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JSW Energy Q1 Profit Surges 80% on Higher Renewable Generation

Independent power producer JSW Energy reported an 80% year-on-year surge in net profit for the first quarter of fiscal year 2025, reaching ₹5.22 billion (~$63.3 million),...

July 23, 2024

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Arshreet Singh

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Finance and M&A
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Himachal Pradesh Commission Approves PPA for 1 MW Solar Project

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has approved the power purchase agreement (PPA) signed between the HP State Electricity Board (HPSEBL) and...

July 16, 2024

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Staff

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Markets & Policy

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Solar
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Telangana Regulator Directs DISCOM to Settle Solar Developer’s Unpaid Bills

Telangana State Electricity Regulatory Commission (TSERC) has imposed a penalty of ₹50,000 (~$599) on Southern Power Distribution Company of Telangana (TGSPDCL) for...

May 31, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Travancore Cochin Chemicals Invites Bids for 22 MW Renewable Energy Project

The Travancore Cochin Chemicals (TCC) has invited bids from developers to set up a 22 MW renewable energy project, which will be implemented in a group captive model....

May 20, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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US Solar PPA Prices Decline by 1.5% in Q1 2024, Europe Sees Drop of 5%

Following years of fluctuation in the energy market, power purchase agreement (PPA) prices in North America were stable during the first quarter (Q1) of 2024. P25 solar...

April 25, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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SECI Invites Bids for 1.2 GW ISTS-Connected Solar Projects with Storage

Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) from project developers to set up 1,200 MW Inter-State Transmission System...

March 18, 2024

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Mercom Staff

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Solar

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Tenders & Auctions
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SJVN Inks Agreements to Supply 600 MW Solar Power in Rajasthan

SJVN Green Energy (SGEL), a wholly owned subsidiary of SJVN, has signed a power usage agreement (PUA) and power purchase agreement (PPA) with Rajasthan Urja Vikas and IT...

March 11, 2024

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Satish Shetty

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Markets & Policy

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Solar
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SJVN Breaks Ground for 50 MW Solar Project in Assam

SJVN Green Energy (SGEL), a wholly owned subsidiary of SJVN, has broken ground for its 50 MW solar power project at the Sitalmari village of Sonitpur district in Assam....

March 11, 2024

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Satish Shetty

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Solar

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Tenders & Auctions

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Utility Scale
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Daily News Wrap-Up: No Penalties for Renewable Power Supply Commencement Delays

The Ministry of Power has amended the guidelines to the tariff-based competitive bidding process for the procurement of firm and dispatchable renewable power from...

February 7, 2024

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Mercom Staff

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Daily Wrap-up
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Delays in Power Supply Commencement from Renewable Projects Won’t Face Penalties

The Ministry of Power (MoP) has amended the guidelines to the tariff-based competitive bidding process for the procurement of firm and dispatchable renewable power from...

February 6, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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US Solar PPA Prices Up 3%; Europe’s Wind-Solar Rates Down 2% in Q4 2023

The national P25 solar power purchase agreement (PPA) prices in the U.S. in the fourth quarter (Q4) of 2023 rose 3% compared to Q3, while P25 wind prices increased 5%....

February 6, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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30-40 GW of Open Access Green Energy Could be Added in 4-5 Years: Interview

In an exclusive interview with Mercom India, Rahul Mishra, Senior VP and Head of Commercial & Industrial (C&I) at BluPine Energy, shared his views on the recent...

January 24, 2024

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Satish Shetty

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C&I

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Open Access
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AmpIn Inks PPA for Nagpur Metro’s 6 MW of Rooftop Solar Projects

Independent power producer AmpIn Energy Transition has signed a power purchase agreement (PPA) of 25 years for 6 MW rooftop solar projects with the Maharashtra Metro...

January 19, 2024

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Arjun Joshi

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Rooftop

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Solar
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APTEL Affirms RERC’s Ruling on Claim Against Retroactive Impact on PPAs

The Appellate Tribunal for Electricity (APTEL) has upheld the Rajasthan Electricity Regulatory Commission’s (RERC) decision dismissing a petition filed by Kishangarh...

January 8, 2024

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Arjun Joshi

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Markets & Policy

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Wind
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First Solar’s Module Manufacturing Facility to Procure Renewable Power from Cleantech

Photovoltaic modules manufacturer First Solar has entered into a 15-year captive power purchase agreement (PPA) with Cleantech Solar, a renewable energy solution...

January 5, 2024

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Satish Shetty

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C&I

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Open Access

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Solar

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Wind

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