O&M Tender Issued for a 10 MW Solar Project in West Bengal

O&M Tender Issued for a 10 MW Solar Project in West Bengal

West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids for comprehensive operation and maintenance (O&M) of a 10 MW solar project at Haptiagachh, Uttar Dinajpur, West Bengal. The ...
/ / Solar, Tenders & Auctions
Electric Vehicle Sector Lays Out Expectations for Budget 2022

Electric Vehicle Sector Lays Out Expectations for Budget 2022

The Indian electric vehicle (EV) industry is expecting favorable announcements as the Union Finance Minister, Nirmala Sitharaman, is set to present that Budget 2022 on February 1. Last year proved ...
/ / Electric Vehicles, Grid
Government Approves Equity Infusion of ₹10 Billion in Solar Energy Corporation of India

Government Approves Equity Infusion of ₹10 Billion in Solar Energy Corporation of India

The Ministry of New and Renewable Energy (MNRE) has announced that the government has approved an equity infusion of ₹10 billion (~$ 134.11 million) in Solar Energy Corporation of India ...
/ / Other, Renewable Energy
EVs Gear Up for a Breakthrough Year in 2022

EVs Gear Up for a Breakthrough Year in 2022

The increasing number of green number plates on Indian roads is the best testament to the new vehicle buyers’ growing inclination towards electric vehicles (EVs). Though the number of vehicles ...
/ / Mercom Research Focus, Other
Better Tariff Structures and Policies are Driving the Growth of Open Access

Better Tariff Structures and Policies are Driving the Growth of Solar Open Access

India installed 307 MW of open access solar capacity in the third quarter (Q3) of the calendar year (CY) 2021, registering a 47% increase compared to 209 MW installed in ...
Daily News Wrap-Up: Solar Component Manufacturer RenewSys Adds New Encapsulant Line

Daily News Wrap-Up: Solar Component Manufacturer RenewSys Adds New Encapsulant Line

Here are some noteworthy cleantech announcements of the day from around the world: Photovoltaic (PV) module and component (encapsulant and backsheet) manufacturer RenewSys India commissioned a new encapsulant line. The ...
/ / Other, Renewable Energy
DISCOM Asked to Pay the Differential Amount for a Bagasse-Based Generation Project

DISCOM Asked to Pay the Differential Amount for a Bagasse-Based Generation Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed the state distribution company (DISCOM) to pay the differential amount between November 2017 to June 2018 to Gobind Sugar Mills as ...
/ / Other, Renewable Energy
State DISCOM Directed to Pay Solar Developer Differential Tariff as per the PPA

State DISCOM Directed to Pay Solar Developer Differential Tariff as per the PPA

The Karnataka Electricity Regulatory Commission (KERC) recently ruled that a solar developer was entitled to a tariff of ₹8.40 (~$0.113)/kWh from the Gulbarga Electricity Supply Company (GESCOM) from the date ...
/ / Markets & Policy, Solar
Empanelment Tender Issued for 15 MW of Residential Rooftop Solar Projects

Empanelment Tender Issued for 15 MW of Residential Rooftop Solar Projects

Chamundeshwari Electricity Supply Corporation Limited (CESC) has invited bids to empanel vendors to install 15 MW of grid-connected residential rooftop solar systems under the Phase-II of Grid Connected Rooftop Solar ...
/ / Solar, Tenders & Auctions
Funding and M&A Roundup: Factorial Energy Raises $200 Million for Solid-State Battery

Funding and M&A Roundup: Factorial Energy Raises $200 Million for Solid-State Battery

From: Mercom Capital Group Factorial Energy, a solid-state battery company, raised $200 million in a Series D funding round led by Mercedes-Benz (DAI) and Stellantis. Funding will be used to accelerate commercial production ...
/ / Finance and M&A, Solar
8minute Solar Energy Raises $400 Million from EIG

8minute Solar Energy Raises $400 Million from EIG

8minute Solar Energy, a US-based solar energy company, announced closing $400 million in financing from EIG, a U.S.-based institutional investor. The funding agreement includes a portion of growth equity and a ...
/ / Finance and M&A, Solar
Bids Invited for Evaluation of Programs Under National Solar Mission

Bids Invited for Evaluation of Programs Under National Solar Mission

The Development Monitoring and Evaluation Office (DMEO) has invited bids from consultants to evaluate programs under the National Solar Mission of the Ministry of New and Renewable Energy (MNRE). The ...
/ / Solar, Tenders & Auctions
Project Finance Brief: Cordelio Power Acquires a 900 MW Solar Project Pipeline

Project Finance Brief: Cordelio Power Acquires a 900 MW Solar Project Pipeline

From: Mercom Capital Group Cordelio Power, a renewable power producer, acquired a 900 MW pipeline of utility-scale solar projects from SunEast Renewables, a solar project developer. The projects are located primarily in New ...
/ / Finance and M&A, Solar
Daily News Wrap-Up Verizon Signs Renewable Energy PPAs Totaling 910 MW

Daily News Wrap-Up: Verizon Signs Renewable Energy PPAs Totaling 910 MW

Here are some noteworthy cleantech announcements of the day from around the world: Verizon Communications has signed seven new renewable energy purchase agreements (REPAs) for 910 MW of renewable energy ...
/ / Other, Renewable Energy
Amp Energy Closes $350 Million Credit Facility to Boost its Renewable Assets

Amp Energy Closes $350 Million Credit Facility to Boost its Renewable Assets

Amp Energy, a Toronto-based renewable energy assets owner and developer, announced the closure of an innovative $350 million cross-jurisdictional credit facility with a consortium of leading institutional investors. The consortium ...
/ / Finance and M&A, Other
EoI Invited for Installation of New Renewable Energy Technologies in Kerala

EoI Invited for Installation of New Renewable Energy Technologies in Kerala

The Agency for New and Renewable Energy Research and Technology (ANERT) has invited expressions of interest (EoIs) to select agencies to implement new and innovative renewable energy technologies on a ...
/ / Other, Renewable Energy
Hero MotoCorp invests ₹4.2 Billion in Ather Energy as it Prepares for its EV Launch

Hero MotoCorp invests ₹4.2 Billion in Ather Energy as it Prepares for its EV Launch

Hero MotoCorp, a manufacturer of motorcycles and scooters, is investing ₹4.2 billion (~$56.44 million) in Ather Energy, an electric two-wheeler manufacturer. The company’s board approved the investment in one or ...
/ / Electric Vehicles, Grid
Tender Floated to Deploy 5,585 Electric Buses Across Five Major Cities

Tender Floated to Deploy 5,585 Electric Buses Across Five Major Cities

Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids under the ‘Grand Challenge’ program to select bus operators for the procurement, operation, ...
/ / Electric Vehicles, Grid
MNRE Offers Residential Consumers Freedom of Choice to Select Rooftop Solar Installers

MNRE Offers Residential Consumers Freedom of Choice to Select Rooftop Solar Installers

The Ministry of New and Renewable Energy (MNRE) has announced that residential consumers could install rooftop solar systems through vendors of their choice. They can inform the distribution company (DISCOM) ...
/ / Rooftop, Solar
China Installed 53 GW of Solar Capacity in 2021, Braces for a Post-Subsidy Era in 2022

China Installed 53 GW of Solar Capacity in 2021, Braces for a Post-Subsidy Era in 2022

Being the first year of China's 14th five-year plan (2021-25), 2021 witnessed several developments that could have deep ramifications for the solar industry in the country. One of the major ...
/ / Markets & Policy, Solar
Warren Buffett’s MidAmerican Energy Plans a $3.9 Billion Renewable Energy Project

Warren Buffett’s MidAmerican Energy Plans a $3.9 Billion Renewable Energy Project

MidAmerican Energy, a subsidiary of Warren Buffett’s Berkshire Hathaway Energy, announced its plans for a $3.9 billion renewable energy project in Iowa, United States. The proposed project called ‘Wind PRIME’ ...
/ / Other, Renewable Energy
EoI Invited to Develop 120 MW of Solar Projects Along Maharashtra Prosperity Corridor

EoI Invited to Develop 120 MW of Solar Projects Along Maharashtra Prosperity Corridor

Maharashtra State Road Development Corporation Limited (MSRDC) has issued an expression of interest to develop 120 MW of solar projects on land available across the 701-kilometer Hindu Hrudaysamrat Balasaheb Thackeray ...
/ / Markets & Policy, Solar
Daily News Wrap-Up: India, Denmark to Initiate Joint R&D on Green Hydrogen

Daily News Wrap-Up: India, Denmark to Initiate Joint R&D on Green Hydrogen

Here are some noteworthy cleantech announcements of the day from around the world: India and Denmark agreed to initiate joint research and development on green fuels, including green hydrogen, during ...
/ / Other, Renewable Energy
Rajasthan Electronics Invites Bids for Supply of 100,000 Mono PERC Solar Cells

Rajasthan Electronics Invites Bids for Supply of 100,000 Mono PERC Solar Cells

Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the state and central government, has invited bids for the supply of 100,000 monocrystalline passivated emitter and rear cell (PERC) ...
/ / Solar, Tenders & Auctions
ReNew Power and Fluence Form JV to Offer Energy Storage Solutions

ReNew Power and Fluence Form JV to Offer Energy Storage Solutions

Indian renewable energy developer ReNew Power has announced that it has entered into an agreement with Fluence, a provider of energy storage products and services, to form a joint venture ...