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Rigid Deviation Settlement Limits Could Result in Higher Renewable Tariffs

The recent Central Electricity Authority’s (CERC) proposal to tighten deviation limits for the scheduling and dispatch of power has raised concerns about higher project costs for renewable developers and potential increases in con...

November 5, 2025

Energy Storage

Energy Storage Attracts $2.8 Billion in Venture Capital in 9M 2025

Corporate funding for energy storage companies came in at $11.2 billion across 85 deals in the first nine months (9M) of 2025, down 36% year-over-year (YoY) from $17.6 billion across 83 deals, according to Mercom Capital Group’s 9...

November 4, 2025

Markets & Policy

No Blanket Cancellation of Renewable Projects with Unsigned PSAs: MNRE

The Ministry of New and Renewable Energy (MNRE) has clarified that there will be no blanket cancellation of projects awarded by renewable energy implementing agencies (REIAs) where power sale agreements (PSAs) remain unsigned. Ins...

November 4, 2025

Market & Policy

Government Asserts Proposed Reforms Will Cut Cost of Electricity Supply

The Ministry of Power has asserted that government-owned distribution companies (DISCOM) will continue to operate alongside private licensees in a regulated, level-playing environment, while referring to the Electricity (Amendment...

October 31, 2025

Latest News

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Singlet Fission Can Enhance Silicon Solar Cell Efficiency: Research

Researchers at the University of New South Wales (UNSW) Sydney claim they have increased the efficiency of solar technology by utilizing the concept of singlet fission, increasing the theoretical efficiency limit of silicon cells to approximately...

November 5, 2025

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Funding and M&A Roundup: SAX Power Raises $11.6 Million

From: Mercom Capital Group SAX Power, a manufacturer of energy storage systems, completed its third funding round, raising €10 million (~$11.6 million) from a consortium of international and regional investors. The round was led by Yotta Capital...

November 5, 2025

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Daily News Wrap-Up: Energy Storage Drew $2.8 Billion in VC Funding in 9M 2025

Corporate funding for energy storage companies came in at $11.2 billion across 85 deals in the first nine months (9M) of 2025, down 36% year-over-year (YoY) from $17.6 billion across 83 deals, according to Mercom Capital Group’s 9M and Q3 2025...

November 5, 2025

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Project Finance Brief: GoldenPeaks Secures $133 Million for Solar Portfolio

From: Mercom Capital Group GoldenPeaks Capital (GPC), an independent renewable energy power producer, closed a senior loan facility of €114 million (~$133 million) to finance the construction of two solar project portfolios located in Poland. PKO...

November 5, 2025

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Dharan Infra Bags Supply Contract for 75 MW Solar Projects in Maharashtra

Dharan Infra Solar, a wholly owned subsidiary of engineering, procurement, and construction company Dharan Infra-EPC, has executed a supply agreement with Skymax Infrapower, an infrastructure company, for 75 MW of solar projects spread across nine...

November 5, 2025

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

The Central Electricity Regulatory Commission (CERC) proposed that designated entities, including electricity distribution licensees, open access consumers, and captive consumers, can fulfill their renewable consumption obligation (RCO) by paying...

November 4, 2025

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Net Billing and Net Metering Tariffs for Rooftop Solar Increased in Jodhpur

The Jaipur and Jodhpur Vidyut Vitran Nigam (JVNNL) have increased the tariff payable to residential consumers with rooftop solar systems under a net metering arrangement to ₹3.26 (~$0.036)/kWh. The tariff has been increased by 20% from ₹2.71(~$0....

November 4, 2025

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Renewables Expansion Pushes ACME Solar’s Q2 FY26 Revenue 104% YoY

Gurgaon-based independent power producer ACME Solar Holdings has posted a revenue of ₹6.01 billion (~$67.81 million) in the second quarter (Q2) of the financial year (FY) 2026, a 103.8% increase year-over-year (YoY) from ₹2.95 billion (~$33.28...

November 4, 2025

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