Mercom Research Focus
thumbnail
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

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

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

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

Latest News

thumbnail
Project Finance Brief: Green Genius Secures $94 Million Financing for Solar Projects

From: Mercom Capital Group Green Genius, a renewable energy company, has secured €87 million (~$94 million) in debt financing for the construction of a 121 MW solar project in Jekabpils, Central East of Latvia. The company received funding from two...

June 19, 2024

thumbnail
NTPC REL Tenders BoS Package of 1 GW Wind Project in Karnataka

NTPC Renewable Energy has invited bids for a Balance of System (BoS) package for a 1 GW interstate transmission system (ISTS)-connected wind energy project in the Davangere region, Karnataka (Tranche-IV). The last date for the submission of bids is...

June 18, 2024

thumbnail
NTPC Invites Bids for Vanadium Redox Flow Battery Storage System

NTPC has invited bids for the supply, installation, commissioning, and integration of a 600 kW/3000 kWh Vanadium Redox Flow Battery (VRFB) storage system at the NTPC Energy Technology Research Alliance (NETRA) facility in Greater Noida. Unlike...

June 18, 2024

thumbnail
NTPC Renewable Energy Invites Bids for BoS Package of 1 GW Wind Project

NTPC Renewable Energy has invited bids for a balance of system (BoS) package for a 1,000 MW ISTS-connected wind energy project in the Bellary region, Karnataka (Tranche-V). The last date for the submission of bids is July 16, 2024. Bids will be...

June 18, 2024

thumbnail
Vikram Solar Wins Module Supply Order for NLC India’s Khavda Solar Project

Solar module manufacturer Vikram Solar has secured a 393.9 MW supply order from NLC India for its Khavda Solar Project in Gujarat. NLC had invited bids for the supply order earlier this year. It had said that the company reserves the right to ask...

June 18, 2024

thumbnail
IFC Invests $105 Million in Brookfield’s 500 MW Solar Project in Rajasthan

The International Finance Corporation (IFC) will partially finance a 550 MW solar power project being developed by Brookfield Asset Management in Bikaner, Rajasthan, with a $105 million investment. The investment will be through long-term...

June 18, 2024

thumbnail
NVVN Invites Bids for Rooftop Solar Systems in Andaman & Nicobar Islands

NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC, has invited bids to select channel partners for installing grid-connected rooftop solar power systems under PM Surya Ghar Muft Bijli Yojana in the Andaman and Nicobar Islands. The last...

June 18, 2024

thumbnail
Daily News Wrap-Up: Government Issues 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”. These guidelines...

June 18, 2024

thumbnail
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

MORE NEWS