gensol

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Gensol Wins GUVNL’s 500 MWh BESS Auction at a Record-Low Tariff

Gensol Engineering won Gujarat Urja Vikas Nigam’s (GUVNL) auction to set up pilot projects of 250 MW/500 MWh standalone battery energy storage systems (BESS) in Gujarat...

June 12, 2024

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: SECI Invites Bids for 500 MW Wind Projects

Solar Energy Corporation of India (SECI) has invited bids to select wind power developers to set up 500 MW ISTS-connected wind power projects anywhere in India...

May 31, 2024

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Mercom Staff

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Daily Wrap-up
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Gensol Engineering’s Q4 Profit Soars 310% YoY to ₹348.2 Million

Engineering and consulting firm Gensol Engineering posted a net profit of ₹348.2 million (~$4.1 million) during the fourth quarter (Q4) of 2024, a year-over-year (YoY)...

May 30, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Gensol Commissions 10.6 MW Rooftop Solar Project for Trident Group

Solar engineering, procurement, and construction (EPC) service provider Gensol Engineering has commissioned a 10.6 MW rooftop solar project for Trident’s Budhni...

March 21, 2024

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Arjun Joshi

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C&I

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Rooftop

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Solar
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Gensol and IndiGrid Win GUVNL’s 500 MWh BESS Auction at Record-Low Tariffs

Gensol Engineering and IndiGrid 2 (IndiGrid) have won Gujarat Urja Vikas Nigam’s (GUVNL) auction to set up pilot projects of 250 MW/500 MWh standalone battery energy...

March 7, 2024

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Satish Shetty

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Energy Storage

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Tenders & Auctions
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Funding and M&A Roundup: Lithium Extraction Firm Lilac Solutions Secures $145 Million

From: Mercom Capital Group Lilac Solutions, a lithium extraction technology provider, raised $145 million in Series C funding, bringing Lilac’s total capital raised to...

February 14, 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: TOPCon Module Tech Trumps HJT in Indian Solar Market

As solar technology evolves to keep up with the increasing adoption to help lower manufacturing costs and increase the efficiency of solar modules, Indian solar module...

February 8, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Tender for 10 GWh Battery Cell Capacity Under PLI Program

The Ministry of Heavy Industries has issued a request for proposals to select manufacturers to set up 10 GWh manufacturing capacities for Advance Chemistry Cell (ACC)...

January 25, 2024

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Mercom Staff

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Daily Wrap-up
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Gensol Engineering’s Net Profit Surges Eight Fold to ₹120 Million in Q3 FY24

Engineering and consulting firm Gensol Engineering posted a net profit of ₹123.1 million (~$1.5 million) in the third quarter (Q3) of the financial year (FY) 2024, an...

January 24, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Daily News Wrap-Up: Government Announces Incentives for Green Ammonia Production

The Ministry of New and Renewable Energy has laid down the incentive implementation framework for the production and supply of green ammonia at the lowest cost through a...

January 18, 2024

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Mercom Staff

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Daily Wrap-up
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Gensol Secures ₹1.39 Billion Solar EPC Contract from Sarda Energy

Engineering and consulting firm Gensol Engineering has secured an engineering, procurement, and construction (EPC) contract for a 33 MWac (50 MWdc) captive solar power...

January 17, 2024

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Arshreet Singh

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C&I

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Consumers

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Solar
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Chhattisgarh’s Open Access Solar Projects Surge With Policy Boost

Chhattisgarh, which has traditionally relied on coal sources for its energy requirements, has recently seen a surge in solar capacity additions, accounting for about 5%...

January 16, 2024

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Gautamee Hazarika

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Mercom Research Focus

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Open Access

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Solar
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Gensol Secures EPC Contract for Green Hydrogen-Based Mobility Station in Ladakh

Engineering and consulting firm Gensol Engineering has won an engineering, procurement, and commissioning (EPC) contract from NHPC to set up a pilot project for a green...

November 17, 2023

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Arjun Joshi

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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: Ministry Revises RPO Targets, Eliminates Energy Storage Obligation

The Ministry of Power, in collaboration with the Bureau of Energy Efficiency (BEE), has issued a notification amending the Energy Conservation Act of 2001 to introduce...

October 26, 2023

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Mercom Staff

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Daily Wrap-up
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Gensol Secures ₹3 Billion Solar EPC Contract in Maharashtra

Engineering and consulting firm Gensol Engineering has secured a ₹3.02 billion (~$36.3 million) contract to construct a solar power project from Maharashtra State Power...

October 25, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions

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