Author: Mercom Staff

About Mercom Staff

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Daily News Wrap-Up: RUMSL Invites Bids to Develop 170 MW Solar Project

Rewa Ultra Mega Solar (RUMSL) has issued a request for proposal to develop a 170 MW grid-connected ground-mounted solar photovoltaic project in the Neemuch Solar Park in...

April 26, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: China Installs 46 GW Solar Capacity in Q1 2024

China installed 45.74 GW of solar power capacity in the first quarter of 2024, a 35.8% year-over-year growth, according to the National Energy Administration. The...

April 25, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Seven Companies in Race for 10 GWh ACC Capacity Under PLI

The Ministry of Heavy Industries’ tender to select manufacturers for Advanced Chemistry Cells under the Production Linked Incentive program has garnered bids seven times...

April 24, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Solar Sector Records 81% Drop in VC Funding in Q1

The solar sector secured $8.1 billion in corporate funding through 41 transactions in the first quarter (Q1) of 2024, marking a 4% decrease from the $8.4 billion raised...

April 23, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: RECPDCL’s Tender for 223 MW Solar Projects

REC Power Development and Consultancy has floated a tender to set up 223 MW Inter-State Transmission System-connected solar power projects anywhere in India. The...

April 22, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Application Process for ALMM Inclusion and Renewal

The recent reimposition of the Approved List of Models and Manufacturers (ALMM) regulation by the Ministry of New and Renewable Energy (MNRE) has once again raised...

April 19, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: NTPC’s 1 GW Wind-Solar Hybrid Auction

Sprng Energy, AMPIN Energy Transition, Juniper Green Energy, ReNew Solar Power, and Avaada Energy have won NTPC’s auction for the supply of 1,000 MW power from...

April 18, 2024

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Mercom Staff

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Daily Wrap-up
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Husk Secures $4 Million from Electrifi to Scale up Mini Grids in Rural India

Husk Power Systems, a decentralized solar-hybrid mini-grids provider, has secured a $4 million investment in debt financing from Electrifi. This impact investment...

April 16, 2024

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Mercom Staff

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Finance and M&A

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Off-grid

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Solar
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Daily News Wrap-Up: BJP, Congress Bet Big on Renewables in Election Manifestos

Ahead of the seven-phase elections to the Lok Sabha, India’s lower house of Parliament, starting April 17, 2024, the two major political parties in the fray have...

April 16, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: REIL Invites Bids for 200,000 Mono PERC Solar Cells

Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the state of Rajasthan, has invited bids for the supply of 200,...

April 15, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: MNRE Adds 4.1 GW of New Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 4,104 MW of new solar module capacity. The...

April 12, 2024

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Mercom Staff

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Daily Wrap-up
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AutoNxt Secures Pre-Series A Funding to Finance Electric Tractor Launch

AutoNxt Automation, a Maharashtra-based e-mobility tech startup, has raised funds in a Pre-Series A funding round to finance the launch of its first electric tractor...

April 11, 2024

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Mercom Staff

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: REC Records Highest-Ever Loan Approvals in FY24

Public infrastructure finance company REC Limited recorded its highest-ever loan approvals totaling ₹3.58 trillion (~$43.02 billion) in the financial year 2023-24, a...

April 11, 2024

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Mercom Staff

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Daily Wrap-up
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EU, India Invite Expressions of Interest for Battery Recycling Collaboration

The European Union and India have announced a matchmaking platform to foster collaboration among startups working towards battery recycling technologies for electric...

April 10, 2024

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Mercom Staff

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: Top States for Solar Open Access Installations in 2023

India added 3.2 GW of new solar open access capacity in 2023, the most in any calendar year to date, with the top five states accounting for 84.2% of the new installed...

April 10, 2024

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Mercom Staff

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Daily Wrap-up

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