LATEST HEADLINES
Daily News Wrap-Up: RUMSL Invites Bids to Develop 170 MW Solar Project
Apr 26, 2024
Captive Segment Growth Drives KPI Green’s Profit Up 36% in Q4 FY24
Apr 26, 2024
CERC Grants Connectivity for 300 MW Solar Project Citing Force Majeure Events
Apr 25, 2024
Hitachi Energy Invests $1.5 Billion to Meet Surging Transformer Demand
Apr 25, 2024
US Aims to Slash Grid Interconnection Timeline from 33 to Under 12 Months by 2030
Apr 25, 2024
The global energy storage sector witnessed a 432% increase year-over-year (YoY) in corporate funding, totaling $11.7 billion across 29 transactions, from $2.2 billion in 27 deals. The findings were published in Mercom Capital̵...
April 26, 2024
Mercom Research Focus
Solar Sector Records 81% Drop in VC Funding in Q1, Corporate Funding Down by 4%The solar sector secured $8.1 billion in corporate funding through 41 transactions in the first quarter (Q1) of 2024, marking a 4% decrease from the $8.4 billion raised in 42 deals during the same period in 2023. However, there wa...
April 22, 2024
Mercom Research Focus
Burdensome Regulations and Delays Jeopardize Telangana’s Solar Open Access ProjectsAt a time when solar open-access installations are gaining traction across the country, developers with small-capacity projects in Telangana say the inordinate delay in adhering to regulatory frameworks by distribution companies (...
April 24, 2024
Markets & Policy
US Solar Manufacturers File Trade Petition Against Solar Imports From Southeast AsiaIn a significant move aimed at protecting the burgeoning U.S. solar manufacturing sector, the American Alliance for Solar Manufacturing Trade Committee has filed anti-dumping and countervailing duty petitions against solar imports...
April 26, 2024
Trending News
March 22, 2024
Tender & Auctions
RUMSL Issues Tender for 170 MW Solar Project at Neemuch
Mercom Insights
Corporate Funding in Energy Storage Sector Surges Five-Fold to $11.7 Billion in Q1
Grid
Corporate Funding in Energy Storage Sector Surges Five-Fold to $11.7 Billion in Q1
April 23, 2024
Energy Storage
Corporate Funding in Energy Storage Sector Surges Five-Fold to $11.7 Billion in Q1
Latest News
Rewa Ultra Mega Solar (RUMSL) has issued a request for proposal to develop a 170 MW grid-connected ground-mounted solar photovoltaic project in the Neemuch Solar Park in Madhya Pradesh. The power generated from the project will be procured by Madhya...
April 26, 2024
Renewable energy solutions provider KPI Green Energy posted a revenue of ₹2.93 billion (~$35.16 million) in the fourth quarter (Q4) of the financial year (FY) 2023-24, an increase of 59% year-over-year (YoY). The company’s net profit for the...
April 26, 2024
The Central Electricity Regulatory Commission (CERC) relaxed rules, allowing ACME Solar (ACME) to switch the connectivity of its 300 MW solar power project to the land route, considering their substantial progress and commitment to the project. The...
April 25, 2024
Hitachi Energy, a subsidiary of Japan-based conglomerate Hitachi, will ramp up its global manufacturing capacity for transformers with a $1.5 billion investment by 2027, as a long queue for grid interconnections, particularly from renewables, is...
April 25, 2024
The U.S. Department of Energy (DOE) has introduced a comprehensive roadmap to expedite the integration of clean energy sources into the national transmission grid. The Transmission Interconnection Roadmap outlines solutions for aligning...
April 25, 2024
China installed 45.74 GW of solar power capacity in the first quarter of 2024, a 35.8% year-over-year growth, according to the National Energy Administration. The country also installed 15.5 GW of wind, 6.39 GW of thermal, and 1.81 GW of...
April 25, 2024
Rewa Ultra Mega Solar (RUMSL) has issued a request for proposal (RFP) to develop a 170 MW grid-connected ground-mounted solar photovoltaic project in the Neemuch Solar Park in Madhya Pradesh. The power generated from the project will be procured by...
April 25, 2024
Following years of fluctuation in the energy market, power purchase agreement (PPA) prices in North America were stable during the first quarter (Q1) of 2024. P25 solar and wind PPA offer prices increased less than 1% during the quarter, according...
April 25, 2024
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