Author: Staff

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Rajasthan Regulator Approves Tariffs for 229 MW Solar Projects under KUSUM

The Rajasthan Electricity Regulatory Commission (RERC) has approved the levelized tariffs determined through a competitive bidding process conducted by the Jaipur Vidyut...

July 9, 2025

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Staff

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Market & Policy

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Solar
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Accelerating India’s Net Zero Strategy with Energy Storage and Green Hydrogen

Energy storage and green hydrogen are crucial for mitigating the intermittency of renewable energy sources, such as solar and wind, thereby enabling a continuous power...

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MCX to Start Electricity Futures Trading from July 10, 2025

The Multi Commodity Exchange of India (MCX), a commodity derivatives and options exchange, will launch electricity futures contracts from  July 10, 2025, enabling power...

July 9, 2025

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Staff

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Finance and M&A

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T&D
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Funding and M&A Roundup: Opdenergy Secures $412 Million

From: Mercom Capital Group Opdenergy, an independent renewable energy producer, has secured a new corporate debt facility of €350 million (~$412 million) through senior...

July 9, 2025

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Staff

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Finance and M&A

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Other
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Project Finance Brief: ContourGlobal Acquires 1.6 GW Battery Energy Storage Projects

From: Mercom Capital Group ContourGlobal, a renewable energy power generation and a subsidiary of KKR, announced the acquisition of battery energy storage projects...

July 9, 2025

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Staff

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Finance and M&A

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Solar
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India Added 341 MWh of Energy Storage Capacity in 2024

India installed over 341 MWh of battery energy storage systems (BESS) in 2024, marking an over sixfold increase from the 51 MWh installed in 2023, according to Mercom...

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GERC Approves Tariff of ₹2.78/kWh for 500 MW Solar Power Procurement

The Gujarat Electricity Regulatory Commission (GERC) has approved the power purchase agreement (PPA) signed between Gujarat Urja Vikas Nigam (GUVNL) and NTPC Renewable...

July 8, 2025

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Staff

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Market & Policy

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Solar
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Solar Glass Manufacturer Borosil’s German Arm Files for Insolvency

Solar glass manufacturer Borosil Renewables has announced that its step-down German subsidiary, Glasmanufaktur Brandenburg (GMB), has filed for insolvency under the...

July 7, 2025

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Staff

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Finance and M&A

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Solar
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H&H Aluminium Sets Up ₹1.5 Billion Solar Frame Plant in Gujarat

Gujarat-based solar frame manufacturer H&H Aluminium has set up a 24,000 metric tons per annum capacity aluminum solar frame manufacturing plant in Rajkot, Gujarat....

July 7, 2025

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Staff

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Manufacturing

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Solar
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India’s C&I Sector Increasingly Adopting Clean Energy to Decarbonize Operations

Commercial and industrial (C&I) units in India are increasingly adopting solar energy as a viable, cost-effective, and sustainable alternative to conventional power...

July 7, 2025

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Staff

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C&I

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Renewable Energy
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Hazoor Multi Projects Secures EPC Contract for 200 MW Solar Project at Khavda

Hazoor Multi Projects has secured a letter of award from Apollo Green Energy for the engineering, procurement, and construction (EPC) of a 200 MW solar power project at...

July 4, 2025

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Staff

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Solar

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Tenders & Auctions
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GCF Approves $200 Million for ADB’s India Clean Energy Program

The Green Climate Fund (GCF) has approved $200 million (~₹17.07 billion) for a new program led by the Asian Development Bank (ADB) to enhance large-scale public and...

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Bajel Projects Wins Renewable Energy Transmission EPC Order

Bajel Projects has secured an engineering, procurement, and construction (EPC) order for package TL04 of the Siwani-Jind (PG) 400 kV double-circuit (quad) transmission...

July 4, 2025

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Staff

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Grid

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Market & Policy
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IFC, IndiGrid to Develop 180 MW/360 MWh Standalone BESS Project in Gujarat

The International Finance Corporation (IFC) and Mumbai-based power transmission and renewable energy company IndiGrid have announced a partnership to develop a 180...

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CleanMax, Toyota Tsusho to Develop 300 MW of Renewable Energy Projects

Mumbai-based CleanMax and Toyota Tsusho India (TTIPL) have formed a new entity to develop 300 MW of renewable energy projects by March 2028, to address the clean energy...

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