Other

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CERC Notifies Phased Move to Schedule-Based Deviation for Wind, Solar Under DSM

The Central Electricity Regulatory Commission (CERC) has determined the value of “X” for computing deviation by wind and solar sellers under the Deviation Settlement...

April 1, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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PFC Tenders Transmission System to Evacuate 2.7 GW of Pumped Storage Capacity

PFC Consulting has invited bids to set up an intrastate transmission system by setting up the 400 kV Igatpuri-Murbad switching station to evacuate 2.7 GW of pumped...

April 1, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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MNRE Approves 500 MW Pilot CfD Program for Renewable Energy

The Ministry of New and Renewable Energy (MNRE) has approved a pilot Contracts for Difference (CfD) program for renewable energy, with the Solar Energy Corporation of...

April 1, 2026

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Arjun Joshi

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-Up: MoP Invokes Emergency Clause to Raise Coal Power Output

The government has begun invoking emergency powers under Section 11 of the Electricity Act to direct coal-based thermal power plants to increase generation, given the...

April 1, 2026

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Mercom Staff

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Daily Wrap-up
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Project Finance Brief: Doral Secures $900 Million for Solar-Storage Project

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, closed nearly $900 million in financing for its Cold Creek...

April 1, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: TerraSpark Secures $5.7 Million

From: Mercom Capital Group TerraSpark, a space-based solar energy solutions provider, secured €5 million (~$5.7 million) in a funding round led by Daphni, Sake Bosch,...

April 1, 2026

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Staff

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Finance and M&A

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Other
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MENA Weekly Round-Up: Egypt Signs 5.6 GW Renewable and Battery Storage Deals

Egypt signed agreements for renewable energy and battery storage projects totaling 5.62 GW. The deals include wind and solar projects, as well as large-scale battery...

April 1, 2026

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Meghana Prasad

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Market & Policy

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Renewable Energy
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IREDA Secures $175 Million from SMBC for Lending to Renewable Energy Projects

Indian Renewable Energy Development Agency (IREDA) has entered into a facility agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise an external commercial...

April 1, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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Adani Energy Solutions Bags Transmission Augmentation Project in Maharashtra

Adani Energy Solutions has been selected by PFC Consulting to develop the interstate transmission system (ISTS) for the drawal of power from the South Kalamb substation:...

March 31, 2026

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Arjun Joshi

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Grid

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Tenders and Auctions
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SECI Signs Deals for Supply of 670,000 TPA Green Ammonia to Fertilizer Units

The Solar Energy Corporation of India (SECI) has signed six agreements with manufacturers to supply 670,000 tons per annum (TPA) of green ammonia to fertilizer companies...

March 31, 2026

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Melvin Mathew

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Press Releases

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Renewable Energy
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Adani Green Commissions 951 MW Renewable Capacity in Rajasthan and Gujarat

Adani Green Energy (AGEL) has operationalized 951 MW of renewable power projects through its subsidiaries, with capacities spread across Baiya in Rajasthan (251 MW) and...

March 31, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: MNRE Extends Time for KUSUM Projects’ Financial Closure

The Ministry of New and Renewable Energy (MNRE) extended timelines for financial closure and commissioning of certain projects under the Pradhan Mantri Kisan Urja...

March 31, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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MoP Invokes Emergency Clause to Boost Coal Power Output Amid Demand Surge

The government has begun invoking emergency powers under Section 11 of the Electricity Act to direct coal-based thermal power plants to increase generation, given the...

March 31, 2026

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B.S. Nagaraj

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Markets & Policy

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Other Energy
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Rajasthan Adopts MoP’s Renewable Consumption Obligation Framework

The Rajasthan Electricity Regulatory Commission (RERC) has adopted the renewable consumption obligation (RCO) framework notified by the Ministry of Power (MoP). The...

March 30, 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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GFCL EV Raises $80 Million to Scale Battery Materials Manufacturing

Gujarat Fluorochemicals (GFL) has announced that its subsidiary GFCL EV Products has raised approximately $80 million from an unnamed global investor, in addition to the...

March 30, 2026

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Meghana Prasad

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Energy Storage

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Finance and M&A

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