auctions

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Solar Auctions Surge 82%, Tender Announcements Up 50% in 2023

Solar auctions during the calendar year 2023 witnessed an 82% year-over-year (YoY) growth, with 22.2 GW projects auctioned, according to Mercom India Research. Falling...

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Solar Auctions Up 86%, Tenders Rise 5% YoY in Q3 2023

Solar power project tenders floated by multiple implementing agencies in India rose 5% year-over-year (YoY) to over 13 GW during the third quarter (Q3) of the calendar...

October 12, 2023

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Urvashi Gupta

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Mercom Research Focus

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Solar

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Tenders & Auctions
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Solar Auctions Surge by a Record 721% QoQ, Tenders Increase by 5% in Q2 2023

Solar tenders floated by various agencies in India rose 5% quarter-over-quarter (QoQ) to over 14 GW in the second quarter (Q2) of 2023, according to Mercom India...

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Lowest Wind and Hybrid Power Tariffs in 2022 [Infographics]

The lowest tariff discovered in wind energy auctions in 2022 was ₹2.84 (~$0.036)/kWh, an increase of nearly 5.5% compared to the lowest tariff of ₹2.69 (~$0.038)/kWh...

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Solar Tenders Rose with 14 GW As Auctions Slid to 3.75 GW in Q3 2022

Various government agencies floated solar tenders totaling approximately 14 GW in the third quarter (Q3) of the calendar year (CY) 2022, an increase of 56% compared to...

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9.1 GW of Tenders Issued and 4 GW of Solar Projects Auctioned in Q2 2022

Various government agencies floated solar tenders totaling approximately 9.13 GW in the second quarter (Q2) of the calendar year (CY) 2022, an increase of 80% compared...

July 8, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Solar Tenders Decrease, as Auctions Rise YoY in Q4 2021

Solar tenders totaling approximately 6 GW were floated by various government agencies in the fourth quarter (Q4) of the calendar year (CY) 2021, an increase of 6%...

February 3, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Other
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Germany Adds 2.75 GW of Solar Capacity in 1H 2021

Germany installed 1.43 GW of solar capacity in the second quarter (Q2) of 2021, according to the latest numbers released by the Federal Network Agency Bundesnetzagentur....

September 2, 2021

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Harsh Shukla

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Markets & Policy

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Solar
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Solar Tender Activity Up Year-over-Year in Q2 While Auctions Slowed

According to Mercom India Research, government agencies announced tenders for 8.5 GW of solar projects in the second quarter (Q2) of the calendar year (CY) 2021, a 19%...

July 5, 2021

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Rahul Nair

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Mercom Research Focus

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Other
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Solar Tariffs May Settle Around ₹2.50/kWh After Factoring BCD in Future Auctions

Despite the Covid-19 pandemic, the tendering and auctioning of solar power projects went on unhindered in 2020. About 32.5 GW of tenders were announced by various...

April 16, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Solar Tenders Rise by 27%, Auctions Up 163% in Q1 2021

Government agencies announced tenders for 10.6 GW of solar power projects in the first quarter (Q1) of 2021, an increase of 27% compared to 8.3 GW in the previous...

April 15, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Where is the Solar Market Headed: Changing Face of the Indian Solar Sector

The Covid-19 pandemic and the resultant nationwide lockdown capped off a turbulent 2020 for the Indian solar sector. The pandemic affected the solar supply chain and...

April 7, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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Germany’s Solar Installations Rose to 536 MW in January 2021

Germany installed 536 MW of new solar capacity in January 2021, a 59.05% increase compared to 337 MW during the same period last year, according to the Federal Network...

March 1, 2021

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Harsh Shukla

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Markets & Policy

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Solar
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Solar Auctions Were Up in 2020 Despite the Pandemic, Tenders Activity Declined

2020 was not great for India’s solar sector, which was adversely affected by the COVID-19 pandemic, which slowed down the development activity. The ongoing...

January 18, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Germany Added 481 MW of Solar Installations in November 2020

Germany’s solar photovoltaic (PV) installations in November 2020 reached 480.84 MW, according to the latest numbers announced by the Federal Network Agency...

January 3, 2021

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Rahul Nair

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Markets & Policy

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Solar

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