Top 20 Developers Account for Almost 60 percent of all Operating Large-Scale Solar Projects in India

Top 20 Developers Account for Almost 60 percent of all Operating Large-Scale Solar Projects in India

Utility scale solar in India has seen exponential growth over the past two years with 4.3 GW of solar installed in calendar year 2016. India’s total installed solar capacity is ...
/ / Solar, Utility Scale
Battery storage

NTPC Tenders 6 MW of Battery Energy Storage System for 17 MW Solar Project in South Andaman

The National Thermal Power Corporation (NTPC) invited bids to develop 6 MW, 24 MWh Battery Energy Storage System (BESS) at Manglutan in South Andaman. The bid submission deadline is July ...
Solar Installations

A Record Year for India Forecasted with Approximately 10 GW of Solar Installations in 2017

Mercom Communications India, a subsidiary of Mercom Capital Group, today released its quarterly update on the Indian solar market. For the complete report, visit: MercomQ12017IndiaSolarReport The Indian solar sector is ...
/ / Solar, Utility Scale
CEL Northern Railways

Central Electronics Limited Tenders 3.22 MW of Rooftop Solar for Northern Railways

Central Electronics Limited (CEL) tendered 3.22 MW of grid-connected rooftop solar to be installed at railway workshops under Northern Railway across Indian states. The bid-submission deadline is May 26, 2017 ...
FRV 29 Million IFC

Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Projects in Andhra Pradesh

Fotowatio Renewable Ventures (FRV), has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) from the International Finance Corporation (IFC) to fund 100 MW of solar projects in India. FRV ...
/ / Finance and M&A, Solar
solar RPO

TANGEDCO to Tender 1,500 MW of Solar to Meet RPO

The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) will soon tender 1,500 MW of solar to meet its renewable purchase obligation (RPO). “The TANGEDCO will soon bring out a 1,500 ...
Ground- Mounted

Jharkhand Yet to Sign PPAs for 1.1 GW of Solar

In Jharkhand, power purchase agreements (PPAs) for 1.1 GW of solar projects that were auctioned in March of 2016 (LoIs signed May 2016) are yet to be signed due to ...
/ / Solar, Utility Scale

Mercom Exclusive: Domestic Content Requirement Tenders are all but Disappearing

The domestic content requirement (DCR) category, the mandate for solar projects in India to utilize domestically manufactured solar modules and cells, was instituted in the Jawaharlal Nehru National Solar Mission ...
Utility Scale

Abengoa Commissions 5 MW Solar Project for Enerparc Energy in Uttarakhand

Abengoa, a Spanish renewable energy company has commissioned a 5 MW solar PV power project in India. The project has been developed at Roorkee, Uttarakhand. Abengoa had undertaken the construction ...
/ / Solar, Utility Scale
solar PV

TNERC Sets New Benchmark Tariff of Rs.4.50 (~$0.069)/kWh for Solar PV Projects in Tamil Nadu

The Tamil Nadu Electricity Regulatory Commission (TNERC) has set Rs.4.50 (~$0.066)/kWh as the new benchmark tariff for solar PV projects and Rs.10.19 (~$0.157)/kWh for solar thermal projects without accelerated depreciation ...
/ / Markets & Policy, Solar
Utility scale

ReNew Power Commissions 143 MW of Solar Project in Telangana

ReNew Power, a renewable energy project developer, commissioned a 143 MW solar project at Dichpally, Telangana. The project was being developed under the Telangana State Solar Policy (Group 2). ReNew ...
/ / Solar, Utility Scale
vikram solar

Vikram Solar Commissions Solar Projects Aggregating 20 MW for Jindal Aluminum in Karnataka

Vikram Solar, a PV module manufacturer and EPC solutions provider, commissioned 20 MW of solar for Jindal Aluminum in Karnataka. The entire capacity constitutes of 2 projects of 10 MW ...
/ / Commercial, Solar
Utility Scale

Mercom Exclusive: Pent Up Demand for Projects Results in Record Low Bid of Rs.3.15/kWh at the Kadapa Solar Auction in India

The solar tariff in India hit a new low with Solairedirect’s winning bid of Rs.3.15 (~$0.0487)/kWh, which was 4.5 percent lower than the Rs.3.30 (~$0.0494)/kWh (levelized over 25 years) quoted ...
KERC Sets New Benchmark Tariff of Rs.4.36 (~$0.064)/kWh for Grid Connected Large-Scale Solar Projects for FY2017-18

KERC Sets New Benchmark Tariff of Rs.4.36 (~$0.064)/kWh for Grid Connected Large-Scale Solar Projects for FY2017-18

The Karnataka Electricity Regulatory Commission (KERC) has set Rs.4.36 (~$0.064)/kWh as the benchmark tariff for grid-connected large-scale solar projects for financial year (FY) 2017-18. The new benchmark tariff will be ...
Sugar Mills

Meham Sugar Mills Tenders 20 MW Solar Project in Haryana

Meham Sugar Mills has tendered a 20 MW solar project to be developed on a build, own, operate and transfer basis. The co-operative sugar mill will provide 80 acres of ...
ReNew Power

ReNew Power Adds 1,056 MW of Renewable Energy Capacity in FY2016-17

ReNew Power, a renewable energy project developer, added 1,056 MW of renewable energy capacity in financial year (FY) 2016-17. The capacity includes 430 MW of solar and 626 MW of ...
/ / Other, Renewable Energy
Rays Power Delhi Metro

Rays Power Experts Commissions 5.5 MW of Rooftop Solar for Delhi Metro Rail Corporation

Rays Power Experts commissioned a 5.5 MW solar rooftop project for the Delhi Metro Rail Corporation (DMRC). The entire 5.5 MW is spread across various locations and stations owned by ...
/ / Rooftop, Solar

Fortum Commissions 70 MW Bhadla Solar Park Project at Previous Record Low Bid of Rs.4.34/kWh

Fortum commissioned a 70 MW solar project at Bhadla Phase-II Solar Park in Rajasthan under National Solar Mission (NSM) Phase-II, Batch-II, Tranche-I. The 70 MW solar project is Fortum's third ...
/ / Solar, Utility Scale

India to Add 1 GW of Solar By the End of April at Kurnool Solar Park in Andhra Pradesh

350 MW is Operational; 650 MW to be Commissioned The entire Kurnool Ultra Mega Solar Park of 1,000 MW capacity is expected to be connected to the grid by the ...
/ / Solar, Utility Scale
Tenders and Auctions

Mercom Exclusive: Solar Tenders and Auctions Have Slowed in India

While solar installations in India have picked up speed, tender and auction activity has been slowing down over the last couple of quarters. According to Mercom's India Solar Project Tracker, ...
solar project

Hindustan Power Commissions 50 MW of Solar in Punjab

Hindustan Power, an independent power producer, commissioned a 50 MW solar project in Punjab. The project was being developed under Punjab Solar Policy Phase-III. Hindustan Power commissioned its second solar ...
/ / Solar, Utility Scale
Azure Bids

Azure Power Wins Bids to Develop 46 MW of Rooftop Solar for Indian Railways

Azure Power, a solar project developer, has won bids to develop 46 MW of rooftop solar for the Indian Railways. The projects will be spread across 11 Indian states. Out ...
/ / Rooftop, Solar
MW-Scale Solar Project

Azure Power Commissions 137 MW of Solar

Azure Power commissioned 137 MW of solar in March 2017, including the 130 MW solar power system in Chitradurga district, Karnataka, under the Karnataka Solar Policy 2014-2021, and 7 MW ...
/ / Solar, Utility Scale
Bhadla Solar Farm

NTPC Commissions 260 MW Bhadla Solar Farm Under Its Self-Owned Projects Program

The National Thermal Power Corporation (NTPC) has completed commissioning of the 260 MW solar project being developed under its self-owned projects program. The final 55 MW of the project were ...
/ / Solar, Utility Scale
IFC to Invest $125 Million in Hero Future Energies

Greenko Raises $155 Million in Equity Funding

Greenko Energy Holdings (Greenko), a renewable energy company, raised $155 million (~Rs.10.14 billion) in equity funding. The company signed definitive agreements with an affiliate of GIC and an entity that ...
/ / Finance and M&A, Other