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When Does It Pay to Give Up PM Surya Ghar Subsidy?

The Ministry of New and Renewable Energy’s (MNRE) option that allows residential consumers to voluntarily forgo subsidies under the PM Surya Ghar: Muft Bijli Yojana could create a separate market opportunity for larger rooftop sol...

June 24, 2026

Modules

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 encompassing bill of materials (BoM) and balance-of-system (Bo...

June 24, 2026

Grid

How Transmission Expansion Can Flip India’s Clean Energy Story

India’s renewable energy buildout is entering a phase where transmission readiness is becoming as critical as generation capacity. As solar, wind, hybrid, and storage projects scale across resource-rich states, the ability to shif...

June 23, 2026

Renewable Energy

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 for New and Renewable Energy Pralhad Joshi. For over a decade, ...

June 24, 2026

Latest News

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Telangana Power Regulator Clears 1.5 GWh Battery Storage Procurement

The Telangana Electricity Regulatory Commission (TGERC) has approved the procurement of 375 MW/1,500 MWh of battery energy storage capacity, proposed by distribution companies (DISCOMs) through the Telangana Power Generation Corporation (TGGENCO),...

June 25, 2026

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Jupiter Commissions 1.25 GW TOPCon Solar Cell Manufacturing Facility

Kolkata-based Jupiter International has commissioned a 1.25 GW TOPCon solar cell manufacturing unit at its Baddi complex in Himachal Pradesh. The company’s total solar cell manufacturing capacity currently stands at 3.25 GW with the addition of the...

June 25, 2026

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Suzlon Energy Bags 400 MW Wind EPC Order in Andhra Pradesh

Suzlon Energy (SEL) has secured an engineering, procurement, and construction (EPC) contract to develop a 400 MW wind energy project in the Anantapur district of Andhra Pradesh, pushing the company’s orderbook in the southern state to around 1...

June 25, 2026

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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 1, 2026, with an annual production capacity of 2 GW. It said the project...

June 25, 2026

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Torrent Power Raises ₹38 Billion Via Non-Convertible Debentures

Gujarat-based Torrent Power has raised ₹38 billion (~$402 million) through the private placement of secured, rated, listed, taxable, non-cumulative, redeemable, and non-convertible debentures (NCDs). The company issued 380,000 NCDs with a face value...

June 25, 2026

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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 create a distinct market opportunity for larger rooftop solar installations. The...

June 25, 2026

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Capital Markets, IPOs, and the Next Wave of Renewable Energy Growth

As India’s clean energy sector enters its next phase of growth, capital markets are emerging as a critical source of financing. Renewable energy developers, EPC companies, manufacturers, and other industry participants are increasingly tapping...

June 25, 2026

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Delhi Regulator Directs DISCOM to Tender 195 MWh Battery Storage Project

The Delhi Electricity Regulatory Commission (DERC) has approved BSES Rajdhani Power’s petition to issue a tender for a 195 MWh battery energy storage system at the 66/11 kV Harinagar, Sagarpur, Delhi Transco Pappankala 2, Bindapur, and G4 Dwarka...

June 24, 2026

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Nextpower to Acquire Zimmermann PV-Steel for $378 Million

Nextpower, an integrated provider of utility-scale solar infrastructure solutions offering trackers, electrical balance-of-system solutions, software, and robotics, has entered into a definitive agreement to acquire Germany-based Zimmermann PV-Steel...

June 24, 2026

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UPERC Allows Banking for Captive Solar Consumers Despite Missed Deadline

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed the Uttar Pradesh Power Corporation to execute fresh wheeling and banking agreements for 13 captive users by June 30, 2026, without requiring a prior reduction in open access...

June 24, 2026

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