The Indian Energy Exchange (IEX) recorded an electricity traded volume of 39,685 million units (MU) during the second quarter (Q2) of the financial year (FY) 2027, an increase of 12.7% year-over-year (YoY). The average market clearing price in the...

India added 50.6 GW of solar module and 9.7 GW of solar cell manufacturing capacity in the first half (1H) of 2026, according to Mercom India’s State of Solar PV Manufacturing in India 1H 2026 report. The top 10 manufacturers accounted for nearly...

The Ministry of New and Renewable Energy (MNRE) has issued a standard operating procedure requiring solar module model numbers submitted for registration or inclusion with the Bureau of Indian Standards (BIS) to identify the countries where the...

Rising utility rates strengthened the case for U.S. residential solar, while prepaid third-party ownership (TPO) financing improved affordability for price-sensitive customers after the federal residential solar tax credit expired at the end of 2025,...

The Green Energy Corridor Phase III (GEC III) program has the potential to create new opportunities for transmission equipment suppliers, EPC firms, battery storage providers, and grid technology companies as India develops infrastructure to...

Japan-based Sumitomo Corporation will invest in a 500 MW solar and wind project with a co-located 200 MWh battery energy storage system in Bidar, Karnataka, being developed by Hero Future Energies (HFE), the renewable energy arm of the Hero Group....

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has rejected MP Power Transmission Company’s (MPPTCL) petition seeking approval to bill transmission charges to renewable energy-based long-term open access (LTOA) and medium-term open...

Rezolv Energy, an Actis-backed independent renewable energy producer, has signed a financing package of up to €561 million ($637 million) for its 1.3 GW Dama Solar project in western Romania. The financing will support the project as it moves into...

Textile manufacturer Vardhman Textiles has signed agreements to procure 27 MW of power from Serentica Renewables’ wind and solar projects for its facilities in Himachal Pradesh. The power will be supplied from a 40 MW wind energy project in...