renewable-energy

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SIDBI and AFD Sign $100 Million Loan Agreement for Green Financing

Small Industries Development Bank of India (SIDBI) and France-based Agence Française de Développement (AFD) have signed a $100 million (~₹1.15 million) credit facility...

February 13, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Malabar Cements Invites Bids for 1 MW Solar Project in Palakkad

Malabar Cements (MCL), a Government of Kerala undertaking, has invited bids for a 1 MW solar project at its Walayar facility in Palakkad, Kerala. The site is located...

February 13, 2025

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Staff

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: India Slaps Anti-Dumping Duties on Solar Glass

The Ministry of Commerce and Industry finalized anti-dumping duties on textured tempered solar glass imports from China and Vietnam. A ministry investigation concluded...

February 13, 2025

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Mercom Staff

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Daily Wrap-up
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Kerala Needs ₹522 Billion by 2030 for Renewable Energy Integration

The Kerala State Electricity Regulatory Commission (KSERC) has estimated an investment of ₹522.38 billion (~$6.01 billion) would be required by 2030 to upgrade energy...

February 13, 2025

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Staff

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Market & Policy

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Renewable Energy
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What’s Next for Domestic Manufacturing and Supply Chains?

Buyers and sellers in the solar sector got a unique opportunity to share information about products and services and foster business-to-business connections at Mercom...

February 11, 2025

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B.S. Nagaraj

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Renewable Energy

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Solar
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India’s Installed Solar Capacity Surpasses 100 GW: Joshi

India’s installed solar capacity has surpassed 100 GW, the Ministry of New and Renewable Energy (MNRE) has announced. As of January 31, 2025, the installed solar...

February 7, 2025

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Melvin Mathew

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Rooftop

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Solar
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Amazon to Procure 379 MW Power from Three Wind Projects in India

Global e-commerce company Amazon will procure a cumulative 379 MW of clean energy from three wind farms in Karnataka, Maharashtra, and Tamil Nadu. The company will...

February 6, 2025

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Melvin Mathew

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Renewable Energy

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Wind
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Mercom India to Host Renewable Energy Buyer Seller Meet in Bengaluru

The solar industry in India is set for unprecedented expansion and has opened up enormous opportunities for manufacturers, solution providers, and product sellers....

February 6, 2025

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Melvin Mathew

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C&I
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Tata Power Sustains Growth Momentum, PAT Up 10% YoY in Q3 FY 2025

Integrated power company Tata Power has reported a ₹11.88 billion (~$136.4 million) profit after tax (PAT) in the third quarter (Q3) of the financial year (FY) 2025, a...

February 6, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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NextEra Energy’s Q4 2024 Revenue Drops 21.69%

U.S.-based power producer NextEra Energy reported a 21.69% year-over-year (YoY) drop in consolidated revenue to $5.38 billion in the fourth quarter (Q4) of the financial...

January 30, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Blueleaf Energy, Jakson Partner on 1 GW Rajasthan Solar Projects

Blueleaf Energy, a Singapore-based renewable energy platform, has partnered with Noida-based Jakson Green to invest $400 million to develop 1 GW solar projects in...

January 30, 2025

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Staff

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Market & Policy

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Solar
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NTPC REL Invites Bids for 1,200 MW Solar Projects with 600 MW Energy Storage

NTPC Renewable Energy (NTPC REL) has invited bids to set up 1,200 MW interstate transmission system (ISTS)-connected solar power projects integrated with a 600 MW/2,400...

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Financial Incentives, Policy Support Top Solar Industry’s 2025 Budget Wishlist

As India’s renewable energy sector continues to grow, the spotlight is on Finance Minister Nirmala Sitharaman as she prepares to present the Union Budget 2025. As...

January 21, 2025

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Arjun Joshi

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: Tripura Floats Consultancy Tender for Pumped Storage Project

The Tripura Renewable Energy Department Agency invited bids for a pre-feasibility report for a pumped hydro storage project in the state. Bids must be submitted by...

January 20, 2025

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Mercom Staff

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Daily Wrap-up
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Concord Biotech to Procure Wind-Solar Power from CleanMax’s Project

Ahmedabad-based pharmaceutical company Concord Biotech has entered into a strategic agreement to acquire a 26% equity stake in CleanMax Everglades, a CleanMax Enviro...

January 17, 2025

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Staff

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Finance and M&A

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Solar

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