Author: Staff

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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...

August 2, 2024

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Staff

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Energy Storage
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CESC Buys Majority Shares in Purvah Power for $24 Million

Kolkata-based power utility Calcutta Electric Supply Corporation (CESC) has acquired a 63.91% equity stake in Purvah Green Power at the cost of ₹2.05 billion (~$24.48...

August 1, 2024

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Staff

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Finance and M&A

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Solar
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KERC Issues Guidelines for Installing EV Charging Points in Buildings

Electric vehicle (EV) users in Karnataka will have to get approvals from distribution licensees to install EV chargers in non-designated areas, according to a new...

August 1, 2024

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Staff

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Electric Vehicles
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Assam Power Corporation Floats Consultancy Tender for 50 MW Solar Project

The Assam Power Generation Corporation (APCGL) has floated a tender to provide project management consultancy (PMC) services for setting up the 50 MW Lower Kopili Solar...

August 1, 2024

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Staff

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Solar

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Tenders & Auctions
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Heliene, Premier Energies to Manufacture Solar Cells in the U.S.

North America-based solar PV module manufacturer Heliene has announced a joint venture with Premier Energies, a manufacturer of solar cells and modules in India, to...

August 1, 2024

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Staff

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Manufacturing

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Modules

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Solar
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Oorja Raises $1.5 Million to Deploy Agri-Energy Infrastructure

Delhi-based solar irrigation services company Oorja Development Solutions closed its Pre-Series A funding round, raising $1.5 million from six investors. The company...

August 1, 2024

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Staff

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Finance and M&A

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Solar
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Funding and M&A Roundup: Battery Maker Addionics Raises $39 Million

From: Mercom Capital Group Addionics, an Israel-based chemistry-agnostic battery technology company, raised $39 million in a Series B funding round. The round was co-led...

July 31, 2024

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Staff

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Finance and M&A

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Other
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Project Finance Brief: JUWI Sells 267 MW Solar Portfolio in Greece

From: Mercom Capital Group JUWI, a renewable energy project developer and wholly owned subsidiary of MVV Energie, announced the sale of a 267 MW solar portfolio in...

July 31, 2024

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Staff

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Finance and M&A

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Solar
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EV Charging Aggregator ElectricPe Raises $ 3 Million from Green Frontier Capital

Electric Vehicle (EV) charging aggregator ElectricPe has raised funding of $3 million pre-series A Round from Green Frontier Capital, an early-stage venture capital fund....

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BluPine Energy Secures ₹2.39 Billion from Tata Capital

Gurugram-based renewable energy company BluPine Energy said it has secured a funding of ₹2.39 billion (~$ 28.54 million) from Tata Capital. The funding will be utilized...

July 30, 2024

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Staff

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Finance and M&A

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Solar
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Gruner Renewable Energy Secures 60 Million to Set Up CBG plants

Noida-based sustainable biogas solutions company Gruner Renewable Energy has secured funding of $60 million to establish new Compressed biogas (CBG) plants across the...

July 30, 2024

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Staff

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Biofuel

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Renewable Energy
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CESC Issues Tender to Procure 150 MW of Solar Power

The Calcutta Electric Supply Corporation (CESC) has issued a request for the selection of developers for the long-term procurement of power from 150 MW interstate...

July 29, 2024

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Staff

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Solar

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Tenders & Auctions
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Winners of Mercom’s 2024 Renewable Industry Awards Announced

At the ongoing Mercom India Renewables Summit 2024 in New Delhi, Mercom India announced the winners of the fourth annual Mercom India Awards. These prestigious awards...

July 25, 2024

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Staff

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Renewable Energy
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Rays Power Infra Raises ₹1.27 Billion Via Equity Sale

Solar EPC and turnkey solution provider Rays Power Infra has raised ₹1.27 billion (~$15.17 million) in equity capital from a clutch of high-net-worth individuals, family...

July 25, 2024

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Staff

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Finance and M&A

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Solar
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NTPC Invites Bids for 20 MW Solar Project in Madhya Pradesh

NTPC has invited bids for a 20 MW ground-mounted solar project in the MGR Bulb area of NTPC Vindhyachal in Madhya Pradesh. The scope of work covers the design,...

July 24, 2024

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Staff

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Solar

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Tenders & Auctions

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