Mercom Research Focus
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India’s Total Solar Module Manufacturing Capacity Reached 64.5 GW in 2023

India added 20.8 GW of solar modules and 3.2 GW of solar cell capacity in calendar year (CY) 2023, according to the recently released State of Solar PV Manufacturing in India 2024 Report by Mercom India Research. The country&#8217...

March 28, 2024

Tenders and Auctions

Torrent Power Wins 450 MW Wind-Solar Hybrid Projects at ₹3.65/kWh

Gujarat-based power company Torrent Power has won the auction for the purchase of 300 MW of power from wind-solar hybrid energy projects, with a greenshoe option of up to 150 MW from its own distribution unit by quoting ₹3.65 (~$0...

March 29, 2024

Solar

SJVN Invites Bids for 600 MW Firm Power Supply from Renewables with Storage

SJVN has invited bids to select renewable energy developers to supply 600 MW firm and dispatchable power from inter-state transmission system (ISTS)-connected renewable energy projects with energy storage systems under tariff-base...

March 28, 2024

Markets & Policy

MNRE Allows Solar Mini Grid Installations for Tribal Habitations

The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for the implementation of the solar power program for particularly vulnerable tribal group (PVTG) habitations/villages under the Prime Minister’s Jan...

March 27, 2024

Latest News

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IREDA Board Approves ₹242 Billion Borrowing Program for FY 2024-25

The government-owned lender Indian Renewable Energy Development Agency’s (IREDA) Board, in its recent deliberation, has approved a borrowing program totaling up to ₹242 Billion (~$2.9 billion) for the fiscal year (FY) 2024-25. The borrowing...

March 29, 2024

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Daily News Wrap-Up: India’s Solar Module Manufacturing Capacity Reaches 64.5 GW

India added 20.8 GW of solar modules and 3.2 GW of solar cell capacity in the calendar year 2023, according to the recently released State of Solar PV Manufacturing in India 2024 Report by Mercom India Research. The country’s cumulative solar module...

March 29, 2024

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Strong Inverter Sales Drive SMA Solar’s Revenue Growth in 2023

Germany-based solar energy equipment supplier SMA Solar Technology reported a 79% jump in its 2023 revenue on the back of strong inverter sales. The company’s full-year revenue came at €1.9 billion (~$2 billion) from €1.1 billion (~$1.2...

March 28, 2024

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SJVN Issues Tender for 600 MW ISTS-Connected Wind Projects

SJVN, a joint venture of the Government of India and the government of Himachal Pradesh, has invited bids from developers who can set up 600 MW Inter-state transmission system-connected wind projects in India on a build-own-operate basis. The last...

March 28, 2024

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Chemical Used for Water Treatment Could Find Application in Iron-based Flow Batteries

Researchers at the U.S. Department of Energy’s (DOE) Pacific Northwest National Laboratory (PNNL) have repurposed nitrogenous triphosphate or nitrilotri-methylphosphonic acid (NTMPA), which is commonly used in water treatment facilities, for...

March 28, 2024

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Daily News Wrap-Up: MNRE Allows Solar Mini Grid Installations for Tribal Areas

The Ministry of New and Renewable Energy has amended the guidelines for the implementation of the solar power program for particularly vulnerable tribal group habitations/villages under the Prime Minister’s Jan Shakti Nidhi initiative. The...

March 28, 2024

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Maharashtra Invites Bids for 400 MW Rooftop Solar Projects

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has invited bids for the discovery of tariffs and selection of project developers to implement 400 MW grid-connected rooftop solar systems under the renewable energy service...

March 27, 2024

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