Featured
thumbnail
REIAs Justify Charging Trading Margin, Want Issue Settled with DISCOMs

A ₹0.07 (~$0.0008)/kWh trading margin and the discovered tariff have become a bone of contention between renewable energy implementing agencies (REIAs) and buying entities. As intermediary procurers, REIAs charge a trading margin ...

March 27, 2025

C&I

Hydroponics Farmer Installs Solar, Saves ₹300,000 a Year in Power Bills

Various sectors, including agriculture, have realized the benefits of cost savings from switching to solar energy. For a hydroponics farmer, recovering the cost of the solar system in three years, saving on electricity costs, whic...

March 31, 2025

Renewable Energy

Through Agrivoltaics, Farmers Can Earn Dual Income from Crops and Solar: Interview

Agrivoltaics, the integration of solar power generation with agriculture, is emerging as a game-changer for India’s energy and farming sectors. Agrivoltaics enables dual land use, helping farmers generate their own energy wh...

March 28, 2025

Mercom Research Focus

India’s Solar Exports Decline 16% YoY in 2024, Imports Down 10%

Indian solar module and cell exports decreased 16% year-over-year (YoY) to $1.5 billion (~₹129.4 billion) in 2024 from $1.8 billion (~₹152 billion), according to recent data published by the Department of Commerce. Indian solar ex...

March 27, 2025

Latest News

thumbnail
Sterlite Power Bags Transmission Project to Evacuate 4.5 GW Renewable Energy

Resonia (Sterlite Power) has bagged PFC Consulting’s transmission works to augment the interstate transmission system at the Ananthapur-II Renewable Energy Zone (Phase I) in Andhra Pradesh to evacuate 4.5 GW of renewable energy. The company won the...

April 1, 2025

thumbnail
NRL Floats EoI to Supply Renewable Power for a Green Hydrogen Project

Numaligarh Refinery (NRL) has invited expressions of interest (EoI) to identify power suppliers for its refinery in Golaghat, Assam. The company is seeking about 100 MW of fully dispatchable power, with a minimum of 20 MW from renewable sources, to...

April 1, 2025

thumbnail
DISCOM Dues to Power Generators Rise to ₹529 Billion in March 2025

Distribution companies (DISCOMs) owed power generators ₹528.6 billion (~$6.17 billion) in total dues for the monthly billing cycle in March 2025, according to the Ministry of Power’s payment ratification and analysis portal PRAAPTI. The DISCOMs owed...

April 1, 2025

thumbnail
Electric Vehicle Sales Clock 3% YoY Growth in Q1 2025

Electric vehicle (EV) sales in India reached 514,198 units in the first quarter (Q1) of 2025, an increase of over 3% year-over-year (YoY) against the 499,930 units sold in the same period of 2024. EVs account for 8% of overall automobile sales,...

April 1, 2025

thumbnail
IREDA’s FY 2025 Loan Approvals Grow 27% YoY

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has announced a 27% rise in loan approvals for the financial year (FY) 2025, as per provisional data. IREDA’s loan approvals stood at ₹474.53 billion (~$5.5 billion) in FY...

April 1, 2025

thumbnail
Bihar Adds Distributed Renewable Energy to its Proposed RPO Targets

The Bihar Electricity Regulatory Commission (BERC) has proposed including a new category of distributed renewable energy in its Renewable Power Obligation (RPO) for the financial year (FY) 2030. The proposed targets were published in the draft Bihar...

April 1, 2025

thumbnail
Madhya Pradesh Regulator Allows Solar Developer to Enhance DC Capacity

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has allowed a developer to enhance the direct current (DC) capacity of its 25 MW solar project, provided the developer adheres strictly to the existing contractual terms and regulatory...

April 1, 2025

thumbnail
Jodhpur DISCOM Invites EoI for 2.4 GW Solar Projects

Jodhpur Vidyut Vitran Nigam (JdVVNL) has invited expressions of interest (EoI) to develop cumulative 2,360.5 MW solar power projects through the renewable energy service model under Component A of Pradhan Mantri Kisan Urja Suraksha evam Utthaan...

April 1, 2025

thumbnail
Prozeal Green Energy Files Draft Papers for ₹7 Billion IPO

Solar engineering, procurement, and construction company Prozeal Green Energy has filed its draft red herring prospectus (DRHP) for its ₹7 billion (~$81.81 million) initial public offering (IPO) with the market regulator, the Securities and Exchange...

April 1, 2025

thumbnail
Lower Home Solution Segment Sales Reduce SMA Solar’s Revenue by 20%

Germany-based solar energy equipment supplier SMA Solar Technology has reported a 19.7% decline in its 2024 revenue, primarily due to a significant decrease in sales in the home solutions segment. The company’s full-year revenue totaled €15.30...

April 1, 2025

MORE NEWS