NTPC Renewable Energy (NTPC REL) has invited bids for land and power evacuation packages for NTPC Green Energy’s (NGEL) 240 MW solar projects with battery energy storage systems (BESS) in Devikot, Rajasthan. The last date to submit bids is April 29,...

Hero MotoCorp has announced an investment of ₹5.25 billion (~$61.06 million) in Euler Motors to expand into the electric three-wheeler market. The investment will be made in one or more tranches for Hero MotoCorp to acquire a 32.5% stake on a fully...

The U.S. energy storage market hit a new record with 12.3 GW installations across all segments in 2024, according to the latest U.S. Energy Storage Monitor report from the American Clean Power Association (ACP) and Wood Mackenzie. The country’s...

The Karnataka Electricity Regulatory Commission (KERC) has proposed a tariff of ₹2.3 (~$0.026)/kWh for rooftop solar projects under PM Surya Ghar: Muft Bijli Yojana with a maximum capacity of 2 kW, ₹2.48 (~$0.028)/KWh for projects between 2 kW and 3...

The Central Electricity Regulatory Commission (CERC) has determined a generic tariff of ₹7.87 (~$0.091)/kWh for NTPC Green Energy’s 50 MW Rajgarh solar project. Although the petitioner, NTPC Green, argued for higher tariffs based on different...

The Central Electricity Regulatory Commission (CERC) has approved the adoption of tariffs ranging from ₹2.52 (~$0.0292)/kWh to ₹2.53 (~$0.0294)/kWh for NHPC’s 3 GW grid-connected solar projects. The Commission also approved a trading margin of ₹0.07...

Transmission and distribution company Adani Energy Solutions has won a power transmission project from PFC Consulting to supply 3 GW of renewable energy to produce green hydrogen and green ammonia in Mundra, Gujarat. This project involves upgrading...

In the fourth quarter (Q4) of calendar year 2024, the average cost of large-scale solar power projects in India fell over 8% year-over-year (YoY), according to Mercom’s recently released Q4 and Annual 2024 India Solar Market Update. However, the...

Continuing the trend of municipal corporations tapping the market to raise funds for infrastructure and green energy initiatives, the Agra Nagar Nigam is proposing a ₹500 million (~$5.8 million) municipal bond issue to part-finance a 7.5 MW solar...