The Central Electricity Regulatory Commission (CERC) has approved tariffs of  ₹2.86 (~$0.0304)/kWh and ₹2.87 (~$0.0305)/kWh discovered by Solar Energy Corporation of India (SECI) for 2,000 MW solar projects coupled with 1,000 MW/4,000 MWh of energy...

Parliament’s Standing Committee on Industry has raised concerns about the dominance of the automobile and electric vehicle (EV) ecosystem in the Ministry of Heavy Industries (MHI) budget, which is around ₹75.37 billion (~$802.49 million), accounting...

The Ministry of New and Renewable Energy (MNRE) has invited proposals from States and Union Territories for implementing the skilling, upskilling, and reskilling component under the National Green Hydrogen Mission (NGHM), aimed at creating a trained...

The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.45 (~$0.026)/kWh for SJVN Green Energy’s 1,000 MW solar projects in Bikaner, Rajasthan. SJVN Green had secured this capacity at IREDA’s auction for setting up 5,000 MW...

The Central Electricity Regulatory Commission (CERC) has adopted a tariff of ₹2.45 (~$0.0260)/kWh for Solar Energy Corporation of India’s (SECI) 1,200 MW solar power projects. The Commission refused to approve the higher tariff of ₹2.57 (~$0....

From: Mercom Capital Group Arevon Energy, a renewable energy developer, owner, and operator, closed a $920 million financing package for its 300 MW/1,200 MWh Nighthawk battery energy storage system (BESS) project in Poway, California. The financing...

India’s peak power demand is expected to rise to 459 GW by 2035-36 from 289 GW in 2026-27, according to the Central Electricity Authority’s National Generation Adequacy Plan (2026-27 to 2035-36). The adequacy plan aims to assess India’s generation...

From: Mercom Capital Group GS Power Partners, an independent power producer and solar project developer backed by CVC DIF, closed a $250 million debt facility. Deutsche Bank acted as lead lender and arranger and is responsible for syndicating the...

India’s commercial and industrial (C&I) consumers are accelerating their adoption of renewable energy to manage rising electricity costs, improve energy security, and meet sustainability goals. Increasing power tariffs are pushing businesses...