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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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New PLI Program Essential for Augmenting Grid-Scale Energy Storage: Power Minister

Union Minister for Power and New & Renewable Energy, R.K. Singh, proposed implementing a production-linked incentive (PLI) initiative for grid-scale storage to...

June 21, 2023

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Arjun Joshi

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Energy Storage

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Market & Policy
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Hero Future Wants to be a One-stop Shop Energy Supplier to C&I Clients

With the rapid transformation of the renewable energy landscape from vanilla utility-scale solar projects to round-the-clock (RTC) power supply and a growing C&I...

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Capacity of Solar Projects Tendered and Auctioned Decline in Q4 2022

Solar tenders floated by various agencies in India declined 32% quarter-over-quarter (QoQ) to 9.7 GW in the fourth quarter (Q4) of 2022 from 14 GW, according to Mercom...

January 19, 2023

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Satish Shetty

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Mercom Research Focus

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Solar

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Tenders & Auctions
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SECI Mulls Offering Round-the-Clock Renewable Power Supply to C&I Segment

The commercial and industrial (C&I) segment is looking at round-the-clock power to make the transition to renewables, an area where the government-owned Solar Energy...

January 13, 2023

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Gautamee Hazarika

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C&I

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Consumers

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Solar
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Adani DISCOM to Procure 1 GW Renewable Power Bundled with Thermal

Maharashtra Electricity Regulatory Commission (MERC) has allowed Adani Electricity Mumbai (AEML) to procure 1,000 MW of renewable power bundled with thermal (500 MW plus...

November 3, 2022

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Sumit Jha

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Markets & Policy

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Other

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Renewable Energy
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Ministry Amends Guidelines to Procure Round-the-Clock Renewable Power

The Ministry of Power (MoP) has amended the tariff-based competitive bidding process guidelines to procure round-the-clock (RTC) power from grid-connected renewable...

September 7, 2022

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Arjun Joshi

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Markets & Policy

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Solar
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Renew Power to Increase its Module Manufacturing Capacity to 6 GW

Independent Power Producer ReNew Power has announced that it is increasing its module manufacturing capacity to 6 GW from the 4 GW that was planned earlier. The planned...

June 20, 2022

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Arjun Joshi

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Manufacturing

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Modules

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Solar
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West Bengal to Procure 100 MW of Round-the-Clock Wind-Solar Hybrid Power at ₹2.90/kWh

The West Bengal Electricity Regulatory Commission (WBERC) recently approved the power sale agreement (PSA) executed between the West Bengal State Electricity...

June 15, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Mitsui to Acquire a 49% Stake in ReNew Power’s 400 MW Round-the-Clock Renewable Project

Global trading and investment company Mitsui & Co is acquiring a 49% stake in ReNew Power’s 400 MW round-the-clock (RTC) utility-scale renewable energy project. The...

April 6, 2022

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Arjun Joshi

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Finance and M&A

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Solar
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Regulator Approves Tamil Nadu DISCOM’s Petition to Procure Round-The-Clock Power

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved Tamil Nadu Generation and Distribution Corporation’s (TANGEDCO) petition to procure round-the-clock...

March 24, 2022

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Arjun Joshi

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Markets & Policy

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Other
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ArcelorMittal Partners with Greenko for a 975 MW Round-the-Clock Renewable Project

Steel producer ArcelorMittal has established a strategic partnership with Greenko Group to develop a 975 MW ‘round the clock’ solar and wind energy project in Andhra...

March 22, 2022

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Arjun Joshi

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Other

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Renewable Energy
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SECI Likely to Retender 2.25 GW of Round-the-Clock Renewables Bundled with Thermal

Solar Energy Corporation of India (SECI) is likely to retender the remaining capacity of its initial 2.5 GW of round-the-clock (RTC) renewable energy projects bundled...

January 31, 2022

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Harsh Shukla

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Other

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Renewable Energy
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Round-The-Clock Renewable Energy Projects with Battery Storage are the Future

Renewable energy supply round-the-clock (RTC) with the help of battery storage overcomes the intermittency associated with solar and wind, which generate energy only...

December 2, 2021

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Arjun Joshi

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Mercom Research Focus

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Other
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Daily News Wrap-Up: SJVN Bags a 100 MW Solar Project in Punjab

Here are some noteworthy cleantech announcements of the day from around the world: SJVN has bagged a 100 MW grid-connected solar photovoltaic power project from Punjab...

November 5, 2021

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Arjun Joshi

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Other

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Renewable Energy

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