ACME is the Winner in SECI’s 75 MW Solar Auction Quoting a Tariff of ₹3.32/kWh
ACME Solar Holdings, an independent power producer (IPP) has won a SECI auction to develop 75 MW of solar projects in Parasan Solar Park, located in the state of Uttar ...
Indian Solar Sector Received Over $10 Billion in Financing During 2017
In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update ...
600 MW of Solar Projects Synchronized to the Grid at Karnataka’s Pavagada Park
Solar projects aggregating 600 MW have been grid-synchronized at the Pavagada Solar Park in Karnataka’s Tumkur district so far, bringing the park one step closer to reaching its full planned ...
IREDA Files IPO Papers with SEBI
Proceeding with its plan of launching an Initial Public Offering (IPO), the Indian Renewable Energy Development Agency (IREDA) has filed a draft red herring prospectus with the Securities and Exchange ...
In-Depth Report: Development Status of 2 GW Pavagada Solar Park and Projects
Mercom recently visited the Pavagada Solar Park, and gained valuable insight into the nuances and challenges of park development. When complete, Pavagada will be the largest solar park in the ...
Month in a Minute: Top Headlines From the Indian Renewable Energy Sector in October 2017
Here is a list of important headlines, developments and data points from India’s renewable energy sector during October 2017. ACME Solar Holdings announced that it is looking to raise $337 ...
Electric Vehicles – The Next Big Cleantech Opportunity in India
The electric vehicle (EV) market in India is slowly beginning to gain momentum after three years of relative inaction. However, India still lags far behind other nations when it comes ...
ACME Commissions Two Solar Projects Totaling 100 MW in Telangana
ACME Cleantech Solutions commissioned two solar projects totaling 100 MW in Telangana. The solar project developer commissioned a 50 MW project at Nirmal substation in the Adilabad district and another ...
Tata Power and Adani Top the List of India Solar Project Developers
As utility-scale solar in India takes off, two large power conglomerates – Tata Power and Adani – are leading project development activity. Cumulative large-scale solar installations reached ~13.6 GW in ...
SECI Looks to Repeat Its Success With Another 750 MW Solar Tender at Bhadla Solar Park
The Solar Energy Corporation of India (SECI) has tendered another 750 MW of solar at Bhadla. The capacity tendered includes, 500 MW of solar at Bhadla Phase-III solar park and ...
Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in May 2017
The Asian Development Bank (ADB) approved a $100 million (~Rs.6.46 billion) loan to the Punjab National Bank (PNB) to finance large solar rooftop systems on industrial and commercial buildings across ...
Breaking: New Record Low Solar Tariff of Rs.2.44 (~$0.037)/kWh Set at the 500 MW Bhadla Phase-III Solar Park Auction in India
Solar tariff in India has now breached Rs.2.50 (~$0.038)/kWh mark. Within a week solar tariff declined from Rs.2.62 (~$0.0405)/kWh to Rs.2.44 (~$0.037)/kWh. In the 500 MW Bhadla Phase-III Solar Park ...
Top 20 Developers Account for Almost 60 percent of all Operating Large-Scale Solar Projects in India
Utility scale solar in India has seen exponential growth over the past two years with 4.3 GW of solar installed in calendar year 2016. India’s total installed solar capacity is ...
Mercom Exclusive: Solar Tariffs in India Have Fallen by 73 Percent Since 2010
India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first ...
New Record Low Solar Tariff of Rs.3.30/kWh Logged at Rewa Solar Park Auction in Madhya Pradesh
First Year Tariff of Rs.2.97/kWh - One of the Lowest in the World In the recently concluded 750 MW Rewa Solar Park auction in Madhya Pradesh, bids reached a new ...
