Renewable Energy

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Europe Calls for Curbing Remote Access to China-made Solar Inverters

The European Solar Manufacturing Council (ESMC) has called for restrictions on unregulated and remote-control capabilities of solar inverters from “high-risk...

May 7, 2025

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Tina Freese

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Renewable Energy

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Solar
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Serentica to Supply 75 MW Hybrid Renewable Energy to INOX Air Products

Serentica Renewables has entered a power supply and consumption agreement (PSCA) with INOX Air Products (INOXAP) to deliver 75 MW of hybrid renewable energy. The...

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IEX Green Electricity Market Sees 95% YoY Increase in April

The Indian Energy Exchange (IEX) reported a monthly electricity traded volume of 10,584 million units (MUs) in April 2025, a 26% year-on-year (YoY) growth. The growing...

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Jindal Poly Films Acquires Solar Encapsulation Films Manufacturer Enerlite

Jindal Poly Films, a part of BC Jindal Group, has announced that it acquired Enerlite Solar Films, a manufacturer of solar encapsulation films in India. Enerlite’s...

May 6, 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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India’s Geography Demands a Practical Approach to Solar Tracker Design: Interview

Solar tracker systems, which help optimize power generation by ensuring panels face the sun’s path, have an important role to play in energy transition. Solar projects...

May 5, 2025

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B.S. Nagaraj

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Renewable Energy

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

With just over two months before the interstate transmission system (ISTS) charges waiver ends, the Indian renewable energy project developers are keeping their fingers...

May 5, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy
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RECPDCL Tenders Intrastate Transmission Line for 400 kV Substation in Karnataka

REC Power Development and Consultancy (RECPDCL) has invited proposals to set up an intrastate transmission system to establish a 400 kV substation and associated...

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Indian Oil to Invest ₹10.86 Billion in Subsidiary for 4.3 GW Renewables Portfolio

Indian Oil Corporation’s (IOCL) board of directors has approved an additional equity investment of ₹10.86 billion (~$129.44 million) in its wholly owned subsidiary,...

May 2, 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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Daqo New Energy’s Revenue Plunges 70% in Q1 2025 as Sales Drop

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy Corporation reported a revenue of $123.9 million in the first quarter (Q1) of 2025, a 70%...

May 2, 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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Tata Power-D Invites Bids for 250 MW Renewable Energy with Storage

Tata Power-D, a licensed electricity distribution company and a part of Tata Power, has invited bids to supply 250 MW of firm and dispatchable renewable energy from...

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REC Raises ₹50 Billion Through Five and Ten-Year Bonds

REC, a state-owned infrastructure finance company, has raised ₹50 billion (~$586 million) through the issuance of bonds. The offering included ₹30 billion (~$352...

April 29, 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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Reliance Bags Project to Evacuate 3 GW of Power for Green Hydrogen Projects

Reliance Industries has won PFC Consulting’s tender to set up a transmission system to evacuate 3 GW of power for green hydrogen/ammonia manufacturing projects in the...

April 28, 2025

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Tina Freese

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Renewable Energy

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Tenders and Auctions
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MENA Round-Up: L&T Lowest Bidder for Kuwait Solar Project’s Transmission Line

Kuwait’s Ministry of Electricity, Water, and Renewable Energy received proposals for the 400 kV overhead transmission line project connecting the Al Shaqaya Solar Power...

April 28, 2025

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Mercom Staff

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Market & Policy

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Renewable Energy
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Trading Volume Surge Pushes IEX Revenue Up 17% in Q4 FY 2025  

Indian Energy Exchange (IEX) reported a consolidated profit after tax of ₹1.17 billion (~$13.7 million) in the fourth quarter (Q4) of the financial year (FY) 2025, a 21....

April 25, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy
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Without ISTS Waiver Extension, India’s 2030 Renewable Energy Goals Will Be at Risk

With just over two months to go before the interstate transmission system (ISTS) charges waiver ends, the Indian renewable energy project developers are keeping their...

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