Featured
thumbnail
Shorter Battery Storage PPAs Gain Favor, but Bankability Remains Key

As India’s energy storage market matures, battery energy storage developers say power purchase agreement (PPA) tenures need greater flexibility than the customary 20-25-year contracts used for solar and wind projects. Contract dur...

October 6, 2026

Mercom Research Focus

Success of Green Energy Corridor III Hinges on Timely Project Execution

The Green Energy Corridor Phase III (GEC III) program has the potential to create new opportunities for transmission equipment suppliers, EPC firms, battery storage providers, and grid technology companies as India develops infras...

October 5, 2026

Finance and M&A

RBI Rate Hike May Increase Renewable Energy Financing Costs

The Reserve Bank of India’s (RBI) decision to raise the repo rate by 25 basis points has raised concerns among renewable energy developers over higher financing costs and their potential impact on project economics. The RBI raised...

October 7, 2026

C&I

Lucknow’s Rooftop Solar, Data Center Growth Could Drive C&I Clean Energy

Lucknow is emerging as a commercial and industrial (C&I) clean energy market, supported by rooftop solar adoption, planned Solar City development, and rising electricity demand from commercial facilities and data centers. As o...

October 8, 2026

Latest News

thumbnail
SECI Invites Bids for Peak Power Supply from ISTS-Connected Renewable Projects

The Solar Energy Corporation of India (SECI) has invited bids to select developers for assured peak supply of 4800 MWh (1200 MW x 4 Hrs.) from interstate transmission system (ISTS)-connected renewable energy projects in India (SECI-FDRE-X). The last...

October 8, 2026

thumbnail
MENA Weekly Round-Up: UAE Targets 18 GW Renewable Energy Projects by 2030

The UAE is developing 17,980 MW of renewable energy capacity across 14 projects scheduled to come online by 2030, according to EICDataStream. The country also has 12,947 MW of conventional power capacity under development across nine projects....

October 7, 2026

thumbnail
Terra Clean Floats Land Aggregation Tender for Solar Project in Gujarat

Terra Clean (TeCL), a wholly owned subsidiary of Indian Oil Corporation (IndianOil), has invited bids to aggregate land for a solar project in Gujarat. The project entails land aggregation for a 300 MW interstate transmission system...

October 7, 2026

thumbnail
MERC Lets Parties Decide Commissioning Date for 730 MW Solar Projects

The Maharashtra Electricity Regulatory Commission (MERC), in a recent judgment, left it to the solar developer and the Maharashtra State Electricity Distribution Company (MSEDCL) to decide on the extensions to the Scheduled Commencement of Supply...

October 7, 2026

thumbnail
GERC Upholds 15% Supervision Charges on 1 MW Solar Project

The Gujarat Electricity Regulatory Commission (GERC) has dismissed a petition challenging the levy of 15% supervision charges and a ₹100,000 (~$1,033) connectivity fee on a 1 MW solar project developed under the state’s Small Scale Distributed Solar...

October 7, 2026

thumbnail
EV Charging Software Company Ionage Raises $1.3 Million

Ionage, an artificial intelligence-based charging and energy management platform for electric vehicles (EVs), has raised $1.3 million in pre-series A funding. The funding round was led by strategic investors and a consortium of CXOs from energy and...

October 7, 2026

thumbnail
SECI Invites Bids for Rooftop Solar Projects in New Delhi

The Solar Energy Corporation of India (SECI) has invited bids to select developers to set up grid-connected rooftop solar power projects on New Delhi Municipal Council (NDMC) buildings under the Renewable Energy Service Company (RESCO) model (RTSPV...

October 7, 2026

thumbnail
JSERC Allows Coal Miner to Connect 1.88 MW Rooftop Solar Project at 11 kV

The Jharkhand State Electricity Regulatory Commission (JSERC) has allowed a coal mining company to inject power from its 1.882 MW rooftop solar project at Belgaria Township Phase-I into the existing 11 kV network. It also permitted a net metering...

October 7, 2026

MORE NEWS