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Hero, Zelestra, Juniper, ReNew, Avaada Win SJVN’s 1.2 GW FDRE II Auction

Hero Solar Energy, Ganeko Solar (Zelestra), Juniper Green Energy, ReNew, and Avaada won SJVN’s auction to supply 1,200 MW firm and dispatchable power from inter-state transmission system (ISTS)-connected renewable energy projects ...

October 9, 2024

Mercom Research Focus

Robust Solar Project Pipeline Drives India’s Module Manufacturing Capacity

India added 11.3 GW of solar modules and 2 GW of cell manufacturing capacity in the first half (1H) of 2024, according to Mercom India’s recently released research report, State of Solar PV Manufacturing in India 1H 2024. Th...

October 8, 2024

Markets & Policy

MNRE Clarifies Applicability of ALMM Order for Open Access Solar Projects

The Ministry of New and Renewable Energy (MNRE) has clarified that the Approved List of Models and Manufacturers (ALMM) Order will not apply to open access and net-metering solar power projects where the first application for the ...

October 14, 2024

Rooftop

KERC Issues Guidelines for Rooftop Aero Turbine Projects With and Without Solar

The Karnataka Electricity Regulatory Commission (KERC) has issued draft guidelines for implementing rooftop aero turbines with or without solar. RAT is a small-scale wind energy project installed on rooftops to generate electricit...

October 14, 2024

Latest News

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MERC Approves Tariffs for Procuring 1,601 MW of Wind-Solar Hybrid Power

The Maharashtra Electricity Regulatory Commission (MERC) has approved the tariffs of ₹3.60 (~$0.0428) to ₹3.62 (~$0.0431)/kWh for the Maharashtra State Electricity Distribution Company (MSEDCL) to procure 1,601 MW of wind-solar hybrid power....

October 15, 2024

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Avaada Energy Secures ₹6 Billion Refinancing for Solar Projects

Avaada Energy, the renewable energy arm of the Avaada Group, closed a ₹5.97 billion (~$71 million) refinancing deal with NIIF Infrastructure Finance (NIIF IFL) for its commercial and industrial solar projects in Karnataka and Maharashtra. The solar...

October 15, 2024

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JSW, Tata Power, Avaada, Juniper Win MSEDCL’s 1,650 MW Wind-Solar Auction

JSW Neo Energy (JSW Energy), Tata Power Renewable Energy, Avaada Energy, and Juniper Green Energy have won Maharashtra State Electricity Distribution Company’s (MSEDCL) auction to supply 1,650 MW of wind-solar hybrid power on a long-term basis from...

October 15, 2024

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Indian Oil, EverEnviro to Form Joint Venture for Compressed Biogas Production

Indian Oil Corporation (IOCL) has entered into a joint venture agreement with EverEnviro Resource Management to convert organic waste into compressed biogas (CBG). The agreement will pave the way for forming a 50:50 joint venture company to advance...

October 15, 2024

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MES Issues O&M Tender for 1.7 MW Solar Project at Palam Air Force Station

Military Engineer Services (MES) has invited bids for comprehensive maintenance of a 1.7 MW solar project at Air Force Station Palam, New Delhi. The last date for submitting bids is October 26, 2024. Bids will be opened on October 28. The...

October 15, 2024

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North Western Railway Floats Tender for 7.28 MW Rooftop Solar Systems  

The North Western Railway has invited bids for the installation of 7.28 MW grid-connected rooftop solar power systems at residential buildings in the Jaipur division. The last date to submit bids is November 5, 2024. Bids will be opened on the same...

October 15, 2024

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EPC Growth Drives Sterling and Wilson’s Profits for Third Straight Quarter

Sterling and Wilson Renewable Energy, the engineering, procurement, and construction (EPC) arm of the Shapoorji Pallonji Group, posted a net profit of ₹90 million (~$1.07 million) in the second quarter of the financial year (FY) 2025, swinging from...

October 15, 2024

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Daily News Wrap-Up: MNRE Adds 2.09 GW Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 2,094 MW of solar module capacity. The cumulative module manufacturing capacity under ALMM now stands at 58,422 MW. SAEL...

October 15, 2024

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IBM Acquires Renewable Energy Asset Management Platform Prescinto

IBM has announced its acquisition of Prescinto, a software-as-a-service (SaaS) provider for renewable energy asset performance management (APM). The acquisition will help IBM bolster its Maximo Application Suite (MAS), a comprehensive asset...

October 15, 2024

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MNRE Adds 2.09 GW of Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 2,094 MW of solar module capacity. The cumulative module manufacturing capacity under ALMM now stands at 58,422 MW. SAEL...

October 14, 2024

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