Daily Wrap Up

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Daily News Wrap-Up: Corporate Funding in the Solar Sector Dropped 24% YoY in 2024

Global corporate funding in the solar sector in 2024 reached $26.3 billion, a 24% year-over-year (YoY) decline from $34.4 billion, according to Mercom’s Annual and Q4...

January 22, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: MERC Allows Deviations in Adani’s 1 GW Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) approved Adani Electricity Mumbai Limited’s (AEML-D) deviations to procure 1,500 MW of power from renewable and...

January 21, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Tripura Floats Consultancy Tender for Pumped Storage Project

The Tripura Renewable Energy Department Agency invited bids for a pre-feasibility report for a pumped hydro storage project in the state. Bids must be submitted by...

January 20, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: KERC Stays Grid Support Charges on Captive Power Projects

The Karnataka Electricity Regulatory Commission stayed the imposition of grid support charges on captive power projects, including rooftop solar projects, that comply...

January 17, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Andhra High Court Rules Solar Projects Liable for 5% GST

The Andhra Pradesh High Court held that a solar power project does not qualify as a ‘works contract’ taxable at 18% goods and services tax (GST); instead, it is a...

January 16, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: CERC Procedure for Legacy Dues Recovery in DSM Pool

The Central Electricity Regulatory Commission reiterated that the approved methodology in the National Load Despatch Centre’s detailed procedure applies to all the...

January 15, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: JERC’s Draft Resource Adequacy Regulations for Goa and UTs

The Joint Electricity Regulatory Commission released draft resource adequacy regulations for the state of Goa and the union territories of Andaman and Nicobar,...

January 14, 2025

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Tina Freese

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Daily Wrap-up
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Daily News Wrap: Leading States in Solar-Powered Agriculture Under KUSUM Program

Maharashtra and Rajasthan are frontrunners in adopting the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program Component C, demonstrating...

January 13, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Karnataka High Court Strikes Down Open Access Rules

The Karnataka High Court struck down the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022, along with the Karnataka Electricity...

January 10, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Purvah Power Wins CESC’s 150 MW Hybrid Power Project

Purvah Green Power, a subsidiary of Kolkata-based power utility Calcutta Electric Supply Corporation (CESC), won a 150 MW interstate transmission system-connected...

January 9, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: SJVN’s 5.8 MW Rooftop Solar Auction Results

Teerth Gopicon and Reliance Industries won SJVN’s tender to develop 5,830 kW grid-connected solar projects under the PM Surya Ghar: Muft Bijli Yojana. Teerth Gopicon won...

January 8, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Telangana Issues Draft Renewable Energy Policy

The Telangana government has issued a draft policy renewable energy policy aiming to add 51 GW of renewable energy capacity by the financial year 2035. The Telangana...

January 7, 2025

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Melvin Mathew

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Daily Wrap-up
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Daily News Wrap-Up: Altra Xergi Power Wins SECI’s 8,000 MWh FDRE VI Auction

Altra Xergi Power (O2 Power) won the Solar Energy Corporation of India’s (SECI) auction for the assured peak supply of 8,000 MWh (2000 MW x 4 hours) of renewable energy...

January 6, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: GERC Approves PPA for Procuring 9 MW Hybrid Power

The Gujarat Electricity Regulatory Commission has approved the power purchase agreement between Jubilant Infrastructure, a wholly owned subsidiary of Jubilant Ingrevia,...

January 3, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Adani, AMPIN, Jindal Win NTPC’s 1.2 GW Hybrid Auction

JSP Green, Adyant Enersol, Green Prairie Energy IV, AMPIN Energy Utility, Adani Renewables Energy Holding Twelve won NTPC’s auction to supply 1,200 MW wind-solar hybrid...

January 2, 2025

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Mercom Staff

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Daily Wrap-up

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