renewable-energy

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Telangana DISCOM Floats Tenders for 3 MW Solar Power Projects

Northern Power Distribution Company of Telangana (TGNPDCL) has issued two tenders for 3 MW ground-mounted solar power projects in Karimnagar and Sircilla districts. The...

November 22, 2024

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Staff

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Open Access

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: India Adds 16 GW Solar Capacity in 9M 2024

India added 16.4 GW of solar capacity in the first nine months (9M) of 2024, a 167% year-over-year increase from 6.2 GW in 9M 2023, according to Mercom India Research’s...

November 22, 2024

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Tina Freese

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Daily Wrap-up
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Daily News Wrap-Up: UPNEDA Tenders 2 MW Rooftop Solar Projects

Uttar Pradesh New & Renewable Energy Development Agency has invited bids for 2 MW grid-connected rooftop solar systems with battery backup for captive use in...

November 21, 2024

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Staff

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Daily Wrap-up
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ReNew’s Revenue, Profit Up in Q2 FY25 as Commissioned Renewable Capacity Grows

Independent renewable energy producer ReNew Power reported revenue of ₹29.9 billion ($357 million) during the second quarter (Q2) of the financial year (FY) 2025, a 4.4%...

November 20, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Adani Acquires Project to Evacuate 7 GW of Renewable Energy from Khavda

Government-owned Power Finance Corporation (PFC) has transferred its special purpose vehicle Pune-III Transmission to Adani Energy Solutions, which emerged as the...

November 20, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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AMPIN, CIP to Invest $300 Million for 2 GW Renewable Energy Projects

New Delhi-based AMPIN Energy Transition has expanded its partnership with Copenhagen Infrastructure Partners (CIP) to develop 2 GW renewable energy projects across India...

November 19, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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CEA Approves Uniform Protection Protocol for Power Grid Stability

The Central Electricity Authority (CEA) has approved the Uniform Protection Protocol to ensure grid stability, reliability, and security and safely integrate 450 GW of...

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RBI to Raise ₹200 Billion in Sovereign Green Bonds in Second Half of 2024-25

The Reserve Bank of India (RBI) has issued a calendar to mop up ₹200 billion (~$2.36 billion) in four equal tranches of sovereign green bonds in the second half of...

November 15, 2024

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B.S. Nagaraj

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Finance and M&A

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Renewable Energy
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CleanMax to Supply 33 MW of Renewable Energy to Equinix’s Data Centers in Mumbai

Digital infrastructure company Equinix will procure power under a captive arrangement from 33 MW renewable energy projects to be set up by CleanMax to power its data...

November 14, 2024

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Staff

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C&I

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Open Access

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Solar

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Wind
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IndiGrid, BII and Norfund to Launch $300 Million Platform for BESS Projects

IndiGrid, British International Investment (BII), and the Norwegian Climate Investment Fund managed by Norfund have launched EnerGrid, a $300 million platform focusing...

November 13, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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Adani Green, ReNew and O2 Power Top Utility-Scale Solar Developers in 1H 2024

Adani Green Energy, ReNew, O2 Power, ACME Solar, and NTPC Renewable Energy emerged as the top utility-scale solar project developers in the first half (1H) of the...

November 12, 2024

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Ajayan J S

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Mercom Research Focus

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Solar

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Utility Scale
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Solar’s Share in India’s Installed Power Capacity Rises to 20% in Q3

India’s installed power capacity was 450.7 GW as of September 2024. Renewable energy accounted for 44.3% of the country’s power capacity mix, with 199.5 GW...

November 11, 2024

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Shanthi G

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Mercom Research Focus

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Solar
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Hexa Climate, ACME Solar, Avaada Energy Win NTPC’s 1.2 GW FDRE Auction

Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy are winners in NTPC’s auction to supply 1,200 MW of firm and dispatchable power with assured peak power...

November 8, 2024

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Priya Sanjay

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Renewable Energy

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Tenders & Auctions
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Karnataka Proposes 43.33% Renewable Energy Target by 2029-30

The Karnataka Electricity Regulatory Commission (KERC) has proposed new renewable energy targets for the state, aiming to reach 43.33% of total energy consumption from...

November 8, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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India’s Solar Power Generation in Q3 2024 Hit 32 BU, up 17.9% YoY

In the third quarter (Q3) of the calendar year 2024, solar power generation in India was approximately 32 billion units (BU), up 17.9% year-over-year (YoY). The...

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