Solar Project Tenders and Auctions Witness a Steady Decline in Q4 2022

Capacity of Solar Projects Tendered and Auctioned Decline in Q4 2022

Solar tenders floated by various agencies in India declined 32% quarter-over-quarter (QoQ) to 9.7 GW in the fourth quarter (Q4) of 2022 from 14 GW, according to Mercom India Research ...
SECI Mulls Offering Round-the-Clock Renewable Power Supply to C&I Segment

SECI Mulls Offering Round-the-Clock Renewable Power Supply to C&I Segment

The commercial and industrial (C&I) segment is looking at round-the-clock power to make the transition to renewables, an area where the government-owned Solar Energy Corporation of India (SECI) can provide ...
/ / C&I, Consumers, Solar
Adani DISCOM to Procure 1 GW Renewable Power Bundled with Thermal

Adani DISCOM to Procure 1 GW Renewable Power Bundled with Thermal

Maharashtra Electricity Regulatory Commission (MERC) has allowed Adani Electricity Mumbai (AEML) to procure 1,000 MW of renewable power bundled with thermal (500 MW plus an additional 500 MW under the ...
Ministry Amends Guidelines to Procure Round-the-Clock Renewable Power

Ministry Amends Guidelines to Procure Round-the-Clock Renewable Power

The Ministry of Power (MoP) has amended the tariff-based competitive bidding process guidelines to procure round-the-clock (RTC) power from grid-connected renewable energy projects. The guidelines were first issued under Section ...
/ / Markets & Policy, Solar
Renew Power to Increase its Module Manufacturing Capacity to 6 GW

Renew Power to Increase its Module Manufacturing Capacity to 6 GW

Independent Power Producer ReNew Power has announced that it is increasing its module manufacturing capacity to 6 GW from the 4 GW that was planned earlier. The planned capital expenditure ...
/ / Manufacturing, Modules, Solar
West Bengal to Procure 100 MW of Round-the-Clock Wind-Solar Hybrid Power at ₹2.90/kWh

West Bengal to Procure 100 MW of Round-the-Clock Wind-Solar Hybrid Power at ₹2.90/kWh

The West Bengal Electricity Regulatory Commission (WBERC) recently approved the power sale agreement (PSA) executed between the West Bengal State Electricity Distribution Company (WBSEDCL) and the Solar Energy Corporation of ...
Mitsui to Acquire a 49% Stake in ReNew Power’s 400 MW Round-the-Clock Renewable Project

Mitsui to Acquire a 49% Stake in ReNew Power’s 400 MW Round-the-Clock Renewable Project

Global trading and investment company Mitsui & Co is acquiring a 49% stake in ReNew Power’s 400 MW round-the-clock (RTC) utility-scale renewable energy project. The financial details of the acquisition were ...
/ / Finance and M&A, Solar
Regulator Approves Tamil Nadu DISCOM’s Petition to Procure Round-The-Clock Power

Regulator Approves Tamil Nadu DISCOM’s Petition to Procure Round-The-Clock Power

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved Tamil Nadu Generation and Distribution Corporation’s (TANGEDCO) petition to procure round-the-clock (RTC) power. TANGEDCO had sought to procure 500 MW for ...
/ / Markets & Policy, Other
ArcelorMittal Partners with Greenko for a 975 MW Round-the-Clock Renewable Project

ArcelorMittal Partners with Greenko for a 975 MW Round-the-Clock Renewable Project

Steel producer ArcelorMittal has established a strategic partnership with Greenko Group to develop a 975 MW ‘round the clock’ solar and wind energy project in Andhra Pradesh with an estimated ...
/ / Other, Renewable Energy
SECI Likely to Retender 2.25 GW of Round-the-Clock Renewables Bundled with Thermal

SECI Likely to Retender 2.25 GW of Round-the-Clock Renewables Bundled with Thermal

Solar Energy Corporation of India (SECI) is likely to retender the remaining capacity of its initial 2.5 GW of round-the-clock (RTC) renewable energy projects bundled with thermal, considering the other ...
/ / Other, Renewable Energy
Share of Battery in Energy Storage Sector in MENA to Jump to 45% from the Current 7%

Round-The-Clock Renewable Energy Projects with Battery Storage are the Future

Renewable energy supply round-the-clock (RTC) with the help of battery storage overcomes the intermittency associated with solar and wind, which generate energy only when there is enough sunshine and wind ...
/ / Mercom Research Focus, Other
Daily News Wrap-Up: SJVN Bags a 100 MW Solar Project in Punjab

Daily News Wrap-Up: SJVN Bags a 100 MW Solar Project in Punjab

Here are some noteworthy cleantech announcements of the day from around the world: SJVN has bagged a 100 MW grid-connected solar photovoltaic power project from Punjab State Power Corporation Ltd ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Indian Railways Invites Bids for Hydrogen Fuel Cell-Based Train

Daily News Wrap-Up: Indian Railways Invites Bids for Hydrogen Fuel Cell-Based Train

Here are some noteworthy cleantech announcements of the day from around the world: Indian Railways Organization of Alternative Fuels has invited bids for hydrogen fuel cell-based trains on the Indian ...
/ / Other, Renewable Energy
SECI Halves Tender Capacity for Renewable Energy Bundled with Thermal

SECI Halves Tender Capacity for Renewable Energy Bundled with Thermal

The Solar Energy Corporation of India (SECI) has issued amendments to the request for selection (RfS) document for the supply of 5 GW of round-the-clock (RTC) power from grid-connected renewable ...
/ / Markets & Policy, Solar
Shortfall in Supply of Bundled Renewable Power to Attract Penalty of 400%

Shortfall in Supply of Bundled Renewable Power to Attract Penalty of 400%

The Ministry of Power (MoP) has amended its guidelines for tariff-based competitive bidding for power procurement from round-the-clock (RTC) power projects to allow them to be bundled with any non-renewable ...
Another Deadline Extension for SECI’s 5 GW Tender for Round-The-Clock Renewable Power

Another Deadline Extension for SECI’s 5 GW Tender for Round-The-Clock Renewable Power

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender to procure 5 GW of renewable power on a round-the-clock (RTC) basis complemented with ...
ReNew Power Wins SECI’s 400 MW Round-The-Clock Renewable Tender at ₹2.90_kWh

ReNew Power Wins SECI’s 400 MW Round-The-Clock Renewable Tender at ₹2.90/kWh

The Solar Energy Corporation of India (SECI) has announced the winner of its tender for 400 MW of renewable power on a round-the-clock (RTC) basis. ReNew Power won the auction for ...