solar

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Winners of Mercom’s 2024 Renewable Industry Awards Announced

At the ongoing Mercom India Renewables Summit 2024 in New Delhi, Mercom India announced the winners of the fourth annual Mercom India Awards. These prestigious awards...

July 25, 2024

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Staff

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Renewable Energy
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ITI Floats Tender for 18 MW Rooftop Solar Projects in Jammu and Kashmir

ITI Limited, a public sector undertaking under the Department of Telecommunication, has invited bids to empanel agencies for 18 MW grid-connected rooftop solar...

July 24, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Funding and M&A Roundup: Peak Energy Secures $55 Million

Peak Energy, a sodium-ion battery manufacturer, secured $55 million in a Series A funding round led by Xora Innovation, Temasek’s Early-Stage deep-tech investing...

July 24, 2024

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Arjun Pradeep

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Finance and M&A

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Other
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RTC Renewable Products Must be Redesigned to Meet Demand Curve: Economic Survey

In its Economic Survey 2023-2024 presented to the Parliament by Finance Minister Nirmala Sitaraman, the Union Government has said round-the-clock (RTC) renewable energy...

July 22, 2024

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B.S. Nagaraj

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Markets & Policy

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Renewable Energy
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Current Renewable Energy Growth Rate Falls Short of 2030 Target: IRENA

The International Renewable Energy Agency (IRENA) has released a new report saying the world must achieve a minimum annual growth rate of 16.4% in renewable energy...

July 22, 2024

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Arshreet Singh

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Other

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Renewable Energy
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MNRE to Incentivize Local Bodies for Residential Rooftop Solar Installations

The Ministry of New and Renewable Energy (MNRE) has allocated ₹10 billion (~$119.5 million) to incentivize Urban Local Bodies (ULBs) and Panchayati Raj Institutions...

July 22, 2024

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Gautamee Hazarika

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Markets & Policy

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Rooftop

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Solar
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Made-to-Order: The Future of Hybrid Power Projects

India’s renewable energy projects have evolved from standalone solar and wind installations to highly customized hybrid power projects, often incorporating energy...

July 19, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Solar Industry’s 2024 Budget Wishlist: Tax Cuts, GST Reforms and Fiscal Incentives

With India’s aggressive clean energy push likely to sustain the momentum it has seen in recent years, all eyes are on the Union Budget 2024 to be presented by...

July 19, 2024

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Gautamee Hazarika

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Mercom Research Focus

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Renewable Energy
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Solar Sector Corporate Funding in 1H 2024 Hits $16.6 Billion, Down 10% YoY

Total corporate funding, including venture capital/private equity (VC) funding, public market, and debt financing, in the solar sector reached $16.6 billion in the first...

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HPPCL Invites Bids for 8 MW Solar Project in Himachal Pradesh

Himachal Pradesh Power Corporation (HPPCL) has invited bids to commission an 8 MW solar power project at Bada Basot in Solan, Himachal Pradesh. The scope of work...

July 17, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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RERC Approves Tariff for 1,000 MW Solar Projects in Rajasthan

The Rajasthan Electricity Regulatory Commission (RERC) has approved the procurement of 1,000 MW of solar power by Rajasthan Urja Vikas & IT Service (RUVITL) from...

July 16, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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KREDL Invites Bids for 100 MW Solar Project with 50 MW/130 MWh Battery Storage

Karnataka Renewable Energy Development (KREDL) has invited bids to select a developer to commission a 100 MW grid-connected ground-mounted solar project and a 50 MW/130...

July 16, 2024

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Arjun Joshi

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Energy Storage

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Solar

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Tenders & Auctions
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MERC Approves MSEDCL’s Bid to Procure 5 GW Solar and 1.6 GW Thermal Power

Maharashtra Electricity Regulatory Commission (MERC) has approved Maharashtra State Electricity Distribution Company’s (MSEDCL) petition to procure 5,000 MW of...

July 16, 2024

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Arjun Joshi

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Markets & Policy

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Other Energy

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Solar
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CMPDI Floats Tender for 70 MW Solar Project in Nagpur

Central Mine Planning & Design Institute (CMPDI), a subsidiary of Coal India, has invited bids for design, engineering, procurement and supply, construction and...

July 15, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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SJVN Invites Bids for 1.2 GW ISTS-Connected Wind-Solar Hybrid Projects

SJVN has invited bids to select developers to set up 1,200 MW of Interstate Transmission System (ISTS)-connected wind-solar hybrid power projects in India. The last date...

July 15, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions

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Wind

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