renewable-energy

thumbnail
SAEL Secures $132 Million for 300 MW Solar Project in Andhra Pradesh

SAEL Solar MHP, a subsidiary of SAEL Industries, has secured debt finance of $132 million from the Asian Infrastructure Investment Bank, the New Development Bank, and...

May 30, 2025

/

Tina Freese

/

Finance and M&A

,

Solar
thumbnail
Solar Power Generation in India Up 32.7% YoY to 42 BU in Q1 2025

India generated approximately 42 billion units (BU) of solar power in the first quarter (Q1) of the calendar year 2025, a 32.7% year-over-year (YoY) increase, according...

May 29, 2025

/

Tarun Kothamasu

/

Mercom Research Focus

,

Solar
thumbnail
Regulators Propose Exempting PSPs from Electricity Duty, ISTS Charges

The Forum of Regulators has recommended exempting electricity duty and cess on input energy for pumping to reduce costs and promote investments in pumped storage...

May 28, 2025

/

B.S. Nagaraj

/

Other

,

Renewable Energy

,

Water
thumbnail
CERC Releases Draft Virtual Power Purchase Agreement Guidelines

The Central Electricity Regulatory Commission (CERC) has released draft guidelines for virtual power purchase agreements (VPPA), which could evolve as another instrument...

May 23, 2025

/

Tina Freese

/

Markets & Policy

,

Renewable Energy
thumbnail
Higher Net Interest Income Strengthens PFC’s Q4 FY 2025 Financials

Government-owned Power Finance Corporation (PFC) recorded a total revenue of ₹292.85 billion (~$3.42 billion) in the fourth quarter (Q4) of the financial year (FY)...

May 23, 2025

/

Melvin Mathew

/

Finance and M&A

,

Solar
thumbnail
Everest Industries to Source 5.5 MW Solar Power from Gentari

Building materials manufacturer Everest Industries will procure 5.5 MW of solar power from a group captive project of Amplus Energy Solution’s (now Gentari) special...

May 21, 2025

/

Tina Freese

/

Renewable Energy

,

Solar
thumbnail
Why Gulf States are Powering Africa’s Clean Energy Future

In rural Angola, a new 150 MW solar project is bringing electricity to thousands of homes that, until recently, relied on costly diesel generators or had no access to...

thumbnail
GE Vernova to Invest ₹1.4 Billion to Expand India Operations

U.S.-based energy equipment manufacturing company GE Vernova has announced it would invest approximately ₹1.4 billion (~$16 million) in India to expand its...

May 14, 2025

/

Staff

/

Finance and M&A

,

Other
thumbnail
Solar’s Share in India’s Renewable Energy Capacity Increases to 47.6% in Q1 2025

Solar power accounted for 22% of India’s total installed power capacity and 47.6% of the total installed renewable energy capacity at the end of the first quarter (Q1)...

thumbnail
Daily News Wrap-Up: New Entrants Disrupt India’s Solar Market

Mercom India released the India Solar Market Leaderboard 2025, outlining the market share rankings and competitive dynamics of the Indian solar sector for the calendar...

May 7, 2025

/

Mercom Staff

/

Daily Wrap-up
thumbnail
Serentica to Supply 75 MW Hybrid Renewable Energy to INOX Air Products

Serentica Renewables has entered a power supply and consumption agreement (PSCA) with INOX Air Products (INOXAP) to deliver 75 MW of hybrid renewable energy. The...

thumbnail
Seshasayee Paper to Procure 39 MW of Renewable Energy from Zelestra

Chennai-based Seshasayee Paper and Boards has announced it will source 39 MW of renewable energy from Ganeko Solar, Zelestra Corporacion’s wind-solar hybrid power...

May 6, 2025

/

Tina Freese

/

Solar

,

Wind
thumbnail
Indian Oil to Invest ₹10.86 Billion in Subsidiary for 4.3 GW Renewables Portfolio

Indian Oil Corporation’s (IOCL) board of directors has approved an additional equity investment of ₹10.86 billion (~$129.44 million) in its wholly owned subsidiary,...

May 2, 2025

/

Arjun Joshi

/

Finance and M&A

,

Renewable Energy
thumbnail
Tata Power-D Invites Bids for 250 MW Renewable Energy with Storage

Tata Power-D, a licensed electricity distribution company and a part of Tata Power, has invited bids to supply 250 MW of firm and dispatchable renewable energy from...

thumbnail
MENA Round-Up: L&T Lowest Bidder for Kuwait Solar Project’s Transmission Line

Kuwait’s Ministry of Electricity, Water, and Renewable Energy received proposals for the 400 kV overhead transmission line project connecting the Al Shaqaya Solar Power...

April 28, 2025

/

Mercom Staff

/

Market & Policy

,

Renewable Energy

1

2

3

...

89