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Daily News Wrap-Up: NTPC’s 1.5 GW Wind-Solar Hybrid Auction Results

ABC Cleantech (Axis Energy), Juniper Green Energy, ACME Cleantech Solutions, and ReNew Solar Power (ReNew) were declared winners in NTPC’s auction for the supply of 1.5...

March 14, 2024

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Mercom Staff

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Daily Wrap-up
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Maharashtra Invites Bids to Procure 500 MW Wind-Solar Hybrid Power

Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids to procure 500 MW of wind-solar hybrid power on a long-term basis from grid-connected...

March 12, 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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US Solar Module Imports Surge, Nearly Doubling to 50 GW in 2023

The U.S. added a record 42 GW of renewable energy capacity in 2023, with solar installations accounting for the majority, according to a recent report by Bloomberg New...

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Surat Municipal Corporation Issues Tender for 6.3 MW Wind Power Project

The Surat Municipal Corporation (SMC) has invited bids to provide, install, and activate a 6.3 MW maximum capacity wind power project, including all associated...

March 4, 2024

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Gautamee Hazarika

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Tenders & Auctions

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Wind
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U-Solar, Ryse Energy Partner for Hybrid Renewable Project in Sri Lanka

India-based solar energy developer and EPC company U-Solar Clean Energy Solutions has partnered with Ryse Energy, a distributor of renewable energy solutions...

March 4, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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CERC Unveils Draft Renewable Energy Tariff Regulations 2024

The Central Electricity Regulatory Commission (CERC) has formulated the draft regulations to determine the tariff for renewable energy projects in 2024. These...

February 23, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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US Forecast to Add 36 GW of Utility-scale Solar Capacity in 2024

According to the U.S. Energy Information Administration (EIA), the outlook for 2024 suggests a dynamic and transformative period for the country’s energy landscape, with...

February 22, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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ReNew Narrows Q3 Net Loss on Higher Tariffs and Lower Module Prices

Independent renewable power producer ReNew Energy narrowed its net loss by 19% to ₹3.2 billion (~$39 million) in the third quarter (Q3) of the financial year (FY) 2024...

February 21, 2024

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Staff

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Finance and M&A

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Renewable Energy
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SECI Issues Tender for 1.2 GW of ISTS-Connected Wind-Solar Hybrid Projects

The Solar Energy Corporation of India (SECI) has invited bids to develop 1,200 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects...

February 20, 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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Executives On the Move in the Renewables Industry

Sunsure Energy, a leading independent renewable energy producer with a focus on the commercial and industrial (C&I) sector in India, recently announced that Manoj...

February 15, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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India’s 500 GW Non-fossil Energy Target Moved to 2031-32

The government has moved the target year to install 500 GW of non-fossil energy capacity to 2031-32 from 2030, Union Minister for Power and New & Renewable Energy R...

February 9, 2024

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B.S. Nagaraj

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Markets & Policy

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Renewable Energy
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Solar’s Share in Renewable Capacity Increases Marginally to 40% in 2023

Solar power accounted for 16.9% of the total installed power capacity and 40.1% of the total installed renewable capacity at the end of December 2023. Solar power’s...

February 9, 2024

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Debojyoti Nath

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Markets & Policy

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Mercom Research Focus

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Solar
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Tamil Nadu Regulator Unveils Rules for Wind and Solar Integration

The Tamil Nadu Electricity Regulatory Commission (TNERC) has unveiled the Forecasting, Scheduling, and Deviation Settlement and related matters for Wind and Solar...

February 7, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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Delays in Power Supply Commencement from Renewable Projects Won’t Face Penalties

The Ministry of Power (MoP) has amended the guidelines to the tariff-based competitive bidding process for the procurement of firm and dispatchable renewable power from...

February 6, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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NTPC’s Renewable Arm Floats Tender to Procure 1 GW Wind-Solar Hybrid Power

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has invited bids for the selection of hybrid power generators for the supply of 1,000 MW power from inter-state...

February 2, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions

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