Other

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CCI Approves BlackRock’s Subscription of ABREN’s Equity Shares

The Competition Commission of India (CCI) has approved Singapore-based Global Infrastructure Partners (GIP) EM Star‘s subscription to Aditya Birla Renewables’...

March 26, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Polyplex to Source Solar Energy from Solar Projects of CleanMax and Berkeley Energy

Polyester film company Polyplex will procure power from solar projects of Clean Max Neht, a special purpose vehicle (SPV) of Clean Max Enviro Energy Solutions, and...

March 26, 2026

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Parth Shukla

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Press Releases

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Solar
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CERC Notifies 2026 Amendment to REC Regulations Framework

The Central Electricity Regulatory Commission (CERC) has issued the CERC (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) (First...

March 26, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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RECPDCL Tenders Transmission System to Evacuate 20 GW of Renewable Energy

REC Power Development and Consultancy (RECPDCL) has invited bids to establish an interstate transmission system (ISTS) to augment the Bhadla-III, Ramgarh pooling station,...

March 26, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Supreme Court Upholds Generation-Based Incentives for Renewable Projects

The Supreme Court has ruled that the generation-based incentive granted to wind power generators must be disbursed in addition to the tariff and cannot be adjusted in a...

March 26, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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Daily News Wrap-Up: India’s Energy Storage Up 26% in 2025, 547 MWh Added

India added nearly 547 MWh of battery energy storage capacity in 2025, around 26% year-over-year (YoY) increase from over 433 MWh, according to the newly released 2H...

March 26, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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MECON Floats EoI to Set Up Pilot Projects for Green Hydrogen Use in Steel Making

MECON, a government of India enterprise offering design, engineering, consultancy, and contracting services, has issued an expression of interest (EoI) to implement...

March 25, 2026

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Parth Shukla

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Other Energy

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Tenders and Auctions
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POWERGRID Floats ISTS Tender to Evacuate Power From Green Hydrogen Projects

Power Grid Corporation of India (POWERGRID) has invited bids to select a consortium partner to set up an interstate transmission system (ISTS) to evacuate power from...

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MNRE Invites Proposals for Skilling of Green Hydrogen Workforce

The Ministry of New and Renewable Energy (MNRE) has invited proposals from States and Union Territories for implementing the skilling, upskilling, and reskilling...

March 25, 2026

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Meghana Prasad

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Other

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Renewable Energy

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Tenders and Auctions
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Project Finance Brief: Arevon Secures $920 Million for 1.2 GWh Battery Project

From: Mercom Capital Group Arevon Energy, a renewable energy developer, owner, and operator, closed a $920 million financing package for its 300 MW/1,200 MWh Nighthawk...

March 25, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: India’s Peak Power Demand to Reach 459 GW by 2036

India’s peak power demand is expected to rise to 459 GW by 2035-36 from 289 GW in 2026-27, according to the Central Electricity Authority’s National Generation Adequacy...

March 25, 2026

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Melvin Mathew

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Daily Wrap-up
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Funding and M&A Roundup: GS Power Partners Secures $250 Million

From: Mercom Capital Group GS Power Partners, an independent power producer and solar project developer backed by CVC DIF, closed a $250 million debt facility. Deutsche...

March 25, 2026

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Staff

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Finance and M&A

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Other
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Waaree Energies to Increase Stake in Transformer Solutions Subsidiary to 75%

The Board of Directors of Waaree Energies has approved an investment of ₹1.9 billion (~$20.32 million) in its transformer solutions subsidiary Waaree Transpower,...

March 24, 2026

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Melvin Mathew

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Finance and M&A

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Grid
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CEA Projects India’s Peak Power Demand to Reach 459 GW by 2035-36

India’s peak power demand is expected to rise to 459 GW by 2035-36 from 289 GW in 2026-27, according to the Central Electricity Authority’s (CEA) National Generation...

March 24, 2026

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Parth Shukla

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Markets & Policy

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Renewable Energy
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ACME Commissions 470 MWh Battery Storage Projects in Rajasthan

Gurgaon-based independent power producer ACME Solar Holdings has cumulatively commissioned 155 MW/470.25 MWh of battery storage projects in Rajasthan. Post the...

March 24, 2026

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Melvin Mathew

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Energy Storage

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Renewable Energy

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