hydro

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Solar’s Share in Renewable Capacity Increases Marginally to 40% in 2023

Solar power accounted for 16.9% of the total installed power capacity and 40.1% of the total installed renewable capacity at the end of December 2023. Solar power’s...

February 9, 2024

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Debojyoti Nath

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Markets & Policy

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Mercom Research Focus

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Solar
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Solar Accounts for 16% of the Total Installed Power Capacity in Q3 2023

Solar power accounted for 16.44% of the total installed power capacity and 39.4% of the total installed renewable capacity in the third quarter (Q3) of 2023, marginally...

November 10, 2023

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Urvashi Gupta

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Mercom Research Focus

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Solar
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Dry August Sparks Unprecedented Power Demand Across India

August this year has been the warmest month in India for over 120 years and one of the worst monsoon-deficient months in history. As a consequence, power demand in the...

September 5, 2023

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B.S. Nagaraj

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Demand Response

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Grid
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Solar’s Share in Total Installed Power Capacity Rises to 16% in Q2 2023

Solar power accounted for 15.9% of the total installed power capacity and 38.3% of the total installed renewable capacity in the second quarter (Q2) of 2023, up from 14%...

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NHDC to Invest ₹42 Billion to Develop 525 MW Pumped Storage Project

Narmada Hydroelectric Development Corporation (NHDC), a joint venture of NHPC and the Government of Madhya Pradesh, is set to construct a 525 MW pumped storage project...

June 12, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Renewable Energy Capacity Additions Drive JSW’s Q4 Revenue Up by 6%

Independent power producer JSW Energy’s revenue for the fourth quarter (Q4) of the financial year (FY) of 2023 increased by 6% year-over-year (YoY) to ₹28.06 billion...

May 24, 2023

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Gourav Mishra

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Markets & Policy

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Other

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Renewable Energy
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States levying Water and Air Cess on Electricity Generation Illegal

The Ministry of Power has asked all state governments and union territories to withdraw any tax or duty on electricity generation, especially from hydropower projects,...

April 28, 2023

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Satish Shetty

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Other

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Other Energy

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Renewable Energy

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Wind
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Delhi Notifies Wind and Hydro Power Purchase Obligation Until FY26

The Delhi Electricity Regulatory Commission (DERC) has revised its renewable purchase obligation (RPO) and compliance regulations, establishing the RPO trajectory for...

April 12, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Nearly a Third of All DISCOMs Improve Rank in Annual Appraisal

The Central government’s annual appraisal of power distribution companies’ (DISCOMs) financial and operational performance saw 21 entities improve their rank over the...

April 12, 2023

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Mercom Staff

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Daily Wrap-up
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Longer Rope for Green Hydrogen Units to Source RE Sans Transmission Costs

The government has extended the timeline for green hydrogen/ammonia projects to be eligible for an exemption from inter-state transmission system (ISTS) charges on...

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ENGIE, ReNew, NTPC Win Government’s 1,250 MW Solar Auction

Solairedirect Energy India (ENGIE), ReNew Solar Power, and NTPC Renewable Energy won REC Power Development and Consultancy’s (RECPDCL) auction to develop 1,250 MW...

April 6, 2023

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Satish Shetty

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Solar

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Tenders & Auctions
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Kerala’s 2023 Budget Lays Emphasis on Green Hydrogen and EV Development

Kerala has allocated funds to a host of green initiatives in its 2023 Budget which is aimed at doing away with fossil-fuel dependence by 2040 and achieving net carbon...

February 9, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Renewables Help Hospital Group Save ₹40 Million Annually on Power Bills

Narayana Health, a multi-specialty hospital, heart center, and primary care facility chain with a presence across 18 cities in India, has saved over ₹40 million (~$482,...

January 4, 2023

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Satish Shetty

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C&I

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Consumers

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Other

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Renewable Energy
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Odisha Announces Incentives for Consumers Under Renewable Energy Policy, 2022

The Odisha government has released its renewable energy policy, which aims to provide the necessary impetus to the solar sector and accelerate its adoption in the state....

December 2, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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CERC Announces Levelized Tariffs for Small Hydro, Biomass and Biogas Projects for FY23

The Central Electricity Regulatory Commission (CERC) has issued levelized generic tariffs for renewables for the financial year (FY) 2022-23. The control period of the...

November 9, 2022

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Arjun Joshi

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Markets & Policy

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Renewable Energy

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