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Pace, Hero, ACME, JSW Win SECI’s 1.2 GW Solar Plus Storage Auction

Pace Digitek, Hero Solar Energy (Hero Future Energies), ACME Solar Holdings, and JSW Neo Energy (JSW Energy) were declared winners in Solar Energy Corporation of India’s (SECI) auction to set up 1,200 MW Inter-State Transmission S...

July 16, 2024

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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

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Strengthening Domestic Manufacturing for India’s Renewable Energy Push

India is striving to boost domestic manufacturing for renewable energy projects and strengthen local supply chains to meet its clean energy targets. Initiatives such as production-linked incentive programs aim to promote local ind...

July 17, 2024

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Advancing Clean Energy Innovation with Next-Generation Technologies

The fourth edition of Mercom India’s flagship event, the Mercom India Renewables Summit, is scheduled for July 25 and 26, 2024, at the Hyatt Regency in New Delhi. Renewable energy technologies are rapidly evolving, fueled by advan...

July 17, 2024

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South Eastern Coalfields Invites Bids for 1.5 MW Floating Solar Project

South Eastern Coalfields (SECL) has issued a tender for a 1.5 MW grid-connected floating solar power project at the Sharda OC, Sohagpur, in Madhya Pradesh. The scope of work covers the project’s design, engineering, construction, fabrication,...

July 17, 2024

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ADB Approves $240 Million Loan to Finance Rooftop Solar in India

The Asian Development Bank (ADB) has approved loans of $240.5 million to finance rooftop solar systems in India. The financing will be provided to the State Bank of India (SBI) and the National Bank for Agriculture and Rural Development (NABARD) to...

July 17, 2024

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HPPCL Invites Bids for 8 MW Solar Project in Himachal Pradesh

Himachal Pradesh Power Corporation (HPPCL) has invited bids to commission an 8 MW solar power project at Bada Basot in Solan, Himachal Pradesh. The scope of work includes comprehensive operation and maintenance service for eight years. The last day...

July 17, 2024

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Daily News Wrap-Up: SECI’s 1.2 GW Solar Auction Winners Announced

Pace Digitek, Hero Solar Energy (Hero Future Energies), ACME Solar Holdings, and JSW Neo Energy (JSW Energy) were declared winners in Solar Energy Corporation of India’s (SECI) auction to set up 1,200 MW Inter-State Transmission System...

July 17, 2024

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Funding and M&A Roundup: Naked Energy Raises $22 Million

From: Mercom Capital Group Naked Energy, a provider of solar thermal and solar PVT solutions, secured £17 million (~$22.06 million) in a Series B funding round led by E.ON Energy Infrastructure Solutions (E.ON EIS), a provider of integrated,...

July 17, 2024

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Project Finance Brief: Emeren Group Sells 42 MW Solar Project Portfolio in Spain

From: Mercom Capital Group Emeren Group, a solar project developer, announced the sale of a 42 MW ready-to-build solar project portfolio in Spain to CVE España, part of CVE, a French independent power producer. The portfolio comprises eight...

July 17, 2024

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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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