Mercom Research Focus
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Plagued by Project Delays, India’s Solar Capacity Additions Plummet by 44% in 2023

Solar installations in India dropped 44.1% in the calendar year (CY) 2023, with a capacity of 7.5 GW added against 13.4 GW in 2022, according to Mercom India’s Q4 & Annual 2023 India Solar Market Update. Large-scale sola...

February 22, 2024

C&I

Serentica to Provide Uninterrupted Green Power Through a Mix of Renewables: Interview

Renewable energy developer Serentica Renewables is strategically employing a diverse mix of solar, wind, and energy storage technologies. The company has recently embarked on a collaborative effort centering around a standalone en...

February 23, 2024

Mercom Research Focus

Rajasthan Struggles to Harness Solar Potential as Open Access Projects Face Setbacks

In Rajasthan, where the promise of renewable energy seems boundless, hurdles have emerged in the path of progress where a significant capacity of open access solar projects in the pipeline are at a standstill. In the third quarter...

February 20, 2024

Renewable Energy

BrightNight, ReNew, ACME Among Winners of NHPC’s 1.5 GW Renewables Auction

BN Hybrid Power-1 (BrightNight), Hero Solar Energy (Hero Future Energies), Solarcraft Power India 20 (BluPine Energy), Juniper Green Energy, ReNew Solar Power (ReNew), and ACME Cleantech Solutions were declared winners in NHPC’s a...

February 22, 2024

Latest News

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Rooftop Solar Systems up to 10 kW Exempted from Feasibility Study Mandate

The Ministry of Power has mandated that the technical feasibility study for the installation of all rooftop solar photovoltaic systems must be completed within fifteen days, and the outcome of it is to be shared with the applicant. Failing to meet...

February 23, 2024

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NTPC Tenders Land and Transmission Package for 2 GW Solar Projects

NTPC Renewable Energy (NTPC REL) has invited bids for a land and power evacuation package to develop 2 GW  interstate transmission system (ISTS)-connected solar power projects in Barmer, Rajasthan. The last date to submit the bids is March 28, 2024....

February 23, 2024

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No Manual Bids, Follow Strict Trading Hours: CERC to Power Exchanges

The Central Electricity Regulatory Commission (CERC)  has ordered a comprehensive audit of all three power exchanges in the next six months and the elimination of manual entries of bids and cancellation/modification of bids outside of trading hours,...

February 23, 2024

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CleanMax to Supply Green Power to Bangalore Airport from 45.9 MW Project

Mumbai-based renewable energy firm CleanMax Enviro Energy Solutions (CleanMax) has entered into a 25-year-long power purchase agreement with Bangalore International Airport (BIAL) to supply power from a 45.9 MW solar-wind captive power project. The...

February 23, 2024

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Yulu Raises ₹1.6 Billion to Meet Increased Demand in Shared E-Mobility

Bengaluru-based shared electric two-wheeler company Yulu has raised ₹1.6 billion ($19.25 million) in equity funding from existing investors Bajaj Auto and Magna International. The company will use these funds to scale up vehicles, operational...

February 23, 2024

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GameChange Solar to Expand US Tracker Manufacturing by 11 GW  

Solar tracking solutions supplier GameChange Solar (GCS) is expanding its annual tracker manufacturing capacity in the U.S. from 24 GW to 35 GW. This increase in domestic manufacturing capacity allows GCS to incorporate over 85% domestic content in...

February 23, 2024

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Daily News Wrap-Up: India’s Solar Capacity Additions Drop by 44% in 2023

Solar installations in India dropped 44.1% in the calendar year 2023, with a capacity of 7.5 GW added against 13.4 GW in 2022, according to Mercom India’s Q4 & Annual 2023 India Solar Market Update. Large-scale solar installations saw a...

February 23, 2024

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Researchers Discover New Fast-conducting Li-ion Material

Researchers at the University of Liverpool have discovered a solid material that rapidly conducts lithium ions, which are essential components in the rechargeable batteries that power electric vehicles and many electronic devices. Consisting of...

February 23, 2024

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Maharashtra Floats Tender for 3,048 MW Solar Power Under KUSUM

MSEB Solar Agro Power (MSAPL), a wholly owned subsidiary of Maharashtra State Electricity Board (MSEB Holding Company), has floated 14 tenders to procure a cumulative capacity of 3,048 MW solar power under Component C of Pradhan Mantri Kisan Urja...

February 22, 2024

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