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Essar, Juniper, Serentica, Hexa, Avaada Win NHPC’s 1.2 GW FDRE Auction

Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy are winners in NHPC’s auction to supply 1,200 MW of firm and dispatchable power from Interstate Transmission System (ISTS)-con...

September 12, 2024

Mercom Research Focus

Average Cost of Large-Scale Solar Projects Dropped by 26% YoY in Q2

The average cost of large-scale solar projects in India fell 2% quarter-over-quarter (QoQ) and 25.7% year-over-year (YoY) in the second quarter (Q2) of 2024. Since Q1 2023, large-scale solar project costs have dropped for six stra...

September 12, 2024

Mercom Research Focus

Renewable Capacity Growth Severely Hit by Power Transmission Delays

Power evacuation infrastructure growth in India has lagged behind the pace of power capacity additions due to unique challenges faced by transmission projects, with implementation delays running into several months and even years....

September 9, 2024

Mercom Research Focus

India’s Solar Cell and Module Imports Drop Sharply in Q2 2024

India imported solar cells and modules worth over $774.9 million (~₹64.6 billion) in the second quarter (Q2) of the calendar year 2024, down 16.4% year-over-year (YoY), according to data from the Department of Commerce. Solar modu...

September 10, 2024

Latest News

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APTEL Rejects Wind Developer’s Plea for Interim Relief in Tariff Dispute

The Appellate Tribunal for Electricity (APTEL) has rejected ReNew Naveen Urja’s petition for interim relief against the Central Electricity Regulatory Commission’s (CERC) order adopting the tariff for its wind project. ReNew Naveen Urja...

September 13, 2024

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SECI Invites Bids for 8 GWh Peak Power Supply from Renewable Projects

The Solar Energy Corporation of India (SECI) has invited bids from developers for the assured peak supply of 8,000 MWh (2000 MW x 4 hours) of renewable energy from inter-state transmission system (ISTS)-connected projects under tariff-based...

September 13, 2024

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Tamil Nadu Issues Wind Repowering and Refurbishment Policy

The Tamil Nadu government has announced the Tamil Nadu Repowering, Refurbishment & Life Extension Policy for Wind Power Projects, 2024, which aims to replace old wind turbines and optimize the wind energy potential. The policy seeks to increase...

September 13, 2024

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Punjab Invites Applications for 20,000 Solar Pumps Under KUSUM

Punjab Energy Development Authority (PEDA) has invited applications for the installation of 20,000 surface and submersible solar pumps under the PM-KUSUM program in 37 blocks. The last date to submit applications is September 30, 2024. Of the 20,000...

September 13, 2024

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Gensol-Matrix Consortium Selected to Develop Green Hydrogen Valley in Pune

A consortium of engineering and consulting firm Gensol Engineering and hydrogen infrastructure developer Matrix Gas & Renewables has been selected to set up India’s first Green Hydrogen Valley in Pune, Maharashtra, on a build-and-operate...

September 12, 2024

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South Western Railway Invites Bids for 63 MW Rooftop Solar Projects

The Hubli Division-Electrical of the South Western Railway has invited bids for grid-connected rooftop solar projects with a cumulative capacity of 62.99 MW at railway stations, residences, and level crossing gates. The last date to submit bids is...

September 12, 2024

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North Eastern Railway Invites Bids for 1.94 MW Rooftop Solar Systems

The North Eastern Railway has invited bids for installing grid-connected rooftop solar systems of a total capacity of 1.94 MW at railway stations, service buildings, residential quarters, and level crossings under Phase II in the Lucknow Division....

September 12, 2024

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Attractive Financing Options for C&I Rooftop Solar with Rates as Low as 7.5%

With a surge in rooftop solar interest among commercial and industrial (C&I) consumers, banks and other financial institutions are offering loans at interest rates as low as 7.5% to promote green energy adoption. Rooftop solar projects hold...

September 12, 2024

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Thermax Partners with Ceres to Develop Green Hydrogen Technology in India

Energy and environment solutions company Thermax has announced a strategic collaboration with Ceres Power to manufacture, sell, and service stack array modules (SAM) based on Ceres’ advanced solid oxide electrolysis cell technology. This...

September 12, 2024

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