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Residential segment leads the way for rooftop solar sector growth
In calendar year 2023, the residential market continued to show signs of healthy growth with estimated capacity addition up almost 50% y-o-y at 1,085 MW. Total rooftop solar capacity addition, though,...
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US tariff move – a limited window of opportunity for Indian manufacturers
On April 24, 2024, the American Alliance for Solar Manufacturing Trade Committee filed a petition with the US International Trade Commission and Department of Commerce, requesting imposition of...
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ISTS OA – GNA regulation solves issues but implementation concerns remain
The Central Electricity Regulatory Commission (CERC) fully operationalised the General Network Access (GNA) and Inter-State Transmission System (ISTS) Connectivity regulations in October 2022,...
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ALMM reinstatement spurts record quarterly sector growth
India’s solar capacity addition in Q1 2024 grew 341% y-o-y to a record high of 7,918 MW, marking the highest ever capacity addition in a single quarter. Utility scale and open access (OA) projects...
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Tightrope walk for power regulators: Balancing discom health and consumer...
Retail tariff orders issued by state electricity regulators for this fiscal versus increasing power purchase cost is the big conundrum before distribution companies (discoms). Tariff orders are issued...
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Consensus eludes on banking provision in green open access push
The issue of the Green Energy Open Access (GEOA) rules by the central government in fiscal 2022 marked a watershed moment from a policy perspective for open access (OA) consumers. However, as of June...
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Energy storage ecosystem key to unlocking clean energy potential
Energy storage systems (ESS) are vital for deepening renewable energy integration and enhancing grid stability. This month, a bid of Rs 44.7 lakh per megawatt (MW) per year was discovered for battery...
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Merchant power, new avenue for renewable energy
The emergence of merchant projects has added a new dimension to the renewable energy market as these offer developers flexibility in navigating the dynamics without long-term commitment. To be sure,...
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Implementation of resource adequacy policy by all states key to tackle surge...
Prompt implementation of the Resource Adequacy Framework guidelines issued by the Ministry of Power in 2023 by all states is crucial for improving planning and resource management in the power sector....
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Budget gives a leg-up to clean energy
The full Union Budget for this fiscal has provided a much-needed impetus to the clean-energy sector through direct capital support, lower taxation on inputs and policy initiatives for segments that...
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Hybrids powering the renewables ride
Supply chain stability helps; infrastructure availability and storage costs the main influencers this fiscal India’s renewable energy sector has seen remarkable growth, driven by the government’s...
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Solar flare up
Module prices crater as supply eclipses demand Up till the middle of 2023, solar module manufacturers were in a race to expand capacity, buoyed by sunny projections of demand. Then, module prices...
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Mineral security critical to power growth
Demand for batteries is on the rise due to their widespread application in electronics, electric vehicles, renewable energy integration, data centres and many other sectors. Lithium-ion based...
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RE states levying “resource tax”, making it harder on peers
India’s ambitious energy quest risks stumbling on the additional charges being levied by key states on generation of electricity from renewable sources. Rajasthan was the first to impose such a levy,...
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Solar glass beaming bright
New players, capacity expansion boost market in India India’s solar glass market is heating up as recent policy changes, aimed at bolstering domestic production, encourage multiple players to enter...
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The PSP boost to renewable energy
Regulatory clarity on long-duration power storage augurs well for the sector India’s rapid transition to renewable energy has made energy storage a crucial component for grid stability and integration...
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Not captivating enough
Captive power plants (CPPs) are established alternative to the national grid for domestic industries looking to optimise costs and ensure continuous supply. Between fiscals 2019 and 2023, while...
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Giving solar cells the ALMM boost
The draft amendment to the Approved List of Models and Manufacturers (ALMM) Order issued by the Ministry of New and Renewable Energy (MNRE) will help boost domestic manufacturing of solar photovoltaic...
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Powering RE with flexibility
Renewable energy (RE) procurement has advanced from pure solar and wind to hybrids and now Firm and Dispatchable RE (FDRE), which combines solar and wind energy sources with energy storage, enabling...
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RE auctions losing steam
Tendering and allocation of renewable energy (RE) projects have slowed down this fiscal, indicating a possible loss of momentum in commissioning next fiscal. After an impressive show last fiscal, when...
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