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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SECI Invites Bids for ₹10 Billion Short-Term Working Capital Credit Facility

The Solar Energy Corporation of India (SECI) has invited quotations for a short-term working capital credit facility of up to ₹10 billion (~$118.23 million) to help it make payments to renewable energy developers. SECI seeks to raise a fund-based...

December 2, 2024

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US Sets Anti-dumping Duties on Solar Cells from Four Southeast Asian Countries

The U.S. Department of Commerce announced its preliminary affirmative determinations in the anti-dumping duty investigations of crystalline photovoltaic cells, whether or not assembled into modules, from Cambodia, Malaysia, Thailand, and Vietnam....

December 2, 2024

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Rajesh Power’s IPO Gets Overwhelming Response, Shares List at 90% Premium

Ahmedabad-based Rajesh Power Services (RPSL), a renewable and non-renewable energy solutions provider, has gone public with its Initial Public Offering (IPO) on the BSE SME platform. The IPO received an overwhelming response, with the issue being...

December 2, 2024

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SECI Floats Tender for 4.12 MW Solar Power Projects in IIT Kharagpur

The Solar Energy Corporation of India (SECI) has invited bids for a 4.12 MW cumulative capacity solar power project in the IIT Kharagpur campus (Zone III), West Bengal, under the renewable energy service company (RESCO) model. The cumulative...

December 2, 2024

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SECI Invites Bids for 2 MW Rooftop Solar Systems in Four Cities

Solar Energy Corporation of India (SECI) has invited bids to select developers to install 2,112 kW of grid-connected rooftop solar systems under the renewable energy service company (RESCO) mode. The projects are distributed as...

December 2, 2024

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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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