ReNew Power

Japan’s JERA Invests $200 Million in ReNew Power

JERA, a joint venture company of two of Japan’s largest utility companies – Tokyo Electric Power and Chubu Electric Power, invested $200 million for a 10 percent stake in India’s ...
/ / Finance and M&A, Other
shipping containers

CEEW: Solar Tariffs, Domestic Manufacturing and Jobs Expected to Increase after GST Rollout

Solar tariffs are expected to see a rise of 10 percent once the Goods and Services Tax (GST) is rolled out, according to a study by the Council on Energy, ...
/ / Other, Renewable Energy
Cumulative RE Installations

Cumulative Renewable Energy Installations Cross 50 GW in India

The share of renewable power in India’s energy mix continues to increase with cumulative installations now exceeding 50 GW. The solar sector is witnessing installations and project commissioning at a ...
/ / Other, Renewable Energy
Mercom Exclusive Rooftop

Mercom Exclusive: Elimination of Key Subsidies Adds to Challenges Faced by Rooftop Solar in India

The government of India in 2014 revised the national solar installation target from 22 GW to an aggressive 100 GW by 2022. The target was split between large-scale solar (60 ...
/ / Mercom Research Focus, Other
Month In A Minute

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in January 2017

Important Headlines and Data Points from the Indian Renewable Sector in January 2017 Solar Energy Corporation of India (SECI) released the list of successful developers for the 500 MW rooftop ...
/ / Other, Renewable Energy
Bonds

2017-18 Budget a Disappointment for the Indian Renewable Energy Sector

Overall, India’s 2017-18 budget is a disappointment for renewable energy sector. There were no major subsidies or incentives announced. There had been hope that reduction in accelerated depreciation and the ...
/ / Markets & Policy, Other
Lending rates

Solar Lending Rates Witness Slight Dip in the last Quarter

The Indian solar sector witnessed a slight dip in lending rates over the last quarter (Oct-Dec 2016). The average interest rates for solar projects came down slightly compared to the ...
/ / Finance and M&A, Other
Finance

ADB Approves $390 Million Financing Package for ReNew Power to Develop 709 MW of Solar and Wind in India

The Asian Development Bank (ADB) has approved a $390 million (~Rs.26.54 billion) financing package for ReNew Power, an Indian renewable energy project developer. The funds will be utilized to develop ...
/ / Finance and M&A, Other
Hindustan Salts Limited to Tap Developer for 100 MW Wind Project in Gujarat

Hindustan Salts Limited to Tap Developer for 100 MW Wind Project in Gujarat

Hindustan Salts Limited, a Government of India-owned company, has invited expression of interest from wind power developers to construct and develop a 100 MW wind power project in Kharaghoda, Gujarat ...
/ / Other, Wind
NREDCAP Tenders 4 MW of Wind in AP

NREDCAP Tenders 4 MW of Wind in Andhra Pradesh

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has tendered a 4 MW wind project in Andhra Pradesh. The bid-submission deadline is January 18, 2017. The estimated ...
/ / Other, Wind
Mercom Forecasts Over 9 GW of Solar Installations in India for 2017

Mercom Forecasts Over 9 GW of Solar Installations in India for 2017

2016 Solar Installations to Come in at Approximately 4 GW Mercom Capital Group, a global clean energy communications and research firm, today released its quarterly update on the Indian solar ...
Welspun Energy Divestment

Welspun Enterprises to Divest Entire 15.49 Percent Stake in Welspun Energy

Welspun Enterprises, an infrastructure company, has announced that it is going to divest its entire 15.49 percent stake in Welspun Energy, an independent power company. The Board of Directors has, ...
/ / Finance and M&A, Other
Incomplete Solar Park Infrastructure Affecting Large-Scale Project Development in India

Mercom Exclusive: Incomplete Solar Park Infrastructure Affecting Large-Scale Project Development in India

India is targeting 100 GW of solar by 2022, out of which 20 GW has been allocated to solar parks. The Ministry of New and Renewable Energy (MNRE) is considering ...
/ / Mercom Research Focus, Other
SECI Invites Tenders to Set Up 1,000 MW of Interstate Transmission System Connected Wind Projects

SECI Invites Tenders to Set Up 1,000 MW of Interstate Transmission System Connected Wind Projects

The Solar Energy Corporation of India (SECI) has invited tenders to set up 1,000 MW of Inter-State Transmission System (ISTS)-connected wind power projects. The development is in line with Ministry ...
/ / Other, Wind
Mercom Releases White Paper on India Solar Market at Intersolar India

Mercom Releases White Paper on India Solar Market at Intersolar India

Mercom India, an exclusive knowledge partner of Intersolar India, has released a whitepaper - India Solar Market Drivers and Challenges, in partnership with the Intersolar India conference, held in Mumbai ...
India's Renewable Energy Installed Capacity Doubles with the Inclusion of Hydro

India’s Renewable Energy Installed Capacity Doubles with the Inclusion of Hydro

At the recently conducted Power Ministers’ conference in Goa, Hydro power has been granted renewable energy status. It was also decided that a separate renewable energy purchase obligation (RPO) should ...
/ / Other, Other Energy
Kerala

Kerala Targets 1 GW in Renewable Energy Installations to Meet Energy Demand

The renewable energy sector in Kerala could soon get a boost. The state plans to set up close to 1,000 MW of renewable energy projects comprising of solar and wind ...
/ / Other, Other Energy
Forecast

Cumulative Solar Installations in India Reach 3,000 MW, Mercom Capital Group Forecasts Installations to Double in 2015

Mercom Capital Group, a global clean energy communications and consulting firm, released its quarterly update on the Indian solar market. Cumulative solar installations in India crossed the 3 GW mark ...
/ / Mercom Research Focus, Other
renewable survey

Commercial and Residential Consumers Say it is Important for India to Develop and Use Solar Power, Mercom Capital Group’s India Consumer Survey Reveals

The “India Consumer Perceptions on Renewable Energy Survey,” conducted by Mercom Communications India, a wholly-owned subsidiary of Mercom Capital Group, llc, a global communications and consulting firm, focused on gauging ...
/ / Other, Renewable Energy
Solar

94 Percent of Commercial Establishments say Steady Power Can Bring an Improvement in Their Business Mercom Capital Group’s India Consumer Survey Reveals

The “India Consumer Perceptions on Renewable Energy Survey,” conducted by Mercom Communications India, a wholly-owned subsidiary of Mercom Capital Group, llc, a global communications and consulting firm, focused on gauging ...
/ / Other, Renewable Energy
Survey

Mercom Capital Group’s India Consumer Survey Reveals Consumer Attitudes Towards Renewable Energy Sources, Impact of Power on Business

Mercom Capital Group, llc, a global communications and consulting firm, released results of a consumer awareness study on renewable energy focused on gauging people’s and businesses’ perception and attitudes toward ...
/ / Other, Renewable Energy
wind turbines

Wind Sector VC Funding Reaches $455 Million in 2013, Project Funding $18.1 Billion

Strong IPO activity in wind sector in 2013 Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) ...
/ / Other, Wind
Wind sector VC funding comes in at $135 million in Q3 2013, project funding totals $3.7 billion, reports Mercom Capital Group

Wind sector VC funding comes in at $135 million in Q3 2013, project funding totals $3.7 billion, reports Mercom Capital Group

Wind sector sees strong IPO activity Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for ...
/ / Other, Wind
windrader

Wind sector VC funding comes in at $210 million in Q2 2013, strong project acquisition activity

Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the wind sector during the second ...
/ / Other, Wind
Funding Wind

Mercom Capital Group Reports Second Quarter 2012 Funding and M&A Activity for the Wind Sector – Indian companies active in VC and M&A transactions

Mercom Capital Group, llc, a global communications and consulting firm, today released its report on funding and merger and acquisition (M&A) activity for the wind sector during the second quarter ...
/ / Other, Wind