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Micromax, Patanjali Among Winners of Rajasthan DISCOM’s 2 GWh BESS Auction

Eleven companies have won Rajasthan Rajya Vidyut Utpadan Nigam’s (RVUNL) auction to set up 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS). The successful bidders are Stockwell Solar, Oswal Cables, Micromax Inf...

October 8, 2025

Mercom Research Focus

India Added 48.4 MWh of Energy Storage Capacity in 1H 2025

India added 48.4 MWh of energy storage capacity in the first half (1H) of 2025, a 74% decline from 186 MWh added in the same period last year, according to the newly released India’s Energy Storage Landscape 1H 2025 Report b...

October 7, 2025

Mercom Research Focus

India Moves to Secure Rooftop Solar Data with Stricter Inverter Protocols

India is moving to keep rooftop solar telemetry on India-based servers to protect data leakage, as the Ministry of New and Renewable Energy (MNRE) advances a national, vendor-neutral data layer for inverters under the PM Surya Gha...

October 6, 2025

Markets & Policy

Maharashtra Launches Rooftop Solar Program for Economically Weaker Sections

The Maharashtra government has approved the Self-Reliant Maharashtra Residential Rooftop (SMART) solar program under which households below poverty line (BPL) will need to pay only ₹2,500 (~$28.20) for a 1 kW rooftop solar system....

October 8, 2025

Latest News

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Sembcorp to Acquire 300 MW Solar Project from ReNew

Sembcorp Green Infra, a wholly owned subsidiary of Singapore-based energy solutions company Sembcorp Industries, has signed a share purchase agreement with ReNew to acquire 100% of ReNew Sun Bright, its subsidiary, for approximately SGD246 million...

October 8, 2025

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Germany Awards 486 MW of Projects in Solar Plus Storage Auction

Germany’s Federal Network Agency (Bundesnetzagentur) has awarded 486 MW of solar plus storage projects under its innovation auction. The successful bid prices ranged from €0.0479 (~$0.056)/kWh to €0.0559 (~$0.065)/kWh, with an average...

October 8, 2025

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Advait Wins ₹873 Million Order for Power Transmission Line Restoration Systems

Advait Energy Transitions has secured an order worth ₹872.9 million (~$9.85 million) from the Power Grid Corporation of India (POWERGRID) for supplying emergency restoration systems (ERS) under package ERS-II. The order involves the procurement of...

October 8, 2025

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Hero Energies Secures ₹19.8 Billion Funding from SBI, Canara Bank

Renewable energy company Hero Future Energies has secured a loan of ₹19.8 billion (~$221 million) from public sector banks State Bank of India and Canara Bank for the development of a 120 MW wind-solar hybrid project with energy storage systems. In...

October 8, 2025

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Rajasthan Sets ₹6.50/kWh Base Tariff for Large Industries, Voltage Rebates Stay

Rajasthan Electricity Regulatory Commission (RERC) has approved retail electricity tariffs for the financial year (FY) 2026.  For the commercial category with a monthly contract demand of over 50 kVA, the energy charge is reduced by 3.9% from ₹8.85...

October 8, 2025

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Saatvik Green Receives Solar Module Orders Worth ₹7 Billion

Haryana-based solar module manufacturer Saatvik Green Energy has received orders worth approximately ₹7.07 billion (~$79.62 million) to supply solar modules to undisclosed Indian independent power producers and engineering, procurement, and...

October 8, 2025

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RPSG Solvanta Commissions 4 GW Solar Module Manufacturing Facility

RPSG Solvanta, the solar manufacturing wing of the RP Sanjiv Goenka Group, has announced the commissioning of its 4 GW solar module manufacturing facility in Greater Noida, Uttar Pradesh. According to the Group, the facility will focus on adopting...

October 8, 2025

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Loom Solar Commissions 17.9 MW Utility-Scale Solar Projects in Four States

Foraying into utility-scale projects, Haryana-based solar energy solutions company Loom Solar has commissioned 17.9 MW of solar projects across India. The projects include an 8 MW project in Tamil Nadu, a 5.3 MW project in Madhya Pradesh, a 1.1 MW...

October 8, 2025

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IREDA’s Loan Approvals Grow 86% YoY to ₹331 Billion in Q2 FY 2026

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has announced an 86% year-over-year (YoY) growth in its approved loans as of the end of the second quarter (Q2) of the financial year (FY) 2026. IREDA’s approved loans stood...

October 8, 2025

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