generation

thumbnail
Tata Power’s Rooftop Solar Revenue Grows 41% to ₹5.3 Billion in Q3

Tata Power reported a 91% year-over-year (YoY) jump in net profit to ₹10.52 billion (~$127.6 million) for the third quarter (Q3) of the financial year (FY) 2022-2023,...

February 7, 2023

/

Gourav Mishra

/

Finance and M&A

,

Solar
thumbnail
India’s Solar Power Generation Rises by 38% YoY 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...

January 31, 2023

/

Arjun Joshi

/

Mercom Research Focus

,

Solar
thumbnail
REC India’s Q3 Net Profit Rises 3.6% YoY to ₹28.7 Billion on Improved Asset Quality

Government-owned power sector lender REC India posted the highest-ever quarterly net profit at ₹28.78 billion (~$351.37 million) in the third quarter (Q3) of the...

February 1, 2023

/

Gourav Mishra

/

Finance and M&A

,

Other
thumbnail
Rising Renewables to See the US Cut Back on Conventional Power in 2023-24

The Energy Information Administration (EIA) has forecasted an increase in U.S. power generation from new renewable sources, primarily wind and solar, which would cut...

January 20, 2023

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
Repsol Acquires Clean Energy Investment Platform Asterion Energies for €560 Million

Madrid-based energy and petrochemical company Repsol has acquired renewable energy investment platform Asterion Energies for €560 million (~$595 million) along with...

December 19, 2022

/

Gourav Mishra

/

Other

,

Renewable Energy
thumbnail
Shell Acquires 2 GW Solar Project Pipeline from Green Tie Capital in Spain

Shell New Energies Holding Europe (Shell) has acquired Spain-based Green Tie Capital‘s ten under-development solar energy projects across Spain, with a potential...

December 16, 2022

/

Gourav Mishra

/

Finance and M&A

,

Solar
thumbnail
New South Wales Tender Receives Bids for 8 GW of Wind, Solar and Storage Projects

The Australian Energy Market Operator (AEMO) Services has received bids for over 8 GW of wind, solar, and long-duration storage projects in the first round of the...

November 16, 2022

/

Gourav Mishra

/

Other

,

Renewable Energy
thumbnail
India’s Solar Power Generation Rises by 36% YoY to 70.2 BU in 9M 2022

India generated around 70.24 billion units (BU) of solar power in the first nine months (9M) of the calendar year (CY) 2022, a 36% increase compared to 51.67 BU during...

November 4, 2022

/

Rakesh Ranjan

/

Mercom Research Focus

,

Solar
thumbnail
India’s Solar Power Generation Up by 34% YoY in 1H 2022

India generated 47.64 BU of solar power in the first half (1H) of the calendar year (CY) 2022, an increase of 34% compared to the same period last year. Solar generation...

August 3, 2022

/

Rakesh Ranjan

/

Mercom Research Focus

,

Solar
thumbnail
Solar Developer’s Deemed Generation Claims Due to Grid Failure Rejected

The Haryana Electricity Regulatory Commission (HERC), in a recent order, rejected the recovery claims of a solar developer for deemed generation on account of grid...

June 17, 2021

/

Rakesh Ranjan

/

Grid

,

Market & Policy
thumbnail
Solar Generation in Q1 2021 Up by 23% from the Previous Quarter

In the first quarter (Q1) of the calendar year (CY) 2021, the country generated about 17.5 BU of solar power compared to 14.2 BU in the previous quarter. The data shows...

May 3, 2021

/

Rakesh Ranjan

/

Markets & Policy

,

Solar
thumbnail
Tender for 20 MW Solar Project at Faridabad Thermal Power Station Reissued

The Haryana Power Generation Corporation Limited (HPGCL) has reissued a tender for 20 MW of grid-connected solar photovoltaic power projects at Faridabad, Haryana....

February 18, 2021

/

Nithin Thomas Prasad

/

Solar

,

Tenders & Auctions
thumbnail
Solar Generation in Q4 2020 9% Higher from Previous Quarter, Up 26% Annually

In Q4 2020, the country generated about 14.2 billion units (BU) of solar power compared to 12.9 BU in the previous quarter. The data showed that solar generation was...

February 8, 2021

/

Nithin Thomas Prasad

/

Markets & Policy

,

Solar
thumbnail
NTPC To Add 16.5 GW of Renewables Between 2022-2027: RK Singh

NTPC Limited has installed 1,083 MW of solar, wind, and small hydropower projects and plans to add 16.5 GW of renewables between 2022-27, Union Power Minister R.K. Singh...

February 9, 2021

/

Nithin Thomas Prasad

/

Renewable Energy

,

Solar
thumbnail
Malaysia To Provide Net Metering for 500 MW of Residential and C&I Solar Systems

Malaysia’s Ministry of Energy and Natural Resources (KeTSA) announced its New Energy Metering Program 3.0 (NEM 3.0), which aims to incentivize the export of excess solar...

January 7, 2021

/

Nithin Thomas Prasad

/

C&I

,

Solar

1

2

3

...

3