Author Archives: Arjun Joshi

About Arjun Joshi

Arjun Joshi, Staff reporter at Mercom India More articles from 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.

arjun@mercomindia.com

@arjun_sheelajoe

Investments are Imperative to Achieve India's Ambitions Solar Target

Investments are Imperative to Achieve India’s Ambitious Solar Target

Foreign investors have been teaming up with local independent power producers to tap into India's booming solar market.  Riding on the heels of a growing economy and strong support from ...
/ / Finance and M&A, Solar
Tata Power's Revenue from Renewables Business Up 48% YoY in Q1 FY23

Tata Power’s Revenue from Renewables Business Up 31% YoY in Q1 FY23

Tata Power has recorded consolidated revenues of ₹147.53 billion (~$1.84 billion) in the first quarter (Q1) of the financial year (FY) 2023, a 48% year-over-year (YoY) growth compared to ₹99.74 ...
/ / Finance and M&A, Other
NTPC Tenders 1,150 MW of Solar and 150 MW150 MWh Battery Energy Storage in Cuba

NTPC Tenders 1,150 MW of Solar and 150 MW/150 MWh Battery Energy Storage in Cuba

NTPC has issued a request for qualification (RfQ) to select developers to set up 1,150 MW grid-connected solar power projects across 175 locations and 150 MW/150 MWh battery energy storage ...
Will Closed Bidding in Place of E-Reverse Auctions Boost the Indian Wind Sector

Will Closed Bidding in Place of E-Reverse Auctions Boost the Indian Wind Sector?

Five years after it was introduced, the government has decided to consider alternative options for e-reverse auctions following complaints from the industry that it is leading to unviable tariffs due ...
/ / Wind
BlackRock and Mubadala’s Acquisition of 11.43% Stake in Tata Power Renewables Approved

BlackRock and Mubadala’s Acquisition of 11.43% Stake in Tata Power Renewables Approved

The Competition Commission of India (CCI) has approved the acquisition of an 11.43% stake in Tata Power Renewable Energy by Greenforest New Energies Bidco. Greenforest New Energies is an investment ...
Additional Surcharge of ₹1.20/kWh Proposed for Open Access Projects in Uttarakhand

Additional Surcharge of ₹1.20/kWh Proposed for Open Access Projects in Uttarakhand

The Uttarakhand Electricity Regulatory Commission (UERC) has invited comments on Uttarakhand Power Corporation’s (UPCL) proposal to levy an additional surcharge of ₹1.20 (~$0.016)/kWh on consumers sourcing power through open access ...
/ / Open Access, Solar
IEX Reports 11% YoY Increase in Profit for Q1 FY23, Trades 22.2 BU of Power

IEX Reports 11% YoY Increase in Profit for Q1 FY23, Trades 22.2 BU of Power

The Indian Energy Exchange (IEX) has reported an 11.3% year-on-year (YoY) increase in profit after tax from ₹621 million (~$7.78 million) to ₹691 million (~$8.66 million) in the first quarter ...
/ / Other, Renewable Energy
MasTec to Acquire Infrastructure and Energy Alternatives for $1.1 Billion

MasTec to Acquire Infrastructure and Energy Alternatives for $1.1 Billion

Renewable energy construction company MasTec is acquiring renewable energy and infrastructure services provider Infrastructure and Energy Alternatives (IEA) for $1.1 billion. MasTec will acquire all of the outstanding shares of IEA ...
Emerging Solar Technologies Can Improve Power Generation and Revenues

Emerging Solar Technologies Can Improve Power Generation and Revenues

Solar energy has emerged as a clean, sustainable, and powerful alternative to fossil fuels. Sunlight can meet the world's energy demands with various technologies to harvest solar energy. The first ...
/ / Markets & Policy, Solar
Vertical Scaling of Solar Manufacturing Vital to India Meeting its Ambitious Targets

Vertical Scaling of Solar Manufacturing Vital to India Meeting its Ambitious Targets

In November 2020, the central government approved the Production-Linked Incentive (PLI) program for ten critical sectors to enhance India's manufacturing capabilities and exports under the Atmanirbhar Bharat initiative. Solar has ...
/ / Other, Renewable Energy
Power Ministry Notifies Wind, Hydro and Energy Storage Purchase Obligation Up to 2030

Power Ministry Notifies Wind, Hydro and Energy Storage Purchase Obligation Up to 2030

The Ministry of Power (MoP) has issued the Renewable Purchase Obligation (RPO) and Energy Storage Obligation (ESO) until the financial year 2029-2030. A committee under the co-chairmanship of secretaries of ...
Regulator Approves Purchase of 1,692 MW of Solar Power by Telangana DISCOMs

Regulator Approves Purchase of 1,692 MW of Solar Power by Telangana DISCOMs

The Telangana State Electricity Regulatory Commission (TSERC) has approved power usage agreements (PUAs) between Telangana distribution companies (DISCOMs), and NTPC for the purchase of 1,692 MW of solar power from ...
/ / Markets & Policy, Solar
Dubai to Invest $11 Billion to Expand Clean Energy Projects

Dubai to Invest $11 Billion to Expand Clean Energy Projects

Dubai Electricity and Water Authority (DEWA) plans to invest AED 40 billion (~$10.88 billion) on capital expenditure in the next five years, including expanding renewable and clean energy projects. According ...
Robotic Cleaning Can Maximize Energy Yield & Reduce O&M Cost of Solar Projects

Robotic Cleaning Can Maximize Energy Yield & Reduce O&M Cost of Solar Projects

Solar power projects need efficient operations and careful maintenance after being commissioned to maximize energy yield through the project's useful life. Dust and dirt that settle on solar modules reduce ...
/ / Markets & Policy, Solar
Daily News Wrap-Up: Ministry Proposes Alerting System for EVs to Caution Those Nearby

Daily News Wrap-Up: Ministry Proposes Alerting System for EVs to Caution Those Nearby

Here are some noteworthy cleantech announcements of the day from around the world: Electric vehicles in India should have an Acoustic Vehicle Alerting System loud enough to alert pedestrians and ...
/ / Other, Renewable Energy
Power plant using renewable solar energy with sun

Renewable Projects Remain Cost-Competitive Through 2021 Amid Fuel Crisis

Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices were yet to impact project costs fully. The cost of electricity from onshore wind ...
/ / Other, Renewable Energy
Hybrid Projects Can Ensure Higher Grid Stability and Solve Intermittency Issues

Hybrid Projects Can Ensure Higher Grid Stability and Solve Intermittency Issues

The intermittent nature of standalone wind and solar power sources has made wind-solar hybrid projects more attractive as they provide a longer-duration power supply and maximize resources. The renewable industry ...
/ / Grid, Market & Policy
Ola to Set up $500 Million Battery Innovation Center in Bangalore

Ola to Set up $500 Million Battery Innovation Center in Bengaluru

Bengaluru-based electric vehicle (EV) manufacturer Ola Electric announced that it will invest $500 million in setting up a state-of-the-art Battery Innovation Center (BIC) in Bengaluru. According to the company, the ...
EU Member States Raise €5.4 Billion Funding To Develop Hydrogen Value Chain

EU Member States Raise €5.4 Billion Funding To Develop Hydrogen Value Chain

The European Commission has approved €5.40 billion (~$5.47 billion) in funding for the 'IPCEI Hy2Tech’ project to support research, innovation, and the first industrial deployment in the hydrogen technology value ...
/ / Other, Renewable Energy
Bids Invited for a 2 MW Floating Solar Project in Chandigarh

Bids Invited for a 2 MW Floating Solar Project in Chandigarh

Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST) has issued a tender for installing a 2 MW canal top solar project with high power evacuation. The project will ...
Daily News Wrap-Up: GreenZo Energy to Develop 50 MW Green Hydrogen Projects in Nepal

Daily News Wrap-Up: GreenZo Energy to Develop 50 MW Green Hydrogen Projects in Nepal

Here are some noteworthy cleantech announcements of the day from around the world: GreenZo Energy inked an agreement with Nepal-based renewable energy company API Power to develop 50 MW green ...
/ / Other, Renewable Energy
Domestic Solar Modules Need to be of Optimum Price and Quality

Domestic Solar Modules Need to be of Optimum Price and Quality

The government is pushing to establish a domestic solar manufacturing base for high-efficiency solar modules and reduce the renewable energy sector’s import dependence. Some of the initiatives devised to support ...
/ / Markets & Policy, Solar
European Union Urged to Rethink the Structure of its Energy Markets

European Union Urged to Rethink the Structure of its Energy Markets

Energy storage company Fluence Energy and nine other energy market organizations have written to European policymakers to rethink the structure of European energy markets and the REPowerEU plan. In a ...
/ / Other, Renewable Energy
SECI Payouts to Solar and Wind Developers Spike to ₹9 Billion in June 2022

SECI Payouts to Solar and Wind Developers Spike to ₹9 Billion in June 2022

The Solar Energy Corporation of India (SECI) disbursed ₹9.13 billion (~$114.78 million) to solar and wind power generators for the power purchased in June 2022. The disbursed amount accounted for ...
/ / Other, Renewable Energy
India Likely to Have Energy Surplus of 2.9% During 2022-23 CEA

India Likely to Have Energy Surplus of 2.9% During 2022-23: CEA

India is likely to have an energy surplus of 2.9% and a peak surplus of 3.4% for the year 2022-23, according to the Central Electricity Authority’s (CEA) latest Load Generation ...
/ / Markets & Policy, Solar