Storage Market Policy

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Maharashtra Regulator Approves Tariff for 1500 MWh Battery Storage Capacity

The Maharashtra Electricity Regulatory Commission (MERC) has approved the Maharashtra State Electricity Distribution Company’s (MSEDCL) petition to procure 250 MW/500...

March 24, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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Maharashtra Regulator Orders Refund of Wheeling Charges to Solar Generators

The Maharashtra Electricity Regulatory Commission (MERC) has ruled against the Maharashtra State Electricity Distribution (MSEDCL) for wrongly imposing wheeling charges...

March 24, 2025

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Staff

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Market & Policy

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Solar
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Hero MotoCorp Acquires 32.5% Stake in Euler Motors for ₹5.25 Billion

Hero MotoCorp has announced an investment of ₹5.25 billion (~$61.06 million) in Euler Motors to expand into the electric three-wheeler market. The investment will be...

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CERC Approves Tariff for NHPC’s 3 GW Solar Projects

The Central Electricity Regulatory Commission (CERC) has approved the adoption of tariffs ranging from ₹2.52 (~$0.0292)/kWh to ₹2.53 (~$0.0294)/kWh for NHPC’s 3 GW...

March 21, 2025

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Staff

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Market & Policy

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Solar
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MERC Approves Tariff for Adani Electricity’s Wind Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has approved the adoption of a tariff of ₹3.65 (~$0.0421)/kWh for Adani Electricity Mumbai (AEML-D) to procure...

March 19, 2025

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Staff

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Market & Policy

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Wind
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Government Enhances BESS Capacity Target to 14,000 MWh as Prices Drop

The Ministry of Power (MoP) has directed all states and implementing agencies to award all Battery Energy Storage System (BESS) contracts by June 2025 to enable the...

March 18, 2025

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B.S. Nagaraj

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Energy Storage

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Market & Policy
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Two-Year Extension of Distribution Sector Reforms Program on the Cards

A two-year extension of the Revamped Distribution Sector Scheme (RDSS) aimed at bringing operational efficiencies and financial discipline to India’s power distribution...

March 17, 2025

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B.S. Nagaraj

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Grid

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Market & Policy
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Jharkhand Regulator Approves Bokaro Steel’s 100 MW Solar Power Purchase

The Jharkhand State Electricity Regulatory Commission (JSERC) has approved the power sale agreement (PSA) between Bokaro Steel (BSL), a Steel Authority of India (SAIL)...

March 12, 2025

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Staff

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Energy Storage

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Market & Policy
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Madhya Pradesh Issues Implementation Guidelines for Pumped Storage Projects

The Madhya Pradesh government has issued guidelines for implementing pumped storage projects (PSPs) with incentives announced under the state’s renewable energy policy....

March 10, 2025

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Melvin Mathew

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Market & Policy

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Other Energy

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Water
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Global Annual Battery Demand Crossed the 1 TWh Mark in 2024: IEA

In 2024, electric car sales worldwide surged by 25%, reaching 17 million units, pushing annual battery demand beyond the 1 TWh mark for the first time, according to the...

March 10, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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Reduced Battery Sales Plunge Stem’s Q4 Revenue by 67%

Smart energy storage company Stem reported a revenue of $55.8 million in the fourth quarter (Q4) of 2024, a 67% year-over-year (YoY) decrease from $167.4 million. The...

March 7, 2025

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Tina Freese

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Energy Storage

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Market & Policy
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Government Launches Pilot Projects for Hydrogen-Fueled Buses and Trucks

The Government of India has launched five pilot projects under the National Green Hydrogen Mission (NGHM) to introduce hydrogen-fueled buses and trucks. The Ministry of...

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

India added 25.2 GW of solar capacity in the calendar year 2024, a 204% increase compared to the 8.3 GW added in 2023. According to Mercom India’s latest Q4 and Annual...

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China’s Solar Growth to Dip in 2025 Post Market-Aligned Pricing Reforms

After six consecutive years of growth, China’s solar installations are forecast to drop by up to 22% in 2025 with the introduction of market-based pricing reforms....

March 3, 2025

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B.S. Nagaraj

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Market & Policy

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Solar
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LONGi Sues Jinko Solar in US over TOPCon Patent Infringement

Chinese solar module manufacturer LONGi has filed a patent infringement lawsuit against Jinko Solar and its subsidiaries in the U.S. District Court for the Eastern...

March 3, 2025

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Staff

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Market & Policy

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Solar

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