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SAEL, Waaree, MB Power, and JLTM Energy Win PSPCL’s 500 MW Solar Auction

SAEL Industries,  Waaree Forever Energies (a subsidiary of Waaree Energies), MB Power (Madhya Pradesh) (a subsidiary of Hindustan Power), and JLTM Energy India (a subsidiary of Technique Solaire) have won the Punjab State Power Co...

April 23, 2026

Grid

Rajasthan Sees Nearly 12 GW of Solar, Wind Curtailment Since January

A staggering 11.5 GW of renewable energy has been curtailed in Rajasthan since January 2026, with March alone accounting for 8.3 GW, prompting developers to seek the state government’s intervention. Rajasthan Solar Association sa...

April 23, 2026

Mercom Research Focus

Top Solar Project Operations & Maintenance Service Providers in 2025

Inox Green Energy Services, Mitarsh Energy, Jakson Green, Inspire Clean Energy, and Sterling & Wilson emerged as the top solar project operations and maintenance (O&M) service providers in India for 2025, according to Merc...

April 22, 2026

Markets & Policy

High Irradiance, Low Installations: The Solar Gap in Eastern and Central India

India’s average solar irradiance ranges from 3.5–5.5 kWh/m²/day across the country, with nearly every state offering significant potential for solar energy generation. However, several states with high irradiance and ample wastela...

April 21, 2026

Latest News

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Saudi Arabia Issues Qualification Process for 12 GWh Energy Storage Projects

The Saudi Power Procurement Company (SPPC) has launched the qualification process for the second group of four-hour-duration battery energy storage projects, with a total capacity of 3,000 MW/12,000 MWh. Each project will be set up under a...

April 24, 2026

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US Sets Preliminary Antidumping Duties on Solar Cells from India

The U.S. Department of Commerce has announced preliminary affirmative determinations in antidumping duty investigations into crystalline silicon photovoltaic cells, whether or not assembled into modules or solar cells, from India, Indonesia, and...

April 24, 2026

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Daily News Wrap-Up: PSPCL Announces Winners of 500 MW Solar Auction

SAEL Industries, Waaree Forever Energies (a subsidiary of Waaree Energies), MB Power (Madhya Pradesh) (a subsidiary of Hindustan Power), and JLTM Energy India (a subsidiary of Technique Solaire) won the Punjab State Power Corporation’s (PSPCL)...

April 24, 2026

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ReNew to Set Up 6.5 GW Solar Ingot-Wafer Facility in Andhra Pradesh

Independent power producer ReNew Energy Global will set up a 6.5 GW solar ingot-wafer manufacturing facility in Anakapalli, Andhra Pradesh, with an investment of ₹42 billion (~$446.47 million). Through this manufacturing facility, ReNew aims to...

April 24, 2026

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SJVN Green Invites Bids for Sale of 712 MW Solar Modules

SJVN Green Energy (SGEL) has issued an expression of interest (EoI) for the sale of 712.89 MW of solar modules stored at multiple locations in India. Bids must be submitted by May 14, 2026. Bids will be opened on May 15. The EoI invites interested...

April 24, 2026

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Saatvik Green Energy Acquires 80% Stake in Transformer Manufacturer

Haryana -based solar module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals, a Jaipur-based transformer manufacturer. The acquisition involves 8,000 equity shares, valued at ₹24 million...

April 23, 2026

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MERC Rejects Solar Developer’s ₹477 Million Change-in-Law Compensation Claim

The Maharashtra Electricity Regulatory Commission (MERC) has rejected a solar developer’s petition seeking compensation of ₹477.5 million (~$5.09 million) for additional expenditure incurred due to a change-in-law event arising from an increase in...

April 23, 2026

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CleanCapital Sells 120 MW Solar Project in Ohio

CleanCapital, a U.S.-based independent power producer focused on distributed renewable energy, has sold a 120 MW solar project in Harrison County, Ohio, to Energix Renewables, an independent power producer that develops, constructs, owns, and...

April 23, 2026

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MERC Approves Tariffs for 8 MW Round-the-Clock Renewable Energy

The Maharashtra Electricity Regulatory Commission (MERC) has approved tariffs ranging from ₹5.30 (~$0.0565)/kWh to ₹5.90 (~$0.0629)/kWh for the procurement of round-the-clock renewable energy. The approval relates to a petition filed by Mindspace...

April 23, 2026

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EMERAM Acquires Stake in Home Energy Management Firm Solar Manager

EMERAM, an investment manager, has acquired a stake in Switzerland-based Solar Manager AG, a provider of home energy management solutions. The financial details of the transaction were not disclosed. Founded in 2018, Solar Manager is said to develop...

April 23, 2026

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