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India’s Solar Exports Up 26%, Imports Surge 80.2% QoQ in Q1 2025

Indian solar module and cell exports increased 26.1% quarter-over-quarter (QoQ) to $267.6 million (~₹23.1 billion) in the first quarter (Q1) of 2025 from $212.2 million (~₹17.92 billion), according to recent data published by the ...

June 16, 2025

Mercom Research Focus

Average Cost of Large-Scale Solar Projects Rose Marginally in Q1 2025

Large-scale solar project costs in India increased for the second consecutive quarter, according to Mercom’s  Q1 2025 India Solar Market Update, average project costs rose 3% quarter-over-quarter (QoQ) and 1% year-over-year (YoY)....

June 12, 2025

Markets & Policy

Renewable Energy Sector Cheers RBI Interest Rate Cut, Expects Lending Boost

The Reserve Bank of India’s (RBI) recent decision to cut interest rates by 50 basis points has brought cheer to the renewable energy sector, with stakeholders describing the announcement as a significant tailwind. Industry insider...

June 11, 2025

Solar

SEPC Bags 133 MW Solar EPC Contract in Maharashtra

Solar engineering, procurement, and construction (EPC) firm SEPC received a letter of award from Parmeshi Urja for the EPC of 133 MW of solar projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabh...

June 12, 2025

Latest News

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REMCL Floats Tender for 1.25 MW Rooftop Solar Projects in Maharashtra

REMCL, a joint venture between the Ministry of Railways and Rail India Technical and Economic Service, has invited bids to set up a cumulative 1.25 MW of rooftop solar projects at four railway stations in Maharashtra. These projects will be set up...

June 16, 2025

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NCR Transport Corporation Tenders 3 MW Rooftop Solar Projects

The National Capital Region Transport Corporation (NCRTC) has invited bids to set up 3 MW rooftop solar projects in the Delhi–Ghaziabad–Meerut Namo Bharat Corridor. Bids must be submitted by July 14, 2025. Bids will be opened on July 15. Bidders...

June 16, 2025

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Daily News Wrap-Up: Torrent Power Wins SECI’s 600 MW Wind Auction

Torrent Green Energy (Torrent Power) won Solar Energy Corporation of India’s auction to set up 600 MW interstate transmission system-connected wind power projects under Tranche XVIII. Torrent Power has won 300 MW at a tariff of ₹3.97 (~$0.046)/kWh....

June 16, 2025

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Karnataka Farm Products Cooperative Sales Unit Turns to Solar, Saves Big

With a growing push for renewable energy adoption in India, it is not only commercial and industrial (C&I) units that are turning to solar energy, but also businesses in the agricultural sector. One such example is the supermarket of Tota...

June 16, 2025

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MENA Weekly Roundup: AfDB Approves $184 Million for Solar Project in Egypt

The African Development Bank Group (AfDB) approved a financing package of up to $184.1 million to support the 1 GW Obelisk solar project in Egypt’s Qena Governorate. This project will also include a 200 MWh battery energy storage system. With a...

June 16, 2025

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CERC Approves Tariffs for SECI’s 600 MW Wind-Solar Hybrid Projects

The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹3.25 (~$0.037)/kWh and ₹3.26 (~$0.038)/kWh for Solar Energy Corporation of India’s (SECI) 600 MW interstate transmission system-connected wind-solar hybrid power projects...

June 13, 2025

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MNRE Issues Guidelines for Installation of Prototype Wind Turbines 

The Ministry of New and Renewable Energy (MNRE) has issued guidelines setting the validity of the prototype certificate for wind turbine at three years. The guidelines include a framework for installing prototype wind turbine models. They will apply...

June 13, 2025

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Rajasthan Issues Draft Intrastate Transmission System Connectivity Regulations

The Rajasthan Electricity Regulatory Commission (RERC) has issued a draft procedure for granting connectivity to the intrastate transmission system. The procedure, which governs access to the intrastate transmission system at 33 kV and above,...

June 13, 2025

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ANERT Invites Proposals for Green Energy Demonstration Projects

Kerala’s Agency for New and Renewable Energy Research and Technology (ANERT) has invited expressions of interest for demonstration projects in green hydrogen, smart energy, and industrial decarbonization. Bids must be submitted by June 18, 2025....

June 13, 2025

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