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Industry Welcomes Government Push For Upstream-Focused Solar Lending

The Ministry of New and Renewable Energy’s (MNRE) recent advisory to banks and financial institutions, calling for prudence in lending to standalone solar module manufacturing, has been welcomed by the renewable energy sector. Sta...

December 15, 2025

Sponsored News

Made for Indian Grid Conditions: How PURE Energy Is Redefining Battery Storage

India’s commercial and industrial (C&I) sector is rapidly adopting battery energy storage systems (BESS) for power arbitrage and greater grid independence, even as residential uptake accelerates. A key growth driver is replaci...

December 16, 2025

Finance and M&A

India Attracts ₹7.16 Trillion in Clean Energy Investments Since FY 2021

Over the last five financial years, public sector banks, government-owned/controlled financial institutions, and foreign direct investments have cumulatively invested around ₹7.16 trillion (~$79.13 billion) in India’s renewable en...

December 18, 2025

Markets & Policy

CAG Pulls Up Coal India for Tardy Implementation of Solar Projects

The Comptroller and Auditor General of India (CAG) has pulled up government-owned Coal India (CIL) for the tardy implementation of its solar energy initiatives and recommended that it ‘fast-track’ project execution to meet its Net...

December 18, 2025

Latest News

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Poland to Invest $73 Million in Local Renewable Energy and Storage Projects

Poland’s Ministry of Climate and Environment has signed eight additional agreements with energy clusters, allocating PLN264 million (~$73.42 million) to support local renewable energy and storage projects. The agreements are part of Poland’s...

December 19, 2025

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APERC Approves 1.16 GW Solar Procurement with ₹3.09/kWh Tariff Cap

The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved the procurement of 1,162.8 MW of solar power for feeder-level solarization of agricultural feeders under Component C of the PM-KUSUM program. The approval covers projects...

December 19, 2025

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Alpex Solar to Raise ₹1.25 Billion Through Issue of Debentures

Module manufacturer Alpex Solar’s board of directors has approved raising ₹1.25 billion (~$13.8 million) through the issuance of secured, redeemable, unlisted, unrated, and non-convertible debentures (NCDs). Alpex will issue 12,500 NCDs, each with a...

December 19, 2025

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Venwind Refex to Supply 148 MW of Wind Turbines to Jindal Steel

Chennai-based wind energy solutions company Venwind Refex Power (VRPL), a subsidiary of Refex Industries, has received an order to supply 148 MW of wind turbine generators to Jindal Steel and Power Group for wind projects in Tamil Nadu. VRPL will...

December 19, 2025

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Germany Sets Price Ceilings for 2026 Onshore Wind and Rooftop Solar Auctions

Germany’s Federal Network Agency (Bundesnetzagentur) has set price ceilings of €0.0725 (~$0.085)/kWh for onshore wind and €0.1 (~$0.12)/kWh for rooftop solar project auctions being held in 2026. The price determinations will also apply to the...

December 19, 2025

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POWERGRID’s Transmission Project to Evacuate 4.5 GW Renewables Goes Online

POWERGRID Khavda II-B Transmission, a wholly owned subsidiary of Power Grid Corporation of India (PGCIL), has commissioned an interstate transmission system to evacuate 4.5 GW of renewable energy from the Khavda polling station in Kutch District,...

December 19, 2025

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WBERC Approves CESC’s Proposal to Procure 600 MW Wind-Solar Hybrid Power

The West Bengal Electricity Regulatory Commission (WBERC) has granted CESC approval to procure 600 MW of wind-solar hybrid power through tariff-based competitive bidding. The Commission held that the proposed long-term procurement was justified by...

December 19, 2025

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Daily News Wrap-Up: India Secures ₹7.16 Trillion in Green Energy Funding

Over the last five financial years, public sector banks, government-owned/controlled financial institutions, and foreign direct investments have cumulatively invested around ₹7.16 trillion (~$79.13 billion) in India’s renewable energy sector....

December 19, 2025

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RIMS Invites Bids for 1.4 MW Rooftop Solar Systems at its Campus in Manipur

Regional Institute of Medical Sciences (RIMS) has invited bids to install 1.4 MW of grid-connected rooftop solar systems on RESCO mode at its buildings in Imphal, Manipur. Bids must be submitted by January 17, 2026. Bids will be opened on January 19....

December 19, 2025

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Rajasthan Electricity Regulator Approves Green Energy Open Access Procedure

The Rajasthan Electricity Regulatory Commission (RERC) has approved the detailed procedure for granting green energy open access (GEOA) in the state in line with the RERC (Terms and Conditions for Green Energy Open Access) Regulations, 2025. RERC...

December 19, 2025

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