Renewable Energy

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Gujarat Regulator Notifies Renewable Energy Procurement Rules Until 2030

The Gujarat Electricity Regulatory Commission (GERC) has issued the GERC (Procurement of Energy from Renewable Sources) Regulations, 2025, governing renewable purchase...

August 25, 2025

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Staff

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Market & Policy

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Renewable Energy
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MENA Weekly Roundup: Masdar Closes Financing for 2 GW Saudi Solar Project

UAE’s Masdar, alongside its consortium partners GD Power and Korea Electric Power, reached the financial close for the 2 GW Al Sadawi solar project in Saudi Arabia’s...

August 25, 2025

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Staff

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Market & Policy

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Renewable Energy
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Geothermal Energy Could Meet 15% of Global Power Demand by 2050: IEA

Geothermal capacity has the potential to meet up to 15% of the global electricity demand growth by 2050 with continued technological improvements and a reduction in...

August 22, 2025

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Melvin Mathew

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Other Energy

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Renewable Energy
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Union Government Must Fund States to Meet India’s 2030 Clean Energy Target

If India must install 500 GW of non-fossil fuel-based energy capacity by 2030, the states would require a cumulative grant of ₹140.64 billion (~$1.6 billion) every year...

August 22, 2025

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B.S. Nagaraj

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Markets & Policy

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Renewable Energy
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Scatec’s Revenue Rises 26% in Q2 on Forex Gains and Lower Interest Costs

Norway-based renewable energy solutions provider Scatec posted a revenue of NOK1.31 billion (~$124.76 million) in the second quarter (Q2) of the financial year (FY) 2025,...

August 20, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Four States Seek Time Until Year-end to Implement Green Energy Corridor

Four states have sought an extension until December 2025 to implement the Intrastate Transmission System Green Energy Corridor Phase-I (InSTS GEC-I). While Andhra...

August 20, 2025

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Staff

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Market & Policy

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Renewable Energy
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India Must Urgently Set Post-2030 Renewable Energy Goals

What an exceptional Mercom India Renewables Summit 2025 it was! When we started covering India’s clean energy market, the entire country had just 6 MW of installed solar...

August 20, 2025

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Raj Prabhu

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Markets & Policy

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Renewable Energy
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CleanMax Files Draft Papers for ₹52 Billion Initial Public Offering

Clean energy solutions provider CleanMax has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise ₹ 52 billion (~$595.09...

August 19, 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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Juniper, Navayuga Among Winners of Tata Power’s 250 MW FDRE Auction

Juniper Green Energy, Navayuga Engineering Company, ACME Solar Holdings, and Tata Power Renewable Energy have won Tata Power Company’s auction to supply 250 MW of firm...

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MENA Weekly Roundup: Renewables Make Up 11.5% of Oman’s Power Mix

Renewable energy contributed 11.5% of Oman’s electricity generation as of May 2025, according to the Ministry of Energy and Minerals. The country is targeting 30%...

August 19, 2025

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Staff

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Market & Policy

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Renewable Energy
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GR Infraprojects Wins RECPDCL’s Project to Evacuate 2.5 GW Renewable Energy

G R Infraprojects has won REC Power Development and Consultancy’s (RECPDCL) transmission project to evacuate 2,500 MW of power from renewable energy projects in Rajgarh...

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Jakson Green Wins SECI’s 85,000 TPA Green Ammonia Auction

Jakson Green has won Solar Energy Corporation of India’s (SECI) auction to supply 85,000 tons per annum (TPA) of green ammonia under the Strategic Interventions for...

August 18, 2025

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Melvin Mathew

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Renewable Energy

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Tenders and Auctions
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Overcoming Land and Grid Challenges Key to India’s Renewable Growth: Interview

In an interview on the sidelines of the  Mercom India Renewables Summit 2025 held in New Delhi on July 24 and 25, 2025, Bhavesh Kumar Rathod, Founder and Director...

August 14, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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ACME Secures ₹32 Billion from REC for 280 MW FDRE Project

Renewable energy independent power producer ACME Solar Holdings’ wholly owned subsidiary, ACME Hybrid Urja, has secured long-term project financing of ₹31.84...

August 13, 2025

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Staff

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Finance and M&A

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Renewable Energy
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MNRE Issues Second Call for Green Hydrogen Testing Infrastructure Proposals

The Ministry of New and Renewable Energy (MNRE) has issued the second call for proposals (CfP) under the program for “Funding of testing facilities, infrastructure, and...

August 13, 2025

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Staff

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Other

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Renewable Energy

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