green-energy

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In Clean Energy Push, Odisha Approves Project Proposals Worth ₹557 Billion

The Odisha government has given the green light to a number of green energy projects with a promised investment of roughly ₹557 billion (~$6.7 billion). Among the...

March 13, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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SJVN’s Subsidiary Invites Bids for Supply of Solar Modules for 1.96 GW Projects

SJVN Green Energy, a wholly owned subsidiary of SJVN, has invited bids for the manufacturing and supply of solar modules of a 1,960 MWdc capacity to be used in solar...

February 16, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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SJVN Green Invites Bids for 1.5 GW ISTS-Connected Wind-Solar Hybrid Projects

SJVN Green Energy, a subsidiary of SJVN, has invited bids to select  developers to set up 1,500 MW of Interstate Transmission System (ISTS)- connected wind and solar...

February 2, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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IEX Records 19% Jump in Q3 Profits, Trades 400 MU of Green Energy

The Indian Energy Exchange’s (IEX) profit after tax (PAT) demonstrated an uptrend, with an 18.9% year-over-year (YoY) increase, soaring to ₹918 million (~$11 million) in...

January 25, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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ACME, IHI Corporation Partner for Green Ammonia Supply from India to Japan

ACME Group, a renewable energy company, and IHI Corporation, a Japan-based integrated heavy industry group, have inked an offtake term sheet for the supply of green...

January 24, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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ReNew Refinances $325 Million Non-Convertible Debentures

Independent renewable power producer ReNew has refinanced Non-Convertible Debentures (NCDs) worth ₹23.91 billion (~$288.3 million), issued by its subsidiaries in October...

January 12, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Renewable Energy Trading on IEX Fell 38% YoY in December to 232 MU

The Indian Energy Exchange (IEX) traded 232 million units (MU) of green energy in December 2023, a 38% year-over-year (YoY) drop from 377 MU. The segment achieved a...

January 4, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Ambuja Cements to Invest ₹60 Billion on Green Energy Transition

Ambuja Cements, a cement company under Adani Group, has invested ₹60 billion (~$723 million) in renewable energy projects with a capacity of 1,000 MW. The projects will...

December 18, 2023

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Staff

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C&I

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Renewable Energy

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Uncategorized
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Residential Rooftop Solar Gains Momentum, Home Owners Go Green and Save Big

In major Indian cities, residential buildings and housing complexes are adopting rooftop solar solutions and transitioning towards clean energy. This transition is...

December 8, 2023

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Gautamee Hazarika

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Mercom Research Focus

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Rooftop

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Solar
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Graphite India Forays into Battery Tech with ₹500 Million Investment in GODI

Graphite India (GIL), a graphite electrode manufacturer, has entered into a definitive transaction to invest ₹500 million (~$6 million) in compulsory convertible...

December 6, 2023

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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: SJVN’s Tender to Acquire Land for 1 GW Solar Projects

SJVN Green Energy, a subsidiary of SJVN, has invited bids to acquire or lease 4,000 acres of land for 28 years with all statutory clearances, including chain link...

December 4, 2023

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Mercom Staff

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Daily Wrap-up
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Sembcorp to Acquire 428 MW Wind Assets in China and India

Singapore-based renewable energy company Sembcorp Industries has signed agreements to acquire 428 MW of wind energy assets in China and India through its subsidiaries,...

November 27, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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SJVN Green Energy Invites Bids for 300 MW ISTS-Connected Wind Projects

SJVN Green Energy, a subsidiary of SJVN, has invited bids to develop Inter-State Transmission System (ISTS)-connected wind power projects of up to 300 MW anywhere in...

November 17, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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IEX Records Lowest Green Energy Trade in 2023 at 188 MU in October, 53% YoY Drop

The renewable energy units traded at the Indian Energy Exchange (IEX) in October 2023 dropped further to 188 million units (MU), the lowest recorded in 2023, a 53.35%...

November 9, 2023

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Satish Shetty

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Other

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Renewable Energy
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Andhra Pradesh Regulator Issues Draft Green Energy Open Access Regulations

The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued a preliminary draft of the Green Energy Open Access, Charges, and Banking Regulations in 2023....

October 6, 2023

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy

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