Utility Scale

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Onshore Wind and Utility-Scale Solar in the U.S. Have Lowest LCOE

A report by Lazard, an asset management and financial advisory company, found that the low ends of the Levelized Cost of Energy (LCOE) for renewable energy technologies...

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Average Cost of Large-Scale Solar Projects Fell 28% YoY in Q1 2024

The average cost of large-scale solar power projects in India fell 28.2% year-over-year (YoY) in the first quarter (Q1) of 2024, primarily due to a significant drop in...

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SJVN Breaks Ground for 50 MW Solar Project in Assam

SJVN Green Energy (SGEL), a wholly owned subsidiary of SJVN, has broken ground for its 50 MW solar power project at the Sitalmari village of Sonitpur district in Assam....

March 11, 2024

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Satish Shetty

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Solar

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Tenders & Auctions

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Utility Scale
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Lakshadweep’s First Solar Plus Storage Project to Yield Savings of ₹2.5 Billion

The Solar Energy Corporation of India (SECI) commissioned Lakshadweep’s first grid-connected 1.7 MW solar power project with a 1.4 MWh battery energy storage system on...

January 5, 2024

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Satish Shetty

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Solar

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Utility Scale
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Solarpack, Apraava, Avaada and ReNew Win NTPC’s 1.5 GW Solar Auction

Anboto Solar (Solarpack), Apraava Energy, Avaada Energy, and ReNew Solar Power (ReNew) were declared winners in NTPC’s auction to set up 1,500 MW of interstate...

January 4, 2024

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Satish Shetty

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Solar

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Tenders & Auctions

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Utility Scale
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Top Five States for Utility-Scale Solar in 2023 [Infographics]

The cumulative utility-scale solar installations in India stood at 59.1 GW at the end of September 2023, according to Mercom India’s latest available data. The...

December 30, 2023

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Gautamee Hazarika

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Mercom Research Focus

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Solar

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Utility Scale
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TotalEnergies, Adani, Brookfield Emerge Top Global Large-Scale Solar Developers

TotalEnergies, Adani Green Energy, and Brookfield Renewable Partners emerged as the leading global large-scale solar photovoltaic (PV) project developers in Mercom...

December 8, 2023

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Satish Shetty

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Solar

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Utility Scale
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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,...

November 9, 2023

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Urvashi Gupta

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Mercom Research Focus

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Solar

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Utility Scale
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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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Utility Scale
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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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Utility Scale
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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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Utility Scale
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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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Utility Scale
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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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