jsw-energy

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Daily News Wrap-Up: Corporate Funding for Energy Storage Up 15% in 9M 2024

Corporate funding for energy storage rose 15% year-over-year in the first nine months (9M) of  2024, while it decreased 33% for smart grids in the U.S. Corporate funding...

October 28, 2024

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Mercom Staff

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Daily Wrap-up
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JSW Energy’s Q2 Net Profit Remains Steady at ₹8.53 Billion

Independent power producer JSW Energy reported a net profit of ₹8.53 billion (~$101.45 million) in the second quarter of the financial year (FY) 2025, nearly unchanged...

October 25, 2024

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Arjun Joshi

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Finance and M&A

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Other
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India’s Wind Energy Installations Rise 72% YoY in Q3 2024

India added 706.5 MW of wind energy capacity in Q3 2024, a 72% increase year-over-year (YoY) from 411.5 MW in Q3 2023, according to Mercom India Research. The increased...

October 25, 2024

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Sowndhiga U

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Mercom Research Focus

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Wind
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JSW, Hero, Vena, Hexa Climate and Serentica Win SECI’s 630 MW FDRE Auction

JSW Neo Energy (JSW Energy), Hero Solar Energy (Hero Future Energies), Vena Energy, Hexa Climate Solutions and Serentica Renewables won significant capacities in Solar...

July 26, 2024

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Arshreet Singh

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Budget 2024 Promotes Clean Energy, Critical Mineral Chains

Union Finance Minister Nirmala Sitharaman, in the first Budget under a new coalition government, laid out a series of measures to promote clean energy adoption and...

July 24, 2024

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Mercom Staff

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Daily Wrap-up
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JSW Energy Q1 Profit Surges 80% on Higher Renewable Generation

Independent power producer JSW Energy reported an 80% year-on-year surge in net profit for the first quarter of fiscal year 2025, reaching ₹5.22 billion (~$63.3 million),...

July 23, 2024

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Arshreet Singh

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Finance and M&A
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Daily News Wrap-Up: Vendor Registration Guidelines for PM Surya Ghar Program

The Ministry of New and Renewable Energy has announced new guidelines for vendor registration under the recently approved PM Surya Ghar: Muft Bijli Yojana rooftop solar...

May 9, 2024

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Mercom Staff

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Daily Wrap-up
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JSW Energy’s Q4 Profits Up 22% as Renewable Generation Surges by 124%

Independent power producer JSW Energy reported a net profit of ₹3.43 billion (~$41.07 million), a jump of 22% year-over-year (YoY) in the fourth quarter (Q4) of the...

May 8, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Month in a Minute: Top Headlines from Indian Renewable Sector in April 2024

The solar sector secured $8.1 billion in corporate funding through 41 transactions in the first quarter (Q1) of 2024, marking a 4% decrease from the $8.4 billion raised...

May 3, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Funding and M&A Roundup: Torus Raises $67 Million to Advance Energy Storage Solutions

From: Mercom Capital Group Torus, a Utah-based energy storage solutions provider, has secured $67 million in new equity, conversion of outstanding notes, and a loan...

April 10, 2024

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Top States for Solar Open Access Installations in 2023

India added 3.2 GW of new solar open access capacity in 2023, the most in any calendar year to date, with the top five states accounting for 84.2% of the new installed...

April 10, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Lucknow’s Solar Project Management Consultancy Tender

The Lucknow Solar Power Development Corporation (LSPDCL) has floated a tender seeking consultancy firm to establish a project management unit to assist in the...

March 27, 2024

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Mercom Staff

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Daily Wrap-up
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JSW, Sunsure, UPC and NTPC REL Win SECI’s 1.5 GW Solar Tranche XIII Auction

JSW Neo Energy (JSW Energy), Sunsure Solarpark Fourteen (Sunsure Energy), Tejorupa Renewables India Project (UPC Renewables), and NTPC Renewable Energy were declared...

March 7, 2024

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Satish Shetty

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Tender for 10 GWh Battery Cell Capacity Under PLI Program

The Ministry of Heavy Industries has issued a request for proposals to select manufacturers to set up 10 GWh manufacturing capacities for Advance Chemistry Cell (ACC)...

January 25, 2024

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Mercom Staff

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Daily Wrap-up
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JSW Energy’s Profit Rises 29% on Renewables Strength in Q3 FY24

JSW Energy, an independent power producer, reported a net profit of ₹2.32 billion (~$27.9 million), a jump of 29% year-over-year (YoY) in the third quarter (Q3) of the...

January 24, 2024

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Arshreet Singh

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Markets & Policy

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Renewable Energy

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