LATEST HEADLINES
ALTÉRRA Invests $100 Million in Evren
Apr 29, 2025
Uttar Pradesh Tenders 110 MW Projects in Two Solar Parks
Apr 29, 2025
REC Raises ₹50 Billion Through Five and Ten-Year Bonds
Apr 29, 2025
Military Engineer Services Invites Bids for 1.1 MW Rooftop Solar Systems
Apr 29, 2025
Robust Capacity Additions Push Adani Green’s Q4 Revenue Up 37% YoY
Apr 29, 2025
With just over two months to go before the interstate transmission system (ISTS) charges waiver ends, the Indian renewable energy project developers are keeping their fingers crossed for an extension. The ISTS-charges waiver will ...
April 25, 2025
Mercom Research Focus
Energy Storage Funding Declines Sharply in Q1 2025Corporate funding for energy storage companies, including venture capital (VC), debt, and public market financing, totaled $2.2 billion across 31 deals in Q1 2025, according to Mercom Capital Group’s newly released Q1 2025 Funding...
April 25, 2025
Markets & Policy
Solar Corporate Funding in Q1 2025 Declines 41% as Uncertainty Weighs on MarketThe solar companies secured $4.8 billion corporate funding in 39 deals in the first quarter (Q1) of 2025, a 41% year-over-year (YoY) decrease from $8.2 billion raised in 42 deals. However, funding increased 20% quarter-over-quarte...
April 21, 2025
Solar
Rays Power, Hetvi Win Assam’s Auction to Set Up 250 MW Solar ProjectsRays Power Infra and Hetvi Construction have won the Assam Power Distribution Company’s (APDCL) engineering, procurement, and construction (EPC) auction to set up 250 MW of solar power projects in Karbi Anglong, Assam. Rays ...
April 28, 2025
LATEST HEADLINES
ALTÉRRA Invests $100 Million in Evren
Apr 29, 2025
Uttar Pradesh Tenders 110 MW Projects in Two Solar Parks
Apr 29, 2025
REC Raises ₹50 Billion Through Five and Ten-Year Bonds
Apr 29, 2025
Military Engineer Services Invites Bids for 1.1 MW Rooftop Solar Systems
Apr 29, 2025
Robust Capacity Additions Push Adani Green’s Q4 Revenue Up 37% YoY
Apr 29, 2025
Trending News
Tender & Auctions
Uttar Pradesh Tenders 110 MW Projects in Two Solar Parks
April 24, 2025
Mercom Insights
Without ISTS Waiver Extension, India’s 2030 Renewable Energy Goals Will Be at Risk
April 25, 2025
Grid
RECPDCL Invites Bids to Evacuate 3.7 GW Power from Pumped Storage Projects
April 25, 2025
Energy Storage
Military Engineer Services Invites Bids for 1.1 MW Rooftop Solar Systems
April 25, 2025
Latest News
Private climate investment vehicle ALTÉRRA will invest $100 million (~₹8.52 billion) in the India-based renewable energy company Evren. The funds will be utilized to develop and construct up to ~11 GW of solar, wind, and battery storage projects in...
April 29, 2025
The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids to set up 110 MW of solar power projects in Kanpur Dehat and Kanpur Nagar solar parks. The projects comprise 35 MW of solar projects in Kanpur Nagar solar park...
April 29, 2025
REC, a state-owned infrastructure finance company, has raised ₹50 billion (~$586 million) through the issuance of bonds. The offering included ₹30 billion (~$352 million) of five-year bonds at a coupon of 6.97% and ₹20 billion (~$234.6 million)...
April 29, 2025
The Military Engineer Services (MES), Eastern Command, Shillong Zone, has invited bids to install rooftop solar systems with a total capacity of 1,100 kW at Rangapahar Military Station in Nagaland. Bids must be submitted by May 22, 2025. Bids will...
April 29, 2025
Renewable energy company Adani Green Energy (AGEL) generated revenue of ₹26.66 billion (~$312.88 million) from power supply in the fourth quarter (Q4) of the financial year (FY) 2025, a 37% year-over-year (YoY) increase from ₹19.41 billion (~$227.79...
April 29, 2025
Rays Power Infra and Hetvi Construction won the Assam Power Distribution Company’s engineering, procurement, and construction auction to set up 250 MW of solar power projects in Karbi Anglong, Assam. Rays Power Infra and Hetvi Construction won 125...
April 29, 2025
U.S.-based microinverter and battery storage supplier Enphase Energy reported a 35.22% year-over-year (YoY) rise in revenue to $356.1 million in the first quarter (Q1) of 2025 from $263.34 million. The company attributed the revenue growth to rising...
April 29, 2025
NTPC Green Energy has invited bids for land and an extra-high-voltage transmission system package to develop up to 900 MW interstate transmission system (ISTS)-connected solar projects in Bhuj, Gujarat. Bids must be submitted by June 9, 2025. Bids...
April 29, 2025
Adopting solar energy can offer critical electricity bill savings for commercial and industrial (C&I) stakeholders. At a recent C&I Clean Energy Meet hosted by Mercom India in Mumbai, industry experts discussed savings on power bills by...
April 29, 2025
Reliance Industries has won PFC Consulting’s tender to set up a transmission system to evacuate 3 GW of power for green hydrogen/ammonia manufacturing projects in the Kandla area, Gujarat. The tender was floated in October last year. Reliance...
April 28, 2025
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