Tariffs, Tax Breaks, & Incentives Solar Sector Has Big Expectations from 2022 Budget

Tariffs, Tax Breaks, & Incentives: Solar Sector Has Big Expectations from 2022 Budget

India is looking at some large capacity additions in the years ahead to reach the target of 300 GW of solar by 2030. The country’s cumulative installed solar capacity at ...
C&I Segment is Moving Quickly Towards Rooftop Solar and Open Access

C&I Segment is Moving Quickly Towards Rooftop Solar and Open Access

Mercom India hosted a webinar to discuss the market potential of rooftop solar in the commercial and industrial (C&I) segment, the most lucrative models and technologies, and cost savings. India ...
/ / Markets & Policy, Solar
Daily News Wrap-Up:  Jinko Solar Completes IPO Process, Lists on Shanghai Stock Exchange

Daily News Wrap-Up: Jinko Solar Completes IPO Process, Lists on Shanghai Stock Exchange

Here are some noteworthy cleantech announcements of the day from around the world: JinkoSolar Holding Co's principal operating subsidiary, Jinko Solar (Jiangxi Jinko), completed its initial public offering (IPO) process ...
/ / Other, Renewable Energy
ReNew Power Sells its Rooftop Solar Portfolio for ₹6.72 Billion

ReNew Power Sells its Rooftop Solar Portfolio for ₹6.72 Billion

Indian renewable energy developer ReNew Power announced that it has sold its 117 MW of distributed rooftop solar portfolio to distributed solar company Fourth Partner Energy for ₹6.72 billion (~$89.9 million). The net proceeds ...
/ / Finance and M&A, Solar
Empanelment Tender Issued for 10 MW of Residential Rooftop Solar Projects in Karnataka

Empanelment Tender Issued for 10 MW of Residential Rooftop Solar Projects in Karnataka

Hubli Electricity Supply Company (HESCOM) has invited bids to empanel vendors to design, supply, erect, test, and commission 10 MW of grid-connected residential rooftop solar projects of various capacities. The ...
/ / Solar, Tenders & Auctions
Philippines Issues Tender to Develop 850 MW of Renewable Energy Projects

Philippines Issues Tender to Develop 850 MW of Renewable Energy Projects

The Manila Electricity Company (Meralco), a Philippines-based power distribution company, has invited bids to develop 850 MW of renewable energy projects in the country. The last date to submit bids ...
/ / Solar, Tenders & Auctions
Daily News Wrap-Up: Azure Power to Raise $249.93 Million from its Rights Offering

Daily News Wrap-Up: Azure Power to Raise $249.93 Million from its Rights Offering

Here are some noteworthy cleantech announcements of the day from around the world: Azure Power Global Limited announced the close of the subscription period for its rights offering. The company ...
/ / Other, Renewable Energy
Approvals for Solar Open Access Under Group Captive Mode Hit a Snag

Approvals for Solar Open Access Under Group Captive Mode Hit a Snag

Solar developers are facing difficulties getting approval from distribution companies (DISCOMs) for solar open access projects under the group captive mode, especially in Rajasthan and Haryana. According to Mercom's Solar Open ...
EPC Tender Floated for a 75 MW Solar Project in Gujarat

EPC Tender Floated for a 75 MW Solar Project in Gujarat

Gujarat Industries Power Company Limited (GIPCL) has invited bids for the design, engineering, supply, procurement, erection, testing, and commissioning of 75 MW of grid-connected solar power project near its Surat ...
/ / Solar, Tenders & Auctions
SECI Pays ₹5.52 Billion for Solar and Wind Power Purchased in November 2021

SECI Pays ₹5.52 Billion for Solar and Wind Power Purchased in November 2021

The Solar Energy Corporation of India (SECI) disbursed ₹5.52 billion (~$74.13 million) to solar and wind power developers for the power procured in November 2021. The disbursed amount accounted for ...
/ / Markets & Policy, Solar
Bihar DISCOM Receives Regulatory Approval to Procure 200 MW of Solar Power at ₹3.11kWh

Bihar DISCOM Receives Regulatory Approval to Procure 200 MW of Solar Power at ₹3.11/kWh

The Bihar Electricity Regulatory Commission (BERC) has approved tariff and the power purchase agreement between the Bihar Renewable Energy Development Agency (BREDA) and SJVN Limited for procuring 200 MW of ...
/ / Markets & Policy, Solar
EPC Tender floated for 10 MW of Solar Projects in Gujarat

EPC Tender floated for 10 MW of Solar Projects in Gujarat

Central Electronics Limited (CEL), a public sector enterprise, has issued an engineering, procurement, and construction (EPC) tender to set up 10 MW of grid-connected solar project in Jamnagar, Gujarat. The ...
/ / Solar, Tenders & Auctions
NTPC Tenders a BoS Package with Land for 300 MW of ISTS-Connected Solar Projects

NTPC Tenders a BoS Package with Land for 300 MW of ISTS-Connected Solar Projects

NTPC Renewable Energy Limited (NTPC REL) has invited bids for a balance of system (BoS) package with land for 300 MW of inter-state transmission system (ISTS)-connected solar projects to be ...
/ / Solar, Tenders & Auctions
Waiving ISTS Charges Could Catalyze Growth in Renewable Open Access Market

Waiving ISTS Charges Could Catalyze Growth in Renewable Open Access Market

Open access solar project developers believe that inter-state transmission charges (ISTS) waiver on solar projects and other renewable energy projects would widen the scope of open access projects connected to ...
/ / Mercom Research Focus, Other
O&M Tender Issued for a 10 MW Solar Project in West Bengal

O&M Tender Issued for a 10 MW Solar Project in West Bengal

West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids for comprehensive operation and maintenance (O&M) of a 10 MW solar project at Haptiagachh, Uttar Dinajpur, West Bengal. The ...
/ / Solar, Tenders & Auctions
Daily News Wrap-Up: Solar Component Manufacturer RenewSys Adds New Encapsulant Line

Daily News Wrap-Up: Solar Component Manufacturer RenewSys Adds New Encapsulant Line

Here are some noteworthy cleantech announcements of the day from around the world: Photovoltaic (PV) module and component (encapsulant and backsheet) manufacturer RenewSys India commissioned a new encapsulant line. The ...
/ / Other, Renewable Energy
State DISCOM Directed to Pay Solar Developer Differential Tariff as per the PPA

State DISCOM Directed to Pay Solar Developer Differential Tariff as per the PPA

The Karnataka Electricity Regulatory Commission (KERC) recently ruled that a solar developer was entitled to a tariff of ₹8.40 (~$0.113)/kWh from the Gulbarga Electricity Supply Company (GESCOM) from the date ...
/ / Markets & Policy, Solar
Empanelment Tender Issued for 15 MW of Residential Rooftop Solar Projects

Empanelment Tender Issued for 15 MW of Residential Rooftop Solar Projects

Chamundeshwari Electricity Supply Corporation Limited (CESC) has invited bids to empanel vendors to install 15 MW of grid-connected residential rooftop solar systems under the Phase-II of Grid Connected Rooftop Solar ...
/ / Solar, Tenders & Auctions
Funding and M&A Roundup: Factorial Energy Raises $200 Million for Solid-State Battery

Funding and M&A Roundup: Factorial Energy Raises $200 Million for Solid-State Battery

From: Mercom Capital Group Factorial Energy, a solid-state battery company, raised $200 million in a Series D funding round led by Mercedes-Benz (DAI) and Stellantis. Funding will be used to accelerate commercial production ...
/ / Finance and M&A, Solar
8minute Solar Energy Raises $400 Million from EIG

8minute Solar Energy Raises $400 Million from EIG

8minute Solar Energy, a US-based solar energy company, announced closing $400 million in financing from EIG, a U.S.-based institutional investor. The funding agreement includes a portion of growth equity and a ...
/ / Finance and M&A, Solar
Bids Invited for Evaluation of Programs Under National Solar Mission

Bids Invited for Evaluation of Programs Under National Solar Mission

The Development Monitoring and Evaluation Office (DMEO) has invited bids from consultants to evaluate programs under the National Solar Mission of the Ministry of New and Renewable Energy (MNRE). The ...
/ / Solar, Tenders & Auctions
Project Finance Brief: Cordelio Power Acquires a 900 MW Solar Project Pipeline

Project Finance Brief: Cordelio Power Acquires a 900 MW Solar Project Pipeline

From: Mercom Capital Group Cordelio Power, a renewable power producer, acquired a 900 MW pipeline of utility-scale solar projects from SunEast Renewables, a solar project developer. The projects are located primarily in New ...
/ / Finance and M&A, Solar
Amp Energy Closes $350 Million Credit Facility to Boost its Renewable Assets

Amp Energy Closes $350 Million Credit Facility to Boost its Renewable Assets

Amp Energy, a Toronto-based renewable energy assets owner and developer, announced the closure of an innovative $350 million cross-jurisdictional credit facility with a consortium of leading institutional investors. The consortium ...
/ / Finance and M&A, Other
EoI Invited for Installation of New Renewable Energy Technologies in Kerala

EoI Invited for Installation of New Renewable Energy Technologies in Kerala

The Agency for New and Renewable Energy Research and Technology (ANERT) has invited expressions of interest (EoIs) to select agencies to implement new and innovative renewable energy technologies on a ...
/ / Other, Renewable Energy
China Installed 53 GW of Solar Capacity in 2021, Braces for a Post-Subsidy Era in 2022

China Installed 53 GW of Solar Capacity in 2021, Braces for a Post-Subsidy Era in 2022

Being the first year of China's 14th five-year plan (2021-25), 2021 witnessed several developments that could have deep ramifications for the solar industry in the country. One of the major ...
/ / Markets & Policy, Solar