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Power-Hungry Data Centers Drive Demand for Renewable Energy in India

With over 880 million internet users and a thriving tech sector, India’s data center industry has seen explosive growth in recent years and is poised to accelerate with the advent of artificial intelligence. This expansion, ...

August 2, 2024

Mercom Research Focus

Enabling Policies Drive Rajasthan’s Solar Open Access Projects in Q1 2024

According to Mercom India’s Q1 2024 Solar Open Access Market Report, India added 1.8 GW of solar open access capacity in Q1 2024, with Rajasthan leading with almost 28% of the quarter’s installations. Rajasthan’s...

August 2, 2024

Rooftop

Bengaluru Apartment Complex Adopts Solar, Saves ₹4 Million in Power Costs

A residential apartment complex in Bengaluru is saving up to ₹4 million (~$47,768) annually by installing a rooftop solar system. By switching to clean energy, the condominium with 1,030 flats has reduced its electricity expenses ...

August 2, 2024

Energy Storage

Central Electricity Authority Approves 2,600 MW Pumped Storage Projects

The Central Electricity Authority (CEA) has approved two pumped hydro storage projects (PSPs) with a cumulative capacity of 2,600 MW. The Power Ministry said the CEA approved the two projects in record time. The approved PSPs were...

August 2, 2024

Latest News

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Shakti Pumps Wins Order to Supply 12,537 Solar Pumps in Uttar Pradesh

Shakti Pumps has received a letter of intent from the Uttar Pradesh Department of Agriculture to supply, install, and commission 12,537 pumps under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan Program (Phase-III)....

August 2, 2024

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CEA Seeks Stakeholder Inputs on Updated Transmission Planning Guidelines

The Central Electricity Authority (CEA) of India has released a draft amendment to the “Manual on Transmission Planning Criteria, 2023.” The document, effective from April 1, 2023, outlines the planning procedures and criteria for...

August 2, 2024

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REC Invites Bids for Land Due Diligence of 150 MW Solar Project

REC Limited has invited bids to engage lenders’ legal counsel to carry out the land due diligence of 603 acres of land offered by Adani Solar Energy RJ Two as security to finance its project. REC has approved financial assistance of ₹6.81...

August 2, 2024

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Daily News Wrap-Up: SECI Tenders 2 GW Solar Projects with Storage

The Solar Energy Corporation of India has invited bids to set up 2,000 MW inter-state transmission system-connected solar power projects with 1,000 MW/4,000 MWh energy storage systems in India under Tranche XVII. The last day to submit the bids is...

August 2, 2024

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China Adds 57 GW of Solar Power Capacity in Q2 2024, Up 24% YoY

China continued its aggressive push towards clean energy, adding 56.74 GW of solar power capacity in the second quarter of 2024, a 24% year-over-year growth, according to data from the National Energy Administration (NEA). The country also added 10....

August 2, 2024

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Goldman Sachs Alternatives Invests $440 Million in BrightNight

BrightNight, an independent renewable power producer, has secured a $440 million strategic investment from Goldman Sachs Alternatives‘ Infrastructure division. The company said the transaction is expected to close in September 2024. BofA...

August 1, 2024

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