Other

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Doubling Transmission Capacity of Existing Grid Through Reconductoring: Report

Advances in grid technologies offer promising solutions to augment the existing transmission infrastructure swiftly and cost-effectively. One such solution highlighted...

April 16, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: BJP, Congress Bet Big on Renewables in Election Manifestos

Ahead of the seven-phase elections to the Lok Sabha, India’s lower house of Parliament, starting April 17, 2024, the two major political parties in the fray have...

April 16, 2024

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Mercom Staff

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Daily Wrap-up
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BJP, Congress Bet Big on Renewables in 2024 Election Manifestos

Ahead of the seven-phase elections to the Lok Sabha, India’s lower house of Parliament, starting April 17, 2024, the two major political parties in the fray have...

April 15, 2024

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B.S. Nagaraj

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Other

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Renewable Energy
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Daily News Wrap-Up: REIL Invites Bids for 200,000 Mono PERC Solar Cells

Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the state of Rajasthan, has invited bids for the supply of 200,...

April 15, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: MNRE Adds 4.1 GW of New Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 4,104 MW of new solar module capacity. The...

April 12, 2024

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Mercom Staff

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Daily Wrap-up
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AutoNxt Secures Pre-Series A Funding to Finance Electric Tractor Launch

AutoNxt Automation, a Maharashtra-based e-mobility tech startup, has raised funds in a Pre-Series A funding round to finance the launch of its first electric tractor...

April 11, 2024

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Mercom Staff

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: REC Records Highest-Ever Loan Approvals in FY24

Public infrastructure finance company REC Limited recorded its highest-ever loan approvals totaling ₹3.58 trillion (~$43.02 billion) in the financial year 2023-24, a...

April 11, 2024

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Mercom Staff

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Daily Wrap-up
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REC Records Six-Fold Jump in Renewable Energy Loan Approvals in FY24

Public infrastructure finance company REC Limited recorded its highest-ever loan approvals totaling ₹3.58 trillion (~$43.02 billion) in the financial year (FY) 2023-24,...

April 10, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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SJVN Green Forms JV with Assam DISCOM to Develop Renewable Projects

SJVN Green Energy (SGEL), a wholly owned subsidiary of SJVN, has signed a joint venture and shareholders agreement with Assam Power Distribution Company (APDCL) to...

April 10, 2024

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Satish Shetty

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Markets & Policy

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Other

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Renewable Energy
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Funding and M&A Roundup: Torus Raises $67 Million to Advance Energy Storage Solutions

From: Mercom Capital Group Torus, a Utah-based energy storage solutions provider, has secured $67 million in new equity, conversion of outstanding notes, and a loan...

April 10, 2024

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Top States for Solar Open Access Installations in 2023

India added 3.2 GW of new solar open access capacity in 2023, the most in any calendar year to date, with the top five states accounting for 84.2% of the new installed...

April 10, 2024

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Mercom Staff

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Daily Wrap-up
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JSW Energy Raises ₹50 Billion in Qualified Institutional Placement

JSW Energy, a private sector power producer, has completed a ₹50 billion (~$600 million) qualified institutions placement (QIP), attracting strong interest from marquee...

April 8, 2024

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Staff

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Finance and M&A
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EU Launches Anti-Subsidy Probes into Chinese Solar Firms

The European Commission has launched two in-depth investigations into Chinese solar component manufacturers who may have benefited from state subsidies to win a bid to...

April 8, 2024

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B.S. Nagaraj

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Other

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Renewable Energy
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Daily News Wrap-Up: SJVN Green’s Tender for 100 MW Solar Project in Rajasthan

SJVN Green Energy, a wholly-owned subsidiary of SJVN, has invited bids to commission a 100 MW solar power project in the Didwana-Kuchaman District of Rajasthan. Bidders...

April 8, 2024

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Mercom Staff

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Daily Wrap-up
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DISCOM Dues to Power Generators in March 2024 Drop to ₹778 Billion

State distribution companies (DISCOMs) owed power generators ₹778.57 billion (~$9.34 billion) in total dues for the monthly billing cycle in March 2024, according to...

April 5, 2024

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Arjun Joshi

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Grid

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Other

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