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SAEL, Waaree, MB Power, and JLTM Energy Win PSPCL’s 500 MW Solar Auction

SAEL Industries,  Waaree Forever Energies (a subsidiary of Waaree Energies), MB Power (Madhya Pradesh) (a subsidiary of Hindustan Power), and JLTM Energy India (a subsidiary of Technique Solaire) have won the Punjab State Power Co...

April 23, 2026

Grid

Rajasthan Sees Nearly 12 GW of Solar, Wind Curtailment Since January

A staggering 11.5 GW of renewable energy has been curtailed in Rajasthan since January 2026, with March alone accounting for 8.3 GW, prompting developers to seek the state government’s intervention. Rajasthan Solar Association sa...

April 23, 2026

Mercom Research Focus

Top Solar Project Operations & Maintenance Service Providers in 2025

Inox Green Energy Services, Mitarsh Energy, Jakson Green, Inspire Clean Energy, and Sterling & Wilson emerged as the top solar project operations and maintenance (O&M) service providers in India for 2025, according to Merc...

April 22, 2026

Markets & Policy

US Sets Preliminary Antidumping Duties on Solar Cells from India

The U.S. Department of Commerce has announced preliminary affirmative determinations in antidumping duty investigations into crystalline silicon photovoltaic cells, whether or not assembled into modules or solar cells, from India,...

April 24, 2026

Latest News

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Headwater Energy Acquires Solar and Storage Developer Arena Renewables

U.S.-based Headwater Energy,  a utility-scale solar and energy storage development firm, has completed the acquisition of Arena Renewables, a distributed generation solar and battery energy storage system developer. The financial terms of the...

April 24, 2026

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Solar and Storage Project Developer Nexamp Secures $200 Million

Nexamp, a developer of solar and battery storage projects, has secured a $200 million credit facility from Nuveen Energy Infrastructure Credit, acting as the sole lender. The facility is structured as a delayed draw term loan, with an initial...

April 24, 2026

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Government Scraps Power-Telecom Panel Nod for Transmission Lines from July 2026

The Ministry of Power has decided to eliminate the requirement for Power Telecom Coordination Committee (PTCC) clearance for transmission lines from July 1, 2026, to reduce delays in project execution. The decision was taken at a meeting chaired by...

April 24, 2026

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Higher Power Trading Volume Pushes IEX’s Revenue Up 22.5% YoY in Q4 FY 2026

The Indian Energy Exchange (IEX) reported revenue from operations of ₹1.74 billion (~$18.49 million) in the fourth quarter (Q4) of the financial year (FY) 2026, a 22.5% year-over-year (YoY) increase from ₹1.42 billion (~$15.09 million). The...

April 24, 2026

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Adani Green’s Q4 Revenue Up 13.7% YoY, Backed by Capacity Expansion

Adani Green Energy’s (AGEL) revenue increased by 13.7% year-over-year (YoY) to ₹37.27 billion (~$396.22 million) in the fourth quarter (Q4) of the financial year (FY) 2026, from ₹32.78 billion (~$348.49 million) a year ago. The growth was primarily...

April 24, 2026

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Ahasolar Technologies Wins Consultancy Tender for 30 MW Rooftop Solar Project

Gujarat-based solar company Ahasolar Technologies has secured a work order from Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to provide consultancy services for 30 MW of distributed grid-connected rooftop solar projects...

April 24, 2026

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Saudi Arabia Issues Qualification Process for 12 GWh Energy Storage Projects

The Saudi Power Procurement Company (SPPC) has launched the qualification process for the second group of four-hour-duration battery energy storage projects, with a total capacity of 3,000 MW/12,000 MWh. Each project will be set up under a...

April 24, 2026

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Daily News Wrap-Up: PSPCL Announces Winners of 500 MW Solar Auction

SAEL Industries, Waaree Forever Energies (a subsidiary of Waaree Energies), MB Power (Madhya Pradesh) (a subsidiary of Hindustan Power), and JLTM Energy India (a subsidiary of Technique Solaire) won the Punjab State Power Corporation’s (PSPCL)...

April 24, 2026

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ReNew to Set Up 6.5 GW Solar Ingot-Wafer Facility in Andhra Pradesh

Independent power producer ReNew Energy Global will set up a 6.5 GW solar ingot-wafer manufacturing facility in Anakapalli, Andhra Pradesh, with an investment of ₹42 billion (~$446.47 million). Through this manufacturing facility, ReNew aims to...

April 24, 2026

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