Mercom Research Focus
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O2 Power, Continuum and CleanMax: Top Open Access Developers in 2023

O2 Power, Continuum Green Energy, CleanMax Enviro Energy, Fourth Partner Energy, and AmpIn Energy Transition were the top solar open access developers in the calendar year (CY) 2023, according to Mercom’s India Solar Market ...

May 17, 2024

Mercom Research Focus

Goodluck, Arctech, GameChange Solar: Top Module Mounting Firms in 2023

Goodluck India, Arctech, and GameChange Solar were the top three module mounting structure suppliers to the Indian solar market in the calendar year (CY) 2023. Raydean Industries and Strolar Mounting Systems rounded off the top fi...

May 16, 2024

Markets & Policy

US Brings Back Tariffs on Imported Bifacial Solar Modules

The U.S. has announced it will bring back bifacial solar modules under Section 201 tariffs as the country clamps down on cheap clean energy technology entering its shores from China. The exclusion for bifacial modules, widely used...

May 17, 2024

Other

Virtual Meet to Drive Clean Energy Use in Jharkhand, Chhattisgarh, Madhya Pradesh

After the resounding success of in-person multi-city C&I Clean Energy Meets across India, Mercom India is holding its first virtual C&I Clean Energy Meet. This exclusive virtual event is tailored to address the pressing ne...

May 17, 2024

Latest News

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South Central Railway Invites Bids for 1.78 MW Rooftop Solar Projects

The Secunderabad Division, Electrical, South Central Railway, has issued a tender for 1.782 MW of rooftop solar projects of different capacities at station buildings, service buildings, residential buildings, and level crossing gates. The last date...

May 20, 2024

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Mobility Solutions Firm Matel Aims for Growth with $4M Funding

Pune-based mobility and energy solutions provider Matel has secured $4 million in Series A financing, spearheaded by Transition VC. Gruhas and Haresh Abichandani, founder of Millenium Semiconductors, also participated in the round. Established in...

May 20, 2024

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NHPC Floats EPC Tender for 200 MW Solar Project in Gujarat

NHPC has invited bids for the engineering, procurement, and construction (EPC) package of a 200 MW grid-connected solar power project to be set up in Gujarat State Electricity Corporation (GSECL)’s renewable energy park at Khavda (GSECL Stage-3)....

May 20, 2024

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Travancore Cochin Chemicals Invites Bids for 22 MW Renewable Energy Project

The Travancore Cochin Chemicals (TCC) has invited bids from developers to set up a 22 MW renewable energy project, which will be implemented in a group captive model. The last date for the submission of bids is June 19, 2024. Bids will be opened the...

May 20, 2024

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Daily News Wrap-Up: NTPC Floats EPC Tender for 225 MW Solar Projects

NTPC Renewable Energy has invited bids for the engineering, procurement, and construction package for 225 MW of grid-connected solar power projects to be set up in Gujarat State Electricity Corporation (GSECL)’s renewable energy park at Khavda...

May 20, 2024

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Solar Financing Firm Aerem Acquires Distributor Spinkaft Ventures

Aerem, an Indian solar financing firm, has acquired solar equipment distributor Spinkraft Ventures to create a platform spanning the entire solar energy value chain. The company did not disclose details about the cost of the acquisition. Founded in...

May 20, 2024

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NTPC Renewable Energy Floats EPC Tender for 225 MW Solar Projects in Gujarat

NTPC Renewable Energy has invited bids for the engineering, procurement, and construction (EPC) package for 225 MW of grid-connected solar power projects to be set up in Gujarat State Electricity Corporation (GSECL)’s renewable energy park at Khavda...

May 17, 2024

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Emmvee, Vikram, ReNew Win NTPC REL’s 1.58 GW DCR Solar Modules Auction

Emmvee Photovoltaic Power, Vikram Solar, and ReNew were declared winners in NTPC Renewable Energy’s (NTPC REL) auction to supply 1.58 GW of crystalline solar bifacial modules with a minimum wattage output of 540 Wp for 1,255 MW projects at the...

May 17, 2024

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ADB Approves $148 Million Loan for Modernization of Sikkim’s Power Distribution

The Asian Development Bank (ADB) has approved a $148.5 million loan to enhance, upgrade, and climate-proof the electricity distribution system in Sikkim and improve the power supply’s reliability, quality, and resilience. The project aims to...

May 17, 2024

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Mahindra & Mahindra Commits ₹120 Billion to EV Expansion by FY 2027

Automobile manufacturer Mahindra & Mahindra plans to invest ₹120 billion (~$1.43 billion) in its electric vehicle (EV) unit, Mahindra Electric Automobile (MEAL), over the next three years up to March 31, 2027. In a stock exchange filing, the...

May 17, 2024

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