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Ministry Of Power Contests Fears Of 90K crore Discom Losses in FY 21

The Ministry of power (MoP) challenges the concerns of 90K Crore Discom Losses Fy21. The Distribution Sector in India is termed as the most important, but also the weakest link in the Power Sector value chain. However, the Sector is also witnessing tell-tale signs of improvement in performance and increase in efficiencies due to a […]

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UP Regulator Eases Power Procurement From Exchanges For Industry

The Uttar Pradesh Electricity Regulatory Commission, in its recent tariff order dated 29th July 21 for the financial year 2022 has made some key changes that could have a positive impact on the industry as well as renewable energy projects in the state. The regulator announced a reduction of up to 64 paise per unit […]

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4 Days to Aug 22 Deadline for Feedback on Rooftop Solar Guidelines

The revised deadline for feedback on rooftop solar systems is August 22. The MNRE has shared a detailed feedback document for stakeholders to share their feedback. As readers are aware, India has performed quite poorly on its rooftop solar segment. From a target of 40 GW out of the 100 GW of solar capacity that […]

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APTEL Sets Aside KERC Order, Restores Benefit To Solar Developer

The Appellate Tribunal for Electricity (APTEL) has ruled in favour of a small solar power developer, Hunsankodilli Solar Power Project LL.P (developer) that has set up a 3 MW solar plant in Karnataka. The ruling follows a similar one declared early in August where the apex authority had taken a similar view. The developer had […]

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California Goes With Rule for Solar and Battery Storage on New Buildings

The California Energy Commission (CEC) has adopted the 2022 Building Energy Efficiency Standards (Energy Code) for newly constructed and renovated buildings that say the new buildings need to be equipped with solar and battery storage for clean energy goals. As the state’s primary energy policy and planning agency, the CEC adopts standards every three years […]

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Canadian Solar Reports $1.43 Billion Revenues in Q2 FY21, a 105% YoY Increase

Canadian Solar Inc. has announced its financial results for Q2 FY21 with strong revenues of $1.43 billion. The firm reports that net revenue in the Q2 FY21 grew by 105% YoY and 31% QoQ to $1.43 billion. The sequential improvement was driven by an increase in module shipments and average selling price (ASP), growth in […]

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Bangladesh Invites Bids for 68 MW Solar Project in Sirajganj Region

The Bangladesh-China Renewable Energy Company (BCRECL) has invited bids for the engineering, procurement, and construction (EPC) of a 68 MW solar energy project on a turnkey basis in Sirajganj, Bangladesh, including the construction of a 15 km 132 kV double circuit transmission line with a substation bay. BCRECL is a joint venture between the North-West […]

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SJVN Wins Bihar’s 200 MW Solar Project Auction Worth Rs. 1,000 Crore

A joint venture of Govt. of India & Govt. of Himachal Pradesh, SJVN on Saturday announced winning the auction for 200 MW of Grid-Connected Solar Project of Rs, 1,000 crores in Bihar. According to SJCN’s Chairman Mr. Nand Lal Sharma, SJVN Ltd got the project through Open Competitive Tariff Bidding Process for quoted capacity of […]

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