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Prostarm, Hindustan Power, Barbrik Among Winners in Bihar’s 500 MWh BESS Auction

Barbrik Projects, Saatvik Green Energy, Kundan Green Energy, Prostarm Info Systems, Hindustan Thermal Project (Hindustan Power), and Suryam International have won the Bihar State Power Generation Company’s (BSPGCL) auction to set ...

July 2, 2025

Mercom Research Focus

Madhya Pradesh Emerges as a Key Market for Solar Open Access

In the first quarter (Q1) of 2025, Madhya Pradesh emerged as one of the leading states in adding solar open access capacity. With 121.5 MW installed, it recorded the fourth-highest addition during the quarter, contributing over 11...

July 2, 2025

Electric Vehicles

Electric Vehicle Sales Clock 34% YoY Growth in Q2 2025

Electric vehicle (EV) sales in India reached 530,386 units in the second quarter (Q2) of 2025, an over 34% year-over-year (YoY) increase from 396,719 units. EVs accounted for 8% of the overall automobile sales, which totaled 6,554...

July 1, 2025

Grid

No ISTS Charges Waiver for Solar, Wind Projects Commissioned after June 2028

The Central Electricity Regulatory Commission (CERC) has issued a time frame for waiving interstate transmission (ISTS) charges for renewable energy, energy storage projects, green hydrogen, and green ammonia. Renewable energy gen...

June 27, 2025

Latest News

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Daily News Wrap-Up: Bihar Announces Winners of 500 MWh BESS Auction

Barbrik Projects, Saatvik Green Energy, Kundan Green Energy, Prostarm Info Systems, Hindustan Thermal Project (Hindustan Power), and Suryam International won the Bihar State Power Generation Company’s (BSPGCL) auction to set up standalone battery...

July 3, 2025

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Global Offshore Wind Capacity Additions Fell 26% in 2024 to 8 GW: GWEC

Offshore wind energy capacity additions reached 8 GW at the end of 2024, a 26% decrease from the previous year, according to a report by the Global Wind Energy Council. By the end of 2024, a total of 83 GW of offshore wind power projects had been...

July 3, 2025

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Hartek Bags ₹1.38 Billion Substation Contract from PGCIL in Karnataka

Hartek Group, an engineering, procurement, and construction (EPC) company, has secured a contract worth ₹1.38 billion (~$16.05 million) from the Power Grid Corporation of India (PGCIL) to develop a 400 kV air-insulated substation (AIS). In February...

July 2, 2025

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Jharkhand Commission Issues Draft Regulations to Determine Solar Tariffs

The Jharkhand State Electricity Regulatory Commission (JSERC) has issued draft regulations to determine the tariff for procuring power from solar and solar-thermal power projects. The tariff for solar projects will be determined through competitive...

July 2, 2025

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Senate Passes Budget Bill Without Excise Tax on Wind and Solar Projects

The United States Senate has passed the budget reconciliation bill that removes the proposed excise tax on wind and solar projects. The bill’s previous version included a tax of 50% on solar and 30% on wind projects commissioned after December 31,...

July 2, 2025

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SJVN Tenders 1 MW Rooftop Solar Project in Arunachal Pradesh

SJVN has invited bids to set up rooftop solar systems with a cumulative capacity of 1 MW at the Civil Secretariat complex in Itanagar, Arunachal Pradesh, and its adjacent areas under the PM Surya Ghar: Muft Bijli Yojana in a capital expenditure mode....

July 2, 2025

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SJVN Green Floats EPC Tender for 951 MW Solar Projects in Maharashtra

SJVN Green Energy, a wholly owned subsidiary of SJVN, has issued an engineering, procurement, and construction (EPC) tender for setting up 951 MW of solar projects across Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 program,...

July 2, 2025

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Daily News Wrap-Up: CERC Eases Land Documentation Norms for ISTS Connectivity

The Central Electricity Regulatory Commission (APERC) permitted special purpose vehicles (SPVs) or subsidiaries of renewable energy companies to submit land and financial closure documents in place of their parent companies for the grant of...

July 2, 2025

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Funding and M&A Roundup: Clearway Secures Over $1 Billion

From: Mercom Capital Group Clearway Energy Group, a developer and operator of clean energy projects, secured over $1 billion in corporate credit funding, with Natixis Corporate and Investment Banking (Natixis CIB) acting as coordinating lead...

July 2, 2025

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