solar

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Developer can Sell Solar Power in Open Market Post Commissioning Date: CERC

The Central Electricity Regulatory Commission (CERC) recently ruled that a solar developer was not obligated to supply the commissioned capacity of 62.5 MW after the...

June 6, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Renewable Energy Developers Must Comply with Connectivity Rules or Face Action

The Central Electricity Authority (CEA) has directed renewable energy developers who have applied for connectivity until April 30, 2023 to comply with CEA Connectivity...

June 6, 2023

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Rakesh Ranjan

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Grid

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Market & Policy
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IEA Forecasts Global Renewable Capacity Additions to Soar by 107 GW in 2023

Global renewable capacity additions are set to soar by an unprecedented 107 GW to over 440 GW in 2023. This growth is driven by expanding policy support, concerns over...

June 6, 2023

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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NLC India Invites Bids for BoS Package for 50 MW Solar Project

NLC India has invited bids for the balance of system (BoS) package to set up a 50 MW solar power project in the mined-out land of NLC India’s Mine II in Nevyeli,...

June 5, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Rajasthan DISCOM Invites Bids for 531 MW of Solar Projects Under KUSUM

The Jodhpur Vidyut Vitran Nigam (JDVVNL) has floated seven tenders for installing and commissioning 531.12 MW of grid-connected solar power projects in various...

June 5, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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MNRE Grants Timeline Extension for Solar and Solar-Wind Hybrid Projects

The Ministry of New and Renewable Energy (MNRE) has granted time extensions for solar and solar-wind hybrid power projects, with bid submission dates falling between...

June 5, 2023

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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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Month in a Minute: Top Headlines from Indian Renewable Sector in May 2023

Here is a recap of important headlines from May 2023: India installed 1.9 GW of new solar capacity during the first quarter (Q1)  of 2023, a decline of 48%...

June 5, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Investments in the Indian Solar Sector Declined 171% YoY to $1.03 billion in Q1

Investments in the Indian solar sector in the first quarter (Q1) of the calendar year 2023 totaled $1.03 billion (~₹85 billion), a 171% year-over-year (YoY) decrease...

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Small Capacities Make Up 22% of 601 MW of Solar Added in France in Q1 2023

France installed 601 MW of solar capacity in the first quarter (Q1) of 2023, compared to 596 MW installed in the same period of the previous year. Solar generated 3.6...

June 2, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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IEA Forecasts Utility-Scale Solar Additions in India to Drop 20% in 2023

The International Energy Agency (IEA) has forecast a slowdown in India’s utility-scale solar projects in 2023 and 2024 due to a module shortage, lower auction...

June 2, 2023

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Arjun Joshi

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Markets & Policy

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Solar

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Utility Scale
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India Bets on Renewables to Meet Peak Demand, Will Pause Coal Installations

The Central Electricity Authority’s (CEA) National Electricity Plan (NEP) proposes the development of over 8.68 GW of battery energy storage systems in place of...

June 2, 2023

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Arjun Joshi

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Other

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Renewable Energy
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MNRE Adds Five New Solar Module Manufacturers to the ALMM

The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) with the addition of five new entrants with a cumulative...

June 2, 2023

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Rakesh Ranjan

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Markets & Policy

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Modules

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Solar
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SECI Disburses ₹40.9 Million Rooftop Solar Subsidy in April 2023

The Solar Energy Corporation of India (SECI) has disbursed ₹40.9 million (~$495,480) as subsidies under the rooftop solar program in April 2023, a 194% increase from ₹13....

June 1, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Iberdrola, Norges Bank Ink $1.3 Billion Deal to Develop 1.26 GW Renewables

Spain-based independent power producer Iberdrola and the sovereign fund of Norway, managed by Norges Bank Investment Management, have committed to a joint investment of...

June 1, 2023

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Arjun Joshi

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Finance and M&A

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Solar

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Wind
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Maharashtra Regulator Directs DISCOM to Honor Solar Developer’s BCD and GST Claims

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, directed the Maharashtra State Electricity Distribution Company (MSEDCL) to pay ₹406.44...

May 31, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar

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