renewable-power

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Daily News Wrap-Up: India’s Solar Module Manufacturing Capacity Reaches 64.5 GW

India added 20.8 GW of solar modules and 3.2 GW of solar cell capacity in the calendar year 2023, according to the recently released State of Solar PV Manufacturing in...

March 29, 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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Serentica Secures $425 Million Loan for Round-the-Clock Renewable Energy Project

Renewable energy developer Serentica Renewables has secured ₹35 billion (~$425 million) for its round-the-clock renewable energy project in India from a consortium of...

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Daily News Wrap-Up: SECI’s Tender for 400 MW Solar Modules

Solar Energy Corporation of India has invited bids for manufacturing, testing, packing, forwarding, supplying, and transporting 400 MW domestically manufactured solar...

December 5, 2023

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Mercom Staff

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Daily Wrap-up

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Other
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Daily News Wrap-Up: SECI Disbursements to Solar, Wind Generators Rise 49% YoY in August

The Solar Energy Corporation of India (SECI) paid solar and wind power producers ₹12.15 billion (~$146.4 million) for the energy purchased in August 2023. The payment...

September 18, 2023

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Mercom Staff

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Daily Wrap-up
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170,000 Acres of Land Allocated to Solar Park Program: RK Singh

The Indian Government has to date approved 50 solar parks across 12 states with a combined capacity of 37,990 MW. Of the approved parks, 11 with a total 8,521 MW project...

July 21, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Tata Steel to Procure 966 MW Round-the-Clock Renewable Power from TPREL

Tata Power Renewable Energy (TPREL), the renewable arm of Tata Power, has received a letter of award (LOA) to set up 966 MW of round-the-clock (RTC) solar-wind hybrid...

June 9, 2023

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Gourav Mishra

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C&I

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Other

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Renewable Energy
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Central Regulator Adopts Tariff of ₹2.43/kWh for 400 MW Solar Projects

The Central Electricity Regulatory Commission (CERC) has adopted a tariff of ₹2.43 (~$0.02)/kWh for 400 MW grid-connected solar power projects to be developed by O2...

February 16, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Indian Oil Subsidiary Invites Bids to Set Up Green Hydrogen Unit at its Chennai Refinery

Chennai Petroleum Corporation (CPCL), a group company of Indian Oil Corporation (IOCL), has issued an expression of interest (EoI) for the design, manufacturing, and...

September 20, 2022

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Vijayalakshmi Sridhar

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Other

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Renewable Energy
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Sterlite Commissions 400 kV Transmission Line to Evacuate 1 GW of Renewables From Gujarat

Mumbai-based integrated power transmission developer Sterlite Power‘s Mumbai Urja Marg Transmission (MUML) commissioned a 400 kV transmission line in the...

September 8, 2022

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Gourav Mishra

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Grid

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Market & Policy
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Daily News Wrap-Up: Tata Power Renewables Commissions 300 MW Solar Project in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Renewables Energy Ltd, a wholly-owned subsidiary of Tata Power, announced...

April 5, 2022

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Satish Shetty

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Other

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Renewable Energy
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PGCIL Gets Board Approval to Invest ₹22.20 Billion in Power Transmission Network

Power Grid Corporation of India Limited (PGCIL) noted that on May 21, 2021, its Board has approved an investment to the tune of ~₹22.20 billion (~$301.48 million) for...

May 25, 2021

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Srinwanti Das

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Grid

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Grid Optimization
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First Solar Clocks 32% Rise in Net Sales QoQ in Q1 2021

First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the first quarter of 2021 (Q1 2021). Net sales for Q1 2021 touched $803.4...

May 3, 2021

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Srinwanti Das

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Finance and M&A

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Solar
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Daily News Wrap-Up: EBRD and Green Climate Fund Provide Green Financing to Armenia

Here are some noteworthy cleantech announcements of the day from around the world: European Bank for Reconstruction (EBRD) and the Green Climate Fund (GCF) will support...

April 19, 2021

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: Switch Mobility, Siemens Sign MoU to Push E-Mobility in India

Auto manufacturer Ashok Leyland’s U.K. arm Switch Mobility has partnered with Siemens Limited to promote electric mobility in the Indian commercial vehicle market....

April 16, 2021

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Staff

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Other

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Renewable Energy

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