The Central Electricity Regulatory Commission (CERC) has determined the value of “X” for computing deviation by wind and solar sellers under the Deviation Settlement Mechanism (DSM) Regulations, 2024. The revised framework will come into force from...

PFC Consulting has invited bids to set up an intrastate transmission system by setting up the 400 kV Igatpuri-Murbad switching station to evacuate 2.7 GW of pumped storage capacity in Thane, Maharashtra. The scope of work includes survey,...

The Ministry of New and Renewable Energy (MNRE) has approved a pilot Contracts for Difference (CfD) program for renewable energy, with the Solar Energy Corporation of India (SECI) designated as the nodal agency. Under the approved framework, SECI...

The government has begun invoking emergency powers under Section 11 of the Electricity Act to direct coal-based thermal power plants to increase generation, given the prevailing demand-supply situation and the expected rise in power demand in the...

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has slightly reduced tariffs across all consumer categories for the financial year (FY) 2026-27. The tariffs will come into force by April 1, 2026. Domestic Consumers The Commission has...

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, closed nearly $900 million in financing for its Cold Creek solar-plus-storage project in Schleicher and Tom Green Counties, Texas. The hybrid project...

From: Mercom Capital Group TerraSpark, a space-based solar energy solutions provider, secured €5 million (~$5.7 million) in a funding round led by Daphni, Sake Bosch, the investor alliance Better Ventures, the Hans(wo)men Group, the Luxembourg...

Egypt signed agreements for renewable energy and battery storage projects totaling 5.62 GW. The deals include wind and solar projects, as well as large-scale battery storage systems. A key project is a 900 MW wind farm in Ras Shukeir, developed by a...

Indian Renewable Energy Development Agency (IREDA) has entered into a facility agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise an external commercial borrowing (ECB) amounting to ¥28 billion (~$175.37 million), including a...

The Central Mine Planning and Design Institute (CMPDI), a subsidiary of Coal India, has invited bids to develop a 25 MW solar power project for Bharat Coking Coal at the Dugdha Coal Washery in Dhanbad, Jharkhand. The successful bidder will also be...