Solar

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Bankinter and Plenium Secure $617 Million for 130 MW Solar Portfolio

Bankinter Investment and Plenium Partners have secured €530 million (~$617 million) in financing for a 130 MW solar portfolio owned by Helia Renovables IV. Helia...

May 27, 2026

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Dibin DB

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Finance and M&A

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Solar
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APTEL Refuses to Stay Karnataka Regulator’s Orders Condoning Solar Project Delays

The Appellate Tribunal for Electricity (APTEL) has rejected two interim applications filed by Bangalore Electricity Supply Company (BESCOM) seeking a stay of the...

May 27, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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CERC Drafts New Deviation Settlement Rules for Hybrid Power, Storage Projects

The Central Electricity Regulatory Commission (CERC) has proposed changes to the framework governing deviation settlement, infirm power injection, and payment timelines....

May 27, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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CleanMax Secures $575 Million for 1 GW Solar, Wind Projects

Mumbai-headquartered renewable energy solutions provider Clean Max Enviro Energy Solutions (CleanMax) announced that it secured nearly $575 million to expand its solar...

May 27, 2026

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Meghana Prasad

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Markets & Policy

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Solar

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Wind
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Karnataka High Court Rules Solar Inverters Attract 5% GST and Not 18%

The Karnataka High Court has held that solar inverters will qualify for a concessional 5% Goods and Services Tax (GST) rate as they are parts of solar power-generating...

May 27, 2026

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Parth Shukla

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Markets & Policy

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Solar
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Telangana Invites Bids for 19 MW Solar Projects in Nine Districts

The Telangana Renewable Energy Development Corporation (TGREDCO) has invited bids to install and commission solar projects of 19 MW capacity at 18 substations across...

May 27, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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SolarAfrica to Acquire 315 MW Nyakallo Solar and Storage Project

SolarAfrica, an independent renewable power producer, has signed an agreement to acquire the 315 MW Nyakallo solar and battery storage project in Limpopo, South Africa,...

May 27, 2026

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Renu

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Energy Storage

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Solar
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Uttar Pradesh Eases Metering Rules for Green Energy Open Access Consumers

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued clarifications for the provisions on metering, application fees, and registration fees for green...

May 27, 2026

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Arjun Joshi

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Markets & Policy

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Open Access

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Solar
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Haryana Agriculture Marketing Board Tenders 1.73 MW Rooftop Solar Systems

The Haryana State Agriculture Marketing Board (HSAMB) has invited bids for the supply, installation, testing, and commissioning of 1,737 kW rooftop solar power systems...

May 27, 2026

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Meghana Prasad

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Rooftop

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Solar

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Tenders & Auctions
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India’s Solar Growth Shifts Focus to Storage, Land Readiness, and Grid Connectivity

India’s solar market is gradually transitioning from a phase primarily driven by capacity additions to one increasingly centered on execution readiness and system...

May 27, 2026

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Rakesh Ranjan

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C&I

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Solar
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New Energy Banking Rules May Hit Maharashtra’s Solar Open Access Project Economics

Maharashtra’s revised Multi-Year Tariff (MYT) order has reset the rules for commercial and industrial (C&I) solar in the Maharashtra State Electricity Distribution...

May 27, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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IMFA to Procure 65 MW of Renewable Energy From EG Urja Strot

Ferroalloy producer Indian Metals and Ferro Alloys (IMFA) has announced it will procure 65 MW of renewable energy from EG Urja Strot’s 184 MW wind-solar hybrid project,...

May 26, 2026

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Melvin Mathew

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Energy Storage

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Solar

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Wind
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Rajasthan Proposes Charging of Battery Storage Systems from Own Generation

The Rajasthan Rajya Vidyut Prasaran Nigam (RVPNL) has issued draft guidelines mandating that battery storage systems installed with renewable energy captive and open...

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MNRE Proposes Relief Package for 45 GW of Renewable Projects Awaiting PPAs

The Ministry of New and Renewable Energy (MNRE) has prepared a draft one-time relief package for renewable energy projects that have received Letters of Award (LOAs) but...

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Coal India Allays Coal Shortage Fears as Heat Drives Power Demand

India is in the grip of a sweltering summer, but the electricity grid has managed to meet daytime power demand, which is setting new records. Thanks to coal-based...

May 26, 2026

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B.S. Nagaraj

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Markets & Policy

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Other

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