Archive

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Insolation’s Revenue Up 58% YoY in 2H FY 2025 Due to Market Expansion

Jaipur-based solar module manufacturer Insolation Energy has reported a 58.35% year-over-year (YoY) growth in revenue to ₹7.3 billion (~$85.56 million) in the second...

May 28, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Regulators Propose Exempting PSPs from Electricity Duty, ISTS Charges

The Forum of Regulators has recommended exempting electricity duty and cess on input energy for pumping to reduce costs and promote investments in pumped storage...

May 28, 2025

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B.S. Nagaraj

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Other

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Renewable Energy

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Water
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Bhaskar Jyoti Bags Contract for 1.3 MW Rooftop Solar Project from CMPDI

Rajasthan-based solar power company Bhaskar Jyoti has won a contract from the Central Mine Planning and Design Institute (CMPDI), a subsidiary of Coal India, to install...

May 28, 2025

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Arjun Joshi

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Solar

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Tenders & Auctions
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India Adds 1.2 GW of Rooftop Solar Capacity in Q1 2025, a 232% YoY Growth

India added 1.2 GW of rooftop solar capacity in the first quarter (Q1) of 2025, up 232% year-over-year (YoY) from 366.5 MW. Installations in Q1 saw a decline of 6.2%...

May 28, 2025

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Tina Freese

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Mercom Research Focus

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Solar
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MNRE, EU Trade Council Call for Proposals on Waste-to-Green Hydrogen Projects

The Ministry of New and Renewable Energy (MNRE) and the European Union’s Trade and Technology Council have invited bids to generate renewable hydrogen from agricultural,...

May 28, 2025

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Melvin Mathew

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Other

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Waste to Energy
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Daily News Wrap-Up: SECI Announces 1.2 GW RTC Power Procurement Auction Winners

Hero Solar Energy (Hero Future Energies), Hexa Climate Solutions, Sembcorp Green Infra, and Jindal India Power won Solar Energy Corporation of India’s auction to procure...

May 28, 2025

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Mercom Staff

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Daily Wrap-up
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Funding and M&A Roundup: Sention Technologies Raises $5 Million

From: Mercom Capital Group Sention Technologies, a company that provides battery quality monitoring solutions, has secured £3.7 million (~$5 million) in seed funding....

May 28, 2025

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Staff

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Finance and M&A

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Other
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MENA Weekly Roundup: Masdar Raises $1 Billion Through Green Bonds Issue

Masdar issued an additional $1 billion green bond, bringing the total outstanding value of its green bond program to $2.75 billion. The bond was issued in two equal...

May 28, 2025

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Tina Freese

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Renewable Energy

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Solar
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China’s Dominance in Critical Minerals Supply and Refining Continues: IEA

China was the key supplier of battery metals, including lithium, nickel, cobalt, and graphite, in 2024, according to the Global Critical Minerals Outlook 2025 report by...

May 28, 2025

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Tina Freese

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Other Energy

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Renewable Energy
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Project Finance Brief: Doral Renewables Secures $1.5 Billion for Solar Project

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, secured $1.5 billion in construction project financing for the Mammoth...

May 28, 2025

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Staff

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Finance and M&A

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Solar

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