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solar PV

Missing The Sunshine – Mini Grids in India

Even as the solar story develops in India, there is a part of the sector that has quietly been working and making an impact in its own way. Yes, Mini Grids and even micro grids, in the limited opportunities they have had in the country, have made a strong case for themselves. Serving areas that […]

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Danish Renewable Energy Infrastructure Fund Closes on $700 Mn

Copenhagen Infrastructure Partners (CIP) new fund, the New Markets Fund I, which will invest in renewable energy infrastructure targeting fast-growing major new economies primarily in Asia and Latin America, reached the first close of USD 700 million. “Obtaining first close commitments of USD 700m from a group of leading Nordic investors is an important proof […]

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Draft Net-Metering Regulations For Goa and UTs Issued by JERC

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories (UTs) has issued draft net metering regulations. The Regulations shall extend to the state of Goa and the UTs of Andaman and Nicobar Islands, Chandigarh, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep and Puducherry. And, will be applicable only to […]

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SECI Extends Deadline For 3 GW Manufacturing Linked Tender

The deadline for submission has been extended from May 14, 2019, to May 31, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant. The […]

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Residential Storage Market Project to Reach $17.5 Bn by 2024

A new report has revealed that the global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. The report released by market research solutions firm ReportLinker revealed that this growth is attributed to factors such as declining […]

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Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report

2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […]

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Fourth Extension For SECI’s 97.5 MW Rooftop Scheme

The deadline for bid submissions has been extended until May 21, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for submission of bids on its 97.5 MW grid-connected rooftop solar PV system scheme for government buildings, for the third time in April. On March 28, 2019, the agency had issued amendments […]

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Expanding its Global Presence, Growatt Sets Up Service Centre in Brazil

Growatt, a leading Chinese inverter manufacturer has set up its Brazil Service Center in Mogi das Cruzes to expand its global presence. The expansion falls in line with the solar PV installations in Brazil. Solar capacity additions in the recent years have drastically increased in the South American nation, with 371.9 MW capacity added in […]

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Azure Power to Get Compensation For Increase in Costs Due to Safeguard Duty

The Maharashtra Electricity Regulatory Commission (MERC) recently heard two petitions made by Azure Power in two cases in which it had requested the commission to consider the levy of safeguard duty as Change in Law and had asked it for approval and determination of compensation for the increase in project cost following the imposition. In […]

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