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Home2020April

Month: April 2020

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Regulations

CSERC sets levelised tariffs for renewable energy projects

April 26, 2020

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued the final generic levellised tariff regulations for small-hydro, non-fossil fuel-based cogeneration, biomass, and solar projects in the state for fiscal years 2019-20 and 2020-21. The CSERC […]

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Regulations

Maharashtra to not levy grid support charges on rooftop solar

April 26, 2020

The MERC has approved the revised retail electricity tariffs for Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the fourth control period from financial year 2020-21 to 2024-25, focusing on mitigating the difficulties faced by […]

Projects

Uttar Pradesh invites bids for solar streetlights

April 24, 2020

The Uttar Pradesh Small Industries Corporation Limited has invited bids for the supply and installation of 400 lithium ferro phosphate battery solar streetlights for District Rural Development Agency (DRDA), Varanasi under the marketing assistance programme.Similarly, […]

Interviews

Interview with J.N. Swain: “We cannot say how long it will take to return to full scale”

April 20, 2020

The year 2020 has proved to be extremely challenging for all businesses including renewables due to the coronavirus outbreak and the subsequent lockdown. Projects will face delays as supply chains have been disrupted and imports […]

Finance

Monetary Moves: Deal activity in the wind power space continues despite Covid-19 crisis

April 20, 2020

The rapid global spread of Covid-19 has led to uncertainty in the wind power industry, with India being no exception. According to Wood Mackenzie, supply and labour disruptions due to the current lockdown in India […]

OFFSHORE WIND

Waiting to be Tapped: Floating offshore wind set to become mainstream in the global energy market

April 20, 2020

The floating offshore wind (FOW) segment holds the key to an inexhaustible wind resource waiting to be tapped across the globe. In Europe alone, about 80 per cent of the entire offshore wind resource is […]

IMPACT OF COVID-19 ON RENEWABLES

Damage Control: Government initiatives to help the sector on its long road to recovery

April 20, 2020

Six weeks of the nationwide lockdown necessitated by the coronavirus pandemic, and India’s economy is set to take a hit that could have significant ramifications for the country’s growth prospects. The World Bank expects India […]

Trends

No Ceiling: MNRE announces removal of tariff caps

April 20, 2020

In March 2020, the Ministry of New and Renewable Energy (MNRE) announced that upper ceiling tariffs will no longer be prescribed for future tenders. The ministry has directed tendering agencies such as the Solar Energy […]

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International News

AIIB grants $60 million loan for 500 MW solar project in Oman

April 20, 2020

The Asian Infrastructure Investment Bank has approved a $60 million loan to increase the renewable power generation capacity in Oman to help reduce the country’s dependence on gas and other fossil fuels for electricity generation. […]

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Regulations

Maharashtra open access consumers to pay additional surcharge

April 20, 2020

The Maharashtra Electricity Regulatory Commission (MERC) has announced various charges payable by open access consumers for financial years 2020-21 to 2024-25. MSEDCL has claimed that as many consumers are buying power under open access instead […]

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Regulations

Late payment surcharge for discoms reduced in Madhya Pradesh

April 20, 2020

The Madhya Pradesh Electricity Regulatory Commission has reduced the rate of current late payment surcharge (LPS) to be paid by state discoms to power generators and interstate transmission licensees by 0.5 per cent per month. […]

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Regulations

CERC defers real-time power market implementation

April 20, 2020

The CERC has decided to defer implementing the real-time power market until June 1, 2020 in light of the Covid-19 outbreak. The CERC amended three regulations – the Indian Electricity Grid Code Regulations, Power Market […]

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Regulations

CERC proposes new forbearance price and removal of floor prices for RECs

April 20, 2020

The CERC has issued a proposal for establishing forbearance and floor prices for renewable energy certificates (RECs). Market scenarios prevailing in different states have been considered to determine the non-solar REC forbearance price and floor […]

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Regulations

CERC extends validity of existing renewable energy tariffs until June 30, 2020

April 20, 2020

The Central Electricity Regulatory Commission (CERC) has extended the applicability of the Renewable Energy Tariff Regulations, 2017, for three months from April 1, 2020 to June 30, 2020. The CERC has further noted that the […]

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Policies and Programmes

MNRE issues guidelines for installation of innovative solar pump technologies under KUSUM

April 20, 2020

The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for the installation of innovative stand-alone solar pumps and has invited comments and suggestions from stakeholders. As per the draft guidelines, the ministry […]

Interviews

Sunny Homes: Tapping the large addressable residential solar market in India

April 19, 2020

By Shaili Yadav, Business Head, HomeScape India is marching towards accomplishing the ambitious target of achieving 100 GW of solar capacity by 2022. Of this, 40 GW is to come through distributed solar or the […]

OFFSHORE WIND

Offshore Wind Hurdles: High initial costs may hamper development

April 19, 2020

In June 2018, the Ministry of New and Renewable Energy (MNRE) announced its offshore wind energy targets of 5 GW by 2022 and 30 GW by 2030. This announcement was made after the first-ever invite […]

IMPACT OF COVID-19 ON RENEWABLES

Solar Eclipse: Covid-19 casts a shadow across the the industry

April 19, 2020

As the world grapples with the coronavirus pandemic, industries worldwide are shutting down operations due to lockdowns announced to contain the virus. Solar power plants, although classified under essential services, are also bearing the brunt […]

Trends

A Silver Lining: Ongoing oil price war could be a turning point for clean energy transition

April 19, 2020

The entire world is in the grip of the coronavirus pandemic, which has spread to 212 countries affecting 1.4 million worldwide as of April 9, 2020. This is a once-in-a-century crisis, which has forced the […]

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International News

Acciona to build 1,026 MW wind farm in Queensland

April 19, 2020

Acciona is set to build a wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1,026 MW. The project will boost the Queensland government’s decarbonisation strategy, mobilising total investments of […]

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