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Industry Welcomes Government Push For Upstream-Focused Solar Lending

The Ministry of New and Renewable Energy’s (MNRE) recent advisory to banks and financial institutions, calling for prudence in lending to standalone solar module manufacturing, has been welcomed by the renewable energy sector. Sta...

December 15, 2025

Sponsored News

Made for Indian Grid Conditions: How PURE Energy Is Redefining Battery Storage

India’s commercial and industrial (C&I) sector is rapidly adopting battery energy storage systems (BESS) for power arbitrage and greater grid independence, even as residential uptake accelerates. A key growth driver is replaci...

December 16, 2025

Solar

NLC India Wins Contract for 110 MW Solar Projects in Uttar Pradesh

NLC India has received a letter of acceptance from the National Capital Region Transport Corporation (NCRTC) for setting up 110 MW ground-mounted solar projects in Uttar Pradesh. The tender was floated in August 2025. The projects...

December 15, 2025

Grid

CEA Pushes for Localization of Power Transmission and Distribution Components

The Central Electricity Authority (CEA) has identified 73 items used in the power transmission and distribution sector to formulate a comprehensive localization strategy based on criticality, feasibility, and industry readiness. I...

December 15, 2025

Latest News

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Tata Power to Raise ₹20 Billion Via Private Placement of Debentures

Tata Power has announced plans to raise ₹20 billion (~$220.53 million) through private placement of unsecured, senior, redeemable, rated, listed, taxable, non-cumulative nonconvertible debentures (NCDs). The company has proposed to issue 200,000...

December 16, 2025

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POWERGRID Bags 765 kV Link Project Between East and South Grids

Power Grid Corporation of India (POWERGRID) has received the letter of intent (LoI) for establishing a 765 kV interstate transmission system project connecting the southern and eastern grids. The tender for the project, “Inter-Regional Strengthening...

December 16, 2025

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MNRE Asks States to Publish Available Spare Power Transmission Capacity

The Ministry of New and Renewable Energy (MNRE) has asked state power transmission utilities to publish details of spare transmission capacity at regular intervals in the public domain. Publishing the spare transmission capacity available at the...

December 16, 2025

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SEG Solar Begins Construction of 3 GW Ingot and Wafer Facility in Indonesia

SEG Solar, a California-based solar module manufacturer, has commenced the build-out of a 3 GW ingot and wafer manufacturing facility in Batang Regency, Indonesia. The facility will be expanded to enable the manufacture of 5 GW of ingots and wafers....

December 16, 2025

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NLC India-PTC Joint Venture Aims to Develop 2 GW Renewable Energy Projects

NLC India Renewables, a subsidiary of NLC India, has signed a joint venture (JV) agreement with PTC India to develop renewable energy projects with a capacity of 2 GW. This follows a memorandum of understanding entered into by the two companies in...

December 16, 2025

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Canada to Review Antidumping Order on Chinese Solar Components

The Canadian International Trade Tribunal (CITT) has initiated an interim review of its March 25, 2021, order on dumping and subsidy duties on specific solar components from China, at the request of the Canada-based solar solutions company, Kings...

December 16, 2025

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Solar Cell Capacity Under MNRE’s ALMM List-II Increases to 23.7 GW

The Ministry of New and Renewable Energy (MNRE) has issued the revised Approved List of Models and Manufacturers List-II for solar cells, raising the total enlisted capacity to 23.7 GW. The Ministry added two new entries from Waaree Energies, with a...

December 16, 2025

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MENA Weekly Round-Up: ACWA Power, Bapco Energies Sign Solar Plus BESS Deal

ACWA Power and Bapco Energies announced a joint development agreement to execute a solar-plus-large-scale battery energy storage (BESS) project in the eastern province of Saudi Arabia. The announcement was made during the Saudi-Bahraini Coordination...

December 16, 2025

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SJVN Green Expands Operational Capacity of Bikaner Solar Project to 830 MW

SJVN Green Energy has commissioned 100.56 MW of its 1 GW Bikaner solar project in Rajasthan, bringing its total operational capacity to 830.7 MW. In October, SJVN commissioned a capacity of 128.88 MW. During the second quarter (Q2) of the financial...

December 16, 2025

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US Median Solar Module Prices Rose 14% Between January and November: Report

Overall solar module median pricing in the U.S. increased by 14% or $0.035/W from January to November, according to Anza Renewables’ Q4 2025 Quarterly Pricing &  Domestic Content Report. The report highlighted that rapid and monumental policy...

December 16, 2025

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