LATEST HEADLINES
Funding and M&A Roundup: Energy Storage Company Tyba Raises $13.9 Million
Feb 12, 2025
APTEL Overturns Haryana Regulator’s Tariff Rejection Order
Feb 12, 2025
Project Finance Brief: Matrix Renewables Secures $41 Million Financing
Feb 12, 2025
Madhya Pradesh’s Draft EV Policy Proposes ₹50,000 Subsidy for Four-Wheelers
Feb 11, 2025
Kerala Regulator Approves KSEB’s Power Banking Agreements
Feb 11, 2025
The PM Surya Ghar: Muft Bijli Yojana and the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) are the government’s key initiatives to help homeowners and farmers become energy prosumers. However, the increasin...
February 3, 2025
Mercom Research Focus
Capacity Additions Drive India’s Solar Power Generation Up 18% in 2024India’s solar power generation rose nearly 18% year-over-year (YoY) to 133.8 billion units (BU) in 2024 from 113.4 BU, according to data published by the Central Electricity Authority (CEA). In the first nine months (9M) of ...
February 5, 2025
Other
Budget Reactions: Industry Applauds National Manufacturing Mission for Clean EnergyThe Union Budget 2025 has received strong industry support for its emphasis on clean energy, domestic manufacturing, and infrastructure development. The budget, presented to Parliament by Finance Minister Nirmala Sitharaman last w...
February 4, 2025
Energy Efficiency
Financial Incentives Vital for Energy Transition of Hard-to-Abate Sectors: InterviewVedanta Aluminium, part of the Vedanta Group, is among the leading aluminum producers in India. Its smelters and refineries in Odisha and Chhattisgarh are increasing the use of renewable energy sources like solar, wind and biomass...
January 31, 2025
LATEST HEADLINES
Funding and M&A Roundup: Energy Storage Company Tyba Raises $13.9 Million
Feb 12, 2025
APTEL Overturns Haryana Regulator’s Tariff Rejection Order
Feb 12, 2025
Project Finance Brief: Matrix Renewables Secures $41 Million Financing
Feb 12, 2025
Madhya Pradesh’s Draft EV Policy Proposes ₹50,000 Subsidy for Four-Wheelers
Feb 11, 2025
Kerala Regulator Approves KSEB’s Power Banking Agreements
Feb 11, 2025
Trending News
January 15, 2025
January 15, 2025
Tender & Auctions
Uttar Pradesh Invites Bids for 5 MW Solar Project
February 10, 2025
February 6, 2025
February 5, 2025
Mercom Insights
Capacity Additions Drive India’s Solar Power Generation Up 18% in 2024
January 31, 2025
Market & Policy
APTEL Overturns Haryana Regulator’s Tariff Rejection Order
February 11, 2025
February 11, 2025
February 11, 2025
February 11, 2025
Grid
Madhya Pradesh’s Draft EV Policy Proposes ₹50,000 Subsidy for Four-Wheelers
January 30, 2025
Energy Storage
APTEL Compensates Solar Project for GST Imposition
February 10, 2025
February 6, 2025
Latest News
From: Mercom Capital Group Tyba, a company that provides an optimization platform for energy storage projects, secured $13.9 million in Series A funding, bringing its total funding raised to $18.15 million. Energize Capital led the funding round....
February 12, 2025
The Appellate Tribunal for Electricity (APTEL) has set aside the Himachal Pradesh Electricity Regulatory Commission’s (HERC) dismissal of a petition for determining the tariff for a solar project. Background The appellant, GR Enterprises, set...
February 12, 2025
From: Mercom Capital Group Matrix Renewables, the TPG Rise-backed global renewable energy company, announced the closing of €40 million (~$41.36 million) in non-recourse financing with UniCredit. The funding will support the construction and...
February 12, 2025
The Madhya Pradesh government has announced a maximum state subsidy of ₹50,000 (~$570.99) per four-wheeler electric vehicle in Draft Madhya Pradesh Electric Vehicle (EV) Policy 2025. The policy will be valid for five years. It covers battery and...
February 11, 2025
The Kerala State Electricity Regulatory Commission (KSERC) has approved multiple energy banking agreements entered into by the Kerala State Electricity Board (KSEB) to manage surplus power efficiently. The Commission approved KSEB’s banking...
February 11, 2025
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids to set up a 5 MW solar power project in Mau, Uttar Pradesh. Bids must be submitted by March 10, 2025. Bids will be opened on the next day. Bidders must submit a...
February 11, 2025
The Appellate Tribunal for Electricity (APTEL) has dismissed an appeal by the Hubli Electricity Supply Company (HESCOM) against an order of the Karnataka Electricity Regulatory Commission (KERC) in 2021 granting a tariff increase for a solar project...
February 11, 2025
The Maharashtra Electricity Regulatory Commission (MERC) has rejected the Captive Power Producers Association’s (CPPA) petition seeking amendments to existing open access regulations and allowing them to set up wind-solar-thermal hybrid power...
February 11, 2025
A consortium of Bharat Heavy Electricals and Hitachi Energy India received a letter of intent from Rajasthan Part I Power Transmission to set up high-voltage direct current line commutated converters (HDVC LCC) terminal stations in Rajasthan and...
February 11, 2025
Buyers and sellers in the solar sector got a unique opportunity to share information about products and services and foster business-to-business connections at Mercom India’s first RE Buyer-Seller Meet in Bengaluru on February 7, 2025. The...
February 11, 2025
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