steel

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Oriana Wins EPC Contract for 29 MW Solar Open Access Project in Karnataka

Oriana Power, a Noida-based renewable energy company, has secured a ₹1 billion (~$12.08 million) contract for the turnkey engineering, procurement, and construction...

September 11, 2023

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Staff

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Open Access

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Solar
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Solar, Wind, BESS Projects Using Made-in-US Content Eligible for a 10% Bonus

Solar, wind, and battery energy storage systems (BESS) projects in the United States will be eligible for a bonus credit of 10% of the project cost if they meet domestic...

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Net-Zero Emission Goal Requires Exponential Growth in Key Technologies

The net-zero industry will need exponential growth from carbon capture, hydrogen, and clean power technologies, a recent report by BloombergNEF (BNEF) said. The report...

April 25, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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EU’s New Carbon Deal Will Accelerate Exporters’ Transition to Renewables

The members of the European Parliament have reached a deal to implement the Carbon Border Adjustment Mechanism (CBAM) effective 2023, to incentivize non-EU countries to...

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Rollback of 15% Export Duty on Steel Likely to Push Prices Up

The solar power industry is expecting steel prices to rise but without any substantial impact on the project costs after the Ministry of Finance (Department of Revenue)...

November 21, 2022

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Rakesh Ranjan

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Manufacturing

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Solar
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Duty on Export of Steel Expected to Bring Down Cost of Solar Module Mounting Structures

The Ministry of Finance (Department of Revenue) has imposed a duty of 15% on the export of steel. The move is likely to bring down the prices of solar mounting...

May 25, 2022

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Rakesh Ranjan

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Manufacturing

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Solar
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Steel Industry Must Invest $278 Billion to Eliminate Carbon Emissions by 2050: BNEF

The global steel industry could eliminate carbon emissions by 2050 by investing $278 billion and using green hydrogen and recycling technologies, BloombergNEF (BNEF) has...

December 9, 2021

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Harsh Shukla

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Other

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Renewable Energy
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Steel Prices in China Easing on Weaker Demand After Steep Hike in September

Steel prices in China are returning to normal after a steep spike in September, which saw prices reach a high of almost CNY 6,000 (~$939)/ton, according to a report by...

October 30, 2021

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Rakesh Ranjan

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Other

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Other Energy
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Wind Turbine Prices to Increase by 10% as Commodity Prices Rise: Report

The prices of wind turbines are expected to increase by up to 10% over the next 12 to 18 months because of the rise in commodity prices, logistic costs, and Covid...

August 18, 2021

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Harsh Shukla

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Other

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Wind
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Solar Mounting Structures and Projects Impacted by Steel Prices and Iron Ore Shortages

Manufacturers of mounting structures for solar modules have been facing a severe shortage in a critical raw material – steel. The price volatility of this essential...

August 13, 2021

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Harsh Shukla

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Mercom Research Focus

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Other
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Commodity Prices to Continue Rising, Driving up Solar Component Costs

Over the last six months, the rising price trends in commodities, including steel, aluminum, and copper, have started to take a toll, increasing the burden on solar...

June 23, 2021

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Rakesh Ranjan

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Mercom Research Focus

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Other
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BHEL Issues Module Mounting Structures Tender for a 75 MW Solar Project

Bharat Heavy Electricals Limited (BHEL) has issued a request for quotation (RfQ) for the supply of module mounting structures for Gujarat State Electricity Corporation...

June 30, 2020

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Anjana Parikh

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Solar

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Tenders & Auctions

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