renewable-energy

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Daily News Wrap-Up: Finance Ministry Allows Insurance Bonds for Power Tenders

The Ministry of Finance permitted the use of insurance surety bonds as an alternative to bank guarantees for both bid and performance security under the standard bidding...

April 9, 2026

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Mercom Staff

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Daily Wrap-up
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Global Renewable Capacity Hit 49% of Installed Power In 2025

The global energy transition continued to accelerate in 2025, with renewable energy accounting for 49% of total installed power capacity worldwide, according to a recent...

April 9, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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MNRE Tightens Tender Rules, Curbs Greenshoe in Renewable Energy Bids

The Ministry of New and Renewable Energy (MNRE) has reiterated that renewable energy implementing agencies (REIAs) cannot include a greenshoe option in their tenders...

April 7, 2026

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B.S. Nagaraj

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Market & Policy

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Renewable Energy
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MNRE Floats Consultancy Tender for National Renewable Energy Portal Operations

The Ministry of New and Renewable Energy (MNRE) has issued a tender to select an agency to undertake data collection, upkeep, operation, and maintenance of the National...

April 2, 2026

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Meghana Prasad

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-Up: MNRE Approves Renewable Energy CfD Pilot

The Ministry of New and Renewable Energy (MNRE) approved a pilot Contracts for Difference (CfD) program for renewable energy, with the Solar Energy Corporation of India...

April 2, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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MNRE Approves 500 MW Pilot CfD Program for Renewable Energy

The Ministry of New and Renewable Energy (MNRE) has approved a pilot Contracts for Difference (CfD) program for renewable energy, with the Solar Energy Corporation of...

April 1, 2026

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Arjun Joshi

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Renewable Energy

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Tenders and Auctions
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IREDA Secures $175 Million from SMBC for Lending to Renewable Energy Projects

Indian Renewable Energy Development Agency (IREDA) has entered into a facility agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise an external commercial...

April 1, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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Adani Green Commissions 951 MW Renewable Capacity in Rajasthan and Gujarat

Adani Green Energy (AGEL) has operationalized 951 MW of renewable power projects through its subsidiaries, with capacities spread across Baiya in Rajasthan (251 MW) and...

March 31, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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Germany Invites Bids for 2.5 GW Onshore Wind, 475 MW Innovation Projects

Germany’s Federal Network Agency (Bundesnetzagentur) has invited bids for 2.5 GW of onshore wind power projects and 475 MW of renewable energy projects under the...

March 31, 2026

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Melvin Mathew

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Tenders & Auctions

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Wind
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August Energy Secures ₹1.3 Billion in Debt Financing from Aseem Infrastructure

Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy has secured long-term project financing of ₹1.3 billion (~$15 million) in debt...

March 27, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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India Targets 60% Non-Fossil Power Capacity, 47% Emission Cuts by 2035

India aims to cut its emissions intensity by 47% from 2005 levels by 2035, reach 60% of its total installed power capacity from non-fossil fuel sources by 2035, and...

March 27, 2026

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Rakesh Ranjan

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Other

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Renewable Energy
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RECPDCL Tenders Transmission System to Evacuate 20 GW of Renewable Energy

REC Power Development and Consultancy (RECPDCL) has invited bids to establish an interstate transmission system (ISTS) to augment the Bhadla-III, Ramgarh pooling station,...

March 26, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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MNRE Invites Proposals for Skilling of Green Hydrogen Workforce

The Ministry of New and Renewable Energy (MNRE) has invited proposals from States and Union Territories for implementing the skilling, upskilling, and reskilling...

March 25, 2026

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Meghana Prasad

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Other

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Renewable Energy

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Tenders and Auctions
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UAE Solar Capacity Set to Rise From 6.7 GW to 32.3 GW by 2035: Report

Solar capacity in the United Arab Emirates (UAE) is projected to increase from 6.7 GW in 2025 to 32.3 GW by 2035, registering a compound annual growth rate of over 17%,...

March 24, 2026

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Meghana Prasad

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Markets & Policy

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Solar
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MNRE Eyes Bigger Role in Renewable Energy Governance, Distinct from MoP

The Ministry of New and Renewable Energy (MNRE) has called for strengthening its role, considering the rapidly expanding scale and strategic importance of renewables, to...

March 23, 2026

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B.S. Nagaraj

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Markets & Policy

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Renewable Energy

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