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Reliance, Jindal Among Winners of SJVN’s 1.2 GW Solar Plus Storage Auction

SAEL Industries, Jindal India Renewable Energy, Sembcorp Green, JBM Renewables, Fastnote Biofuels (Hindustan Power), and Reliance NU Energies won SJVN’s auction to develop 1,200 MW interstate transmission system-connected solar po...

May 9, 2025

Mercom Research Focus

Solar Tenders Plunge 53% YoY in Q1 2025, Auctions Drop 39%

Government agencies floated around 14.4 GW of solar tenders in Q1 2025, a 53.1% drop compared to 30.7 GW in Q1 2024, but a 5.4% increase from Q4 2024. The Ministry of New and Renewable Energy (MNRE) has set an annual bidding targe...

May 9, 2025

Mercom Research Focus

New Players Shake Up Indian Solar Market in 2024

Mercom India has released the India Solar Market Leaderboard 2025, outlining the market share rankings and competitive dynamics of the Indian solar sector for the calendar year 2024. The report notes significant changes in company...

May 6, 2025

Grid

DISCOM Dues to Power Generators Rise to ₹717 Billion in April 2025

Distribution companies (DISCOMs) owed power generators ₹717.5 billion (~$8.51 billion) in total dues for the monthly billing cycle in April 2025, according to the Ministry of Power’s payment ratification and analysis portal PRAAPT...

May 5, 2025

Latest News

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Daily News Wrap-Up: Winners of SJVN’s 1.2 GW Solar With ESS Auction Announced

SAEL Industries, Jindal India Renewable Energy, Sembcorp Green, JBM Renewables, Fastnote Biofuels (Hindustan Power), and Reliance NU Energies won SJVN’s auction to develop 1,200 MW interstate transmission system-connected solar power projects with...

May 12, 2025

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MENA Weekly Round-Up: QatarEnergy Inaugurates 875 MW Solar Projects

QatarEnergy launched two major solar projects totaling 875 MW in Ras Laffan and Mesaieed, more than doubling the country’s installed solar capacity. Minister of State for Energy Affairs Saad Sherida Al-Kaabi highlighted the shift to using local...

May 12, 2025

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NREL Claims a Boost in Perovskite Solar Cell Efficiency Using Ionic Salt

A study by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has claimed it has improved perovskite solar cell (PSC) technology performance by replacing the commonly used fullerene (C60) electron transport layer (ETL) with...

May 12, 2025

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Damodar Valley Corporation Tenders 234 MW Floating Solar Projects in Jharkhand

Damodar Valley Corporation (DVC) has invited bids to set up 234 MW floating solar projects on the Reservoir of DVC Maithon Dam, Maithon in Jharkhand. Bids must be submitted by 16, 2025. Bids will be opened on the same date. Bidders must furnish an...

May 9, 2025

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Adani Electricity Mumbai Floats Tender for 500 MW of Energy Storage Capacity

Adani Electricity Mumbai (AEML) has invited bids to procure 500 MW/4,000 MWh of energy storage capacity along with an additional 250 MW/2,000 MWh under greenshoe option from pumped hydro storage projects (PSP) or battery energy storage systems. Bids...

May 9, 2025

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REC’s Q4 Net profit Up 21% YoY, Loan Approvals for Renewables Surge

Public infrastructure finance company REC Limited recorded a total income of ₹153.48 billion (~$1.79 billion) for the fourth quarter (Q4) of the financial year (FY) 2025, a 21% year-over-year (YoY) increase. REC’s net profit for the quarter...

May 9, 2025

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Daily News Wrap-Up: MNRE Lowers Off-Grid Solar Module Efficiency Threshold

The Ministry of New and Renewable Energy reduced the minimum module efficiency requirement under the Approved List of Models and Manufacturers for modules used in off-grid solar projects. The minimum efficiency for crystalline silicon technology...

May 9, 2025

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Strong Solar Tracker Order Book Pushes Array Technologies Revenue by 97%

Array Technologies, a utility-scale solar tracker supplier, reported a net income of $2.3 million in the first quarter (Q1) of 2025, compared to a net loss of $11.3 million in Q1 2024. The company’s revenue during Q1 2025 was $302.4 million, a 97%...

May 9, 2025

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