As part of a larger bid to decentralize the energy marketplace, the Delhi Electricity Regulatory Commission (DERC) has given the nod for a mechanism for interstate and intrastate peer-to-peer (P2P) solar energy trading on a six-month pilot basis....

Power Finance Corporation (PFC) and REC Limited’s merger is moving ahead in full steam, with execution plans being laid out to meet the statutory and regulatory requirements. After REC became a subsidiary of PFC, exposure under the Reserve Bank of...

India recorded its highest-ever annual solar capacity addition in the calendar year 2025, installing 36.6 GW, a 43% increase over the 25.6 GW added in 2024, according to Mercom India’s newly released Q4 and Annual 2025 India Solar Market Update...

NTPC Renewable Energy (NTPC REL) has issued a tender for the development of a 540 MW wind energy project at the interstate transmission system (ISTS) substation Anantapur-III in Andhra Pradesh under Tranche-II. Bids must be submitted by March 30,...

The European Union (EU) has installed 27.1 GWh of new battery storage capacity in 2025, marking a 45% year-over-year (YoY) increase and the bloc’s 12th consecutive record year, according to  SolarPower Europe’s EU Battery Storage Market Review 2025....

Lucknow Solar Power Development Corporation (LSPDCL), a joint venture company of the Solar Energy Corporation of India (SECI) and Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), has invited bids to secure a term loan of ₹300...

Battery manufacturer Amara Raja Energy and Mobility has announced plans to incorporate a wholly owned subsidiary in the U.S., to be named “ARE&M US Inc.” The entity is proposed to be incorporated in three to six months and will operate in the...

The Bihar Electricity Regulatory Commission (BERC) has approved a tariff of ₹6.74 (~$0.074)/kWh for the Bihar State Power Holding Company (BSPHCL) to procure 450 MW/1,800 MWh of assured peak-hour power from SJVN’s 1,500 MW/6,000 MWh interstate...

Government-owned power generation company SJVN’s revenue rose to ₹10.81 billion (~$119.22 million) in the third quarter (Q3) of the financial year (FY) 2026, a 61.3% year-over-year (YoY) increase from ₹6.71 billion (~$74.01 million). Revenue from...

Hartek Group’s Power Systems business unit has secured cumulative substation and transmission infrastructure orders worth ₹7.35 billion (~$80.85 million) across the utility, independent power producer (IPP), and industrial segments. The projects are...