenue Target of ₹33.61 Billion for FY23

Government Sets IREDA Revenue Target of ₹33.61 Billion for FY23

The Government of India has set a revenue target of ₹33.61 billion (~$414 million) for the financial year (FY) 2022-23 for Indian Renewable Energy Development Agency (IREDA), 18% higher than ...
Outlook for Indian Solar Industry in 2023: A New Manufacturing Era Begins

Outlook for Indian Solar Industry in 2023: A New Manufacturing Era Begins

As we enter 2023, a new era is beginning in the Indian solar industry - a move toward domestic manufacturing and supply chain independence. The solar industry in India experienced ...
Karnataka Floats Bids For Solarization of Agricultural Feeders Under KUSUM

Karnataka Invites Bids for Solarization of Agricultural Feeders Under KUSUM

Karnataka Renewable Energy Development (KREDL) has invited bids for the installation and commissioning of grid-connected distributed solar power systems for the solarization of agricultural feeders covering 75,000 individual pump sets ...
/ / Solar, Tenders & Auctions
Asian Development Bank Proposes Business Models for Rooftop Solar in India

Asian Development Bank Proposes Business Models for Rooftop Solar in India

The Asian Development Bank (ADB) has suggested various business models for the deployment of rooftop solar systems in India on a larger scale with utilities as the primary stakeholders. It ...
/ / Rooftop, Solar
Daily News Wrap-Up: L&T Bags EPC Contract for SJVN's 90 MW Floating Solar Project

Daily News Wrap-Up: L&T Bags EPC Contract for SJVN’s 90 MW Floating Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: SJVN announced that it had entered into an engineering, procurement, and construction (EPC) contract with Larsen & ...
/ / Other, Renewable Energy
Mercom India’s Most Read News Stories from 2022

Mercom India’s Most Read News Stories from 2022

Here is a collection of the most-read news stories and in-depth articles of 2022. Most of the top stories this year were from the rooftop solar segment. Other popular themes among ...
Regulator Restrains SECI from Encashing Solar Developer’s Bank Guarantee

Regulator Restrains SECI from Encashing Solar Developer’s Bank Guarantee

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed Solar Energy Corporation of India (SECI) to return the performance bank guarantee to ReNew Power's subsidiaries. SECI had invoked the encashment ...
/ / Markets & Policy, Solar
Top Developments that Influenced Hybrid and Wind Power Market in 2022

Top Developments that Influenced Hybrid and Wind Power Market in 2022

The year 2022 saw heightened interest in hybrid power projects in the country. India has approximately 1.3 GW capacity installed under hybrid power projects and about 11 GW in the ...
Daily News Wrap-Up: MNRE Extends Timeline for Solar Projects Under CPSU Program

Daily News Wrap-Up: MNRE Extends Timeline for Solar Projects Under CPSU Program

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has granted a timeline extension until September 30, 2024, ...
/ / Other, Renewable Energy
Government Points to DISCOMs’ Role in Tepid Rooftop Solar Installations

Government Points to DISCOMs’ Role in Tepid Rooftop Solar Installations

The blame for the country’s underwhelming performance in rooftop solar installations as against the 2022 target primarily lies with the state-owned distribution companies (DISCOMs), the union minister for power hinted ...
/ / Markets & Policy, Rooftop, Solar
MNRE Asks State Agencies to Implement Rules for Faster Rooftop Solar Adoption

MNRE Asks State Agencies to Implement Rules for Faster Rooftop Solar Adoption

The Ministry of New and Renewable Energy (MNRE) has written to State Electricity Regulatory Authorities (SERCs) and power distribution companies (DISCOMs) across the country reiterating that they must expedite the ...
/ / Markets & Policy, Rooftop, Solar
Major Events that Impacted the Solar Sector in 2022

Major Events that Impacted the Solar Sector in 2022

India installed a record 10 GW of new solar capacity during the first nine months of 2022, an increase of 35% year-over-year, according to Mercom India Research's Q3 2022 India ...
Daily News Wrap-Up: NTPC Commissions Part of a 230 MW Solar Project in Tamil Nadu

Daily News Wrap-Up: NTPC Commissions Part of a 230 MW Solar Project in Tamil Nadu

Here are some noteworthy cleantech announcements of the day from India and around the world NTPC has declared commercial operation of the first part capacity of 162.27 MW out of ...
/ / Other, Renewable Energy
Polycrystalline Module Shortage Leaves Government Rooftop Solar Projects Stranded

Polycrystalline Module Shortage Leaves Government Rooftop Solar Projects Stranded

As module manufacturers rush to upgrade technology for supplying to captive domestic demand, a shortage of polycrystalline modules has been created in the domestic market, severely delaying government projects. Although ...
India-Denmark Collaborative Study Identifies 15 Offshore Wind Sites

India-Denmark Collaborative Study Identifies 15 Offshore Wind Sites

A Danish-Indian collaborative study, which aims to support India’s 30 GW offshore wind target by 2030, has identified fifteen zones for the first offshore wind development project. The study was ...
/ / Markets & Policy, Wind
Haryana Supply Department Invites Bids for 30 MW of Rooftop Solar Systems

Haryana Supply Department Invites Bids for 30 MW of Rooftop Solar Systems

Haryana’s Supply and Disposals Department has invited bids to install and commission 30 MW of grid-connected rooftop solar power systems on government buildings in the state. The last date to ...
/ / Solar, Tenders & Auctions
Regulatory Approval Granted for Repowering Wind Projects in Karnataka

Regulatory Approval Granted for Repowering Wind Projects in Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has ruled that all existing wind projects in the state can undergo repowering, which means the project can replace old and outdated turbines with ...
/ / Other, Wind
Daily News Wrap-Up: Google Signs 5 TWh PPA with Engie for Offshore Wind Farm

MNRE Issues Draft Tender to Lease Sea Bed for 4 GW of Offshore Wind Projects

Ministry of New and Renewable Energy (MNRE) has issued a draft tender to select wind power developers for leasing sea-bed areas to develop 4 GW of offshore wind power projects ...
/ / Other, Wind
IREDA's Loan Approvals for Renewables Swells by 89% QoQ in Q2 FY23

IREDA’s Loan Approvals for Renewables Swell by 89% QoQ in Q2 FY23

Indian Renewable Energy Development Agency (IREDA) has posted a profit of ₹1.84 billion (~$22.83 million) in the second quarter (Q2) of the financial year (FY) 2023, marking an increase of ...
/ / Finance and M&A, Other
MNRE Approves ₹8.5 Billion National Bioenergy Program

MNRE Approves ₹8.5 Billion National Bioenergy Program

The Ministry of New and Renewable Energy (MNRE) has notified the National Bioenergy Program, valid from FY 2021-22 to FY 2025-26. The program has been recommended for implementation in two phases ...
/ / Other, Renewable Energy
Daily News Wrap-Up: MNRE Amends Bidding Rules for Wind-Solar Hybrid Power Projects

Daily News Wrap-Up: MNRE Amends Bidding Rules for Wind-Solar Hybrid Power Projects

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for tariff-based competitive bidding to ...
/ / Other, Renewable Energy
Madhya Pradesh to Set Up Manufacturing Zones for Solar, Wind Energy Equipment

Madhya Pradesh to Set Up Manufacturing Zones for Solar, Wind Energy Equipment

Madhya Pradesh Industrial Development Corporation (MPIDC) has been declared the successful bidder to set up manufacturing zones for solar and other renewable energy equipment, including power transmission-related equipment. In April ...
/ / Solar, Tenders & Auctions
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 ...