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Virtual PPA Framework a Good First Step, But Regulatory Backing is Essential

Virtual power purchase agreements (VPPAs), a financial tool for energy-intensive industries seeking to meet their renewable energy obligations, have not gained momentum in India despite their seemingly promising nature. The Centra...

June 27, 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

Other

Mercom’s Renewable Energy Expo to Showcase Latest Solutions and Services

In its fifth edition, the Mercom India Renewables Summit will feature a dedicated renewable energy exhibition for the first time, showcasing the most advanced solutions and services in the clean energy sector. The exhibition will ...

July 1, 2025

Latest News

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Andhra Pradesh Commission Releases Draft BESS Regulations

The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued the draft “Planning, Procurement, Deployment, and Utilisation of Battery Energy Storage Systems (BESS)” Regulations, 2025. Stakeholders must submit their comments before July 21,...

July 1, 2025

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Solar Module Manufacturing Capacity Under ALMM Grows to 91.5 GW

The Ministry of Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 742 MW of solar module manufacturing capacity. The cumulative solar module manufacturing capacity under ALMM has now reached 91,458...

July 1, 2025

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DISCOMs Owed Power Generators ₹581 Billion in June 2025

Distribution companies (DISCOMs) owed power generators ₹581.33 billion (~$6.78 billion) in total dues for the monthly billing cycle in June 2025, according to the Ministry of Power’s payment ratification and analysis portal PRAAPTI. The outstanding...

July 1, 2025

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ORIX to Sell 17.5% Stake in Greenko to AM Green for $1.28 Billion

Japan-based financial services group ORIX Corporation has announced it will reenter a share transfer agreement to divest part of its holdings in Hyderabad-based renewable energy company Greenko Energy Holdings to AM Green Power. The transaction...

July 1, 2025

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Railways Issues Empanelment Tender for 1 MW Rooftop Projects in Bihar

The Ministry of Railways has issued a request for qualification to empanel agencies to implement 1 MW rooftop solar projects for Bihar’s Samastipur Division under the East Central Railways. Bids must be submitted by July 21, 2025. Bids will be...

July 1, 2025

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Month in a Minute: Top Headlines from the Indian Renewable Sector in June 2025

India added 1.1 GW of solar open access capacity in the first quarter (Q1) of 2025, down nearly 48% from 2.1 GW in Q4 2024. Installations were down 47% year-over-year (YoY) from over 2 GW, according to the Q1 2025 Mercom India Solar Open Access...

July 1, 2025

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Daily News Wrap-Up: MNRE Revises Biomass Energy Program Guidelines

The Ministry of New and Renewable Energy revised the guidelines for the National Biomass Program for the financial years 2022 to 2027 (Phase-I). These amendments aim to promote cleaner energy solutions, ease of doing business, and accelerate the...

July 1, 2025

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IREDA’s Loan Approvals Grow 29% YoY to ₹117 Billion in Q1 FY 2026

Government-owned lender Indian Renewable Energy Development Agency’s (IREDA) loan approvals climbed by 29% year-over-year (YoY) to ₹117.4 billion (~$1.37 billion) in the first quarter (Q1) of the financial year (FY) 2025-26, compared to ₹91.36...

July 1, 2025

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CERC Allows Project SPVs to Submit Land Documents for ISTS Connectivity

The Central Electricity Regulatory Commission (CERC) has 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 1, 2025

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