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APM Projects Wins Delhi Metro’s 5 MW Rooftop Solar Auction

APM Projects has won Delhi Metro Rail Corporation’s (DMRCL) auction to set up 5 MW of rooftop solar systems over its Phase-IV metro rail network under RESCO Mode. APM quoted a tariff of ₹3.68 (~$0.0407)/kWh to win the auction. The...

January 15, 2026

Mercom Research Focus

Farmers in Maharashtra and Rajasthan Turn to Robotic Cleaning to Improve Solar Output

The rapid rollout of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program is gradually transforming India’s rural solar landscape by enabling decentralized, feeder-level solar power projects for agricu...

January 14, 2026

Mercom Research Focus

Is Aggressive Bidding Distorting the Economics of Energy Storage Projects in India?

Only 50% of the standalone battery energy storage system (BESS) projects evaluated in a new industry survey showed positive project economics and economic viability under modeled assumptions, highlighting the continuing cost chall...

January 13, 2026

Markets & Policy

Rajasthan Renewable Curtailment Continues as Grid Constraints Limit Evacuation

Renewable energy generation in Rajasthan continues to experience large-scale curtailment, despite new transmission projects coming online. The 765 kV Khetri–Narela interstate transmission line, recently commissioned, was expected ...

January 13, 2026

Latest News

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Alpex Solar Wins ₹21.52 Billion Solar Module Supply Order

Module Manufacturer Alpex Solar has received an order for the supply of solar modules, valued at ₹21.52 billion (~$25.9 million) from an Indian industrial entity. The module supply must be completed in six months. Alpex Solar is currently executing...

January 15, 2026

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RECPDCL Tenders Transmission System to Evacuate 2.8 GW Renewable Energy

REC Power Development and Consultancy (RECPDCL) has invited bids to develop an inter-state transmission system to augment the Kankani 400 kV grid substation to 765 kV, along with associated transmission lines, to evacuate 2.8 GW of renewable energy...

January 15, 2026

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Himadri Steps Up Investment in Australian Battery Firm Sicona

Mumbai-based Himadri Speciality Chemical has announced an additional capital injection of AU$10.49 million (~$7.01 million) in Australia-based Sicona Battery Technologies, a developer of battery materials for lithium-ion batteries. The investment is...

January 15, 2026

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Sterling and Wilson’s Q3 Revenue Up 14%, Profits Reducing 91%

Sterling and Wilson Renewable Energy (SWREL) reported a consolidated revenue from operations of ₹20.92 billion (~$231.42 million million) for the third quarter (Q3) of the financial year (FY) 2026, a 14% year-over-year (YoY) increase from ₹18.37...

January 15, 2026

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Powering Apartments Via Virtual Net Metering: 60 kW Rooftop Solar with 1.5-Year Payback

India’s first virtual net metering (VNM) rooftop solar project under the PM Surya Ghar program has been implemented at a residential apartment in Raipur, Chhattisgarh. The project has delivered meaningful electricity savings for 20 households since...

January 15, 2026

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CEAT to Augment Clean Power Use from CleanMax’s 59 MW Wind-Solar Projects

CEAT, a multinational tire manufacturing company, will procure renewable energy from 59 MW of wind–solar hybrid power projects under the group captive mode. The project is developed by Clean Max Como and Clean Max Emerald, two special-purpose...

January 15, 2026

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NTPC Green Commissions 300 MW at Bhadla Solar Project in Rajasthan

NTPC Green Energy’s (NGEL) wholly-owned subsidiary, NTPC Renewable Energy has commissioned 300 MW out of the total capacity of 500 MW at the Bhadla solar project in Phalodi, Rajasthan. The commercial operation of the commissioned capacity commenced...

January 15, 2026

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Waaree Renewable Technologies’ Q3 FY 2026 Revenue Up 136% YoY

Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported a consolidated revenue from operations of ₹8.51 billion (~$94.27 million) for the third quarter (Q3) of the financial year (FY)...

January 15, 2026

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Daily News Wrap-Up: EIE Renewables Bags ITI’s 10 MW Solar Auction

EIE Renewables won ITI’s auction to set up a 10 MW ground-mounted solar project at Naini in Uttar Pradesh. The tender was floated in January 2025. EIE Renewables must supply electricity for 25 years as per the tripartite power purchase agreement....

January 15, 2026

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