Solar

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Government Clarifies ALMM Enlistment Guidelines for Co-branded Solar Modules

The Ministry of New and Renewable Energy (MNRE) has modified the Approved List of Models and Manufacturers (ALMM) guidelines and provided exceptions to broaden the...

March 24, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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In Bengaluru, a 100 kW Solar System Can Save C&I Entities ₹1 Million Annually

Mercom India successfully concluded the C&I Clean Energy Meet 2023 in Bengaluru, where stakeholders in the solar sector and commercial and industrial entities...

March 24, 2023

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Arjun Joshi

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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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Intra-State Sections of Evacuation Infrastructure for Renewables Delayed

The Ministry of New and Renewable Energy (MNRE) told the Parliamentary Standing Committee on Energy that the intra-state stretches of the Green Energy Corridor (GEC)...

March 24, 2023

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Sumit Jha

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Grid

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Renewable Energy

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Solar
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EnBW Takes €2.4 Billion Final Investment Decision on Offshore Wind Project

German electric utility company Energie Baden-Wuerttemberg (EnBW) has made its final €2.4 billion (~$2.6 billion) investment decision on He Dreiht, a major wind project...

March 24, 2023

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Arjun Joshi

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Finance and M&A

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Wind
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One-Step Coating Could Make Perovskite Solar Cells Commercially Viable

The National Renewable Energy Laboratory (NREL) has devised a new way to produce perovskite solar cells that could speed its commercialization. Different layers are...

March 24, 2023

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Gautamee Hazarika

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Solar

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Technology
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China Securities Regulatory Commission Approves Canadian Solar’s IPO

The China Securities Regulatory Commission has approved the registration of CSI Solar, the engineering, procurement, and construction arm of solar module maker Canadian...

March 24, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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Power Ministry’s Planning Led to Highest-Ever Budgetary Allocation: Committee

Allocation in the Union Budget 2023 to the Ministry of Power has increased 29% to over ₹160 billion (~$2 billion), the highest ever for the ministry, the parliamentary...

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New Acquisition Helps Array Technologies Cut Q4 Net Loss to $17.3 Million

The net loss of Array Technologies, a provider of utility-scale solar tracker technology solutions, narrowed to $17.3 million in the fourth quarter (Q4) of the financial...

March 23, 2023

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Gourav Mishra

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Finance and M&A

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Solar

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Utility Scale
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Railways Invites Bids for 600 MW of Mono PERC Bifacial Solar Modules

IRCON Renewable Power (IRPL), a company incorporated by the Ministry of Railways,  has invited bids for the supply of monocrystalline Passivated Emitter and Rear Contact...

March 23, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Swedish Firm Says Perovskite-CIGS Tandem Solar Cells Yield 24.9% Efficiency

Midsummer, a Swedish developer, in collaboration with researchers at the University of California, Los Angeles (UCLA), has developed a four-terminal perovskite-CIGS...

March 23, 2023

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Gautamee Hazarika

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Solar

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Technology
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Canadian Solar’s Q4 Net Income Surges by 200% on Higher Module Shipments

Solar module maker Canadian Solar‘s net income surged 200% year-over-year (YoY) to $78 million for the fourth quarter (Q4) of the financial year (FY) 2022, fueled...

March 23, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Rajasthan Invites Bids for 60 MW Solar Projects Under PM KUSUM

Jodhpur Vidyut Vitran Nigam (JDVVNL) has invited bids to develop 24 solar projects with an aggregate capacity of 60.48 MW under Component-C of the Pradhan Mantri Kisan...

March 23, 2023

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Arjun Joshi

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Solar

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Tenders & Auctions
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BHEL Floats O&M Tender for a 100 MW Solar Project in Gujarat

Bharat Heavy Electricals (BHEL) has invited bids for the operation and maintenance (O&M) of a 100 MW grid-connected solar power project (Phase-II) for the Gujarat...

March 23, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Project Finance Brief: Leeward Secures $280 Million for 200 MW Solar Project

From: Mercom Capital Group Leeward Renewable Energy, a renewable energy project developer, closed $280 million in financing for its 200 MW Horizon solar project in Frio...

March 23, 2023

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Staff

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Finance and M&A

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Solar
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JERA to Acquire Virya’s Equity in its Wind Platform for €1.55 Billion

Japan’s electric utility JERA has signed a definitive agreement with Virya Energy to acquire 100% of the shares of Parkwind, Virya’s offshore wind energy...

March 23, 2023

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Arjun Joshi

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Finance and M&A

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Wind

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