Mercom Research Focus
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Solar Open Access Capacity Surges to 4.8 GW in India for 9M 2024

In the first nine months (9M) of 2024, India added 4.8 GW of solar open access capacity, a 69% year-over-year (YoY) increase from 2.8 GW, according to the Q3 2024 India Solar Open Access Market Report. The capacity added in the fi...

November 28, 2024

Mercom Research Focus

Open Access Solar Market Leaders in 1H 2024: AM Green, Serentica, and Amplus

AM Green Energy, Serentica Renewables, Amplus Solar, Fourth Partner Energy, and Brookfield Renewable Partners were the top solar open access developers in the first half (1H) of the calendar year (CY) 2024,  according to Mercom...

November 27, 2024

C&I

Solar-Powered Milk Chillers Help Herders Gain Livelihood in Rajasthan

In a remote village in Rajasthan, nestled in the unforgiving heat of the desert, a community called Raika is not just surviving but thriving with a newly discovered source of income. The community is using the desert sun to power ...

November 27, 2024

Mercom Research Focus

India Adds an Unprecedented 16 GW Solar Capacity in 9M 2024

India added 16.4 GW of solar capacity in the first nine months (9M) of 2024, a 167% year-over-year (YoY) increase from 6.2 GW in 9M 2023, according to Mercom India Research’s Q3 2024 India Solar Market Update. These installa...

November 21, 2024

Latest News

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Kintech, H.G Infra, Bhilwara and Advait Win GUVNL’s 500 MW/1000 MWh BESS Auction

Kintech Synergy, H.G Infra Engineering, Bhilwara Energy (LNJ Bhilwara Group) and Advait Infratech have won Gujarat Urja Vikas Nigam’s (GUVNL) Phase IV standalone Battery Energy Storage Systems (BESS) auction. The project was awarded following the...

December 2, 2024

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Daily News Wrap-Up: Rules on Electricity Late Payment Surcharge Updated

The Grid Controller of India has released an updated procedure to implement the Electricity (Late Payment Surcharge and Related Matters) Rules 2022 and subsequent amendments. The procedure applies to intra-state and inter-state generators, licensees,...

December 2, 2024

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KPI Green Wins Coal India’s 300 MW Solar Auction

Surat-based renewable energy project developer KPI Green Energy won Coal India’s (CIL) auction to set up a 300 MW grid-connected ground-mounted solar project at the Khavda Solar Park in Gujarat. The project’s contract value is ₹13.11 billion...

December 2, 2024

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Punjab Issues Tender for 8 MW Solar Power Projects

Punjab Genco, a Punjab Energy Development Agency (PEDA) undertaking, has invited bids to design, manufacture, supply, erect, and test two solar power projects of 4 MW each in Bathinda District. The scope of work also includes operations and...

November 29, 2024

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Australia Invites Bids for 6 GW of Solar and Wind Energy Projects

The Australian Energy Market Operator (AEMO) Services has launched registrations for the Capacity Investment Scheme (CIS) Tender 4 to facilitate the development of 6 GW of renewable energy projects within Australia’s National Electricity Market...

November 29, 2024

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Odisha Greenlights Four Solar Cell and Module Manufacturing Facilities

The Odisha government has approved proposals by five companies to set up solar cell and module manufacturing facilities and a pumped hydro storage project with a total investment of ₹126.51 billion (~$1.49 billion). These project proposals were...

November 29, 2024

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Grid Controller of India Updates Rules for Electricity Late Payment Surcharge

The Grid Controller of India (POSOCO) has released an updated procedure to implement the Electricity (Late Payment Surcharge and Related Matters) Rules 2022 and subsequent amendments. The procedure applies to intra-state and inter-state generators,...

November 29, 2024

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Daily News Wrap-Up: Solar Open Access Capacity Surges to 4.8 GW in 9M 2024

In the first nine months (9M) of 2024, India added 4.8 GW of solar open access capacity, a 69% year-over-year increase from 2.8 GW, according to the Q3 2024 India Solar Open Access Market Report. The capacity added in the first nine months of 2024...

November 29, 2024

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Residential Rooftop Solar Installations Under PM Surya Ghar Cross 600,000

Residential rooftop solar installations under the PM Surya Ghar: Muft Bijli Yojana have touched 616,019 as of November 21, 2024, according to data provided by Minister of State for New and Renewable Energy Shripad Yesso Naik in the Lok Sabha. The...

November 28, 2024

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Over 500,000 Solar Pumps Installed in India with Government Subsidies

Over 500,000 standalone solar pumps have been installed under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program as of October, 2024. The PM-KUSUM aims to reduce the use of diesel in the agricultural sector and enhance...

November 28, 2024

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