Archive

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Ireland Allocates €1.1 Billion in Budget 2026 to Accelerate Energy Transition

The Government of Ireland has allocated almost €1.1 billion (~$1.16 billion) in Budget 2026 to accelerate its energy transition and support the country’s path to a...

October 10, 2025

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Staff

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Markets & Policy

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Renewable Energy
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Government Proposes Cost-Reflective Power Tariffs in Draft Amendment Bill

To make distribution companies more financially viable, the Ministry of Power has proposed an amendment to the Electricity Act, 2003, mandating the electricity...

October 10, 2025

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Melvin Mathew

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Markets & Policy

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Solar
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Solar Solutions Firm Natrinai Files Papers for ₹43.6 Million IPO

Coimbatore-based solar energy company, Natrinai Green Energy, has received BSE’s approval for its draft red herring prospectus (DRHP) for an initial public offering...

October 10, 2025

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Staff

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Finance and M&A

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Solar
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ENGIE Inks Power Purchase Agreement with SECI for 100 MW Solar Project

ENGIE India has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 100 MW solar power project in Barmer, Rajasthan. ENGIE said...

October 10, 2025

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Arjun Joshi

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Solar

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Utility Scale
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Mahindra Susten Secures Financial Closure for 45 MW Solar Project in Punjab

Mahindra Susten, the clean-tech arm of the Mahindra Group, has achieved financial closure for its 45 MW solar power project in Bathinda, Punjab. The project, developed...

October 10, 2025

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Staff

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Finance and M&A

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Solar
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Seventeen Power Transformers Fail in 1H 2025, Many Early in Operation

Transmission utilities have reported 17 cases of failure of power transformers of 220 kV and above voltage between January and June 2025, according to a report by the...

October 10, 2025

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B.S. Nagaraj

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Grid

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Market & Policy
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Solar Module Prices Up 3.7% as US Safe Harbor Deadline Nears: Report

Solar module prices for distributed generation projects in the U.S. increased by 3.7% to $0.28/W in the third quarter (Q3) of 2025, according to Anza Renewables. The...

October 10, 2025

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Melvin Mathew

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Modules

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Solar
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Sun Drops Energia Bags 100 MW Solar Projects in Gujarat

Sun Drops Energia, a subsidiary of KPI Green Energy, has won an aggregate capacity of 100 MW solar projects under Gujarat’s Distributed Renewable Energy Bilateral...

October 10, 2025

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Melvin Mathew

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Solar

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Tenders & Auctions
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Telangana Drops Additional Surcharge for Open Access Consumers in 2H FY 2026

The Telangana Electricity Regulatory Commission (TGERC) has determined that no additional surcharges will be levied on open access power consumers for the second half...

October 10, 2025

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Melvin Mathew

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Markets & Policy

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Open Access

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Solar

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Wind
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Solex Energy’s Revenue Up 52% YoY to ₹4 Billion in 1H FY2026

Gujarat-based solar module manufacturer, Solex Energy, has reported a 52% year-over-year (YoY) revenue growth of ₹4.15 billion (~$46.83 million) in the first half (1H)...

October 10, 2025

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Staff

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Finance and M&A

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Solar
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Reliance, ACME Among Winners of SJVN’s 6 GWh Peak Renewable Power Auction

Reliance NU Energies, Sembcorp Green Infra, Solarcraft Power India 8 (BluPine Energy), and ACME Solar Holdings have won SJVN’s auction to supply 6 GWh (1.5 GW x 4 Hours)...

October 10, 2025

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Arjun Joshi

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Other

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-Up: Banks Approve 579,000 Loans Under PM Surya Ghar

Public sector banks (PSBs) approved more than 579,000 loan applications worth ₹109.07 billion (~$1.23 billion) under the PM Surya Ghar: Muft Bijli Yojana, as of...

October 10, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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Delhi Metro Invites Bids to Procure 170 MW Solar, 680 MWh BESS

The Delhi Metro Rail Corporation (DMRC) has invited bids from developers to supply 170 MW of solar power from an interstate transmission system (ISTS)-connected captive...

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Australia Awards 6.6 GW Renewables and 3.5 GW Storage in Latest Auction

Australia’s Department of Climate Change, Energy, Environment and Water has announced the results of the fourth auction under its Capacity Investment Scheme (CIS)....

October 9, 2025

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Arjun Joshi

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Energy Storage

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Solar

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Tenders & Auctions
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Crompton Greaves Secures Rooftop Solar Order Worth ₹516 Million

Crompton Greaves Consumer Electricals has secured a supply order worth ₹515.9 million (~$5.8 million) for solar modules, inverters, and AC and DC distribution boxes for...

October 9, 2025

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Melvin Mathew

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Rooftop

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Solar

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