The Karnataka Electricity Regulatory Commission (KERC) has issued draft regulations to balance power generation and consumption and minimize deviations from scheduled generation and consumption patterns. As per the draft Karnataka Electricity...

India added 3.6 GW of solar open access capacity in the first half (1H) of 2024, a 153% increase from the 1.4 GW installed during the same period in 2023, according to the Q2 2024 Mercom India Solar Open Access Market Report. The capacity added in...

Electric vehicle (EV) logistics mobility platform Zevo has raised $2 million in a pre-series A funding round. Pegasus India Fund, BizDateUp, JIIF, and a family office led the funding. Zevo plans to use the funds to deploy 5,000 EVs and develop...

Prashant Kumar Singh, an IAS officer of the 1993 batch belonging to the Manipur cadre, has taken over as the new Secretary in the Ministry of New and Renewable Energy (MNRE). Singh was previously the director and CEO of Government e-Marketplace...

Public finance company REC’s renewable energy loan disbursements rose 92.68% in the first half (1H) of the financial year (FY) 2024-25 and 37.35% in the second quarter (Q2). The company approved ₹112.97 billion (~$1.34 billion) in loans in 1H, a 92....

Gujarat added the sixth-highest solar open access capacity in Q2 2024, according to Mercom’s Q2 2024 India Solar Open Access Market Report. In Q2 of 2024, about 1.8 GW of solar open access capacity was added in the country, a marginal 2.5% drop QoQ...

Greater Noida-based solar module manufacturer Alpex Solar has announced it is investing ₹6.42 billion (~$73.4 million) to set up a 1.6 GW solar cell manufacturing facility. The company’s entry into solar cell production complements its...

THDC India has invited expressions of interest to empanel technical consulting agencies to prepare detailed project reports (DPR) for ground-mounted and rooftop solar power projects across India for three years. The empanelment period may be...

The U.S. Department of Commerce has announced preliminary duties on crystalline photovoltaic (PV) cells from Cambodia, Malaysia, Thailand, and Vietnam. This move follows investigations into countervailing duties (CVD) stemming from concerns that...