Archive

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Daily News Wrap-Up: Kerala’s 100 MW Solar Empanelment Tender

The Kerala State Electricity Board (KSEB) has invited bids to empanel solar developers to set up 100 MW of grid-connected rooftop and ground-mounted projects. Empaneled...

March 21, 2023

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Mercom India

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Daily Wrap-up
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Mercom’s Second Edition of C&I Clean Energy Meet Series Begins Successfully in Bengaluru

Mercom India held the first event of the “C&I Clean Energy Meet 2023” series in Bengaluru. The event was hosted in partnership with the Federation of Karnataka...

March 21, 2023

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Gautamee Hazarika

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C&I

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Consumers

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Finance and M&A

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Solar
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SECI Pays ₹8.2 Billion to Solar and Wind Developers in January 2023

The Solar Energy Corporation of India (SECI) has paid out a total of ₹8.2 billion (~$99.4 million) to solar and wind developers for the power purchased in January 2023....

March 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Tribunal Asks Regulator to Re-Examine Penalty on POWERGRID Due to Project Delay

The Appellate Tribunal for Electricity (APTEL) recently ruled in favor of the Power Grid Corporation of India (POWERGRID) and asked the Central Electricity Regulatory...

March 20, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Government Approves Renewable Sector Lender IREDA’s IPO

The Indian Renewable Energy Development Agency (IREDA) has received the cabinet nod for listing on stock exchanges after an Initial Public Offering (IPO) via a part sale...

March 20, 2023

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Satish Shetty

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Other

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Renewable Energy
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Ballard Power’s Q4 Net Loss Narrows to $34.4 Million

The net loss of fuel cell and clean energy solutions provider Ballard Power Systems narrowed to $34.4 million in the fourth quarter (Q4) of the financial year (FY) 2022...

March 20, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Andhra Regulator Directs DISCOM to Pay ₹2.93/kWh for Wind Power Procured

The Andhra Pradesh Electricity Regulatory Commission (APERC) has directed the state distribution company (DISCOM) to pay a tariff of ₹2.93 (~$0.036)/kWh for the power...

March 20, 2023

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Rakesh Ranjan

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Other

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Wind
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Indian Oil Floats Tender for O&M of 5 MW Solar Project in Jodhpur

Indian Oil Corporation (IOC) has invited bids for the comprehensive annual rate contract for the operation and maintenance (O&M) of a 5 MW solar power project at...

March 20, 2023

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Satish Shetty

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Solar

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Tenders & Auctions
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SEG Solar Acquires 2 GW Solar Module Manufacturing Facility in Texas

California-based solar module maker SEG Solar announced the acquisition of a manufacturing facility in Texas with the capacity to produce over 2 GW of solar modules. The...

March 20, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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US Announces $750 Million to Advance Clean Hydrogen Technologies

The U.S. Department of Energy (DOE) has announced a grant of $750 million for research, development, and demonstration efforts to reduce the cost of clean hydrogen...

March 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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