Other

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Daily News Wrap-Up: Residential Rooftop Solar Gains Momentum

In major Indian cities, residential buildings and housing complexes are adopting rooftop solar solutions and transitioning towards clean energy. This transition is...

December 11, 2023

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Mercom India

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Daily Wrap-up
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Daily News Wrap-Up: Solar Open Access Installations Surge 21% YoY in Q3

India saw a surge in solar open access installations with the addition of 907 MW in the third quarter of 2023, a 36.1% increase over 666 MW in the previous quarter,...

December 8, 2023

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Mercom India

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Daily Wrap-up
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Masdar Acquires 1 GW Renewable Energy Portfolio in Poland

Abu Dhabi Future Energy Company, Masdar, along with Taaleri Energia, a Finland-based renewable energy developer, have acquired eight hybrid renewable energy projects in...

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Uniqus Acquires Goodera to Bolster its ESG Practice

Uniqus Consultech has acquired Goodera’s global business that helps corporates manage their sustainability programs by automating the collection, maintenance, and...

December 7, 2023

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: NTPC’s Land & Transmission Tender for 800 MW Solar Projects

NTPC Renewable Energy has invited bids for land and an extra high voltage transmission system package to develop interstate transmission system-connected solar power...

December 7, 2023

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Mercom India

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Daily Wrap-up
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BPCL Issues Tender for 100 MW Wind Projects in Madhya Pradesh and Maharashtra

Bharat Petroleum Corporation (BPCL) has issued a request for proposal to set up 100 MW (±5%) wind power projects in Madhya Pradesh and Maharashtra on a lumpsum turnkey...

December 6, 2023

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Satish Shetty

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Other

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Tenders and Auctions

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Wind
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Graphite India Forays into Battery Tech with ₹500 Million Investment in GODI

Graphite India (GIL), a graphite electrode manufacturer, has entered into a definitive transaction to invest ₹500 million (~$6 million) in compulsory convertible...

December 6, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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At $139/kWh, Lithium-Ion Battery Pack Prices Hit All-Time Low

Prices of lithium-ion battery packs have dropped by 14% to a record low of $139/kWh this year due to falling raw material and component prices, research firm...

December 6, 2023

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Staff

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Other

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Renewable Energy
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Funding and M&A Roundup: energyRe Raises $1.2 Billion for Renewable Expansion

From: Mercom Capital Group energyRe, a renewable energy developer, raised $1.2 billion to support the expansion of its large-scale renewable energy portfolio comprising...

December 6, 2023

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Staff

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Finance and M&A

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Other
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Random Levies, Approval Delays Hinder Energy Transition of Corporates: Interview

In an exclusive interview with Mercom India, Sharad Pungalia, MD & CEO of Amplus Solar, discusses the company’s approach to servicing its diversified portfolio...

December 6, 2023

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Satish Shetty

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C&I

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Renewable Energy
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Daily News Wrap-Up: Investments in Indian Solar Sector Down 22% YoY in Q3

Investments in the Indian solar sector in the third quarter of the calendar year 2023 totaled $1.57 billion (~₹129.86 billion), a 22% year-over-year decrease from $2.02...

December 6, 2023

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Mercom India

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Daily Wrap-up
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Month in a Minute: Top Headlines from the Indian Renewable Sector in November 2023

Here is a recap of important headlines from November 2023: In the first nine months of 2023, India has installed 5.6 GW of solar power capacity, marking a ~47%...

December 5, 2023

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Satish Shetty

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Other

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Renewable Energy
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Chemicals Manufacturer Sadhana Nitro Chem to Set Up Green Hydrogen Facility

Specialty chemicals manufacturer Sadhana Nitro Chem will set up a green hydrogen facility based on a solar and wind project with a 15-20 MW capacity, primarily for...

December 5, 2023

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Staff

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Other

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Renewable Energy
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ADB Approves $200 Million Loan to Enhance Power System Efficiency in Uttarakhand

The Asian Development Bank (ADB) has granted a $200 million loan to enhance the quality, efficiency, and dependability of Uttarakhand’s electricity supply and help...

December 5, 2023

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Staff

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Other

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Renewable Energy
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Green Energy Trade at IEX Continues to Dip, 189 MU Traded in November

The Indian Energy Exchange (IEX) traded 189 million units (MU) of green energy during November 2023, a 46.61% year-over-year (YoY) drop from 354 MU. Green energy trade...

December 5, 2023

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Satish Shetty

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Other

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Renewable Energy

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