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Juniper, Sembcorp, O2 Power Among Winners of SJVN’s 1.5 GW Wind-Solar Auction

Juniper Green Energy, Datta Power Infra, Green Infra Wind Energy (Sembcorp), Energizent Power (O2 Power), Green Prairie Energy (EverGreen Power), and Avaada Energy were declared winners in SJVN’s auction to develop 1.5 GW Inter-St...

February 20, 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

Markets & Policy

MNRE Holds the ALMM Reimposition Order in Abeyance

The Ministry of New and Renewable Energy (MNRE) has kept in abeyance its recent order reimposing the Approved List of Models and Manufacturers regulation from April 1, 2024. On February 9, 2024, the ministry confirmed the reimposi...

February 15, 2024

Markets & Policy

Solar and Solar-Wind Hybrid Power Central Pools Commence Operations

The Ministry of Power has declared that the central pools for solar power and solar-wind hybrid power have begun operations from February 15, 2024. Any interstate transmission system (ISTS) connected solar and solar-wind hybrid ca...

February 19, 2024

Latest News

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Daily News Wrap-Up: SJVN’s 1.5 GW Wind-Solar Auction Result

Juniper Green Energy, Datta Power Infra, Green Infra Wind Energy (Sembcorp), Energizent Power (O2 Power), Green Prairie Energy (EverGreen Power), and Avaada Energy were declared winners in SJVN’s auction to develop 1.5 GW Inter-State Transmission...

February 21, 2024

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SOLARCYCLE to Recycle Modules to Manufacture Solar Glass

Solar recycling company SOLARCYCLE announced an investment of $344 million in a solar glass manufacturing facility in Georgia’s Cedartown in the U.S., which will use recycled materials from retired solar panels to manufacture new solar glass. The...

February 21, 2024

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Project Finance Brief: Enerpac Secures Financing for 325 MW Solar, Hybrid Projects

From: Mercom Capital Group Enerpac, a solar project developer, secured bridge financing for a 325 MW project portfolio consisting of solar photovoltaic (PV) and hybrid projects, including energy storage. The French investment firm, Eiffel Investment...

February 21, 2024

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SECI Issues Tender for 1.2 GW of ISTS-Connected Wind-Solar Hybrid Projects

The Solar Energy Corporation of India (SECI) has invited bids to develop 1,200 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects (Tranche VIII) in the country. The projects must be commissioned within 24 months...

February 20, 2024

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CERC to Run Market Coupling Shadow Pilot on Power Exchanges

The Central Electricity Regulatory Commission (CERC) has authorized a shadow pilot on power systems and cost optimization through a market coupling of various segments of all three energy exchanges – Indian Energy Exchange, Power Exchange India, and...

February 20, 2024

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MNRE Issues Clarification on Residential Rooftop Solar Subsidy

Residential rooftop solar applications submitted before February 13, 2024, will not be applicable for central financial assistance (CFA) under the new PM Surya Ghar: Muft Bijli Yojana, the Ministry of New and Renewable Energy (MNRE) has said. Under...

February 20, 2024

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GRIDCO Invites Bids to Source Land for Solar Projects in Odisha

Grid Corporation of Odisha (GRIDCO) has invited bids to source land from land owners and aggregators for either lease or sale to project developers for setting up solar power projects in Odisha. The land offered must have a minimum size of 20 acres...

February 20, 2024

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Pure EV Raises $8 Million Funding to Expand Sales Network in India

Hyderabad-based electric vehicle (EV) manufacturer Pure EV has secured $8 million in the latest round of funding to help the company expand its sales network in India from 140 to 300 dealers in the next six months. The funding was led by Benett...

February 20, 2024

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Ministry Asks States to Submit Green Energy Open Access Rules Compliance Status

The Ministry of Power has instructed state electricity regulatory commissions (SERCs) to comply with the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules and align their states’ Open Access Regulations with the...

February 20, 2024

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