solar

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Karnataka Reduces Deviation Settlement Band for Solar Projects to ±5%

The Karnataka Electricity Regulatory Commission (KERC) has retained the deviation settlement mechanism (DSM) tolerance band for solar projects to ±5%, rejecting...

June 25, 2026

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Melvin Mathew

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Grid

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Market & Policy

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Solar
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GB Solar Commissions 2 GW Module Manufacturing Facility in Gujarat

Gujarat-based GB Solar Technologies has commissioned a 2 GW solar module manufacturing facility in Karjan, Vadodara. GB Solar said the facility was commissioned on June...

June 25, 2026

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Melvin Mathew

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Manufacturing

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Modules

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Solar
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Daily News Wrap-Up: ‘Give It Up’ Option May Boost Large-Scale Rooftop Solar

The Ministry of New and Renewable Energy’s (MNRE) option, allowing residential consumers to voluntarily forgo subsidies under the PM Surya Ghar Muft Bijli Yojana, could...

June 25, 2026

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Melvin Mathew

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Daily Wrap-up
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NTPC REL Floats EPC Tender for 600 MW Solar Projects in Maharashtra

NTPC Renewable Energy (NTPC REL) has invited bids for the engineering, procurement, and construction (EPC) package to develop 600 MW of grid-connected solar power...

June 24, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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Roofsol Raises ₹2.6 Billion from Aseem Infra to Expand C&I Solar Portfolio

Maharashtra-based rooftop solar engineering, procurement, and construction services provider Roofsol Energy has secured ₹2.6 billion (~$27.55 million) in funding from...

June 24, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Uttar Pradesh Regulator Terms GST Cut on Solar Equipment as ‘Change in Law’

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has declared the reduction in the Goods and Services Tax (GST) rate on procurement of renewable energy...

June 24, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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SECI Floats BoS Tender For 70 MW Solar Plus 50 MWh Battery Storage Project

The Solar Energy Corporation of India (SECI) has invited bids for the balance-of-system package for a 70 MW interstate transmission system-connected solar power project...

June 24, 2026

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Melvin Mathew

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Energy Storage

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Solar
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India’s IIP Revamp Reflects Mainstreaming of Renewable Energy

For the first time, the government has begun tracking electricity generation from renewable sources by including it in the Index of Industrial Production (IIP), a key...

June 24, 2026

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B.S. Nagaraj

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Markets & Policy

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Renewable Energy
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Mercom India Awards: Charting the Future of Clean Energy and Innovation

The winners of the sixth Mercom India Awards 2026 will be announced during the Mercom India Renewables Summit 2026, and the awards will be presented by Union Minister...

June 24, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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Daily News Wrap-Up: MNRE Clears Solar Projects Awaiting ALMM-II Relief

The Ministry of New and Renewable Energy (MNRE) allowed provisional commissioning of utility, captive, and commercial and industrial solar power projects installed...

June 24, 2026

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Mercom Staff

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Daily Wrap-up
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Project Finance Brief: Permanent Power Company Secures $600 Million

From: Mercom Capital Group Permanent Power Company, an energy holding platform operating and developing solar and storage projects, has secured approximately $600...

June 24, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Origis Energy Secures $900 Million Credit Facility

From: Mercom Capital Group Origis Energy, a U.S.-based renewable energy project developer, has closed a $900 million corporate credit facility comprising $650 million in...

June 24, 2026

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Staff

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Finance and M&A

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Other
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India’s Solar Manufacturing Push Shifts Focus to BoS and BoM Components

As India expands its solar manufacturing and deployment capabilities, attention is increasingly shifting toward establishing a fully self-reliant domestic supply chain...

June 24, 2026

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Melvin Mathew

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Modules

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Solar
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Solar Market Hits Record 664 GW Globally in 2025 Amid Fears of Slow Growth

In 2025, a record 664 GW of new solar capacity was installed globally, taking the total operating capacity worldwide to about 2.9 TW, according to SolarPower Europe’s...

June 24, 2026

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Rakesh Ranjan

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Other

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Renewable Energy
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MNRE Allows Commissioning of Solar Projects Awaiting ALMM-II Exemption

The Ministry of New and Renewable Energy (MNRE) has allowed provisional commissioning of utility, captive, and commercial & industrial (C&I) solar power projects...

June 23, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar

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