LATEST HEADLINES
Continuum Green Energy Files Draft Papers for ₹36.5 Billion IPO
Dec 11, 2024
Inox Forays into Solar Manufacturing with 5 GW Module, 2.5 GW Cell Capacity
Dec 11, 2024
Airox Nigen Announces 2 GW Solar Module Facility in Haryana
Dec 11, 2024
Mahindra Susten Secures ₹14.48 Billion Financing for 560 MW Solar Projects
Dec 11, 2024
Plantation Corporation of Kerala Issues EOI for 50 MW Solar Projects
Dec 11, 2024
Jevargi Solar Power (Rays Power Infra), Juniper Green Energy, Avaada Energy, and ACME Solar Holdings have won NHPC’s Tranche VI auction to supply 1,200 MW of firm and dispatchable renewable energy (FDRE) from ISTS-connected renewa...
December 11, 2024
Mercom Research Focus
India’s Solar Cell and Module Imports Drop 19% in Q3 2024India’s solar module and cell imports totaled $986.5 million (~₹82.6 billion) in the third quarter (Q3) of the calendar year (CY) 2024, down 19% year-over-year (YoY), according to data from the Department of Commerce. About ...
December 11, 2024
Manufacturing
List-II for Solar Cells Under ALMM to Come into Force from June 2026The Ministry of New and Renewable Energy (MNRE) has introduced List-II for Solar PV Cells under the Approved List of Models and Manufacturers (ALMM). It will be effective from June 1, 2026. The inclusion of solar cells in ALMM add...
December 9, 2024
Finance and M&A
US Issues Final Rules on Investment Tax Credit for Clean Energy ProjectsThe U.S. Department of the Treasury has issued final regulations for the Section 48 Energy Credit, also known as the Investment Tax Credit (ITC), which typically provides a 30% tax credit for clean energy projects. This credit sta...
December 9, 2024
LATEST HEADLINES
Continuum Green Energy Files Draft Papers for ₹36.5 Billion IPO
Dec 11, 2024
Inox Forays into Solar Manufacturing with 5 GW Module, 2.5 GW Cell Capacity
Dec 11, 2024
Airox Nigen Announces 2 GW Solar Module Facility in Haryana
Dec 11, 2024
Mahindra Susten Secures ₹14.48 Billion Financing for 560 MW Solar Projects
Dec 11, 2024
Plantation Corporation of Kerala Issues EOI for 50 MW Solar Projects
Dec 11, 2024
Trending News
October 17, 2024
Tender & Auctions
Rays, Juniper, Avaada, ACME Win NHPC’s 1.2 GW Tranche VI FDRE Auction
December 11, 2024
December 9, 2024
December 9, 2024
Mercom Insights
India’s Solar Cell and Module Imports Drop 19% in Q3 2024
December 9, 2024
December 5, 2024
November 28, 2024
Grid
EV Charging Company Greenie Energy Secures $600,000 in Seed Funding
December 3, 2024
Energy Storage
NTPC, Sembcorp, Reliance, Hero and Solarcraft Win SECI’s 2 GW-4GWh Solar-BESS Auction
Latest News
Green Power producer Continuum Green Energy has filed the draft red herring prospectus (DHRP) to raise over ₹36.5 billion (~$430.10 million) through an initial public offering (IPO). The IPO will consist of a fresh issue of equity shares with a face...
December 11, 2024
INOXGFL Group announced its foray into solar manufacturing through Inox Solar, a privately held entity by the promoters. Inox Solar targets an initial capacity of 5 GW of solar modules and 2.5 GW of solar cell manufacturing capacity by 2026 with a...
December 11, 2024
Gurugram-based renewable energy solutions company Airox Nigen has announced a foray into solar module manufacturing by setting up a 2 GW facility in Haryana. The facility in a 17-acre renewable energy Park in Rohnat will manufacture solar modules...
December 11, 2024
Mahindra Susten, the clean-tech arm of the Mahindra Group, has closed a financing deal worth ₹14.48 billion (~$170.6 million) with HDFC Bank and Axis Bank for its 560 MW solar projects in Gujarat and Rajasthan. The funding will facilitate the...
December 11, 2024
The Plantation Corporation of Kerala (PCK) has issued an expression of interest (EOI) inviting bids for a cumulative 50 MW of solar power projects at its Kasaragod and Cheemeni estates in the Kasaragod district. The last date to submit the bids is...
December 11, 2024
NTPC Renewable Energy, Sembcorp Green Infra, Solarcraft Power India 8 (Blupine Energy), Hero Solar Energy, and Reliance Power have won the Solar Energy Corporation of India’s (SECI) Tranche XVII auction to develop 2,000 MW of ISTS-connected solar...
December 11, 2024
From: Mercom Capital Group ConnectDER, a provider of home energy technology solutions, secured $35 million in Series D funding. The funding round was led by Decarbonization Partners, a partnership between BlackRock and Temasek, with participation...
December 11, 2024
From: Mercom Capital Group TotalEnergies, a diversified multinational energy company, announced the sale of 50% of a portfolio of 2 GW solar and battery energy storage projects in Texas to Apollo, a New York-based asset management firm. The...
December 11, 2024
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