power

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Pralhad Joshi Gets MNRE Portfolio, Khattar is New Minister of Power

Pralhad Joshi has been appointed the Minister of New and Renewable Energy (MNRE) in the National Democratic Alliance government led by Prime Minister Narendra Modi....

June 12, 2024

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B.S. Nagaraj

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Renewable Energy
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Solar, Wind Support Thermal in Meeting India’s Unprecedented Power Demand

Solar and wind energy generation has complemented thermal power in meeting India’s unprecedented power demand this summer. Renewables accounted for 15% of total...

June 7, 2024

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B.S. Nagaraj

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Other

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Renewable Energy
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Daily News Wrap-Up: REIL Invites Bids for 200,000 Mono PERC Solar Cells

Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the state of Rajasthan, has invited bids for the supply of 200,...

April 15, 2024

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Mercom Staff

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Daily Wrap-up
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CERC Approves Compensation to Solar Developer in Change in Law Case

The Central Electricity Regulatory Commission (CERC) has approved a plea by ReNew Sun Waves (RSWPL) to receive compensation, both before and after the commercial...

December 22, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Karnataka to Procure 1.5 GW of Power on Short-term Basis to Meet Shortage

Reeling under an acute power shortage of up to 2,000 MW a day, Karnataka has been monitoring power demand and availability on an hourly basis and preparing to buy power...

October 16, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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Australia Global Leader in Battery Energy Storage Systems: Report

Australia is a leader in the global battery energy storage systems (BESS) market, with the total pipeline of announced projects surpassing 40 GW, according to the latest...

July 25, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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Renewables Accounted for 84% of Power Generated in Brazil in 1H 2023

Renewable sources accounted for 83.64% of the 193.9 GW of power generated in Brazil between January and June this year, according to data released by the country’s...

July 7, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Center Earmarks ₹1.43 Trillion Incentive for Power Sector Reforms in FY24

The Department of Expenditure, Ministry of Finance, has earmarked ₹1.43 trillion (~$17.4 billion) as financial incentives in the form of additional borrowing permissions...

June 28, 2023

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Arjun Joshi

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Grid

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Market & Policy
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Researchers Achieve 20.15% Efficiency with Indium Sulfide Layered Perovskites

In a collaborative experiment to increase the power conversion efficiency of perovskite solar cells, a group of scientists introduced an electron transport layer made of...

June 16, 2023

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Gourav Mishra

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Solar

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Technology
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Open Access Renewables Can Cut Data Centers’ Power Costs by 15-40%: Interview

Integrating renewable energy into the power mix is a no-brainer for data centers as it allows global companies to meet sustainability targets and offers 30-35% cost...

May 22, 2023

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Sumit Jha

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C&I

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Markets & Policy

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Solar
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Solid Power’s Q1 Net Loss Widens to $19 Million on Higher R&D Expenses

Solid Power, which develops all-solid-state battery technology for electric vehicles (EV), said its net loss widened to $19.2 million in the first quarter (Q1) of 2023...

May 17, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Scatec’s Q1 Revenue Rises 21% to $87 Million on Higher Power Production

Norwegian independent power producer Scatec’s total revenue rose 21% year-over-year (YoY) to NOK919 million (~$87 million) for the first quarter (Q1) of the financial...

May 10, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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Tata Power’s Revenue from Rooftop Solar Business Doubles in Q4

Tata Power’s profit after tax (PAT) rose 48% year-on-year (YoY) to ₹9.39 billion (~$115 million) for the fourth quarter (Q4) of the financial year (FY) 2022-23, mainly...

May 5, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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PFC Loans ₹6.33 Billion to Gensol to Expand EV Deployment

Power Finance Corporation (PFC) has approved a loan of ₹6.33 billion (~$77 million) to Gensol Engineering for the purchase of 5,000 passenger electric vehicles (EVs) and...

April 21, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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SJVN Awards ₹1.3 Billion BoS Package for 100 MW Solar Project to BVG India

SJVN’s subsidiary, SJVN Green Energy, has awarded Bharat Vikas Group India (BVG India) the contract to install balance of system (BoS) package for a 100 MW solar project...

April 19, 2023

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Gourav Mishra

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Other

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Renewable Energy

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