Breaking
thumbnail
Oriana Power Wins SECI’s Auction to Supply 60,000 TPA of Green Ammonia

Oriana Power has won Solar Energy Corporation of India’s (SECI) auction to supply 60,000 tons per annum (TPA) of green ammonia under the Strategic Interventions for Green Hydrogen Transition (SIGHT) program (Mode-2A-Tranche-I). Th...

August 7, 2025

Mercom Research Focus

India’s Solar Power Generation Rises 19.2% YoY in Q2 2025

India generated approximately 43 billion units (BU) of solar power in the second quarter (Q2) of the calendar year 2025, a 19.2% year-over-year (YoY) increase. Solar generation was up by 2.5% quarter-over-quarter (QoQ) from 42.1 B...

August 7, 2025

Markets & Policy

Power Ministry Ends Uniform Renewable Energy Tariff Mechanism

The Ministry of Power has ended the uniform renewable energy tariff (URET) mechanism in response to concerns of renewable energy implementing agencies and developers over the reluctance of procurers to sign power purchase agreemen...

August 6, 2025

Grid

Supreme Court Orders States to Pay ₹1.74 Trillion Dues to DISCOMs in Four Years

The Supreme Court of India has directed the states to clear the pending dues of approximately ₹1.74 trillion (~$19.72 billion) owed to distribution companies (DISCOMs) within four years. New dues created after April 1, 2024, must ...

August 7, 2025

Latest News

thumbnail
Lower Home Solution Sales Reduce SMA Solar’s 1H 2025 Revenue by 10% YoY

Germany-based solar energy equipment supplier SMA Solar Technology reported sales of €684.9 million (~$795.6 million) for the first half (1H) of 2025, marking a 9.8% year-over-year (YoY) decline from €759.3 million (~$881.9 million). Sales in the...

August 7, 2025

thumbnail
Renewables Growth Drives Tata Power’s Revenue, Profit Up in Q1 FY 2026

Integrated power company, Tata Power, reported a profit after tax of ₹12.62 billion (~$144 million) in the first quarter (Q1) of the financial year (FY) 2026, a 6% year-over-year (YoY) increase from ₹11.89 billion (~$135.67 million). The company...

August 7, 2025

thumbnail
Uttar Pradesh Regulator Approves Tariffs for 1,280 FDRE Procurement

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the power sale agreement (PSA) between Uttar Pradesh Power Corporation (UPPCL) and NHPC for the procurement of 1,280 MW of firm and dispatchable renewable energy (FDRE) at...

August 7, 2025

thumbnail
Maharashtra Issues Draft Deviation Settlement Mechanism Regulations

The Maharashtra Electricity Regulatory Commission (MERC) has released the Draft Deviation Settlement Mechanism (DSM) and Related Matters Regulations, 2025, proposing significant changes to deviation accounting, scheduling, despatch, and financial...

August 7, 2025

thumbnail
Daily News Wrap-Up: Power Ministry Ends URET Mechanism

The Ministry of Power ended the uniform renewable energy tariff (URET) mechanism in response to concerns of renewable energy implementing agencies and developers over the reluctance of procurers to sign power purchase agreements. The Ministry said...

August 7, 2025

thumbnail
EU Solar Market to Shrink 1.4% in 2025, First Decline Since 2015

The European Union (EU) is projected to install 64.2 GW of new solar capacity in 2025, down from 65.1 GW in 2024, a projected 1.4% annual decline, the first since 2015, according to SolarPower Europe’s mid-year market report. The projected decrease...

August 7, 2025

thumbnail
Solar PPA Prices Stagnate in North America, Drop 5% in Europe: LevelTen

In the second quarter (Q2) of 2025, P25 solar prices, which are the 25th percentile of offered prices in power purchase agreements (PPAs), increased by 1% for North America, according to LevelTen Energy’s Market-Averaged Continental Index report....

August 7, 2025

thumbnail
Singareni Collieries Floats EPC Tender for 15 MW Rooftop Solar Projects

The Singareni Collieries Company (SCCL) has invited bids for the engineering, procurement, and construction of rooftop solar projects with a cumulative capacity of 15 MW in Telangana. The projects will be implemented on the rooftops of residential...

August 7, 2025

MORE NEWS