tata-power

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Creating a Supportive Policy Environment for Renewable Energy Deployment

Facilitating the widespread adoption of renewable energy requires a coordinated effort between state and central agencies. Equally important is establishing a policy...

July 22, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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MERC Allows Compensation for Renewable Energy Developer on GST Rate Change

The Maharashtra Electricity Regulatory Commission (MERC) ruled in favor of TP Saurya (TPSL), a subsidiary of Tata Power Renewable Energy, declaring the increase in Goods...

June 25, 2024

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Arshreet Singh

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Markets & Policy

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Solar
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Daily News Wrap-Up: Top Rooftop Solar Installers in 2023

Tata Power Solar, Amplus Solar, Roofsol Energy, Havells India, and Mahindra Solarize were the top rooftop solar companies in India during the calendar year (CY) 2023,...

May 16, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: India Added 1.2 GW Wind Capacity in Q1 2024

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...

May 10, 2024

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Mercom Staff

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Daily Wrap-up
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Tata Power Hits Record Profits of ₹42.8 Billion in FY 2024

Tata Power, an integrated power company, recorded a profit after tax of ₹10.46 billion (~$125.28 million) in the fourth quarter (Q4) of the financial year (FY) 2024, a...

May 9, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: China Installs 46 GW Solar Capacity in Q1 2024

China installed 45.74 GW of solar power capacity in the first quarter of 2024, a 35.8% year-over-year growth, according to the National Energy Administration. The...

April 25, 2024

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Mercom Staff

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Daily Wrap-up
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Tata Power, Indian Bank Partner for Residential Rooftop Solar Financing

Tata Power Solar Systems Limited (TPSSL) will partner with the Indian Bank to bolster the adoption of affordable rooftop solar in the residential segment by making...

April 24, 2024

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Staff

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Rooftop

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Solar
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GUVNL to Procure Power at ₹2.81/kWh from O2 Power’s 200 MW Solar Projects

The Gujarat Electricity Regulatory Commission (GERC) has, in a recent order, adopted the tariff of ₹2.81 ($0.033)/kWh quoted by TEQ Green Power, a subsidiary of O2 Power,...

April 3, 2024

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Staff

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Markets & Policy

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Solar
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Axis, ReNew, Juniper, Serentica, TPREL Win NTPC’s 3 GW FDRE-II Auction

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

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Daily News Wrap-Up: India’s Rooftop Solar Installations Reach 1.7 GW in 2023

India installed 1.7 GW of rooftop solar capacity in 2023, the second-highest annual installation numbers on record, according to Mercom India Research’s newly...

March 4, 2024

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Mercom Staff

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Daily Wrap-up
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MERC Approves Tariffs for Tata Power’s 225 MW Wind-Solar Hybrid Projects

The Maharashtra Electricity Regulatory Commission (MERC) has approved Tata Power Company – Distribution’s (TPC-D) adoption of tariffs of ₹3.27 (~$0.0394)/kWh and...

March 1, 2024

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Arshreet Singh

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Renewable Energy
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SECI Commissions 120 MWh Battery Energy Storage System in Chhattisgarh

The Solar Energy Corporation of India (SECI) has commissioned a 40 MW/120 MWh Battery Energy Storage System (BESS) project associated with a 100 MW solar power project...

February 26, 2024

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Satish Shetty

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Energy Storage

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Market & Policy
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Corporate Buying of Clean Energy Increased 12% in 2023: BNEF

Corporations announced a record 46 GW of solar and wind contracts in 2023, with a 12% year-over-year (YoY) increase from 41 GW in 2022, according to Bloomberg New Energy...

February 19, 2024

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: India’s Solar Generation Up 10% YoY in 2023

India generated around 104.83 billion units (BU) of solar power in the calendar year 2023, a 10.17% increase from 95.15 BU generated in 2022, according to the recent...

February 13, 2024

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Mercom Staff

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Daily Wrap-up
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Tata Power Reports Net Profit for 17th Consecutive Quarter in Q3 FY 2024

Tata Power, an integrated power company, recorded a net profit of ₹10.76 billion (~$129.6 million) in the third quarter (Q3) of the financial year (FY) 2024, a growth of...

February 12, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy

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