Author: Staff

thumbnail
Winners of Mercom’s 2024 Renewable Industry Awards Announced

At the ongoing Mercom India Renewables Summit 2024 in New Delhi, Mercom India announced the winners of the fourth annual Mercom India Awards. These prestigious awards...

July 25, 2024

/

Staff

/

Renewable Energy
thumbnail
Rays Power Infra Raises ₹1.27 Billion Via Equity Sale

Solar EPC and turnkey solution provider Rays Power Infra has raised ₹1.27 billion (~$15.17 million) in equity capital from a clutch of high-net-worth individuals, family...

July 25, 2024

/

Staff

/

Finance and M&A

,

Solar
thumbnail
NTPC Invites Bids for 20 MW Solar Project in Madhya Pradesh

NTPC has invited bids for a 20 MW ground-mounted solar project in the MGR Bulb area of NTPC Vindhyachal in Madhya Pradesh. The scope of work covers the design,...

July 24, 2024

/

Staff

/

Solar

,

Tenders & Auctions
thumbnail
Project Finance Brief: Intersect Power Secures $837 Million in Project Financing

From: Mercom Capital Group Intersect Power, a utility-scale solar project developer, announced closing two separate transactions representing an aggregate of $837...

July 24, 2024

/

Staff

/

Finance and M&A

,

Solar
thumbnail
GCF Approves $215.6 Million for SIDBI to Help MSMEs Lower Emissions

The Green Climate Fund (GCF) has approved $215.6 million for the Small Industries Development Bank of India’s (SIDBI) Financing Mitigation and Adaptation Projects...

thumbnail
BluPine Secures ₹4.36 Billion for a 120 MW Solar Project in Gujarat

Renewable energy company BluPine Energy has secured ₹4.36 billion ($52.85 million) in financing from the State Bank of India for its 120 MW solar project in Panshina and...

July 22, 2024

/

Staff

/

Finance and M&A

,

Solar
thumbnail
GUVNL Invites Bids to Procure Power from 500 MW Wind Projects

Gujarat Urja Vikas Nigam (GUVNL) has issued a request for selection (RfS) from developers to purchase power from 500 MW grid-connected wind power projects in India...

July 19, 2024

/

Staff

/

Tenders and Auctions

,

Wind
thumbnail
MNRE Revises CFA Rate for Biomass Pellet Manufacturing Units

The Ministry of New and Renewable Energy (MNRE) has revised the Central Financial Assistance (CFA) rates for biomass pellet manufacturing units under the National...

July 18, 2024

/

Staff

/

Other

,

Renewable Energy
thumbnail
Ride-Hailing Firm MyPickup Secures ₹15 Million in Seed Funding

Electric vehicle (EV) ride-hailing startup MyPickup raised ₹15 million (~$179,293) in seed funding led by Inflection Point Ventures (IPV). MyPickup plans to use the...

thumbnail
South Eastern Coalfields Invites Bids for 1.5 MW Floating Solar Project

South Eastern Coalfields (SECL) has issued a tender for a 1.5 MW grid-connected floating solar power project at the Sharda OC, Sohagpur, in Madhya Pradesh. The scope of...

thumbnail
Project Finance Brief: Emeren Group Sells 42 MW Solar Project Portfolio in Spain

From: Mercom Capital Group Emeren Group, a solar project developer, announced the sale of a 42 MW ready-to-build solar project portfolio in Spain to CVE España, part of...

July 17, 2024

/

Staff

/

Finance and M&A

,

Solar
thumbnail
BluSmart Raises ₹2 Billion to Expand EV Charging Network

Electric vehicle (EV) ride-hailing service and charging network firm BluSmart has raised ₹2 billion ($24 million) in a pre-series B funding round. Along with existing...

July 16, 2024

/

Staff

/

Electric Vehicles
thumbnail
Himachal Pradesh Commission Approves PPA for 1 MW Solar Project

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has approved the power purchase agreement (PPA) signed between the HP State Electricity Board (HPSEBL) and...

July 16, 2024

/

Staff

/

Markets & Policy

,

Solar
thumbnail
NTPC Issues EPC Tender for 795 MW Solar Projects at Khavda

NTPC Renewable Energy, an NTPC subsidiary, has issued a tender for an engineering, procurement, and construction (EPC) package to develop solar projects of a cumulative...

July 11, 2024

/

Staff

/

Solar

,

Tenders & Auctions
thumbnail
TCIL Floats Tender for a 2 MW Floating Solar Project in Mauritius

Telecommunications Consultants India (TCIL) has invited bids to establish a 2 MW floating solar photovoltaic project at the Tamarind Falls Reservoir, Mauritius. The last...

1

2

3

...

54