Mercom Research Focus
thumbnail
India’s Solar Open Access Capacity Jumps 153% in 1H 2024

India added 3.6 GW of solar open access capacity in the first half (1H) of 2024, a 153% increase from the 1.4 GW installed during the same period in 2023, according to the Q2 2024 Mercom India Solar Open Access Market Report. The ...

September 5, 2024

Mercom Research Focus

Economic Upsides and Challenges of Co-located Hybrid Power Projects

The scarcity of suitable sites, geographic and environmental constraints, regulatory complexities, and high land acquisition costs pose significant barriers to the growth of wind-solar hybrid power projects. However, the economic ...

September 4, 2024

C&I

Investor Expectations and Green Mandates Push Indian Industries Toward Solar

Rooftop solar is gaining significant traction among commercial and industrial (C&I) companies in India, primarily due to its potential for substantial energy cost reduction. Additionally, businesses can profit by selling exces...

September 6, 2024

Energy Storage

Reliance Wins 10 GWh Advanced Chemistry Cell Manufacturing Capacity Under PLI

Reliance Industries has secured 10 GWh of Advanced Chemistry Cell (ACC) battery storage manufacturing capacity under the Production Linked Incentive (PLI) program by the Ministry of Heavy Industries (MHI). Besides Reliance, MHI ha...

September 5, 2024

Latest News

thumbnail
Gensol-Matrix Consortium Wins EPC Contract to Develop Bio-Hydrogen Project

A consortium of engineering and consulting firm, Gensol Engineering and Matrix Gas & Renewables, a natural gas aggregator and hydrogen infrastructure developer, has won an engineering, procurement, and construction (EPC) contract from a power...

September 6, 2024

thumbnail
MERC Proposes Virtual Net Metering in Rooftop Renewable Energy System Rules

The Maharashtra Electricity Regulatory Commission (MERC) has included virtual net metering provisions in the Grid Interactive Rooftop Renewable Energy Generating System (Second Amendment) Regulations, 2024. The virtual net metering provisions will...

September 6, 2024

thumbnail
Daily News Wrap-Up: Solar Open Capacity Up 153% in 1H of 2024

India added 3.6 GW of solar open access capacity in the first half (1H) of 2024, a 153% increase from the 1.4 GW installed during the same period in 2023, according to the Q2 2024 Mercom India Solar Open Access Market Report. The capacity added in...

September 6, 2024

thumbnail
Epic Energy to Set Up 35 MW Solar Park for Group Captive Projects

Mumbai-based Epic Energy, a solar EPC solutions provider, announced it is setting up a 35 MW solar park near Solapur in Maharashtra with Niva Ecotech, a solar park developer. The company, which aims to reach a total installed capacity of 140 MW in...

September 6, 2024

thumbnail
Researchers Build All-Perovskite Tandem Solar Cell with 28.49% Efficiency

Researchers from the Huazhong University of Science and Technology in China have developed an all-perovskite tandem solar cell with a record power conversion efficiency of 28.49%. The research paper, ‘Surface chemical polishing and passivation...

September 6, 2024

thumbnail
APTEL Rules Extent of Energy Banking Bound by DISCOM-Generator Agreement

The Appellate Tribunal for Electricity (APTEL) ruled that as per Uttar Pradesh Electricity Regulatory Commission (Captive and Renewable Energy Generating Plants) Regulations, 2019, banking of energy up to 100% requires an agreement between the...

September 6, 2024

thumbnail
DERC Grants Tata Power Extension for 510 MW Hybrid Power Project

Delhi Electricity Regulatory Commission (DERC) has allowed Tata Power Renewable Energy (TPREL) an extension for the Scheduled Commercial Operation Date (SCOD) for its 510 MW wind-solar hybrid power project. TPREL filed the petition seeking relief...

September 6, 2024

thumbnail
MIT Researchers Find New Method to Optimize Utility-Scale Wind Farms

Researchers at the Massachusetts Institute of Technology (MIT) have revolutionized the blade designs of propellers and wind turbines, allowing for power optimization from wind turbines under varying conditions. Despite substantial growth in wind...

September 6, 2024

MORE NEWS