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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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SECI Tenders 30 MW Rooftop Solar Systems in Andaman and Nicobar

Solar Energy Corporation of India (SECI) has invited bids to select solar power developers to set up 30 MW grid-connected rooftop solar power systems in Andaman and Nicobar Islands under the renewable energy service company (RESCO) mode. The last...

September 13, 2024

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Sumitomo Partners With AMPIN for Renewable Energy Projects in India

Japan-headquartered Sumitomo Corporation has entered India’s corporate Power Purchase Agreement (PPA) market through a joint venture with AMPIN Energy Transition. The partnership has led to the establishment of AMPIN C&I Power, a new...

September 13, 2024

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BPCL to Develop Green Hydrogen and Compressed Biogas Projects

Bharat Petroleum Corporation (BPCL) has announced joint ventures (JV) with Sembcorp Green Hydrogen India (SGHI) and Bengaluru-based GPS Renewables to develop green hydrogen and compressed biogas (CBG) projects, respectively. With Sembcorp, BPCL...

September 13, 2024

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Solarium Green Files Draft Red Herring Prospectus for IPO

Ahmedabad-based solar turnkey solutions provider Solarium Green Energy has submitted its Draft Red Herring Prospectus with BSE SME (Bombay Stock Exchange Small and Medium Enterprises) in preparation for an Initial Public Offering (IPO), which will...

September 13, 2024

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SECI Invites Bids to Develop 1 GW ISTS-Connected Solar Projects

Solar Energy Corporation of India (SECI) has invited bids to select developers to set up 1,000 MW of inter-state transmission system (ISTS)-connected solar power projects (Tranche XVIII). The last day to submit the bids is October 4, 2024. Bids will...

September 13, 2024

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PGCIL Bags Transmission Project to Evacuate 3 GW of Renewable Power

Power Grid Corporation of India (PGCIL) has been chosen by PFC Consulting to develop an interstate transmission system to expand the transformation capacity of the Jam Khambhaliya Power Station in Gujarat. This enhanced transmission infrastructure...

September 13, 2024

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Daily News Wrap-Up: NHPC’s 1.2 GW FDRE Auction Results

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)-connected renewable...

September 13, 2024

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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 wind power projects repowering regulations aimed to replace old wind turbines and optimize wind energy potential. The Tamil Nadu Repowering, Refurbishment & Life Extension Policy for Wind Power Projects,...

September 13, 2024

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