Hindustan Petroleum Releases Tender for a 1.3 MW Solar Project in Karnataka

Hindustan Petroleum Releases Tender for a 1.3 MW Solar Project in Karnataka

The Hindustan Petroleum Corporation Limited (HPCL), a state-owned oil and natural gas company, has invited bids to develop a 1.3 MW ground-mounted solar project at its Yediyur Receiving Station in ...
/ / Solar, Tenders & Auctions
IREDA’s 10 GW Solar Module Manufacturing Tender Receives Strong Response

IREDA’s 10 GW Solar Module Manufacturing Tender Receives Strong Response

The Indian Renewable Energy Development Agency (IREDA)’s tender for setting up manufacturing capacities for vertically-integrated high-efficiency solar modules under the production-linked incentive (PLI) program received a strong response from the ...
/ / Manufacturing, Solar
Tender Floated for 7,000 Monocrystalline or Mono PERC Solar Modules

Tender Floated for 7,000 Monocrystalline or Mono PERC Solar Modules

Rajasthan Electronics and Instruments (REIL) has invited bids for contract manufacturing of 7,000 monocrystalline or mono passivated emitter and rear cell (mono PERC) solar modules. The modules should have a ...
/ / Solar, Tenders & Auctions
It is Still Early Days for New Solar Module Technologies to Gain Wider Acceptance

It is Still Early Days for New Solar Module Technologies to Gain Wider Acceptance

Mercom hosted a webinar on September 8, 2021, to discuss the impact of the rapidly changing module manufacturing landscape on the project's levelized cost of energy (LCOE). The webinar focused ...
/ / Markets & Policy, Solar
Department of Atomic Energy Invites Bids for a 1.73 MW Solar Project

Department of Atomic Energy Invites Bids for a 1.73 MW Solar Project

The Directorate of Purchase and Stores, Department of Atomic Energy, has invited bids to supply, install, commission, and maintain a 1.73 MW grid-connected (without battery bank) solar project at the ...
/ / Solar, Tenders & Auctions
Coal India Seeks Equity Partner for a 4 GW Vertically Integrated Solar Module Facility

Coal India Seeks Equity Partner for a 4 GW Vertically Integrated Solar Module Facility

Coal India Limited (CIL) has invited bids for shortlisting equity partners to set up a 4 GW solar ingot-wafer-cell-module manufacturing facility. CIL plans to associate with the equity partner to ...
/ / Solar, Tenders & Auctions
Rajasthan Electronics Floats Tender for 200,000 Mono or Multicrystalline Solar Cells

Rajasthan Electronics Floats Tender for 200,000 Mono or Multicrystalline Solar Cells

The Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the Government of Rajasthan, has invited bids for the supply of 200,000 monocrystalline or ...
/ / Solar, Tenders & Auctions
Tender Floated for 36,000 Raw Material Kits for Production of Solar Modules

Tender Floated for 36,000 Raw Material Kits for Production of Solar Modules

Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the Government of Rajasthan, has invited bids for the supply of 36,000 raw material kits ...
/ / Solar, Tenders & Auctions
Bids Invited for 4.5 MW of Solar Projects at Thermal Power Stations in Gujarat

Bids Invited for 4.5 MW of Solar Projects at Thermal Power Stations in Gujarat

The Gujarat State Electricity Corporation Limited (GSECL) has invited bids for 4.5 MW of grid-connected solar projects. A 2.5 MW solar project will be developed at Gandhinagar thermal power station ...
/ / Solar, Tenders & Auctions
BHEL Invites Bids for 1.5 Million Multicrystalline Solar Cells

BHEL Invites Bids for 1.5 Million Multicrystalline Solar Cells

Bharat Heavy Electricals Limited (BHEL) has invited bids for the supply of 1.513 million multicrystalline solar cells with a wattage output of 4.67 Wp. The cells should be five busbars ...
/ / Solar, Tenders & Auctions
BHEL Invites Bids for Multicrystalline Solar Modules for a 6.5 MW Rooftop Solar Project

BHEL Invites Bids for Multicrystalline Solar Modules for a 6.5 MW Rooftop Solar Project

Bharat Heavy Electricals Limited (BHEL) has invited bids from solar module manufacturers to supply multicrystalline solar modules to be used in the 6.5 MW Nalanda rooftop solar project in Bihar ...
/ / Solar, Tenders & Auctions
EPC Costs May Rise in the Next Few Quarters Due to Rising Component Prices

Solar EPC Costs May Rise in the Next Few Quarters Due to Rising Component Prices

Mercom hosted a webinar on August 13, 2021, to understand the critical role solar engineering, procurement, and construction (EPC) companies play in the Indian solar segment while mitigating the challenges ...
/ / Markets & Policy, Solar
Sterling and Wilson Solar’s Revenue Jumps 11.8% in Q1 FY 2022

Sterling and Wilson Solar’s Revenue Jumps 11.8% in Q1 FY 2022

Sterling and Wilson Solar, the solar engineering and construction arm of the Shapoorji Pallonji Group, has recorded a revenue of ₹11.95 billion (~$161.12 million) in the first quarter (Q1) of the ...
/ / Markets & Policy, Solar
Indian Solar Imports and Exports in 1H Back to Pre-Pandemic Levels

Indian Solar Imports and Exports in 1H Back to Pre-Pandemic Levels

Imports of solar cells and modules surged by a staggering 1,000% in the second quarter (Q2) of the calendar year (CY) 2021, totaling $762 million (~₹56.6 billion) as compared to ...
/ / Mercom Research Focus, Other
Canadian Solar's Net Revenue Increased 105% to $1.43 Billion in Q2 2021

Canadian Solar’s Net Revenue Increased 105% to $1.43 Billion in Q2 2021

Canada-based module manufacturer Canadian Solar released its financial results for the second quarter (Q2) of 2021 and reported a 105% year-over-year (YoY) increase in its net revenue to $1.43 billion from $695.84 ...
/ / Finance and M&A, Solar
Premier Energies to Make Half-Cut and Bifacial Modules at its New Facility

Premier Energies to Make Half-Cut and Bifacial Modules at its New Facility

Domestic solar module manufacturers are slowly ramping up capacities to supply India's solar project pipeline of over 53 GW and another 24.1 GW of projects tendered and pending auctions as of ...
/ / Markets & Policy, Solar
Solar Module Manufacturers in Asia Account of 92% of the Global Production: Report

Solar Module Manufacturers in Asia Account of 92% of the Global Production: Report

In its latest report, Fraunhofer Institute for Solar Energy Systems (ISE) has stated that manufacturers in Asia accounted for 92% (over 130 GW) of global solar module production in 2020, ...
/ / Manufacturing, Solar
Tata Power to Install a 10 MW Captive Solar Project for CEAT Tires

Tata Power to Install a 10 MW Captive Solar Project for CEAT Tyres

CEAT, a multinational tyre manufacturing company, has engaged Tata Power to develop a 10 MW captive solar project at Tata Power’s Solapur site in Maharashtra. CEAT will procure electricity from ...
/ / Markets & Policy, Solar
Can Solar Developers Take Advantage of Duty-Free Period Ahead

Can Solar Developers Take Advantage of Duty-Free Period Ahead?

Solar developers in India are facing two important dates - the safeguard duty (15%) set to end on July 29, 2021, and the basic customs duty (BCD) of 40% on ...
BHEL Invites Bids for a Solar Compact Station for 8 MW Project in Mauritius

BHEL Invites Bids for a Solar Compact Station for 8 MW Project in Mauritius

Bharat Heavy Electricals Limited (BHEL) has invited bids for the supply and commissioning of a solar compact station for an 8 MW project at Tamarind Falls in Henrietta, Mauritius. The ...
_Solar Industry Reacts PLI Program Good for Large Manufacturers; MSMEs Left Out

Solar Industry Reacts: PLI Program Good for Large Manufacturers; MSMEs Left Out

India has launched a performance-linked incentive (PLI) program to support vertically integrated, gigawatt-scale manufacturing of high-efficiency solar modules. The implementing agency – the Indian Renewable Energy Development Agency (IREDA), has ...
Solar Cell & Module Maker Websol Energy Posts Revenue of ₹1.54 Billion in FY 2021

Solar Cell & Module Maker Websol Energy Posts Revenue of ₹1.54 Billion in FY 2021

Kolkata-based manufacturer of solar cells and modules Websol Energy System has announced combined financial results for the fourth quarter (Q4) and the financial year 2021 (FY21). The company reported a ...
/ / Markets & Policy, Solar
Higher Module Prices Raise Cost of Large-Scale, Rooftop Solar Systems in Q1 2021

Higher Module Prices Raise Cost of Large-Scale, Rooftop Solar Systems in Q1 2021

The average cost of large-scale solar projects first quarter of 2021 (Q1 2021) was about ₹36.6 million (~$505,308)/MW, according to Mercom’s recently released Q1 2021 India Solar Market Update. The cost ...
Central Electronics Tenders for 500,000 Multicrystalline Solar Cells

Central Electronics Tenders for 500,000 Multicrystalline Solar Cells

Central Electronics Limited (CEL), a public sector enterprise under the Ministry of Science and Technology, has floated a tender to procure 500,000 multicrystalline solar cells with a wattage capacity of ...
Freight Charges for Solar Module Imports Could Remain High for Six Months or More

Freight Charges for Solar Module Imports Could Remain High for Six Months or More

The Indian solar developers and engineering, procurement, and construction (EPC) service providers have been hit hard by the increase in freight charges and the shortage of raw materials that have ...