Mercom Research Focus
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Adani Hybrid Energy Sold the Most Power in Green Day Ahead Market in Q4 2023

Green Day-Ahead Market (GDAM) has provided new opportunities for renewable energy generators and distribution companies (DISCOMs) to trade surplus power on exchanges. Power generators affected by long-delayed payments from DISCOMs...

June 18, 2024

Markets & Policy

Government Issues Operational Guidelines for PM Surya Ghar Program

The Ministry of New and Renewable Energy (MNRE) has issued the operational guidelines to implement the PM Surya Ghar: Muft Bijli Yojana for the component “Central Financial Assistance (CFA) to residential consumers.” T...

June 17, 2024

Other

Conducive Policies Key for Corporates to Adopt Renewable Energy in India: Interview

Substantial savings on energy bills and the clean energy transition goals have led to a growing number of commercial and industrial (C&I) entities in India adopting renewable energy sources for their electricity needs. Several...

June 11, 2024

Mercom Research Focus

Steep Generation Duty Hike Casts Shadow Over Kerala’s Rooftop Solar Program

The recent hike in electricity generation duty from ₹0.012 (~$0.00014)/kWh to ₹0.15 (~$0.0018)/kWh for rooftop solar systems in Kerala is threatening to disrupt the pace of renewable energy adoption in the state. The state expects...

June 10, 2024

Latest News

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Global Offshore Wind Capacity Rises by 10.8 GW in 2023, Up 24%: GWEC

Global offshore wind saw its second-highest capacity installations in 2023, according to a new report by the Global Wind Energy Council (GWEC). The industry added 10.8 GW of new capacity in 2023, up 24% from the previous year, bringing the global...

June 18, 2024

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Serentica Invites EoI for 800 MWh Standalone Battery Energy Storage

Renewable energy developer Serentica Renewables has invited expressions of interest (EoI) to set up interstate transmission system-connected Battery Energy Storage Systems (BESS) to supply 800 MWh of battery capacity to Serentica’s round-the-clock...

June 17, 2024

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SECI Invites Bids for 1.4 MW Solar Projects with Storage in Lakshadweep

Solar Energy Corporation of India (SECI) has invited bids to commission 1,385 kW of grid-connected solar power projects with 394 kW/1117 kWh of battery energy storage systems (BESS) in Lakshadweep under RESCO mode. The projects will be set up across...

June 17, 2024

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ITI Floats Tender for 200 MW Rooftop Solar Systems on Government Buildings

Indian Telephone Industries (ITI), a government of India undertaking, has floated a tender to empanel agencies to implement grid-connected rooftop solar power systems of a cumulative capacity of 200 MW on government buildings in Bihar. The scope of...

June 17, 2024

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

Juniper Green Energy, Asurarai Renewables (UPC Renewables), AMPIN Energy, Adyant Enersol (Datta Infra), JSW Energy, and Avaada Energy were declared winners in Solar Energy Corporation of India’s auction to develop 1,200 MW of interstate transmission...

June 17, 2024

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EU Slaps Additional Duties of Up to 38.1% on Chinese EVs

The European Commission has announced it will impose additional tariffs of up to 38.1% on Chinese Battery Electric Vehicles (BEV) from July on grounds that they were causing economic injury to European Union (EU) producers. As part of its ongoing...

June 17, 2024

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Onshore Wind and Utility-Scale Solar in the U.S. Have Lowest LCOE

A report by Lazard, an asset management and financial advisory company, found that the low ends of the Levelized Cost of Energy (LCOE) for renewable energy technologies in the U.S. have increased for the first time, driven by persistent cost...

June 17, 2024

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Juniper, UPC, AMPIN, Datta, JSW, Avaada Win SECI’s 1.2 GW Wind-Solar Auction

Juniper Green Energy, Asurarai Renewables (UPC Renewables), AMPIN Energy, Adyant Enersol (Datta Infra), JSW Energy, and Avaada Energy were declared winners in Solar Energy Corporation of India’s (SECI) auction to develop 1,200 MW of interstate...

June 14, 2024

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