Author Archives: Arjun Joshi
About Arjun Joshi
Arjun Joshi is a staff reporter at Mercom India. Before joining Mercom, he worked as a technical writer for enterprise resource software companies based in India and abroad. He holds a bachelor’s degree in Journalism, Psychology, and Optional English from Garden City University, Bangalore. More articles from Arjun Joshi.
Reliance, Ola, Hyundai, Rajesh Exports Win Bid to Set Up 50 GWh of ACC for Energy Storage
Reliance New Energy Solar, Ola Electric Mobility, Hyundai Global Motors, and Rajesh Exports have been approved by the Ministry of Heavy Industries (MHI) for receiving incentives under the production-linked incentive ...
Daily News Wrap-Up: TUSCO Signs Advisory Mandate with IFC for 600 MW of Solar Projects
Here are some noteworthy cleantech announcements of the day from around the world: TUSCO Limited signed an advisory mandate with International Finance Corporation (IFC). IFC will support TUSCO in developing ...
Tender Issued to Procure 1.3 GW Power from Wind & Solar Projects in Indiana
American Electric Power Service Corporation (AEPSC), on behalf of Indiana Michigan Power Company (I&M), has issued a request for proposal (RfP) to procure power from 800 MW of wind and ...
MIT Researchers Develop Water-Free and No Contact Method to Clean Solar Modules
Researchers from the Massachusetts Institute of Technology (MIT) have developed a method that uses static electricity to keep solar panels free of dust, removing the need for cleaning with water ...
Mumbai Releases Climate Action Plan to Zero Out Carbon Emissions by 2050
The Brihanmumbai Municipal Corporation (BMC) and the Maharashtra government announced their first-ever climate action plan, the Mumbai Climate Action Plan (MCAP), to zero out carbon emissions by 2050. This makes ...
Tender Issued for 1.5 MW Hydroelectric and 100 MW Floating Solar Project
Navi Mumbai Municipal Corporation (NMMC) has issued a request for proposal (RfP) for commissioning a 1.5 MW hydroelectric power project and a 100 MW floating solar project at Morbe dam ...
Ministry of Power Recommends Uniform Slab of 5% GST on All Renewable Energy Components
The Ministry of Power (MoP) informed that it would be writing to the Department of Revenue recommending a uniform slab of 5% goods and services tax (GST) on all renewable ...
EPC Tender Issued for a 16 MW Solar Project in Mora, Gujarat
Gujarat State Electricity Corporation Limited (GSECL) has issued a request for selection (RfS) for engineering, procurement, and construction (EPC) contractors to install and commission a 16 MW grid-connected solar power ...
Daily News Wrap-Up: PLI for the Auto Sector to Accelerate Investments for EVs
Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Heavy Industries has notified that the Production Linked Incentive (PLI) Program for the automobile ...
Uttarakhand Commission Proposes Amendments to Deviation Settlement Mechanism
The Uttarakhand Electricity Regulatory Commission has issued a draft amendment to its Deviation Settlement Mechanism and Related Matters Regulations, 2017. Stakeholders have time until March 22, 2022, to submit their ...
EPC Tender Issued for 30 MW of Solar Projects in Gujarat
Gujarat State Electricity Corporation Limited (GSECL) has issued a request for selection (RfS) seeking bids from engineering, procurement, and construction (EPC) contractors to install and commission 30 MW grid-connected solar ...
Maharashtra Regulator Approves Tariff Adoption for MSEDCL’s 500 MW Solar Auction
The Maharashtra Electricity Regulatory Commission (MERC) has allowed Maharashtra State Electricity Distribution Company (MSEDCL) to adopt the tariff discovered through a competitive bidding process for procuring power from 500 MW ...
SECI Seeks Short-Term Working Capital Credit Facility of ₹5 Billion
Solar Energy Corporation of India (SECI) has issued a request for proposals seeking quotations for a short-term working capital credit facility of up to ₹5 billion (~$65.56 million). The credit ...
NALCO Issues Tender for Grid-Connected Rooftop Solar Projects
National Aluminium Company Limited (NALCO) has issued a request for proposal (RfP) for installing grid-connected rooftop solar projects of 995 kW at NALCO’s refinery complex in Damanjodi and 100 kW ...
Ministry Issues Guidelines to Procure Power from Battery Energy Storage Systems
The Ministry of Power has issued guidelines to procure and utilize battery energy storage systems (BESS) as part of the generation, transmission, and distribution assets, along with ancillary services. The ...
Average Cost to Develop Large-Scale Solar Projects Up by 21.6% YoY in Q4 2021
The average cost of large-scale solar projects in the fourth quarter of 2021 (Q4 2021) was approximately ₹43 million (~$566,008)/MW, according to Mercom's recently released 2021 Q4 and Annual India ...
MNRE Amends Bidding Guidelines to Procure Power from Hybrid Projects
The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for a tariff-based competitive bidding process for power procurement from grid-connected solar-wind hybrid projects. The guideline has been ...
France Announces Rooftop and Ground-Mounted Solar Auction Winners
France’s Ministry of Ecological and Solidarity Transition has announced the winners of its first round of auction for commercial and industrial (C&I) rooftop solar and ground-mounted solar projects for the 2021-26 period under ...
Solar Cell Manufacturer Jupiter Raises ₹1.7 Billion from Edelweiss Group
Solar cell manufacturer Jupiter International raised ₹1.7 billion (~$22.19 million) from funds managed by Edelweiss Alternative Asset Advisors (EAAA). The capital raised includes debt and a convertible to equity instrument ...
US Solar Industry Grows by 19% YoY with 23.6 GW Installed in 2021
According to the latest U.S. Solar Market Insight report, released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the U.S. solar sector has installed a record 23.6 GW of ...
Kerala and Maharashtra State Budgets Focus on Renewable Energy Expansion
In the recent state budget announcements, Kerala and Maharashtra took the lead to allocate finances to encourage renewable energy and electric vehicle (EV) advancements in the state. While the budget ...
Ministry of Power Issues Rules to Plan Communication Systems for Transmission Networks
The Ministry of Power (MoP) has formulated guidelines for planning communication systems for new and existing inter-state transmission systems (ISTS) to help define their categories and the corresponding approval procedure ...
Empanelment Tender for 10 MW of Residential Rooftop Solar Systems in Himachal Pradesh
The Himachal Pradesh Energy Development Agency (HIMURJA) has issued a notice inviting tender for empanelment of vendors to design, supply, erect, and commission 10 MW of residential rooftop solar systems ...
SoftBank’s Renewable Energy Platform Receives $600 Million Equity Investment from Ares
SB Energy, SoftBank Group's U.S. Climate Infrastructure Technology platform, announced that funds managed by the Infrastructure and Power strategy of Ares Management Corporation are leading a strategic equity investment of ...
Investments in the Indian Solar Sector Increased by 254% YoY in 2021
Investments in the Indian solar sector increased by an impressive 254% in the calendar year (CY) 2021 compared to CY 2020, according to Mercom India Research’s latest 2021 Q4 and ...
