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How World Record Low Solar Prices Moved Out of India

Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […]

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Solaria now Files ITC Complaint Against Canadian Solar

On the heels of its lawsuit filed in March against Canadian Solar in a US District Court, Solaria has now filed additional claims against Canadian Solar with the ITC. On the heels of its lawsuit filed in March against Canadian Solar Inc. (CSIQ) in the US District Court for the Northern District of California, Solaria […]

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Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio

Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […]

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Cochin Port Trust Tenders for 1.5 MW Floating Solar Projects

The Cochin Port Trust has issued a tender for 1.5 MW grid-tied floating solar projects at the Backwaters near CoPT’s walkway avenue in Kerala. The Cochin Port Trust (CoPT) has issued a tender, inviting bids from eligible bidders for setting up of 1.5 MW (0.75 MW x 2) grid-tied floating solar projects at the Backwaters […]

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Manufacturing Boosted by Low Tariffs Will Help Atmanirbhar Bharat: RK Singh

RK Singh believes Lower tariffs will boost local manufacturing in the country, which in turn will contribute to achieving the goal of Atmanirbhar Bharat. Union Minister for Power and New and Renewable Energy RK Singh has said that the competitiveness of the Indian solar industry which has seen tariff drops to a record low will […]

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CERC Shutdown- Government Plans Review petition With SC?

The Central Electricity Regulatory Commission, which had effectively been shut down for September following a Supreme Court order, might yet start functioning a little sooner, with the government set to file a review petition, according to reports. We had reported how, since the order on August 28 last month, when the Supreme Court asked the […]

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SECI Fails To Wriggle Out of MERC Jurisdiction. Faces MSEDCL Claims for Damages

In an order with possibly far reaching consequences for SECI (Solar Energy Corporation of India), the Maharashtra Electricity Regulator (MERC) has opted to place the central government undertaking on the dock, for a claim brought in by MSEDCL (Maharastra state Electricity Distribution Company Limited). MSEDCL’s main complaint against SECI, which it opted to bring before […]

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US Solar Market Installed 3.5 GW of new Solar Capacity in Q2 2020

The US solar market installed 3.5 GW of new solar PV capacity in Q2 2020, a drop of 6 percent from Q1 installations, according to a new report. The US solar market installed 3.5 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q2 2020, a drop of 6 percent from Q1 installations. At the same time, utility-scale solar remained resilient despite the COVID-19 […]

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