renewable-energy

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Through Agrivoltaics, Farmers Can Earn Dual Income from Crops and Solar: Interview

Agrivoltaics, the integration of solar power generation with agriculture, is emerging as a game-changer for India’s energy and farming sectors. Agrivoltaics...

March 28, 2025

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Staff

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Renewable Energy

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Solar
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Government Proposes Flexibility in Renewable Energy Consumption Obligation

The Ministry of Power has proposed amendments to refine the regulatory framework governing renewable energy consumption by designated consumers, including electricity...

March 28, 2025

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Arjun Joshi

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Market & Policy

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Renewable Energy
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REIAs Justify Charging Trading Margin, Want Issue Settled with DISCOMs

A ₹0.07 (~$0.0008)/kWh trading margin and the discovered tariff have become a bone of contention between renewable energy implementing agencies (REIAs) and buying...

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RBI Increases Priority Sector Lending Cap for Renewables to ₹350 Million

The Reserve Bank of India (RBI) has increased the lending limit for the renewable energy sector in its new guidelines for priority sector lending, set to take effect...

March 25, 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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Western Australia Awards 654 MW/2,595 MWh Battery Storage Projects

Western Australia has awarded four battery energy storage projects with a total capacity of 654 MW/2,595 MWh under the Capacity Investment Scheme (CIS). The projects are...

March 24, 2025

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Tina Freese

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Energy Storage

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Tenders & Auctions
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MENA Weekly Round-Up: Algeria Launches 3.2 GW Solar Projects

Algeria launched a nationwide solar power program to construct 15 solar projects with a total capacity of 3.2 GW. Energy and Mines Minister Mohammed Arqab laid the...

March 24, 2025

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Staff

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Renewable Energy

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Solar
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IREDA Issues Perpetual Bonds to Raise ₹12.47 Billion

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has issued its first-ever perpetual bonds worth ₹12.47 billion (~$144.5 million) at an annual...

March 20, 2025

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Tina Freese

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Other

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Renewable Energy
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JSW Neo Acquires Renewable Energy Firm Virya Infrapower for ₹75.4 Million

JSW Neo Energy, a wholly owned subsidiary of JSW Energy, has acquired a 100% stake in Virya Infrapower for ₹75.4 million (~$866,000) in an all-cash transaction. The...

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Energy Storage Solutions Provider AmpereHour Secures $5 Million

Pune-based energy storage solutions provider AmpereHour Energy has secured $5 million (₹415 million) in a Series A funding round led by Avaana Capital, with...

March 12, 2025

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Staff

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Energy Storage

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Finance and M&A
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Bhilwara Energy Secures ₹5 Billion from Singularity AMC  

Growth equity firm Singularity AMC is investing ₹5 billion (~$57.2 million) in Madhya Pradesh-based renewable energy company Bhilwara Energy. Singularity AMC is backed...

March 11, 2025

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Melvin Mathew

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Energy Storage

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Finance and M&A
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CleanMax, Osaka Gas Form JV to Develop Renewable Energy Projects

The Japan Bank for International Cooperation (JBIC) has signed a shareholders’ agreement with Osaka Gas to invest in a joint venture (JV) between the Japanese gas...

March 10, 2025

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Staff

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Press Releases

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Renewable Energy
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Indian Railway Finance Corporation Expands into Renewable Energy Financing

Another public sector enterprise has entered India’s renewable energy financing landscape at a time when mobilizing funds for the sector is considered key to installing...

March 7, 2025

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B.S. Nagaraj

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Finance and M&A

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Renewable Energy
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Investment Group CDPQ to Acquire Innergex Renewable Energy for $10 Billion

Global investment group CDPQ has announced it will acquire all the issued and outstanding common shares of renewable power producer Innergex Renewable Energy for $13.75...

March 6, 2025

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Tina Freese

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Markets & Policy

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Press Releases
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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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Madhya Pradesh Targets Meeting 50% of Power Needs from Renewables by 2030

The Madhya Pradesh government’s New and Renewable Energy Department has issued the Madhya Pradesh Renewable Energy Policy 2025, targeting 50% of annual power consumption...

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