LATEST HEADLINES
Haryana Awards Contracts for 17,458 Solar Water Pumps Under PM KUSUM
Nov 8, 2024
CEA Supports Withdrawing Intraday Contracts from Power Exchanges
Nov 8, 2024
Mahanagar Gas, IBC to Build ₹2.3 Billion Li-ion Cell Gigafactory in Bengaluru
Nov 8, 2024
Karnataka Proposes 43.33% Renewable Energy Target by 2029-30
Nov 8, 2024
ACME Solar Holdings’ IPO Oversubscribed Nearly 3 Times
Nov 8, 2024
Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy are winners in NTPC’s auction to supply 1,200 MW of firm and dispatchable power with assured peak power supply from interstate transmission system (ISTS)-connected ren...
November 8, 2024
Mercom Research Focus
Companies Dominating the Indian Solar Market in 1H CY 2024The latest Mercom India Solar Market Leaderboard for 1H 2024 showcases the leading companies dominating the solar sector in the first half (1H) of the calendar year (CY) 2024. The report covers market share rankings and provides a...
November 5, 2024
Mercom Research Focus
India’s Solar Power Generation in Q3 2024 Hit 32 BU, up 17.9% YoYIn the third quarter (Q3) of the calendar year 2024, solar power generation in India was approximately 32 billion units (BU), up 17.9% year-over-year (YoY). The country’s solar energy generation has steadily increased over t...
November 8, 2024
Renewable Energy
India’s Clean Energy Sector Sees IPO Boom, More Set for 2025It’s been a busy year for IPOs in the clean energy sector in India. Two leading renewable energy companies—Premier Energies and Waaree Energies—raised about $850 million in their initial public offerings this year. Electric vehicl...
November 5, 2024
LATEST HEADLINES
Haryana Awards Contracts for 17,458 Solar Water Pumps Under PM KUSUM
Nov 8, 2024
CEA Supports Withdrawing Intraday Contracts from Power Exchanges
Nov 8, 2024
Mahanagar Gas, IBC to Build ₹2.3 Billion Li-ion Cell Gigafactory in Bengaluru
Nov 8, 2024
Karnataka Proposes 43.33% Renewable Energy Target by 2029-30
Nov 8, 2024
ACME Solar Holdings’ IPO Oversubscribed Nearly 3 Times
Nov 8, 2024
Trending News
October 17, 2024
Tender & Auctions
Hexa Climate, ACME Solar, Avaada Energy Win NTPC’s 1.2 GW FDRE Auction
November 7, 2024
Mercom Insights
India’s Solar Power Generation in Q3 2024 Hit 32 BU, up 17.9% YoY
November 5, 2024
October 25, 2024
October 23, 2024
Grid
Karnataka Proposes 43.33% Renewable Energy Target by 2029-30
November 6, 2024
Energy Storage
Mahanagar Gas, IBC to Build ₹2.3 Billion Li-ion Cell Gigafactory in Bengaluru
November 7, 2024
Latest News
Haryana Renewable Energy Development Agency (HAREDA) has awarded contracts to supply, install, and commission 17,458 solar water pumping systems under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) Program....
November 8, 2024
The Central Electricity Authority (CEA) has responded to the Central Electricity Regulatory Commission’s (CERC) draft order, which addresses concerns related to price discovery mechanisms, market liquidity, and contract structuring in the...
November 8, 2024
Natural gas company Mahanagar Gas (MGL) will invest ₹2.3 billion (~$27.2 million) in IBC India to establish a gigafactory in Bengaluru to manufacture prismatic NMC Li-ion cells, which have extensive applications across the mobility and battery...
November 8, 2024
The Karnataka Electricity Regulatory Commission (KERC) has proposed new renewable energy targets for the state, aiming to reach 43.33% of total energy consumption from renewable sources by 2029-30. In a draft notification, KERC outlined a...
November 8, 2024
Solar energy company ACME Solar Holdings’ ₹29 billion (~$344.85 million) initial public offering (IPO) received tepid interest from investors. At the end of the bidding window on November 8, 2024, the issue was oversubscribed 2.75 times. The price...
November 8, 2024
Battery manufacturer Amara Raja Energy & Mobility has recorded a revenue of ₹32.51 billion (~$385.32 million) in the second quarter (Q2) of the financial year (FY) 2025, up 9.8% year-over-year (YoY) from ₹29.6 billion (~$350.83 million). The...
November 8, 2024
Convergence Energy Services (CESL), an energy solutions provider and a wholly-owned subsidiary of Energy Efficiency Services (EESL), has invited bids for the procurement and supply of 1,800 cargo electric cycles across four states over three years....
November 8, 2024
Rajasthan Rajya Vidyut Utpadan Nigam (RRUVNL) has invited bids to set up 500 MW/1,000 MWh standalone Battery Energy Storage Systems (BESS) with a greenshoe option of 500 MW/1000 MWh. The BESS project will be eligible for viability gap funding (VGF)...
November 8, 2024
Rajasthan Renewable Energy Corporation (RREC) has invited bids to empanel developers to commission 282 MW of grid-connected rooftop solar projects on government buildings in the state. The project must be commissioned within 12 months of receiving...
November 8, 2024
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