The Maharashtra Electricity Regulatory Commission (MERC) approved Adani Electricity Mumbai Limited’s (AEML-D) deviations to procure 1,500 MW of power from renewable and non-renewable sources. The Commission directed AEML to modify the bid document. AEML-D filed a petition before MERC to approve deviations in the long-term procurement of 1,500 MW of power from grid-connected renewable energy and round-the-clock projects.

The Karnataka Electricity Regulatory Commission (KERC) released the draft Karnataka Electricity Regulatory Commission (Terms and Conditions for Open Access) Regulations, 2025. Stakeholders can submit their comments and suggestions by February 15, 2025. This draft follows the Karnataka High Court’s decision to strike down the previous Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules 2022 and the KERC (Terms and Conditions for Green Energy Open Access) Regulations, 2022.

Gujarat Urja Vikas Nigam invited bids to procure power from 250 MW grid-connected solar power projects anywhere in India with a greenshoe option of 250 MW. The last date to submit bids is February 10, 2025. Bids will be opened on February 13 Selected bidders must choose a Central Transmission Utility or Gujarat Energy Transmission Corporation substation for the interconnection. The projects can be located anywhere in India.

The Gujarat Urja Vikas Nigam invited bids to procure power from 250 MW grid-connected wind power projects with a greenshoe option of 250 MW in Gujarat. The last date to submit bids is February 11, 2025. Bids will be opened on February 14. The project must be designed for interconnection with the state transmission utility/central transmission utility through a dedicated transmission line to deliver energy at the Gujarat energy transmission corporation periphery.

The Gujarat Urja Vikas Nigam invited bids to set up 500 MW/1000 MWh standalone battery energy storage systems under tariff-based competitive bidding (Phase VI). The last day to submit the bids is February 24, 2025. Bids will be opened on February 28. The scope of work covers setting up battery energy storage systems (BESS) to make the energy storage facility available to GUVNL for charging/discharging the BESS on an on-demand basis. Developers must set up BESS and its interconnection with the state transmission network.

ITI, a public sector undertaking under the Department of Telecommunications, issued a request for proposal to set up 10 MW ground-mounted, grid-connected solar projects at Naini, Uttar Pradesh. Bids must be submitted by February 7, 2025. Bids will be opened on February 8. Selected bidders must also identify and select a purchaser for the project’s electricity for 25 years. Successful bidders must level the project land and provide the civil works, fencing, lighting and security arrangements, and building infrastructure.

Bengaluru-based electric vehicle (EV) charging solutions provider Bolt.Earth raised $5 million in a series A+ funding round. The funding round was led by Version One Ventures, a new investor and returning investors USV and Prime Venture Partners. Bolt.Earth plans to utilize the funds to scale operational capacity across India. The company also aims to develop fast charging stations for two-, three–, and four-wheelers and deploy end-to-end EV charging stations, including hardware, software, and maintenance, for apartment complexes, builders, enterprises, and fleets.

The U.S. Department of the Treasury and Internal Revenue Service released additional guidance on the Inflation Reduction Act’s (IRA) domestic content bonus for clean electricity production and investment tax credits. The updated safe harbor applies to solar projects, domestic solar wafers, land-based wind projects, and battery energy storage systems. The IRA amended tax code Sections 45 and 48 to provide a domestic content bonus credit amount for certain qualified facilities or energy projects beginning service after December 31, 2022.