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Leading Solar EPC Companies in 1H 2023: Prozeal Green, Tata Power, Vikram Solar

Prozeal Green Energy, Tata Power Solar, Vikram Solar, Waaree Renewable Technologies, and Opera Energy emerged as the top utility-scale solar engineering, procurement,...

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Adani Green, NTPC and UPC Top Utility-Scale Solar Developers in 1H 2023

Adani Green Energy, NTPC Renewable Energy, UPC Renewables, Sprng Energy, and Aditya Birla Renewables emerged as the top utility-scale solar project developers in the...

November 2, 2023

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Arjun Joshi

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Mercom Research Focus

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Solar

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Pavagada Solar Park to Expand Capacity by 3 GW, Seeks Land on Lease

The 2,050 MW Pavagada Solar Park in Karnataka is going in for an expansion with a proposed capacity addition of 3,000 MW. As one of the first steps towards expanding the...

August 31, 2023

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B.S. Nagaraj

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Markets & Policy

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Solar

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Energix Renewables Secures $520 Million for Six Solar Projects in the US

Energix Renewables, a U.S.-headquartered independent power producer, has closed two project financing transactions totaling $520 million with Santander Corporate &...

June 30, 2023

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Gautamee Hazarika

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Solar

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Utility Scale
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IEA Forecasts Utility-Scale Solar Additions in India to Drop 20% in 2023

The International Energy Agency (IEA) has forecast a slowdown in India’s utility-scale solar projects in 2023 and 2024 due to a module shortage, lower auction...

June 2, 2023

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Arjun Joshi

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Markets & Policy

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Solar

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Avaada, NTPC, Adani Green Top Utility-Scale Solar Developers in 2022

Avaada Energy, NTPC Renewable Energy, Adani Green Energy, Tata Power Renewables, and Azure Power emerged as the top utility-scale solar project developers in the...

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Tata Power Solar Bags 300 MW Solar Project Worth ₹17.5 Billion from NLC

Tata Power Solar Systems (TPSSL), a wholly owned subsidiary of Tata Power, has been awarded an engineering, procurement, and construction (EPC) contract for a 300 MW...

March 30, 2023

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Arjun Joshi

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Solar

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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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NTPC Subsidiary Issues EPC Tender for 500 MW of Solar Projects

NTPC Renewable Energy, a wholly owned subsidiary of NTPC, has invited bids for the engineering, procurement, and construction package with land development for 500 MW of...

February 6, 2023

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Satish Shetty

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Solar

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Tenders & Auctions

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Lightsource bp Closes Tax Equity Investment Deal for 481 MW Solar Projects

Lightsource bp, a global utility-scale solar project developer, announced closing a tax equity investment from Wells Fargo and Company for a 481 MW solar project...

January 20, 2023

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Satish Shetty

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Finance and M&A

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Solar

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Supreme Court to Assess Progress in Great Indian Bustard Case This Week

The Supreme Court is likely to apprise itself of the status of the installation of bird flight diverters atop power transmission in the habitat of the endangered Great...

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IREDA Approves ₹44.45 Billion Loan for SJVN to Develop 1 GW Solar Project

The Indian Renewable Energy Development Agency (IREDA) has sanctioned a ₹44.45 billion (~$537.14 million) loan to SJVN Green Energy, a subsidiary of SJVN, to develop a 1...

December 15, 2022

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Satish Shetty

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Finance and M&A

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Solar

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Avaada, Tata Power Led Solar Installations in 1H 2022, Adani and ReNew Top Cumulatively

India’s installed utility-scale solar capacity breached the 50-GW mark in August 2022, 9.7 GW shy of meeting the government-set target of installing 60 GW by 2022,...

November 11, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar

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ADB Approves $18 Million for Bhutan’s First Utility-Scale Solar Power Project

Bhutan is set to get its first utility-scale solar photovoltaic (PV) power project, with the Asian Development Bank (ADB) approving financing of $18.26 million for its...

October 28, 2022

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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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Amazon Announces Solar Power Purchase Agreements for 420 MW in India

Amazon has announced its first set of utility-scale renewable energy projects in India. They comprise three solar projects in Rajasthan with a cumulative capacity of 420...

September 22, 2022

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Arjun Joshi

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Solar

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