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EU Action Plan Proposes 40% Investment In Electricity Grids Till 2030

The European Union (EU) Commission released an ‘Action Plan’ which supports the European Green Deal. The Commission’s proposed action plan aims at supporting the Europe’s electricity demand, which is expected to increase by 60% till 2030. The prosed system is expected to help deliver a digitalized, decentralized and flexible system. It claims to accommodate millions […]

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Tamil Nadu Exempts 50% Of Rooftop Solar Network Charges For MSMEs

The Tamil Nadu Electricity Regulatory Commission (TNERC), in its latest order, approved the directive of the state government to waive off 50 percent of the network charges for rooftop solar consumers in the MSME sector.   Earlier, the government on November 11 had announced the move during the State Assembly session. The government, in its order, had […]

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SECI Issues RFS for 1 GW Firm & Dispatchable Renewable Energy

The Solar Energy Corporation of India (SECI) has issued a tender for the selection of renewable energy developers for the supply of 1000 MW firm and dispatchable power from ISTS connected renewable energy (RE) power projects in India, under tariff-based competitive bidding (SECI-FDRE-V) on Build-Own-Operate (BOO) basis. Land and connectivity shall be in the scope […]

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OREDA Issues Bid For Rooftop Solar, Allows Virtual Net-Metering

The Odisha Renewable Energy Development Agency (OREDA) issued a tender seeking solar energy generators for installing rooftop solar systems under RESCO model. Under the model, the solar energy generator will install the rooftop solar systems in government buildings on and will charge the government rentals for their services.  As per the tender documents, the interested […]

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MERC Allows Compensation To Tata Power Over Hiked GST Rates

The Maharashtra Electricity Regulatory Commission (MERC) in its latest judgement allowed compensation to Tata Power Green Energy Limited (TPGEL) on account of ‘change of law’ events. The order came to the fore when TPGEL moved the State Commission seeking compensation on account of additional expenses due to increased GST rates. TPGEL, the petitioner in the […]

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Technique Solaire Acquires 5 Solar Plants With 135.4 MWp Capacity

In a strong indicator of its plans for India and overall international expansion, French developer Technique Solaire Group has acquired 5 ground-mounted photovoltaic power plants in the state of Karnataka, southwest India. The combined capacity of these 5 projects is 135.4 MWp, bringing the total capacity operated by the Group in India to 210 MWp. […]

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A 100 kW Solar Installation In Bihar Can Save Rs 2.7cr: CEEW Report

The report by the Council on Energy, Environment and water (CEEW) titled, ‘Community Solar for Advancing Power Sector Reforms and the Net-Zero Goals’, highlights the usage of rooftop solar in eastern Indian states of Bihar and Meghalaya and its corresponding benefits in terms of savings.   The study uses a framework to evaluate the impact of […]

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CERC Allows Adani Subsidiary Compensation For ‘Change of Law’ Events

The Central Electricity Regulatory Commission (CERC), in its latest judgement, allowed compensation to Mahoba Solar (UP) Private Limited MSUPL) a subsidiary of Adani Green. The central commission allowed the compensation on account of ‘change of law’ events.  These include the imposition of increased safeguard duty on the imports of solar cells and modules and the […]

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Falling Module Prices To Ensure Record Solar Capacity Addition in FY24- CRISIL

Ratings and research agency CRISIL has weighed in on the impact of falling solar module prices. A steady decline in the price of solar modules since October 2022 will boost the internal rate of return (IRR) of 45 GW of utility-scale solar project pipeline1 awarded since fiscal 2021. This, in turn, will propel solar capacity […]

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