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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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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Utility Scale
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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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Utility Scale
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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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Utility Scale
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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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Utility Scale
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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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Utility Scale
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Agrivoltaics Could Solve the Land Scarcity Problem for Solar

In India, agriculture plays a critical role in the economy, with nearly 60% of its land under farming and almost 300 days of sunshine every year. The country has an...

July 18, 2022

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Peer Mohamed Azees

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Mercom Research Focus

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Solar

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Utility Scale
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Iberdrola to Supply 590 MW of Solar Power to PepsiCo’s Facilities in Spain and Portugal

Global electric utility company Iberdrola and American food and beverage corporation PepsiCo signed a long-term power purchase agreement (PPA) under which Iberdrola will...

July 15, 2022

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Gourav Mishra

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Solar

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Utility Scale
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SJVN Signs EPC Contract for 125 MW of Solar Projects in Uttar Pradesh

SJVN, a joint venture between the Government of India and the Government of Himachal Pradesh, has signed an engineering, procurement, and construction (EPC) contract to...

July 14, 2022

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Gourav Mishra

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Solar

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Utility Scale
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Kerala’s State-run Dairies Opt for Solar to Save on Power Bills

Milma, the state government-run cooperative dairy plant in Ernakulam, Kerala, has installed a 2 MW captive solar project. The new installation has helped reduce the...

July 11, 2022

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Peer Mohamed Azees

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Open Access

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Solar

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Utility Scale

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