hero-future-energies

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BrightNight, ReNew, ACME Among Winners of NHPC’s 1.5 GW Renewables Auction

BN Hybrid Power-1 (BrightNight), Hero Solar Energy (Hero Future Energies), Solarcraft Power India 20 (BluPine Energy), Juniper Green Energy, ReNew Solar Power (ReNew),...

February 22, 2024

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Satish Shetty

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Renewable Energy

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Tenders and Auctions
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Hero Future Energies to Develop 10 MW/20 MWh Battery Energy Storage System in Kerala

Hero Future Energies (HFE), the renewable energy venture of Hero Group, was declared the winner of the auction conducted by the Kerala State Electricity Board (KSEBL)...

July 20, 2022

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Gourav Mishra

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Energy Storage

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Tenders & Auctions
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DISCOMs Owed ₹121.91 Billion to Renewable Generators at the End of June

Distribution companies (DISCOMs) owed ₹121.91 billion (~$1.63 billion) to renewable energy generators (excluding dispute amounts) in overdue payment across 256 pending...

August 2, 2021

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Harsh Shukla

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Grid

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Market & Policy
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AI-Driven Solar String Inverters to Lead the Way in the Coming Years

In a highly competitive solar industry where every cent counts, technologically advanced, cost-effective inverters that yield the maximum output is becoming the natural...

June 1, 2021

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Rakesh Ranjan

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Inverters & BOS

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Solar
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Adani, Hero Future Energies, and SB Energy: Top Utility-Scale Solar Developers in 2020

Large-scale solar projects accounted for 78% of the total installations in India with 2.52 GW in 2020. While the industry is upbeat about the prospects in 2021, the...

May 4, 2021

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Rakesh Ranjan

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Mercom Research Focus

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Other
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Solar Developers Desperately Need Access to Project Financing, Cheaper Funds

What lies ahead for the renewable energy sector in India? Will investments dry up, or will 2021 bring out the best for the sector? A discussion on these vital issues was...

April 15, 2021

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Rahul Nair

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Finance and M&A

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Solar
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Hero, SB Energy, Aditya Birla: Top Utility-Scale Solar Developers in First Half of 2020

Hero Future Energies, SB Energy (SoftBank), and Aditya Birla emerged as the top utility-scale solar project developers in India in terms of installed capacity in the...

November 6, 2020

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Rakesh Ranjan

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Mercom Research Focus

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Other
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Tech Based O&M for Solar Projects Can Optimize Cost-Effectiveness and Sustainability

As the renewable sector matured in India towards competitive bidding, the emphasis shifted from building capacities at a brisk pace towards cost-effectiveness and even...

January 27, 2020

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Atul Raaizada

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Markets & Policy

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Solar
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UAE-Based Masdar Backs India’s Hero Future Energies with $150 Million Investment

In a significant development for the domestic renewable industry, the United Arab Emirates-based Masdar has invested around $150 million (~₹10.7 billion) in Hero Future...

November 13, 2019

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Rakesh Ranjan

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Finance and M&A

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Solar
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Hero Future Energies to Receive $43 Million from IFC for a 250 MW Solar Project in Rajasthan

Clean Solar Power (CSP), a step-down subsidiary of Hero Future Energies Global Ltd. (HFE), is set to receive a debt financing of up to $43.3 million from International...

April 26, 2019

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Soumik Dutta

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Finance and M&A

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Solar

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Utility Scale
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Orissa High Court Asks Ministry of Finance to Withdraw its Solar Safeguard Duty Notification

Weeks after the announcement of safeguard duty imposition on solar imports from China and Malaysia, the Orissa High Court today heard the petition filed by Hero Future...

August 9, 2018

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Nitin Kabeer

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Markets & Policy

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Solar
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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...

March 8, 2018

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Wendy Prabhu

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Finance and M&A

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Solar
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India Recorded Strong Solar Tender and Auction Activity in December

After a period of lull, the month of December 2017 witnessed a surge in tendering and auction activity in solar sector in the country. Over 2,500 MW of solar was...

January 4, 2018

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Saumy Prateek

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Solar

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Tenders & Auctions
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Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction

In the 250 MW Bhadla Solar Park auction, Azure Power won the bid to develop 200 MWs by quoting the lowest tariff of ₹2.48 (~$0.0388)/kWh. ReNew Power won the remaining...

December 23, 2017

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Raj Prabhu

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Solar

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Tenders & Auctions
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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...

August 31, 2017

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Priya Sanjay

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Markets & Policy

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Solar

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