ppas

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GUVNL to Procure Power at ₹2.81/kWh from O2 Power’s 200 MW Solar Projects

The Gujarat Electricity Regulatory Commission (GERC) has, in a recent order, adopted the tariff of ₹2.81 ($0.033)/kWh quoted by TEQ Green Power, a subsidiary of O2 Power,...

April 3, 2024

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Staff

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Markets & Policy

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Solar
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Corporate Buying of Clean Energy Increased 12% in 2023: BNEF

Corporations announced a record 46 GW of solar and wind contracts in 2023, with a 12% year-over-year (YoY) increase from 41 GW in 2022, according to Bloomberg New Energy...

February 19, 2024

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Staff

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Other

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Renewable Energy
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MNRE Reiterates Penalties for Flouting Domestic Solar Module Requirement Norms

The Ministry of New and Renewable Energy (MNRE) has reiterated that action will be taken against entities for violation of the domestic content requirement (DCR)...

October 17, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Insurance Coverage Gains Prominence as Wind-Solar Hybrid Projects Take Centerstage

Wind-solar hybrid projects are a practical solution to tackle the intermittency issues of standalone wind and solar energy sources and are poised to play a critical role...

October 12, 2023

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Rakesh Ranjan

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Markets & Policy

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Other
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Daily News Wrap-Up: India’s Peak Power Demand to Spike Over 256 GW in FY 2024-25

The Central Electricity Authority (CEA) has forecast an all-India peak power demand of 256.53 GW in financial year (FY) 2024-25, rising sharply from FY 2023-24. Power...

September 26, 2023

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Mercom Staff

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Daily Wrap-up
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Rajasthan Regulator Allows Five-Year Extension on Expired PPAs for Wind Projects

The Rajasthan Electricity Regulatory Commission (RERC), in a recent order, granted approval to Rajasthan Urja Vikas Nigam (RUVNL) to extend the power purchase agreements...

September 25, 2023

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Rakesh Ranjan

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Other

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Wind
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DISCOMs Can Requisition Power from Common Pool After the Expiry of PPA

The Ministry of Power (MoP) has said distribution companies (DISCOMs) can procure power from the common pool after the expiry of the power purchase agreement (PPA), as...

September 13, 2023

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Rakesh Ranjan

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Markets & Policy

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Other Energy
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Gujarat Regulator Approves Tariffs for 1.2 GW Projects at Khavda Solar Park

The Gujarat Electricity Regulatory Commission (GERC) recently approved the tariffs discovered through a competitive bidding process conducted by the Gujarat Urja Vikas...

August 4, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Boralex Acquires 50% Stake in Five Wind Farms with 894 MW Capacity

Renewable energy company Boralex has completed the acquisition of EDF Renewables’ interest in five operating wind farms located in Texas and New Mexico, amounting to 894...

January 2, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind
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Uniform Solar Tariff Plan Expected to Expedite Power Purchase Agreements

(The article has been modified based on new information) The proposed system for a ‘Uniform Solar Tariff’ under a central pool (ISTS-connected projects) is aimed at...

November 7, 2022

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Sumit Jha

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Mercom Research Focus

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Solar
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Maharashtra DISCOM Gets Regulatory Approval to Procure 111 MW of Solar Power

The Maharashtra Electricity Regulatory Commission (MERC) recently approved the procurement of 111 MW of power from grid-connected solar projects under the ‘...

December 6, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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Development of Solar Parks Crucial to Meet the Target of 300 GW by 2030

India added 2,488 MW of solar capacity in the second quarter (Q2) of the calendar year (CY) 2021, an increase of 19% quarter-over-quarter (QoQ) compared to 2,090...

October 27, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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First Phase of Market-Based Economic Dispatch of Power to Start from April 2022

The Ministry of Power (MoP) has released the framework for implementing the Market-Based Economic Dispatch (MBED) – Phase 1 program to reduce consumers’ power...

October 8, 2021

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Harsh Shukla

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Grid

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Utilities
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Punjab Electricity Regulator Holds Solar Power Curtailment Unjustifiable

The Punjab State Electricity Regulatory Commission (PSERC) has held the curtailment of power generated by seven solar project developers in 2020 unjustifiable. It...

September 27, 2021

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Harsh Shukla

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Markets & Policy

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Solar
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Andhra High Court’s Order to Quash the 6.4 GW Solar Tender Suspended

The larger bench headed by the Chief Justice of the High Court of Andhra Pradesh has suspended the earlier order passed by the single-judge bench quashing the request...

July 21, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions

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