Renewable Energy

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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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Enhancing Grid Stability and Expanding Renewable Energy Integration

Mercom India is back with the fifth edition of its Renewables Summit 2025, scheduled to take place on July 24-25, 2025, at the Hyatt Regency in New Delhi. As India...

July 3, 2025

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Tina Freese

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Other

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Renewable Energy
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Senate Passes Budget Bill Without Excise Tax on Wind and Solar Projects

The United States Senate has passed the budget reconciliation bill that removes the proposed excise tax on wind and solar projects. The bill’s previous version included...

July 2, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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ORIX to Sell 17.5% Stake in Greenko to AM Green for $1.28 Billion

Japan-based financial services group ORIX Corporation has announced it will reenter a share transfer agreement to divest part of its holdings in Hyderabad-based...

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Month in a Minute: Top Headlines from the Indian Renewable Sector in June 2025

India added 1.1 GW of solar open access capacity in the first quarter (Q1) of 2025, down nearly 48% from 2.1 GW in Q4 2024. Installations were down 47% year-over-year...

July 1, 2025

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Tina Freese

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Other

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Renewable Energy
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IREDA’s Loan Approvals Grow 29% YoY to ₹117 Billion in Q1 FY 2026

Government-owned lender Indian Renewable Energy Development Agency’s (IREDA) loan approvals climbed by 29% year-over-year (YoY) to ₹117.4 billion (~$1.37 billion) in the...

July 1, 2025

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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CERC Allows Project SPVs to Submit Land Documents for ISTS Connectivity

The Central Electricity Regulatory Commission (CERC) has permitted special purpose vehicles (SPVs) or subsidiaries of renewable energy companies to submit land and...

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Updated US Senate Budget Bill Wants to End Solar, Wind Incentives From 2028

The United States Senate has released an updated draft of the budget reconciliation proposal, eliminating the Clean Electricity Investment Credit under Section 48E and...

July 1, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Mercom’s Renewable Energy Expo to Showcase Latest Solutions and Services

In its fifth edition, the Mercom India Renewables Summit will feature a dedicated renewable energy exhibition for the first time, showcasing the most advanced solutions...

July 1, 2025

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Arjun Joshi

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Other

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Renewable Energy
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MENA Weekly Roundup: Egypt Launches $200 Million Solar Components Plant

Egypt’s Suez Canal Economic Zone and Chinese firm Sunrev Solar commenced construction of an integrated solar energy components industrial complex in Ain Sokhna. Spanning...

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Government Plans India Energy Stack to Digitalize Power Sector

The Ministry of Power has announced the launch of a task force to establish the India Energy Stack (IES), an initiative aimed at creating a unified, secure, and...

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Mercom Renewables Summit Returns for its Fifth Edition in July 2025

Mercom India’s fifth edition of its flagship event, the Mercom India Renewables Summit, will be held on July 24 and 25, 2025, at the Hyatt Regency in New Delhi....

June 30, 2025

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Arjun Joshi

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Other

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Renewable Energy
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MoP Proposes Amendments to Renewable Energy Bidding Guidelines

The Ministry of Power (MoP) has proposed amendments to the guidelines for the tariff-based competitive bidding process to procure power from grid-connected power...

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Virtual PPA Framework a Good First Step, But Regulatory Backing is Essential

Virtual power purchase agreements (VPPAs), a financial tool for energy-intensive industries seeking to meet their renewable energy obligations, have not gained momentum...

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Government Issues Terms to Designate Renewable Energy Implementing Agencies

Indian companies registered under the Companies Act, 2013, and holding a valid Category-I electricity trading license are eligible to become renewable energy...

June 26, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy

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