State-Owned DISCOMs Continue to Impede Renewables Growth

State-Owned DISCOMs Continue to Impede Renewables Growth

After at least two decades of bailouts and reform programs, the state-owned power distribution companies (DISCOMs) continue to be a massive drag on not only the upstream segments (generation and ...
/ / Mercom Research Focus, Solar
Solar photovoltaic panels and substations in the evening

Tamil Nadu Issues Multi-Year Electricity Tariff Order, Introduces a Green Tariff of 10%

Retail electricity tariffs for high tension (HT) consumers have gone up by 6% to 18% in the recently announced order by the Tamil Nadu Electricity Regulatory Commission (TNERC) for the ...
/ / Markets & Policy, Other
Karnataka Tops Power Sellers in Green Day Ahead Market in Q1 2022

Karnataka Tops Power Sellers in Green Day Ahead Market in Q1 2022

Karnataka was the top seller of power in the Green Day Ahead Market (GDAM) in the first quarter (Q1) of 2022, accounting for 58.9% of the total power sold in ...
/ / Mercom Research Focus, Solar
US to Invest $23 Billion for Clean Energy Deployment, Launches Two New Programs

US to Invest $23 Billion for Clean Energy Deployment, Launches Two New Programs

The U.S. Department of Energy (DOE) has launched two new program offices – the Grid Deployment Office and the Office of State and Community Energy Programs – which together will ...
/ / Other, Renewable Energy
Yarn Maker Filatex India Inks Pact to Source Power from Wind-Solar Hybrid Project

Yarn Maker Filatex India Inks Pact to Source Power from Wind-Solar Hybrid Project

Filatex India, a polyester filament yarn manufacturer, has entered into agreements with 100% subsidiaries of distributed solar company Fourth Partner Energy to procure renewable energy from the latter’s hybrid wind-solar ...
/ / Other, Solar
India Likely to Have Energy Surplus of 2.9% During 2022-23 CEA

India Likely to Have Energy Surplus of 2.9% During 2022-23: CEA

India is likely to have an energy surplus of 2.9% and a peak surplus of 3.4% for the year 2022-23, according to the Central Electricity Authority’s (CEA) latest Load Generation ...
/ / Markets & Policy, Solar
Tata Power Solar Commissions 70 MW Floating Solar Project For NTPC

Tata Power Solar Commissions 70 MW Floating Solar Project For NTPC

Tata Power Solar Systems (TPSSL), a wholly-owned subsidiary of Tata Power, has commissioned a 70 MWAC (101.6 MWDC) floating solar photovoltaic project for NTPC in Kayamkulam, Kerala. The project is ...
Global Energy Investments Set to Reach $2.4 Trillion in 2022 IEA

Global Energy Investments Set to Reach $2.4 Trillion in 2022: IEA

Global energy investment will increase by 8% in 2022 to reach $2.4 trillion, with the anticipated rise coming mainly in clean energy, according to World Energy Investment 2022 report published ...
/ / Finance and M&A, Other
Developers Consortium to Buy Over 6 GW of Modules Annually to Support Local Manufacturing

Developers Consortium to Buy Over 6 GW of Modules Annually to Support Local Manufacturing

Four U.S-based independent power producers have formed a consortium to bolster the country's rapid scaling of domestic solar manufacturing. They plan to spend over $6 billion on solar modules to ...
Researchers use Spacer Cations for Higher Conversion Efficiency in Perovskite Cells

Researchers use Spacer Cations for Higher Conversion Efficiency in Perovskite Cells

In a new study focused on increasing the power conversion efficiency (PCE) of perovskite solar cells (PSCs), materials scientists examined the non-radiative recombination sites in PSCs, which is one of ...
/ / Solar, Technology
Karnataka Sold the Most Power in Green Day Ahead Market in Q4 2021

Karnataka Sold the Most Power in Green Day Ahead Market in Q4 2021

In October 2021, the power exchanges introduced the Green Day Ahead Market (GDAM), a segment that provides participants the opportunity to purchase electricity on a day-ahead basis. GDAM provides new ...
Tata Power Solar Commissions 66 MW EPC Project for Vibrant Energy

Tata Power Solar Commissions 66 MW EPC Project for Vibrant Energy

Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, commissioned an engineering, procurement, and construction (EPC) project of 66 MW for Vibrant Energy, a developer of open access renewable ...
/ / Solar, Utility Scale
Tech Mahindra to Purchase Power from Fourth Partner’s 5 MW Solar Project

Tech Mahindra to Purchase Power from Fourth Partner’s 5 MW Solar Project

India-based IT services company Tech Mahindra has entered into an agreement to acquire a 26% stake in Huoban Energy 6, a wholly-owned subsidiary of Fourth Partner Energy. Huoban Energy 6 ...
ReneSola Power’s Revenue Dips 85% YoY to $3.5 Million in Q1 2022

ReneSola Power’s Revenue Dips 85% YoY to $3.5 Million in Q1 2022

China-based supplier of green energy products ReneSola Power recorded a revenue of $3.5 million in the first quarter (Q1) of the current fiscal year (FY), a year-over-year (YoY) dip of ...
Fraunhofer Researchers Claim Record Efficiency of 47.6% for a Four-Junction Solar Cell

Fraunhofer Researchers Claim Record Efficiency of 47.6% for a Four-Junction Solar Cell

Researchers from the Fraunhofer ISE’s Center for High-Efficiency Solar Cells claimed to have achieved a power conversion efficiency of 47.6% in a multijunction solar cell (III-V) using an anti-reflection coating ...
/ / Solar, Technology
US Launches i2X Initiative to Add More Clean Energy to the Grid

US Launches i2X Initiative to Add More Clean Energy to the Grid

The U.S. government has launched the Interconnection Innovation e-Xchange (i2X) initiative through its Department of Energy (DoE) to connect more green energy to the country's grid. The initiative will reduce ...
ReNew Power to Acquire 500 MW of Wind and Solar Projects

ReNew Power to Acquire Over 500 MW of Wind and Solar Projects

Independent power producer ReNew Power has signed definitive agreements to acquire over 500 MW of operating wind and solar assets. ReNew said it would acquire operating wind assets totaling 471.65 ...
India’s Solar Generation Up 27% YoY to 22 Billion Units in Q1 2022

India’s Solar Generation Up 27% YoY to 22 Billion Units in Q1 2022

India generated approximately 22 billion units (BU) of solar power in the first quarter (Q1) of the calendar year 2022, a 30% quarter-over-quarter increase compared to 17 BU generated in ...
Andhra Issues Tariff Order for FY 2023, Introduces A Separate Grid Support Charge

Andhra Issues Tariff Order for FY 2023, Introduces A Separate Grid Support Charge

Andhra Pradesh Electricity Regulatory Commission (APERC) has announced tariffs for commercial and industrial consumers for the financial year (FY) 2022-23. The state regulatory body for individual states issues a yearly ...
/ / Grid, Market & Policy
Renewable Industry Attracts $1.18 Billion in FDI During Nine Months of FY 2021-22

Renewable Industry Attracts $1.18 Billion in FDI During Nine Months of FY 2021-22

The foreign direct investment (FDI) in India's renewable energy (non-conventional) sector stood at $1.18 billion (~₹89.68 billion) for the first nine months (9M) of the financial year (FY) 2021-22. The ...
/ / Finance and M&A, Other
Daily News Wrap-Up: India’s Power Demand to Reach 1,650 BU in FY 2023

Daily News Wrap-Up: India’s Power Demand to Reach 1,650 BU in FY 2023

Here are some noteworthy cleantech announcements of the day from around the world: Power Minister R.K. Singh informed the Rajya Sabha that the power requirement in India is expected to ...
/ / Other, Renewable Energy
Unilateral Termination of PPAs By DISCOMs Is Against Public Interest – Supreme Court

Unilateral Termination of PPAs By DISCOMs is Against Public Interest – Supreme Court

The Supreme Court of India, in a recent order, has rebuked the Andhra Pradesh distribution companies (DISCOMs) attempting to terminate the power purchase agreement (PPA) unilaterally after the project developer ...
/ / Grid, Market & Policy
India’s Solar Generation Up by 18% YoY to 68.77 BU in 2021

India’s Solar Generation Up by 18% YoY to 68.77 BU in 2021

India generated approximately 68.77 billion units (BU) of solar power in the calendar year (CY) 2021, an 18% year-over-year (YoY) increase compared to 58.19 BU generated in the previous year, ...
Renewables to Account for 90% of the Global Power Capacity Increase in 2021 and 2022: IEA

Renewables to Account for 90% of the Global Power Capacity Increase in 2021 and 2022: IEA

Renewable energy is expected to account for 90% of the global power capacity increase in 2021 and 2022, according to International Energy Agency’s (IEA) Renewable Energy Market Updates – Outlook ...
/ / Other, Renewable Energy
Daily News Wrap-Up: UPC-AC Energy Starts Construction of a 300 MW Solar Project

Daily News Wrap-Up: UPC-AC Energy Starts Construction of a 300 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: ACEN, the listed energy platform of Ayala Group, and UPC Solar Asia Pacific commenced construction of their ...
/ / Other, Renewable Energy