Auction

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JSW and Greenko Win Karnataka’s Bid for 1 GW of Pumped Storage Projects

JSW Neo Energy (JSW Energy) and Greenko KA 01 IREP (Greenko) have won the Power Company of Karnataka’s (PCKL) auction to supply 1 GW of energy for 8 hours daily from...

March 21, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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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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Germany’s 3.21 GW Wind and 217 MW Solar Tenders Undersubscribed

Germany’s recent offshore wind energy auction for 3.21 GW has received interest for only less than half (1.5 GW) of the capacity on offer, according to the Federal...

March 3, 2023

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Arjun Joshi

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Solar

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Technology

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Wind
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Germany Invites Bids for 1.8 GW of Offshore Wind Projects

Germany’s Federal Network Agency (Bundesnetzagentur) has launched a new offshore wind auction to install 1.8 GW of offshore wind power projects in the North Sea,...

March 1, 2023

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Arjun Joshi

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Tenders & Auctions

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Wind
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Bids Show a 1 kW Rooftop Solar System to Cost ₹60,000 in Jharkhand

Jharkhand Renewable Energy Development Agency (JREDA) has announced the lowest (L1) bids to install and commission 3 MW of grid-connected rooftop solar systems of...

February 7, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Naviya Technologies Wins EPC Contract for 2 MW Canal-Top Solar Project

Naviya Technologies Renewables, a Mumbai-based solar developer, won the Jharkhand Renewable Energy Development Agency’s (JREDA) auction for the engineering, procurement,...

February 7, 2023

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Satish Shetty

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Floating Solar

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Exclusive Interview with Shirdi Sai Electricals COO

In an exclusive interview with Mercom India, Dr. Balachander Krishnan, Chief Operating Officer, Indosol Solar, special purpose vehicle (SPV) of Shirdi Sai Electricals,...

February 8, 2023

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Satish Shetty

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Daily Wrap-up
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Sprng Energy, ib vogt, Hinduja, Blupine Win GUVNL’s 500 MW Solar Auction

Sprng Energy, ib vogt, Hinduja Renewables, and Solarcraft Power India 9 (Blupine Energy) have won Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 500 MW...

January 31, 2023

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Arjun Joshi

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Solar

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Tenders & Auctions
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Juniper, EDF Renewables, ACME, and Solarcraft Win GUVNL’s 300 MW Wind Auction

Juniper Green Energy, WYN Renewables (EDF Renewables), ACME Pokharan Solar, and Solarcraft Power India won the Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power...

January 31, 2023

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Rakesh Ranjan

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Other

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Wind
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Daily News Wrap-Up: India’s Solar Power Generation Rises to 95.15 BU in 2022

India generated around 95.15 billion units (BU) of solar power in the calendar year (CY) 2022, a 38% increase compared to 68.77 BU generated last year. Solar generation...

February 1, 2023

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Mercom India

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Daily Wrap-up
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Ayana and NTPC Win MSEDCL’s 250 MW Renewables with Storage Tender

Ayana Renewables and NTPC Renewable Energy won the Maharashtra State Electricity Distribution Company (MSEDCL) auction to procure 250 MW of flexible and schedulable...

December 12, 2022

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Satish Shetty

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Other

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Renewable Energy

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Tenders and Auctions
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Capacity of Solar Projects Tendered and Auctioned Decline in Q4 2022

Solar tenders floated by various agencies in India declined 32% quarter-over-quarter (QoQ) to 9.7 GW in the fourth quarter (Q4) of 2022 from 14 GW, according to Mercom...

January 19, 2023

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Satish Shetty

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Mercom Research Focus

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Solar

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Tenders & Auctions
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Germany Ups Ceiling Tariff by 25% After Poor Response to Renewable Auctions

The underwhelming response to solar and wind auctions in 2022 has prompted the Bundestag (German Parliament) to allow the Federal Network Agency (Bundesnetzagentur) to...

January 3, 2023

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Arjun Joshi

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Renewable Energy

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Tenders & Auctions
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Five Lowest Solar Tariffs in 2022 [Infographics]

Auction activity was robust in 2022, with 111.48 GW of solar capacity projects going under the hammer in 274 auctions. The lowest tariff discovered in 2022 was ₹2.29...

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SJVN, Scatec India, and O2 Power Win SECI’s 1.2 GW Wind Tender

SJVN, Scatec India II BV, and O2 Power have won Solar Energy Corporation of India’s (SECI) auction for 1.2 GW interstate transmission system (ISTS)-connected wind power...

December 22, 2022

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Rakesh Ranjan

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Other

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Wind

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