captive

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Jabalpur Municipal Corporation Floats Consultancy Tender for 10 MW Solar Projects

The Municipal Corporation of Jabalpur has invited proposals from eligible consultants to set up 10 MW solar projects under captive/net metering mode to supply power to...

February 1, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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KPI Green’s Net Profit Increases 64% YoY to ₹347 Million in Q2 FY24

Renewable energy solutions provider KPI Green Energy posted a net profit of ₹347.5 million (~$4.2 million) in the second quarter (Q2) of the financial year (FY) 2024, an...

November 6, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Supreme Court Clarifies Ownership, Consumption Terms for Captive Power Projects

In a recent ruling, the Supreme Court of India reaffirmed that a user who owns 26% of a captive power-generating project and utilizes 51% of its electricity could be...

October 11, 2023

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Rakesh Ranjan

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Market & Policy

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Solar
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Ayana to Supply 100 MW RTC Renewable Power to Hindalco’s Smelters in Odisha

Ayana Renewable Power, an India-based independent power producer, has signed a power purchase agreement with Hindalco Industries, the metals flagship company of Aditya...

September 4, 2023

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Satish Shetty

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Other

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Renewable Energy
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Andhra Regulator Notifies Amendments to RPO Compliance Regulations 2022

The Andhra Pradesh Electricity Regulatory Commission (APERC) has notified the amendments to the Renewable Power Purchase Obligation Compliance by Purchase of Renewable...

July 19, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Each User Mandated to Own 26% Shareholding in Group Captive Power Project

Each captive power user, even in a group captive structure of open access, must now hold a minimum ownership of 26%, according to the amendments to the Electricity Rules,...

July 6, 2023

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Rakesh Ranjan

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Open Access

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Solar
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Small Capacities Make Up 22% of 601 MW of Solar Added in France in Q1 2023

France installed 601 MW of solar capacity in the first quarter (Q1) of 2023, compared to 596 MW installed in the same period of the previous year. Solar generated 3.6...

June 2, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Consumers with Aggregate Demand of 100 kW Can Avail Green Energy Open Access

The Ministry of Power has amended the green energy open access rules to enable consumers with a total contracted demand or sanctioned load of 100 kW or above to avail...

May 25, 2023

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Arjun Joshi

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Markets & Policy

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Open Access
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Airtel Increases Stake in Avaada’s Captive Renewable Energy Project

Nxtra Data, a subsidiary of telecom company Bharti Airtel, has acquired an additional stake of 5.464% in Avaada MHAmravati, a subsidiary of Avaada Energy, for ₹23.9...

March 31, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Welspun to Procure Renewable Power from CleanMax Under Captive Model

Textile company Welspun India has acquired a 26% stake in CleanMax Thanos (CTPL) for ₹38 million (~$458,713) to procure renewable energy through open access under the...

January 2, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Daily News Wrap-Up: Tender Clauses Amended for KUSUM Solar Pumps Program

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy announced amendments to the tender provisions...

October 31, 2022

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Satish Shetty

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Other

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Renewable Energy
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Electricity Tariff Hike Could Nudge Tamil Nadu C&I Entities to Adopt Solar Open Access

Commercial and industrial (C&I) consumers in Tamil Nadu are considering switching to solar open access projects under captive and group captive mode as opposed to...

September 22, 2022

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Vijayalakshmi Sridhar

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Markets & Policy

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Mercom Research Focus

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Solar
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Bids Invited for 16 MW of Rooftop Solar Systems in Hyderabad

Telangana State Renewable Energy Development Corporation (TSREDCO) has invited bids to install and commission 16 MW of grid-connected rooftop solar systems on the...

September 20, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Oriano Commissions 70 MW Captive Solar Project for Hira Group in Chhattisgarh

Oriano, a solar engineering, procurement, and construction (EPC) services provider, commissioned a 70 MW captive solar power project at Kakrel, Nawagaon, and Baigatola...

August 23, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Saint Gobain India to Procure Solar Power for its Unit in Tamil Nadu

Cleantech Solar, a provider of renewable energy solutions in India and Southeast Asia, has commissioned an 18.7 MW solar project at its solar park in Tamil Nadu for...

August 23, 2022

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Vijayalakshmi Sridhar

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Markets & Policy

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Solar

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