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When Does It Pay to Give Up PM Surya Ghar Subsidy?

The Ministry of New and Renewable Energy’s (MNRE) option that allows residential consumers to voluntarily forgo subsidies under the PM Surya Ghar: Muft Bijli Yojana could create a separate market opportunity for larger rooftop sol...

June 24, 2026

Grid

Aligning Capacity, Transmission and Demand Key to India’s Renewables Growth

Large-scale renewable energy deployment in India is entering a phase where project capacity must be matched by transmission infrastructure, capital availability, supply chain readiness, land access, and operational coordination. A...

June 26, 2026

Modules

India’s Solar Manufacturing Push Shifts Focus to BoS and BoM Components

As India expands its solar manufacturing and deployment capabilities, attention is increasingly shifting toward establishing a fully self-reliant domestic supply chain encompassing bill of materials (BoM) and balance-of-system (Bo...

June 24, 2026

Renewable Energy

Mercom India Awards: Charting the Future of Clean Energy and Innovation

The winners of the sixth Mercom India Awards 2026 will be announced during the Mercom India Renewables Summit 2026, and the awards will be presented by Union Minister for New and Renewable Energy Pralhad Joshi. For over a decade, ...

June 24, 2026

Latest News

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Decentralized Energy and the Future of Corporate Renewable Power Procurement

As India’s power demand rises with the expansion of digital infrastructure and commercial and industrial (C&I) activity, decentralized energy solutions are gaining prominence as businesses seek reliable, cost-effective, and low-carbon...

June 26, 2026

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Karnataka Reduces Deviation Settlement Band for Solar Projects to ±5%

The Karnataka Electricity Regulatory Commission (KERC) has retained the deviation settlement tolerance band for solar projects to ±5%, rejecting stakeholder suggestions to keep it at ±10% for at least two years. In April 2026, the Karnataka High...

June 25, 2026

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Telangana Power Regulator Clears 1.5 GWh Battery Storage Procurement

The Telangana Electricity Regulatory Commission (TGERC) has approved the procurement of 375 MW/1,500 MWh of battery energy storage capacity, proposed by distribution companies (DISCOMs) through the Telangana Power Generation Corporation (TGGENCO),...

June 25, 2026

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Jupiter Commissions 1.25 GW TOPCon Solar Cell Manufacturing Facility

Kolkata-based Jupiter International has commissioned a 1.25 GW TOPCon solar cell manufacturing unit at its Baddi complex in Himachal Pradesh. The company’s total solar cell manufacturing capacity currently stands at 3.25 GW with the addition of the...

June 25, 2026

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Suzlon Energy Bags 400 MW Wind EPC Order in Andhra Pradesh

Suzlon Energy (SEL) has secured an engineering, procurement, and construction (EPC) contract to develop a 400 MW wind energy project in the Anantapur district of Andhra Pradesh, pushing the company’s orderbook in the southern state to around 1...

June 25, 2026

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GB Solar Commissions 2 GW Module Manufacturing Facility in Gujarat

Gujarat-based GB Solar Technologies has commissioned a 2 GW solar module manufacturing facility in Karjan, Vadodara. GB Solar said the facility was commissioned on June 1, 2026, with an annual production capacity of 2 GW. It said the project...

June 25, 2026

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Torrent Power Raises ₹38 Billion Via Non-Convertible Debentures

Gujarat-based Torrent Power has raised ₹38 billion (~$402 million) through the private placement of secured, rated, listed, taxable, non-cumulative, redeemable, and non-convertible debentures (NCDs). The company issued 380,000 NCDs with a face value...

June 25, 2026

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Daily News Wrap-Up: ‘Give It Up’ Option May Boost Large-Scale Rooftop Solar

The Ministry of New and Renewable Energy’s (MNRE) option, allowing residential consumers to voluntarily forgo subsidies under the PM Surya Ghar Muft Bijli Yojana, could create a distinct market opportunity for larger rooftop solar installations. The...

June 25, 2026

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Capital Markets, IPOs, and the Next Wave of Renewable Energy Growth

As India’s clean energy sector enters its next phase of growth, capital markets are emerging as a critical source of financing. Renewable energy developers, EPC companies, manufacturers, and other industry participants are increasingly tapping...

June 25, 2026

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