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Shortage of India-made Solar Modules Hits Projects with DCR Mandate

India’s ambitious push for solar energy is facing a significant hurdle: a shortage of domestically produced solar modules. Subsidy-supported residential rooftop solar projects are facing a shortage of locally-made solar cell...

July 11, 2024

Solar

JSW, Juniper, BrightNight, Avaada Win MSEDCL’s 500 MW Wind-Solar Hybrid Auction

JSW Neo Energy (JSW Energy), Juniper Green Energy, BN Peak Power-1 (BrightNight), and Avaada Energy have won Maharashtra State Electricity Distribution Company’s (MSEDCL) auction to supply 500 MW of wind-solar hybrid power on a lo...

July 10, 2024

Other

Mercom Renewables Summit Returns for its Fourth Edition in July 2024

Mercom India’s fourth edition of its flagship event, the Mercom India Renewables Summit, will be held on July 25 and 26, 2024, at the Hyatt Regency in New Delhi. The Summit is a significant event in India’s renewable e...

July 16, 2024

Markets & Policy

MERC Approves MSEDCL’s Bid to Procure 5 GW Solar and 1.6 GW Thermal Power

Maharashtra Electricity Regulatory Commission (MERC) has approved Maharashtra State Electricity Distribution Company’s (MSEDCL) petition to procure 5,000 MW of solar and 1,600 MW of thermal power. The Commission directed MSE...

July 16, 2024

Latest News

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RERC Approves Tariff for 1,000 MW Solar Projects in Rajasthan

The Rajasthan Electricity Regulatory Commission (RERC) has approved the procurement of 1,000 MW of solar power by Rajasthan Urja Vikas & IT Service (RUVITL) from seven developers. The decision, aimed at meeting the state’s renewable energy...

July 16, 2024

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BluSmart Raises ₹2 Billion to Expand EV Charging Network

Electric vehicle (EV) ride-hailing service and charging network firm BluSmart has raised ₹2 billion ($24 million) in a pre-series B funding round. Along with existing investors and BluSmart founders, the new investors were responsAbility, Sumant...

July 16, 2024

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EESL Invites Bids for 2 GW Single Phase Solar Inverters Across India

Energy Efficiency Services (EESL) has issued a tender inviting bids for an annual contract to supply 2,000 MW of single-phase solar inverters across India. The last date for the submission of bids is August 5, 2024. Bidders must submit ₹25,000...

July 16, 2024

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Jupiter Secures ₹3 Billion from ValueQuest for Solar Cell and Module Plant

Jupiter International, a manufacturer of photovoltaic solar cells and provider of solar power solutions in India, has received an investment of ₹3 billion (~$35.89 million) from ValueQuest S.C.A.L.E. private equity fund. Jupiter aims to establish a...

July 16, 2024

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Unlocking Opportunities in India’s Clean Energy Transition

As India’s economy expands, its energy demand will multiply over the next decade. To meet this demand, India must provide affordable and reliable energy while reducing dependence on fossil fuels and minimizing environmental and health costs....

July 16, 2024

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KREDL Invites Bids for 100 MW Solar Project with 50 MW/130 MWh Battery Storage

Karnataka Renewable Energy Development (KREDL) has invited bids to select a developer to commission a 100 MW grid-connected ground-mounted solar project and a 50 MW/130 MWh battery energy storage system in Kalaburagi District. The estimated project...

July 16, 2024

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Himachal Pradesh Commission Approves PPA for 1 MW Solar Project

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has approved the power purchase agreement (PPA) signed between the HP State Electricity Board (HPSEBL) and the 1 MW Ganpati Solar Power Project in Kangra District. The Commission said...

July 16, 2024

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Daily News Wrap-Up: SJVN Invites Bids for 1.2 MW Wind-Solar Hybrid Projects

SJVN has invited bids to select developers to set up 1,200 MW of Interstate Transmission System (ISTS)-connected wind-solar hybrid power projects in India. The last date for submitting bids is August 28, 2024. Bids will be opened on August 30....

July 16, 2024

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