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JSW Energy’s Q4 Profits Up 22% as Renewable Generation Surges by 124%
May 8, 2024
Solid Power’s Q1 Net Loss Widens as Battery Tech Commercialization Nears
May 8, 2024
Waaree Partners with Ecofy to Solarize 10,000 Household Rooftops
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RERC Approves Purchase of 3 GW of Solar Power Under PM KUSUM
May 8, 2024
Fuel Cell Firm Ballard Posts $14.5 Million Revenue, Proposes New 3 GW Facility
May 8, 2024
India’s solar market witnessed the emergence of new leaders in the calendar year 2023, according to Mercom’s recently released India Solar Market Leaderboard 2024, showcasing intense competition for market dominance. T...
May 6, 2024
Markets & Policy
PM Surya Ghar Program: MNRE Announces New Vendor Registration GuidelinesThe Ministry of New and Renewable Energy (MNRE) has announced new guidelines for vendor registration under the recently approved PM Surya Ghar: Muft Bijli Yojana rooftop solar program. The program, with an outlay of ₹750 billion (...
May 8, 2024
Markets & Policy
Delhi High Court Quashes CBIC’s Revocation of Duty Deferment for Solar ProjectsThe Delhi High Court has quashed a Customs Department circular and show cause notices issued by the Central Board of Indirect Taxes and Customs (CBIC) revoking the permission for solar developers to warehouse imported solar module...
May 8, 2024
Market & Policy
CERC Orders Compensation to Azure for Bird Diverters Installed in GIB RegionThe Central Electricity Regulatory Commission (CERC) has issued an order directing Solar Energy Corporation of India (SECI) and distribution companies to compensate Azure Power‘s special purpose vehicle companies, Azure Powe...
May 8, 2024
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Tender & Auctions
RERC Approves Purchase of 3 GW of Solar Power Under PM KUSUM
Mercom Insights
India’s Solar Market Sees New Leaders Rise in 2023: Mercom Report
Energy Storage
Solid Power’s Q1 Net Loss Widens as Battery Tech Commercialization Nears
Latest News
Independent power producer JSW Energy reported a net profit of ₹3.43 billion (~$41.07 million), a jump of 22% year-over-year (YoY) in the fourth quarter (Q4) of the financial year (FY) 2023-24 due to a strong performance in the renewables segment....
May 8, 2024
Solid Power, which develops solid-state battery technology for electric vehicles, reported a net loss for the first quarter (Q1) of 2024 that widened to $21.2 million from $19.2 million, reflecting an 11% increase year-over-year, primarily driven by...
May 8, 2024
India-based solar module manufacturer Waaree Energies has partnered with Ecofy, a non-banking financial company supported by Eversource Capital, to fund environmentally positive projects. Ecofy is investing ₹ $1 billion (~$11.9 million) in this...
May 8, 2024
Rajasthan Electricity Regulatory Commission (RERC) has approved Jodhpur Vidyut Vitran Nigam’s (JdVVNL) petition to purchase 2,929.8 MW of power from 1,111 solar projects under Component-C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan...
May 8, 2024
Fuel cell manufacturer Ballard Power Systems recorded a net loss from continuing operations in the first quarter (Q1) of 2024 amounted to $41.1 million, recording an increase of 26.8% year-over-year (YoY) compared to a net loss of $32.4 million. The...
May 8, 2024
Railway Energy Management Company (REMC), a joint venture between RITES and the Ministry of Railways, has invited bids to hire consultancy services for conducting a technical condition assessment and health analysis of 13 wind turbine generators at...
May 8, 2024
Consumers with a minimum contracted demand or sanctioned load of 100 kW can access Green Energy Open Access, according to the Meghalaya State Electricity Regulatory Commission (Terms and Conditions of Green Energy Open Access) Regulations, 2023....
May 8, 2024
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