Microsoft to Buy Power from 100 MW Solar Project Being Built by Amplus Solar

Microsoft to Buy Power from 100 MW Solar Project Being Built by Amplus Solar

Amplus Solar, a subsidiary of Malaysian oil and gas conglomerate Petronas, and Microsoft Corporation signed a long-term renewable energy agreement for a 100 MW solar project which Amplus is developing ...
/ / Finance and M&A, Solar
Tata Power, Fourth Partner, Amplus, Orb Energy - Top Rooftop Solar Installers in 1H 2021

Tata Power, Fourth Partner, Amplus, Orb Energy – Top Rooftop Solar Installers in 1H 2021

Tata Power Solar, Fourth Partner Energy, Amplus Solar, and Orb Energy were the top rooftop solar installers in India in the first half of the calendar year (CY) 2021, according ...
Amplus Acquires 17 Rooftop Solar Projects from Sterling and Wilson

Amplus Acquires 17 Rooftop Solar Projects from Sterling and Wilson

Solar developer Amplus Solar has announced the acquisition of 17 on-site operational solar projects from Sterling and Wilson Private Limited. Spread over Haryana, Punjab, Madhya Pradesh, Rajasthan, Maharashtra, Telangana, and ...
/ / Finance and M&A, Solar
Haryana Sets Levelized Tariff of ₹2.48_kWh for Amplus Sun's 50 MW of Solar Projects

Haryana Sets Levelized Tariff of ₹2.48/kWh for Amplus Sun’s 50 MW of Solar Projects

The Haryana Electricity Regulatory Commission (HERC) has approved a tariff of ₹2.48 (~$0.034)/kWh for 50 MW of Amplus Sun Solutions' solar power projects in Bhiwani, Haryana, after re-examining the capital ...
Daily News Wrap-Up_ Amplus First to Trades on Green Term-Ahead Market

Daily News Wrap-Up: Amplus First to Trade on Green Term-Ahead Market

Here are some noteworthy cleantech news and announcements of the day from around the world: Amplus Solar said that it became the first solar generator to trade solar electricity on ...
/ / Other, Renewable Energy
Restrictive Policies a Hindrance for Rooftop Solar_ Amplus Interview

Restrictive Policies a Hindrance for Rooftop Solar: Amplus Interview

The ongoing economic slowdown, uncertainties in policies, and regulatory hurdles have slowed down the pace of rooftop installations. Rooftop installations currently account for nearly 12% of total solar installations in ...
/ / Markets & Policy, Solar
Amplus Invests ₹5 billion in an Open Access Solar Project in Uttar Pradesh

Amplus Invests ₹5 billion in an Open Access Solar Project in Uttar Pradesh

Amplus Energy Solutions has invested in its second open access solar project of 100 MW in Deoria district, Uttar Pradesh (UP). The investment in this project amounts to nearly ₹5 ...
Amplus to Develop 150 MW of Solar Projects in Haryana as State Waives Open Access Charges

Amplus to Develop 150 MW of Solar Projects in Haryana as State Waives Open Access Charges

Amplus Energy Solutions has decided to make the most of the waiver provided to open access solar photovoltaic (PV) projects in Haryana. The company has secured an approval from the ...
ADB to Provide $11.5 Million for 50 MW of Solar Projects in Kazakhstan

Amplus Signs Pact with Norway’s Kongsberg to Utilize Efficiency Enhancing Applications

Amplus Energy Solutions has signed a Memorandum of Understanding (MoU) with Norway’s Kongsberg Digital to utilize efficiency enhancing applications available in Kongsberg’s digital ecosystem, Kognifai. Gurgaon-based Amplus will explore opportunities ...
/ / Energy Efficiency, Other
Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China

Malaysia’s PETRONAS Acquires Singapore’s Distributed Solar Company Amplus Energy

Malaysia’s state-owned oil and gas company, PETRONAS, has announced the acquisition of Singapore-based Amplus Energy Solutions Pte Ltd (M+). In a media statement issued by PETRONAS, the company stated that ...
/ / Finance and M&A, Solar
Suzlon Solar

Suzlon Partners with Amplus Solar To Develop 15 MW Solar Project

Suzlon, a wind turbine manufacturer and renewable energy project developer, has entered into a joint venture (JV) with AMP Solar, a global renewable power provider, to develop and construct a ...
/ / Solar, Utility Scale
Daily News Wrap-Up: SECI Annuls Tender for Green Hydrogen-Based Pilot Project in Leh

Daily News Wrap-Up: SECI Annuls Tender for Green Hydrogen-Based Pilot Project in Leh

Here are some noteworthy cleantech announcements of the day from around the world: Solar Energy Corporation of India (SECI) announced the annulment of the request for proposal (RfS) to set ...
Month in a Minute Top Headlines from the Indian Renewables Sector in May 2022

Month in a Minute: Top Headlines from the Indian Renewables Sector in May 2022

Here is a recap of some of the most important headlines from May 2022: The Ministry of New and Renewable Energy issued draft guidelines for the second phase (Tranche II) ...
Tata Power Solar, Fourth Partner, Sunsure Were Leading Rooftop Solar Companies in 2021

Tata Power Solar, Fourth Partner, Sunsure Were Leading Rooftop Solar Companies in 2021

Tata Power Solar, Fourth Partner Energy, Sunsure Energy, Amplus Solar, and Jakson Solar emerged as the top solar rooftop companies in India in the calendar year (CY) 2021, according to Mercom's ...
Uttar Pradesh Regulator Allows Solar Energy Generator to Withdraw Banked Energy

Uttar Pradesh Regulator Allows Solar Energy Generator to Withdraw Banked Energy

The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent petition, heard a solar energy generator's request to withdraw the banked power. The Commission ruled that appropriate treatment of the ...
/ / Markets & Policy, Solar
Renewable Energy Industry Mostly Upbeat with Budget 2022 Industry Reactions

Renewable Energy Industry Mostly Upbeat with Budget 2022: Industry Reactions

The Union Budget for the financial year (FY) 2022-23 presented by Finance Minister Nirmala Sithararman has been well received by the renewable industry. Some of the important points proposed in ...
Tariffs, Tax Breaks, & Incentives Solar Sector Has Big Expectations from 2022 Budget

Tariffs, Tax Breaks, & Incentives: Solar Sector Has Big Expectations from Budget 2022

India is looking at some large capacity additions in the years ahead to reach the target of 300 GW of solar by 2030. The country’s cumulative installed solar capacity at ...
Tax and Duty Relief Top of the Budget 2022 Wishlist of Energy Storage Companies

Tax and Duty Relief Top of the Budget 2022 Wishlist of Energy Storage Companies

The Indian energy storage market did not gain much ground in 2021. However, energy storage developers believe 2022 will witness higher capacity additions. According to Mercom India Research, India has only 20 MW ...
Industry Expects Energy Storage to Gain More Ground in 2022

Industry Expects Energy Storage to Gain More Ground in 2022

India's renewable energy capacity is growing exponentially, driven by the ambitious target of achieving 500 GW of non-fossil energy capacity by 2030. Energy storage is expected to play a critical ...
India's Solar Industry is Betting BIG on 2022

India’s Solar Industry is Betting BIG on 2022

The challenges during the year notwithstanding, 2021 turned out to be one of the better years for the Indian solar industry. The outlook for 2022 looks promising, according to stakeholders ...
Peak & Off-peak Hours Specified for Energy Banking of an Open Access Solar Project

Peak & Off-peak Hours Specified for Energy Banking of an Open Access Solar Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has ruled that peak hours for banking and withdrawal of energy would be from 18:00 to 24:00 and off-peak hours from 00:00 to ...
/ / Markets & Policy, Solar
Haryana Sets Levelized Tariff of ₹2.86/kWh for a 50 MW Solar Project

Haryana Sets Levelized Tariff of ₹2.86/kWh for a 50 MW Solar Project

The Haryana Electricity Regulatory Commission (HERC) has set a levelized tariff of ₹2.86 (~$0.038)/kWh for a 50 MW solar project in Haryana's Sirsa district. Avaada Green HN Project Private, a ...
/ / Markets & Policy, Solar
Time for Open Access Solar is Now for C&I Segment in the Wake of Coal Crisis

Time for Open Access Solar is Now for C&I Segment in the Wake of Coal Crisis

The power crisis triggered by depleting coal stocks in thermal plants appears to have eased to some extent, but it has provided a wake-up call to the Indian industrial sector ...
If Coal Shortage Impacts Power Consumption, Can Solar Save The Day

If Coal Shortage Impacts Power Consumption, Can Solar Save the Day?

India is seeing a surge in power demand, with industrial and economic activity picking up pace in the past few months. But thermal power plants are in a crisis as ...
/ / Mercom Research Focus, Other
Haryana Sets Levelized Tariff of ₹2.58kWh for a 20 MW Solar Project

Haryana Sets Levelized Tariff of ₹2.58/kWh for a 20 MW Solar Project

The Haryana Electricity Regulatory Commission (HERC) has set a tariff of ₹2.58 (~$0.035)/kWh for 20 MW of LR Energy's solar project. The tariff was determined after examining the capital cost component ...
/ / Markets & Policy, Solar