India approves multi-billion-dollar financing to support residential solar as well as battery manufacturing
India's government has actually agreed on a financing bundle that consists of INR45 billion (US$ 603 million) of financial investment over 5 years to support the domestic growth of high-efficiency PV modules.
Nov 13, 2020 // Markets & Finance News, Storage, India, Asia, tariff, solar modules, Rahul Walawalkar, Hitesh Doshi, high efficiency modules
CERC Approves Tariff for 480 MW Solar PV Projects
SECI's trading margin of Rs.0.07/ kWh has likewise been approved
Aug 6, 2020 // Plants, Large-Scale, Commercial, Tariffs, SECI, solar pv, tariff, DISCOM, CERC
Israeli national lottery game sustains roof PV program with $0.12/ kWh feed-in tariff
The incentive scheme awards a 23-year, $0.12/ kWh feed-in tariff to roof arrays with a generation ability of approximately 200 kW. Currently, 141 municipalities have actually applied to set up 116 MW of roof solar ability and also the federal government has actually raised the program's spending plan from $28.5 million to $143 million.
May 28, 2020 // Markets & Finance News, Tariffs, Rooftop PV, Asia, Israel, rooftop PV, tariff
SECI Gets CERC Approval to Sell 600 MW Solar Power to Haryana & Bihar at Rs 2.44/ kWh.
CERC has actually authorized the request submitted by SECI looking for authorization for marketing of 600 MW solar energy to Discoms in Haryana and also Bihar at a toll price of Rs 2.44/ kWh.
Feb 28, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Haryana, SECI, Asia, tariff, Solar Power, Bihar, CERC
Japan awards just 39.8MW in fifth solar auction
Japan has awarded just 39.8MW of PV capacity in its fifth solar auction, despite there being more than 416MW initially on offer.
Jan 28, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Japan, Asia, auction, tariff, METI
Chattisgarh Commission to set Generic Tariff for Solar Energy Projects
The Chattisgarh Commission has issued a draft order with the generic levelised tariffs for FY 2019-20 & 2020-21 for renewable energy sources like solar.
Jan 17, 2020 // Tariffs, India, Asia, tariff, Chattisgarh State Electricity Regulatory Commission, CSERC
German report makes recommendations for private PPA adoption in China
The German Energy Agency has drawn up a list of proposed measures which it says could help the world’s biggest solar market accelerate its clean energy plans through the adoption of subsidy-free – private – power purchase agreements.
Oct 15, 2019 // Markets & Finance News, Tariffs, Policy, PPAs, Germany, China, Europe, Asia, tariff, Dena, subsidy-free PPAs
India rebukes analyst claims it will miss clean energy targets
Expert warnings that India will be falling short of its renewable deployment targets have sparked a strong-worded rebuke from the government, which has slammed them as “ill-founded”
Oct 10, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Policy, India, Asia, auction, tariff, Vinay Rustagi, CRISIL, narendra modi, mnre
India to fall well short of 175 GW renewables target
A report by Indian ratings agency CRISIL points to a rising rate of tender failures, an inconsistent policy approach from central and state governments and restrictive solar energy tariff caps and says India could have just 104 GW of renewables capacity by 2022.
Oct 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, India, SECI, Asia, tariff, CRISIL
Maharashtra eyes tariff cap of around US$0.040/kWh for new PV tender
India’s Maharashtra state has launched a process to procure a major slice of grid-linked solar power, pushing for low prices in line with earlier tenders this year.
Aug 29, 2019 // Plants, Markets & Finance News, Grids, Tariffs, India, tender, Asia, tariff, prices, maharashtra, Vinay Rustagi
Ninth Circuit Strikes Down California ReMAT In Winding Creek Solar Case
On July 29, the Ninth Circuit Court of Appeals affirmed the lower court’s decision in Winding Creek Solar LLC v. Peterman et al., ruling that California’s feed-in tariff for small qualifying facilities (QFs), the Renewable Market Adjusting Tariff (ReMAT), violates the federal Public Utility Regulatory Policies Act (PURPA) (Ninth Circuit Case No. 17-17531).
Aug 9, 2019 // Plants, Tariffs, Policy, California, Winding Creek Solar LLC, Peterman, QFs, tariff, ReMAT, PURPA, Ninth Circuit, CPUC