LATEST HEADLINES
Month in a Minute: Top Headlines from the Indian Renewable Sector in November 2023
Dec 5, 2023
Chemicals Manufacturer Sadhana Nitro Chem to Set Up Green Hydrogen Facility
Dec 5, 2023
ADB Approves $200 Million Loan to Enhance Power System Efficiency in Uttarakhand
Dec 5, 2023
Western Railways Floats Tender for 1.3 MW Rooftop Solar Projects
Dec 5, 2023
Green Energy Trade at IEX Continues to Dip, 189 MU Traded in November
Dec 5, 2023
India installed over 1.3 GW of rooftop solar capacity in the first nine months (9M) of the calendar year (CY) 2023, an increase of 12% year-over-year (YoY), according to Mercom India Research’s newly released Q3 2023 Mercom ...
November 30, 2023
Mercom Research Focus
Investments in Indian Solar Sector Drops 22% YoY in Q3Investments in the Indian solar sector in the third quarter (Q3) of the calendar year (CY) 2023 totaled $1.57 billion (~₹129.86 billion), a 22% year-over-year (YoY) decrease from $2.02 billion (~₹166.29 billion). The figures were ...
December 5, 2023
Other
India Says No to Pledge to Triple Renewables and Phase Down Coal at COP28India has not endorsed a pledge signed by over 118 countries at the ongoing COP28 summit in Dubai to triple renewable energy capacity by 2030, as doing so would have meant committing to a deal on phasing down coal. India’s stance ...
December 5, 2023
Other
Adani, BHEL, JSW, L&T Among Bidders for Green Hydrogen, Electrolyzer ManufacturingThe Solar Energy Corporation of India’s (SECI) tenders to set up 450,000 metric tons (MT)/annum production facilities for green hydrogen and 1.5 GW of electrolyzer manufacturing capacities across India has received an overwhelming...
December 4, 2023
Trending News
November 27, 2023
November 22, 2023
Tender & Auctions
Western Railways Floats Tender for 1.3 MW Rooftop Solar Projects
December 1, 2023
Mercom Insights
Investments in Indian Solar Sector Drops 22% YoY in Q3
December 4, 2023
November 30, 2023
November 30, 2023
November 27, 2023
November 23, 2023
Market & Policy
MERC Approves ₹491.2 Million Compensation for Tata Power for GST Hike
December 1, 2023
November 30, 2023
November 27, 2023
Grid
EU Proposes Action Plan for Faster Rollout of Electricity Grids
November 27, 2023
November 22, 2023
Energy Storage
Fluence Energy Records First-Time Profits as Net Income Surges 91.4% in Q4
December 1, 2023
Wind
SECI Invites Bids for 1.35 GW of ISTS Wind Projects with Greenshoe Option
November 27, 2023
November 22, 2023
November 20, 2023
Latest News
Here is a recap of important headlines from November 2023: In the first nine months of 2023, India has installed 5.6 GW of solar power capacity, marking a ~47% year-over-year (YoY) decrease from 10.5 GW. The utility-scale solar project installations...
December 5, 2023
Specialty chemicals manufacturer Sadhana Nitro Chem will set up a green hydrogen facility based on a solar and wind project with a 15-20 MW capacity, primarily for captive use. To fund the solar and wind projects, the company is planning rights...
December 5, 2023
The Asian Development Bank (ADB) has granted a $200 million loan to enhance the quality, efficiency, and dependability of Uttarakhand’s electricity supply and help the state’s residents transition to the use of clean energy sources. With the...
December 5, 2023
The Bhavnagar Division of Western Railways has invited bids to set up 1.3 MW rooftop solar power projects with a net metering facility. The scope of work includes designing, supplying, erecting, testing, and commissioning projects with a minimum 10...
December 5, 2023
The Indian Energy Exchange (IEX) traded 189 million units (MU) of green energy during November 2023, a 46.61% year-over-year (YoY) drop from 354 MU. Green energy trade has continued to slide throughout 2023, given the considerable drop in renewable...
December 5, 2023
Adani Green Energy (AGEL) announced a follow-on funding of a $1.36 billion senior debt facility as part of its construction financing framework, enhancing the pool to $3 billion since the initial project financing. The financing will be a key...
December 5, 2023
Solar Energy Corporation of India has invited bids for manufacturing, testing, packing, forwarding, supplying, and transporting 400 MW domestically manufactured solar modules. The cells used in these modules must be manufactured in India. The last...
December 5, 2023
The Department of Science & Technology (DST) has invited proposals to upgrade lab-scale technologies, which are at technology readiness levels (TRL) 3-4, to reach prototypes (TRL 5) and pilot plants (TRL 6) for establishing a complete hydrogen...
December 4, 2023
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