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InSolare Bags Order to Supply BoS Package for 1.2 GWh BESS from SECI

InSolare Energy has won Solar Energy Corporation of India’s (SECI) auction to supply the balance of system (BoS) package for a 600 MW/1,200 MWh standalone battery energy storage system (BESS) project in Kolimigundla, Nandyal Distr...

October 30, 2025

Market & Policy

Government Asserts Proposed Reforms Will Cut Cost of Electricity Supply

The Ministry of Power has asserted that government-owned distribution companies (DISCOM) will continue to operate alongside private licensees in a regulated, level-playing environment, while referring to the Electricity (Amendment...

October 31, 2025

Markets & Policy

Uttar Pradesh Issues New Framework for Captive Renewable Energy Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has notified the Captive and Renewable Energy Generating Plants Regulations, 2024, setting a comprehensive framework for renewable and captive generation in the state fro...

October 28, 2025

Markets & Policy

Haryana Issues Tariff Determination Terms for Renewable Energy Projects

The Haryana Electricity Regulatory Commission (HERC) has issued the terms and conditions for determining tariffs for renewable energy projects, renewable purchase obligations, and renewable energy certificates. The regulations wil...

October 30, 2025

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Daily News Wrap-Up: Ministry Backs Proposed Reforms, Assures Fair Competition

The Ministry of Power has asserted that government-owned distribution companies (DISCOM) will continue to operate alongside private licensees in a regulated, level-playing environment, while referring to the Electricity (Amendment) Bill, 2025. It...

November 3, 2025

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IEX’s Profit Increases by 13.9% in Q2 FY 2026 Amid Strong Electricity Trade

The Indian Energy Exchange (IEX) has posted a revenue of ₹1.83 billion (~$20.63 million), a 9.2% YoY increase from ₹1.67 billion (~$18.82 million), in the second quarter of the financial year (FY) 2026. It earned a post-tax profit of ₹1.23 billion...

November 3, 2025

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AI Surge, Funding Gaps, and Geopolitics Delay Net Zero to 2060: Report

The global energy transition is falling behind as the world drifts further from its climate goals, according to Wood Mackenzie’s Energy Transition Outlook 2025–26. It warned that net zero emissions are unlikely before 2060. Ten years after the Paris...

November 3, 2025

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First Solar Plans New 3.7 GW Module Plant, Revenue Up in Q3

U.S.-based solar module manufacturer First Solar’s revenue rose 79.6% year-over-year (YoY) to $1.59 billion in the third quarter (Q3) of 2025 from $887.67 million. First Solar attributed the rise in revenue to an increase in volume of modules sold...

November 3, 2025

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Mining Firm MOIL Invites Bids for 7 MW Solar Project in Maharashtra

Maharashtra government-owned manganese ore mining company MOIL has invited bids for a 7 MW solar project at its Parsoda Mine site in the state’s Nagpur district. Bids must be submitted by December 8, 2025. Bids will be opened on December 10. The...

October 31, 2025

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IKEA’s Parent Company Invests in 210 MW Solar Project in Rajasthan

Ingka Investments, the investment arm of Ingka Group and the parent company of IKEA retail, has announced its first renewable energy investment in India, acquiring a 100% stake in a 210 MW solar project in Bikaner, Rajasthan. The project is part of...

October 31, 2025

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Spain Expands Grants for Energy Storage Projects to €840 Million

Spain’s EPE Institute for Energy Diversification and Saving (IDAE) has approved the expansion of the budget allocation for non-repayable grants to support 2,416.54 MW of energy storage projects by 20% from €699.75 million (~$813.7 million) to €839....

October 31, 2025

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Solar Module Recycling Firm Beyond Renewables Secures ₹50 Million

Beyond Renewables & Recycling, a solar module recycling startup, has raised ₹50 million (~$563,281) in pre-seed funding led by Momentum Capital to accelerate the development of its proprietary recycling technology, strengthen its waste supply...

October 31, 2025

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Gurugram Complex Cuts Power Bills with 185 kWp Rooftop plus BIPV Solar Project

To reduce its carbon footprint and set a benchmark for environmental responsibility in the corporate real estate sector Chimes, commercial complex in Gurugram, Haryana, installed a 185 kWp rooftop and building-integrated photovoltaic (BIPV) solar...

October 31, 2025

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