Solar

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14:46 Installs a Record 2.5 GW of Solar Open Access in 2022, Up 92% YoY

India added 2.5 GW of solar open access in the calendar year (CY) 2022, a year-over-year (YoY) increase of 92% from the 1.3 GW installed in CY 2021, according to the...

March 16, 2023

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Michael Ballard

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Commercial

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Solar
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25% of Generation Capacity of Coal Plants Must be from Renewables: Ministry of Power

The Ministry of Power (MoP) has proposed that any coal-based thermal generation station coming up after April 1, 2024, must either install or procure renewable energy...

November 9, 2022

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Arjun Joshi

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Markets & Policy

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Solar
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PTC India’s EoI to Procure 1 GW of Hybrid Power Receives Overwhelming Response

PTC India’s expression of interest (EoI) to procure 500 MW of hybrid renewable energy (wind and solar) (Tranche-I), with a greenshoe option for an additional 500 MW, has...

November 9, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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India’s Solar Market Leaders for 1H 2022

Mercom India has released its report, India Solar Market Leaderboard 1H 2022, unveiling solar market leaders in the first half (1H) of the calendar year (CY) 2022. The...

November 9, 2022

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Arjun Joshi

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Mercom Research Focus

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Solar
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Array Technologies Swings to Profit in Q3 on Higher Sales Volume and Prices

Solar tracker manufacturer Array Technologies swung to profit in the third quarter (Q3) of 2022 on the back of strong growth in sales volume and prices. The company’s...

November 9, 2022

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Sumit Jha

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Finance and M&A

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Solar
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CERC Announces Levelized Tariffs for Small Hydro, Biomass and Biogas Projects for FY23

The Central Electricity Regulatory Commission (CERC) has issued levelized generic tariffs for renewables for the financial year (FY) 2022-23. The control period of the...

November 9, 2022

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Jindal Power Floats Tender for Mono PERC Solar Modules for 150 MW Solar Projects

Jindal Power has invited bids for the manufacturing, testing, packing, supply, and transportation of monocrystalline passivated emitter and rear contact (PERC) modules...

November 8, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Mercom Brings C&I Consumers Together at the Ahmedabad Clean Energy Meet

Mercom India’s C&I Clean Energy Meet 2022 series provides a unique platform for the country’s commercial and industrial (C&I) consumers to interact with...

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Project Finance Brief: Allianz Capital Partners Acquires 147 MW Solar Project

From: Mercom Capital Group Allianz Capital Partners, an asset manager, acquired the 147 MW Galloway 2 Solar Project from Avantus (formerly 8minute), an independent solar...

November 9, 2022

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Staff

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Finance and M&A

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Solar
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Haryana Sets Additional Surcharge of ₹0.78/kWh for Open Access Consumers

The Haryana Electricity Regulatory Commission (HERC) has approved an additional surcharge of ₹0.78 (~$0.009)/kWh for open access consumers who avail power from any...

November 8, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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Adani New Industries Q2 Revenue Down Marginally at ₹6.13 Billion

Adani New Industries (ANIL) Ecosystem, a wholly-owned subsidiary of Adani Enterprises, posted revenue of ₹6.13 billion (~$74.77 million) in the second quarter (Q2) of...

November 8, 2022

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Rakesh Ranjan

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Finance and M&A

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Solar
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Wacker Group’s Polysilicon Segment Sales in Q3 Grew By 51% YoY

Munich-based chemical conglomerate Wacker Chemie AG’s third quarter (Q3) net income came in at €259 million (~$258.5 million), down 2.2% year-over-year (YoY) due to...

November 8, 2022

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Gourav Mishra

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Finance and M&A

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Solar
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Madhya Pradesh to Set Up Manufacturing Zones for Solar, Wind Energy Equipment

Madhya Pradesh Industrial Development Corporation (MPIDC) has been declared the successful bidder to set up manufacturing zones for solar and other renewable energy...

November 7, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Uniform Solar Tariff Idea Faces Pushback from Intermediaries

The proposed system for a ‘Uniform Solar Tariff’ under a central pool (ISTS-connected projects) is facing opposition from government-owned nodal agencies as they contend...

November 7, 2022

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Sumit Jha

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Mercom Research Focus

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Solar
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Swiss Scientists Claim Dye-Sensitized Solar Cells Can Achieve up to 30.2% Efficiency

The researchers at Switzerland’s École Polytechnique fédérale de Lausanne (EPFL) claimed to have developed dye-sensitized solar cells (DSCs) with a power...

November 7, 2022

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Gautamee Hazarika

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Solar

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Technology

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