LATEST HEADLINES
Renewable Energy Developer AXIAN Energy Secures $60 Million
Jun 18, 2026
MPERC Seeks Consultants for Renewable Energy Tariff Determination
Jun 18, 2026
Himachal Pradesh Electricity Regulator Finalizes New Grid Code
Jun 18, 2026
Uttar Pradesh Approves PPAs for 130 MW of Solar Power Under KUSUM
Jun 18, 2026
Regulator Allows UP and MP to Jointly Procure 1.13 GWh Battery Storage
Jun 18, 2026
The rooftop solar market in Andhra Pradesh continues to face a complex mix of financial, , and policy-related challenges. While residential demand remains supported by the PM Surya Ghar: Muft Bijli Yojana, adoption across commerci...
June 19, 2026
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Scaling India’s Solar Cell Manufacturing Ecosystem for Global MarketsIndia’s solar manufacturing sector is entering a critical phase as the country seeks to strengthen domestic supply chains, reduce import dependence, and support its rapidly expanding solar deployment targets. India added nea...
June 19, 2026
Mercom Research Focus
India’s Floating Solar Pipeline Tops 1 GW, But Vast Potential Remains UntappedIndia’s floating solar market is gaining momentum, with the project pipeline now exceeding 1 GW and cumulative commissioned capacity also approaching the same level, according to data from the Mercom India Renewable Energy ...
June 18, 2026
Mercom Research Focus
Maharashtra’s Storage Mandate Reshapes Rooftop Solar EconomicsMaharashtra’s recent rooftop solar policy revisions have fundamentally altered project economics, making the viability of solar-plus-storage systems increasingly dependent on their ability to offset peak-hour tariffs rather ...
June 17, 2026
LATEST HEADLINES
Renewable Energy Developer AXIAN Energy Secures $60 Million
Jun 18, 2026
MPERC Seeks Consultants for Renewable Energy Tariff Determination
Jun 18, 2026
Himachal Pradesh Electricity Regulator Finalizes New Grid Code
Jun 18, 2026
Uttar Pradesh Approves PPAs for 130 MW of Solar Power Under KUSUM
Jun 18, 2026
Regulator Allows UP and MP to Jointly Procure 1.13 GWh Battery Storage
Jun 18, 2026
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Mercom Insights
Weak Vendor Rules, Financing Hurdles Hit Andhra Pradesh’s Rooftop Solar Market
Energy Storage
Regulator Allows UP and MP to Jointly Procure 1.13 GWh Battery Storage
Latest News
AXIAN Energy, an Arica-based renewable energy developer and a subsidiary of the AXIAN Group, has signed a $60 million financing facility with Mauritius Commercial Bank (MCB), a financial institution operating in the Indian Ocean region. The package...
June 18, 2026
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has invited bids for consultancy support to determine tariffs for renewable energy projects in the state. The last date to submit bids is July 14, 2026. Bids will be opened on July 20....
June 18, 2026
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has finalized the 2026 Grid Code to align the state’s grid operation framework with the Indian Electricity Grid Code. Stakeholders that submitted comments included Himachal Pradesh State...
June 18, 2026
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved 44 power purchase agreements (PPAs) signed by Uttar Pradesh Power Corporation (UPPCL) to procure 130.1 MW of solar power under Component C-2 of the Pradhan Mantri Kisan Urja...
June 18, 2026
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved UP Power Corporation’s (UPPCL) proposal for joint procurement of 1,130 MWh battery storage capacity in association with the Madhya Pradesh Power Management Company (MPPMCL) for...
June 18, 2026
Chrysalis Renewables, a global renewables investment platform established by global infrastructure manager Morrison, has acquired the Atlas V and Atlas VI solar projects in the U.S. from Hanwha Renewables, a utility-scale solar and energy storage...
June 18, 2026
JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a ₹7.5 billion (~$79.4 million) investment from Motilal Oswal Alternates, the alternative investment arm of Motilal Oswal Group, to expand its electric bus...
June 18, 2026
The Ministry of Heavy Industries (MHI) has brought electric ambulances (e-ambulances) under the ambit of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program and earmarked ₹5 billion (~$53 million) to support the...
June 18, 2026
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