Mercom Research Focus
thumbnail
Robust Solar Project Pipeline Drives India’s Module Manufacturing Capacity

India added 11.3 GW of solar modules and 2 GW of cell manufacturing capacity in the first half (1H) of 2024, according to Mercom India’s recently released research report, State of Solar PV Manufacturing in India 1H 2024. Th...

October 8, 2024

Mercom Research Focus

Hybrid Power Projects Add to Gujarat’s Solar Open Access Growth

Gujarat added the sixth-highest solar open access capacity in Q2 2024, according to Mercom’s Q2 2024 India Solar Open Access Market Report. In Q2 of 2024, about 1.8 GW of solar open access capacity was added in the country, ...

October 3, 2024

Sponsored News

Designing Resilient Solar Trackers for Highly Corrosive Geographies

Solar tracker technology has advanced considerably in the past decade. Trackers play an important role in helping the world transition to cleaner energy sources. They optimize the performance of solar power projects. Trackers are ...

October 3, 2024

Grid

High Grid Frequency Events Prompt Grid India to Warn Users to be Cautious

For three days in August 2024, India’s electricity grid witnessed persistent high frequency above the ceiling of 50.05 Hz for 26% to 38% of the time. All three days were Sundays when power demand usually drops. The contribut...

October 3, 2024

Latest News

thumbnail
US Slaps Anti-dumping Duties on Indian Aluminum Extrusions Used in Solar Racking

The U.S. Department of Commerce has imposed anti-dumping duties at rates ranging from 2.02% to 376.85% and countervailing duties at rates ranging from 1.44% to 168.81% on aluminum extrusions imported from 14 countries, including India. The aluminum...

October 9, 2024

thumbnail
EV Battery Leasing Company Urja Mobility Raises ₹1 Billion

UrjaMobility, an electric vehicle (EV) leasing company, has raised ₹1 billion (~$11.9 million) in its Pre-Series A funding round, comprising debt and equity financing. Mufin Green Finance Limited and Hindon Mercantile Limited led the funding round....

October 9, 2024

thumbnail
MNRE Introduces 1% of CFA as Service Charge Under PM Surya Ghar

The Ministry of New and Renewable Energy (MNRE) has said 1% of the Central Financial Assistance (CFA) component will be imposed as a service charge on rooftop solar installations under the PM Surya Ghar: Muft Bijli Yojana to provide financial...

October 9, 2024

thumbnail
Torrent to Supply 8.5 MW Solar Power to Lakshmi Mills

Torrent Power will supply 8.5 MW of solar power to the production units of The Lakshmi Mills (TLMCL), a yarn and fabric company based in Coimbatore, Tamil Nadu, through open access. Torrent Power, Torrent Urja 17, and The Lakshmi Mills Company have...

October 9, 2024

thumbnail
CERC Proposes Changes to Price Discovery Mechanisms in Power Exchanges

The Central Electricity Regulatory Commission (CERC) has issued a draft order addressing concerns related to price discovery mechanisms, market liquidity, and contract structuring in the power exchanges. The proposals focus on Day-Ahead Contingency...

October 9, 2024

thumbnail
South Western Railway Invites Bids for 1.33 MW Solar Power Systems

The Mysore Division of the South Western Railway has invited bids to install 1.33 MW solar power systems on railway stations, service buildings, level crossing gates, and staff quarters. The last date for the submission of bids is October 25, 2024....

October 9, 2024

thumbnail
Coal India Subsidiary Tenders 5 MW Floating Solar Project in West Bengal

Central Mine Planning & Design Institute (CMPDI), a subsidiary of Coal India, has invited bids to commission a 5 MW grid-connected floating solar project for Eastern Coalfields at the quarry sump of Dalmia OCP Salanpur Area in West Bengal. The...

October 9, 2024

thumbnail
GAIL Invites Bids for 7.75 MW Floating Solar Project in Madhya Pradesh

GAIL (India) has invited bids for the design, engineering, procurement and supply, construction, erection, testing, commissioning, and operation and maintenance of a 7.75 MW grid-connected floating solar project at Vijaipur in Madhya Pradesh. The...

October 9, 2024

thumbnail
Pumped Storage Projects to Receive up to ₹17.5 Million/MW Budgetary Support

The Ministry of Power (MoP) has modified the provision of budgetary support for hydroelectric and Pumped Storage Projects (PSP), with a total outlay of ₹124.6 billion (~$1.48 billion). The ministry will support projects of a cumulative hydroelectric...

October 9, 2024

thumbnail
NHPC Invites Bids for 1.2 GW ISTS-Connected Solar Power Projects

NHPC has invited bids to select developers to set up 1.2 GW interstate transmission system (ISTS)-connected solar power projects anywhere in India with a greenshoe option (Tranche-IX). The last day to submit the bids is November 4, 2024. Bids will...

October 9, 2024

MORE NEWS