adani

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MNRE Adds 3.5 GW of New Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 3,508 MW of new solar module capacity. The...

May 27, 2024

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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ReNew, Waaree and First Solar Lead Solar Manufacturing Capacity Additions in 2023

ReNew, Waaree Energies, First Solar, Adani Solar, and Emmvee Photovoltaic Power led the annual solar module manufacturing capacity additions in the calendar year (CY)...

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Daily News Wrap-Up: Solar’s Share in India’s Power Capacity Rose to 18.5% YoY in Q1

Solar power accounted for 18.5% of India’s total installed power capacity and 42.9% of the installed renewable capacity in the first quarter (Q1) of the calendar year...

May 14, 2024

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Mercom Staff

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Daily Wrap-up
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India Added 1.2 GW Wind Capacity in Q1 2024, 56% YoY Increase

India added 1.2 GW of new wind energy capacity in the first quarter (Q1) of 2024, a 56% YoY surge from 737.9 MW, according to Mercom India Research. The cumulative wind...

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Daily News Wrap-Up: India’s Solar Market Sees New Leaders in 2023

India’s solar market witnessed the emergence of new leaders in the calendar year 2023, according to Mercom’s recently released India Solar Market Leaderboard 2024,...

May 7, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Rajasthan’s 8 GW Solar Tender

Rajasthan Urja Vikas and IT Services has invited bids from developers to set up 8,000 MW solar power projects in the state. The last date for the submission of bids is...

May 6, 2024

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Mercom Staff

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Daily Wrap-up
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Adani Green’s Q4 Net Profits Up by 21% as CUF from New Projects Surge

Renewable energy company Adani Green Energy (AGEL) generated revenue of ₹28.06 billion (~$336.29 million) in the fourth quarter (Q4) of the financial year (FY) 2023-24,...

May 3, 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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Wind
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Adani Green Secures $400 Million for 750 MW Solar Projects in Rajasthan and Gujarat

Adani Green Energy (AGEL) has secured a $400 million green loan for its under-construction 750 MW solar power projects in Rajasthan and Gujarat from a consortium of five...

May 3, 2024

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Staff

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Markets & Policy

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Solar
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Funding and M&A Roundup: Pine Gate Renewables Secures $650 Million

From: Mercom Capital Group Pine Gate Renewables, a solar project developer, secured a $650 million investment from Generate Capital, the Healthcare of Ontario Pension...

May 2, 2024

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: NTPC’s 3 GW FDRE-II Auction Result

ABC Cleantech (Axis Energy), Juniper Green Energy, Serentica Renewables India 11 (Serentica Renewables), Tata Power Renewable Energy, and ReNew Solar Power won...

March 26, 2024

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Mercom Staff

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Daily Wrap-up
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Ballard Power Systems’s Loss Up 77% to $48.9 Million

Fuel cell manufacturer Ballard Power Systems has reported a net loss of $48.9 million in the fourth quarter (Q4) of 2023, an increase of 77.17% year-over-year (YoY) from...

March 13, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: Adani’s $409 Million Green Bond Issue Oversubscribed

Adani Green Energy’s $409 million 18-year tenor green bond offer was oversubscribed seven times, receiving bids for over $3 billion. The bonds will bear interest from...

March 6, 2024

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Mercom Staff

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Daily Wrap-up
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Adani DISCOM Floats Tender to Procure 600 MW Wind Power

Adani Electricity Mumbai has floated a tender to select project developers for the supply of 600 MW of power from grid-connected wind projects anywhere in India. The...

March 1, 2024

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Gautamee Hazarika

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Tenders & Auctions

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Wind
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Reliance, Jindal, Adani Among Winners of SECI’s Electrolyzer Manufacturing Auction

Reliance Electrolyzer Manufacturing (Reliance), John Cockerill Green Hydrogen Solutions, Jindal India, and Adani New Industries were among the winners of Solar Energy...

January 12, 2024

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Satish Shetty

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Other

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-Up: SECI’s 2 GW Wind-Solar Auction

NTPC Renewable Energy, Juniper Green Energy, and Green Infra Wind Energy (Sembcorp) were declared winners in Solar Energy Corporation of India’s auction to develop 2,000...

January 10, 2024

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Mercom Staff

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Daily Wrap-up

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