Author: Arshreet

About Arshreet

Arshreet Singh, Staff reporter at Mercom India More articles from Arshreet Singh.
Nagaraj Bharadwaj Arshreet Singh is a staff reporter at Mercom India. Before joining Mercom, he covered North American energy and mining companies for Reuters from their bureau in Bengaluru. He is a graduate of the Indian Institute of Journalism and New Media.More articles from Arshreet Singh.

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JSW, Hero, Vena, Hexa Climate and Serentica Win SECI’s 630 MW FDRE Auction

JSW Neo Energy (JSW Energy), Hero Solar Energy (Hero Future Energies), Vena Energy, Hexa Climate Solutions and Serentica Renewables won significant capacities in Solar...

July 26, 2024

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Arshreet Singh

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Solar

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Tenders & Auctions
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Adani Green’s Q1 FY 2025 Revenue Rises 24% on Higher Capacity

Renewable energy company Adani Green Energy (AGEL) reported that its revenue surged by 24% year-over-year to ₹25.28 billion (~$301 million) in the first quarter of...

July 26, 2024

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Arshreet Singh

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Finance and M&A

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Renewable Energy
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IndiGrid’s Q1 Revenue Surges 32.7% on Strategic Acquisitions

India Grid Trust (IndiGrid), a power infrastructure investment trust, reported that its first quarter revenue surged by 32.7% year-over-year, reaching ₹8.35 billion...

July 26, 2024

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Arshreet Singh

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Finance and M&A
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Tesla’s Energy Storage Revenue Doubles, but Q2 Profit Falls 45%

U.S.-based electric vehicle and clean energy company Tesla‘s revenue for the second quarter (Q2) of the financial year (FY) 2024 rose 2% year-over-year (YoY) to...

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Enphase Energy’s Q2 Profit Falls 71% Amid Demand Challenges

Microinverter and battery storage supplier Enphase Energy’s net income for the second quarter (Q2) of 2024 dropped 71.4% to $58.8 million as the Nasdaq-listed company...

July 24, 2024

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Arshreet Singh

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Finance and M&A
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India’s 2024 Budget Push for Domestic Solar Manufacturing

Union Finance Minister Nirmala Sitharaman, in the first Budget under a new coalition government, laid out a series of measures to promote clean energy adoption and...

July 23, 2024

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Arshreet Singh

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Markets & Policy

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Solar
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JSW Energy Q1 Profit Surges 80% on Higher Renewable Generation

Independent power producer JSW Energy reported an 80% year-on-year surge in net profit for the first quarter of fiscal year 2025, reaching ₹5.22 billion (~$63.3 million),...

July 23, 2024

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Arshreet Singh

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Finance and M&A
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First Solar Opens Plant for Thin Film and Tandem PV Modules in Ohio

U.S.-based photovoltaic (PV) module manufacturer First Solar has commissioned a new 1.3 million square feet research and development facility in Lake Township, Ohio. The...

July 22, 2024

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Arshreet Singh

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Manufacturing

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Modules

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Solar
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Current Renewable Energy Growth Rate Falls Short of 2030 Target: IRENA

The International Renewable Energy Agency (IRENA) has released a new report saying the world must achieve a minimum annual growth rate of 16.4% in renewable energy...

July 22, 2024

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Arshreet Singh

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Other

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Renewable Energy
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Sterling and Wilson Swings to Q1 Profit on Strong Domestic EPC Demand

The engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, Sterling and Wilson Renewable Energy, posted a net profit of ₹50 million (~$600,...

July 19, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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DhaSh PV to Build ₹3.46 Billion Solar Junction Box Plant in Karnataka

DhaSh PV Technologies has announced an investment of ₹3.46 billion (~$41.4 million) in a solar photovoltaic (PV) manufacturing plant in the Sira Industrial Area of...

July 5, 2024

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Arshreet Singh

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Manufacturing

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Solar
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PM Surya Ghar to Cover Government Buildings with Rooftop Solar by 2025-end

The Ministry of New and Renewable Energy (MNRE) plans to install rooftop solar systems on all central and state government buildings by December 2025 as part of the...

July 5, 2024

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Arshreet Singh

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Rooftop

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Solar
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MNRE to Incentivize 450,000 MTPA of Green Hydrogen under Tranche II

The Ministry of New and Renewable Energy (MNRE) has issued guidelines for incentive disbursement for up to 450,000 metric tons per annum of green hydrogen production...

July 5, 2024

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Arshreet Singh

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Renewable Energy
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New Guidelines for Wind Turbine Placement Focus on Optimizing Output

The Ministry of New and Renewable Energy (MNRE) has amended the criteria for micro-siting onshore wind power to focus on optimized output rather than the minimum...

July 4, 2024

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Arshreet Singh

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Wind
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Month in a Minute: Top Headlines from the Indian Renewable Sector in June 2024

The average cost of large-scale solar power projects in India fell 28.2% year-over-year in the first quarter (Q1) of 2024, primarily due to a significant drop in module...

July 4, 2024

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Arshreet Singh

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Renewable Energy

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