Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
Tag: Raj Prabhu
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Solar Tenders witness drop in November
Solar tender and auction activity in India had a steep decline in November 2017. The solar capacity tendered across the country during the month fell by 25 percent to 300 MW compared to the October 2017 total and the amount of solar auctioned dropped by 98 percent to just 5 MW.
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Total solar sector corporate funding comes in at $9.1 billion in 2016
Mercom Capital Group, a global clean energy communications and consulting firm, has released its report on funding and mergers & acquisitions (M&A) activity for the solar sector in 2016.
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Global corporate funding in solar sector falls 64percent in 2016
Total global corporate funding in the solar sector, including venture capital/private equity (VC), debt financing, and public market financing, raised by public companies came to $9.1 billion in 2016, compared to $25.3 billion in 2015, a 64 per cent drop, clean energy consulting firm Mercom Capital has said.
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Solar energy: 100 GW Target
On June 17, 2015, the Centre approved the proposal to boost the countryĆĀ“s solar power capacity target under the National Solar Mission by five times, to achieve 100 GW by 2022
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Smart grid and solar leverages VC funding
While VC funding in smart grid jumped to $185 million globally in the first quarter of 2015, the solar sector drew the maximum attraction with $6.4 billion funding in the same period. WhatĆĀ“s more, there was a record growth in residential and commercial solar funds to the tune of $1.9 billion.
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Solar power equipment firms must focus on quality
Mercom Capital Group is a clean energy communications and consulting firm with offices in the United States and India. Mercom consults its clients on market entry, strategy, policy, due-diligence and joint ventures.