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Gentari, Juniper, Enfinity, Datta, Sunsure Win SJVN’s 1.2 GW Hybrid Power Auction

Gentari Renewables India Utilities 2, Juniper Green Energy, EG Energy Development (Enfinity Global), Sunsure Solarpark RJ One, and Adyant Enersol (Datta Infra) won SJVN’s auction to set up 1,200 MW of Interstate Transmission Syste...

November 5, 2024

Mercom Research Focus

Companies Dominating the Indian Solar Market in 1H CY 2024

The 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

Solar Open Access Landscape in Telangana and Andhra Pradesh: A Study in Contrast

The renewable energy landscape in India presents a complex mosaic where each state faces unique challenges and opportunities. Two states that highlight this contrast are Telangana and Andhra Pradesh. While Andhra Pradesh shows ren...

October 28, 2024

Mercom Research Focus

Energy Storage Corporate Funding 15% Higher in First Nine Months of 2024

Corporate funding for energy storage rose 15% year-over-year (YoY) in the first nine months (9M) of  2024, while it decreased 33% for smart grids in the U.S. Corporate funding for energy storage companies in 9M 2024 reached $17.6 ...

October 25, 2024

Latest News

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DISCOMs’ Dues to Power Generators Dip to ₹624 Billion in October

State power distribution companies (DISCOMs) owed power generators ₹623.9 billion (~$ 7.41 billion) in total dues for the monthly billing cycle in October 2024, according to the Ministry of Power’s payment ratification and analysis portal PRAAPTI....

November 5, 2024

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Month in a Minute: Top Headlines from the Indian Renewable Sector in October 2024

India added 706.5 MW of wind energy capacity in Q3 2024, a 72% increase year-over-year from 411.5 MW in Q3 2023, according to Mercom India Research. The increased demand for wind energy by state distribution companies and other obligated entities to...

November 5, 2024

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CERC Approves Tariffs for SJVN’s 1,450 MW Solar Projects

The Central Electricity Regulatory Commission (CERC) has adopted the tariffs for SJVN’s 1,450 MW of interstate transmission system (ISTS)-connected solar power projects. The Commission approved the tariffs of ₹2.51-₹2.53 (~$0.029-$0.03)/kWh and a...

November 5, 2024

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Empanelment Tender Issued for Rooftop Solar Systems in Andhra Pradesh

New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has issued an empanelment tender to install grid-connected rooftop solar systems of 1 kW to 500 kW at various locations in Andhra Pradesh under capital expenditure mode....

November 5, 2024

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Daily News Wrap-Up: CERC Adopts Tariff for 1 GW Wind-Solar Hybrid Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs for 1,000 MW of interstate transmission system-connected wind-solar hybrid power projects awarded by NTPC under Tranche V. In April this year, NTPC awarded Sprng Energy 150 MW...

November 5, 2024

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US Withdraws Tariffs on Aluminum Extrusions Used in Solar on 14 Nations Including India

The U.S. International Trade Commission (USITC) recently overruled the Department of Commerce’s imposition of anti-dumping and countervailing duties on aluminum extrusions imported from 14 countries, including India. The aluminum extrusions...

November 5, 2024

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Nextracker Posts Seventh Consecutive Quarter of Double-Digit Revenue Growth

US-based solar tracker firm Nextracker’s net profit climbed 193.9% year-over-year (YoY) to $115.39 million in the second quarter (Q2) of the financial year (FY) 2024-25 from $39.25 million. The company also reported a 10.85% YoY rise in revenue to...

November 4, 2024

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