Renewable Energy

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MNRE Unveils Draft Design and Testing Guidelines for Solar Cold Storages

The Ministry of New and Renewable Energy (MNRE) has released draft guidelines on “design, specifications, performance, and testing procedure for solar cold storage with...

February 13, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy

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Solar
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SIDBI and AFD Sign $100 Million Loan Agreement for Green Financing

Small Industries Development Bank of India (SIDBI) and France-based Agence Française de Développement (AFD) have signed a $100 million (~₹1.15 million) credit facility...

February 13, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Increase in Battery Sales Drives Amara Raja’s Profits Up by 11%

Battery manufacturer Amara Raja Energy & Mobility recorded a profit after tax of ₹2.98 billion (~$34.3 million) during the third quarter (Q3) of the financial year...

February 13, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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Kerala Needs ₹522 Billion by 2030 for Renewable Energy Integration

The Kerala State Electricity Regulatory Commission (KSERC) has estimated an investment of ₹522.38 billion (~$6.01 billion) would be required by 2030 to upgrade energy...

February 13, 2025

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Staff

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Market & Policy

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Renewable Energy
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ONGC-NTPC Joint Venture Acquires Ayana Renewable for ₹195 Billion

ONGC NTPC Green (ONGPL), a joint venture between ONGC Green and NTPC Green Energy, has signed a share purchase agreement to acquire a 100% equity stake in utility-scale...

February 12, 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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German Researchers Claim 26.4% Efficiency for CIGS-Perovskite Tandem Cell

Researchers from  Helmholtz-Zentrum Berlin (HZB) and Humboldt University, Berlin, have announced achieving an efficiency of 24.6% with a copper indium gallium selenide...

February 12, 2025

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Tina Freese

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Renewable Energy

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Solar

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Technology
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Power Ministry Issues Draft Guidelines to Designate REIAs  

The Ministry of Power (MoP) has released draft guidelines for designating a company as a Renewable Energy Implementing Agency (REIA). Stakeholders can submit their...

February 12, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy
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Kerala Regulator Approves KSEB’s Power Banking Agreements

The Kerala State Electricity Regulatory Commission (KSERC) has approved multiple energy banking agreements entered into by the Kerala State Electricity Board (KSEB) to...

February 11, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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MERC Rejects Captive Power Producers’ Plea to Set Up Wind-Solar-Thermal Projects

The Maharashtra Electricity Regulatory Commission (MERC) has rejected the Captive Power Producers Association’s (CPPA) petition seeking amendments to existing open...

February 11, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy

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Solar

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Wind
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What’s Next for Domestic Manufacturing and Supply Chains?

Buyers and sellers in the solar sector got a unique opportunity to share information about products and services and foster business-to-business connections at Mercom...

February 11, 2025

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B.S. Nagaraj

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Renewable Energy

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Solar
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MENA Round-Up: UAE Aims for 14.2 GW Clean Energy Capacity by 2030

The UAE updated its energy strategy, aiming to achieve climate neutrality by 2050. The country is increasing its focus on clean and renewable energy projects,...

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SJVN Invites Bids for 25 MW Green Hydrogen Project in Assam

SJVN Green Energy (SGEL), a subsidiary of SJVN, has invited bids for consultancy services to develop a comprehensive roadmap, prepare a detailed project report (DPR),...

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Amazon to Procure 379 MW Power from Three Wind Projects in India

Global e-commerce company Amazon will procure a cumulative 379 MW of clean energy from three wind farms in Karnataka, Maharashtra, and Tamil Nadu. The company will...

February 6, 2025

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Melvin Mathew

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Renewable Energy

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Wind
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Torrent’s Q3 Profit Up 31% on Higher Merchant Sales and Power Demand

Gujarat-based power company Torrent Power recorded a profit after tax (PAT) of ₹4.89 billion (~$55.9 million) for the third quarter (Q3) of the financial year (FY) 2025,...

February 5, 2025

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Tina Freese

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Finance and M&A

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Other

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Renewable Energy
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IEX Sees 218% YoY Growth in Green Energy Trade in January 2025

The Indian Energy Exchange (IEX) achieved a monthly electricity traded volume of 10,910 million units (MU) for January 2025, representing a 16% year-on-year (YoY) growth....

February 5, 2025

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Staff

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Market & Policy

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Renewable Energy

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