karnataka

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India’s Open Access Solar Sustains Growth Momentum in 2023, Adding 3.2 GW

India achieved a record-breaking annual installation of solar open access, adding 3.2 GW, in the calendar year (CY) 2023, a marginal increase from the 3 GW installed in...

March 7, 2024

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Gautamee Hazarika

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Mercom Research Focus
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Karnataka Lowers Retail Electricity Tariff for C&I Consumers

The Karnataka Electricity Regulatory Commission (KERC) has reduced the retail electricity tariff for commercial and industrial (C&I) consumers of high tension (HT)...

March 6, 2024

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Staff

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Market & Policy
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BluPine Energy Acquires 369 MW of Solar Assets from ACME Group

Gurgaon-based BluPine Energy has expanded its renewable energy portfolio by acquiring 369 MW of solar power assets from the ACME Group. The deal covers 14 special...

March 4, 2024

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Staff

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Finance and M&A
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CleanMax to Supply Green Power to Bangalore Airport from 45.9 MW Project

Mumbai-based renewable energy firm CleanMax Enviro Energy Solutions (CleanMax) has entered into a 25-year-long power purchase agreement with Bangalore International...

February 23, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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Daily News Wrap-Up: Anti-Dumping Probe Initiated on Solar Glass Imports

The Directorate General of Trade Remedies has initiated an anti-dumping investigation on imports of textured tempered coated and uncoated glass originating in or...

February 19, 2024

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Mercom Staff

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Daily Wrap-up
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Karnataka 2024 Budget Allots ₹11.74 Billion for Solar Pumps

The Karnataka Government will deploy 40,000 off-grid solar pump sets under Component -B of Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) at an...

February 16, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy

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Solar
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Daily News Wrap-Up: Odisha – A Potential Solar Open Access Market

Large industries in Odisha have the mandate of fulfilling Renewable Purchase Obligations owing to the captive thermal plants used to run their facilities. This...

February 14, 2024

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Mercom Staff

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Daily Wrap-up
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Karnataka Invites Bids to Develop 300 MW Solar Project at Pavagada

Karnataka Solar Power Development Corporation (KSPDCL) has issued a tender to develop 300 MW of grid-connected solar power project at Pavagada Solar Park. Bangalore...

February 13, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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THDC Issues Consultancy Tender for 100 MW Floating Solar Park in Karnataka

THDC India has invited bids from consultants for the preparation of a detailed project report (DPR) and bathymetric survey of a 100 MW floating solar power project at...

February 1, 2024

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Gautamee Hazarika

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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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Battery Startup IBC Raises $35 Million to Fund Factory in Bengaluru

International Battery Company (IBC), a lithium-ion battery startup, raised $35 million (₹2.91 billion) in a pre-series A round led by RTP Global, a venture capital firm...

January 18, 2024

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Staff

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Energy Storage

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Finance and M&A
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CIP Starts Construction of 300 MW Onshore Wind Project in Karnataka

Denmark-based Copenhagen Infrastructure Partners (CIP) has taken a final investment decision on a 300 MW onshore wind project being built jointly with Indian developer...

January 18, 2024

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Staff

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Markets & Policy

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Wind
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KERC Greenlights ₹70.6 Million Compensation for Generation Loss to Developer

The Karnataka Electricity Regulatory Commission (KERC) approved ₹70.6 million (~$849,791) compensation to Solitaire Powertech over the reported generation loss of 15,949...

January 9, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Karnataka Commission Orders HESCOM to Settle Outstanding Dues of a Solar Project

Karnataka Electricity Regulatory Commission (KERC) has directed Hubli Electricity Supply Company (HESCOM) to pay any amounts found due within two months, from December...

January 9, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Top Five States for Utility-Scale Solar in 2023 [Infographics]

The cumulative utility-scale solar installations in India stood at 59.1 GW at the end of September 2023, according to Mercom India’s latest available data. The...

December 30, 2023

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Gautamee Hazarika

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Mercom Research Focus

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Solar

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Utility Scale

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