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Solar91, Srinivasa Constructions Among Winners of HESCOM’s 95 MW Solar Auction

Seven companies have won Hubballi Electricity Supply Company’s (HESCOM) auction to commission 13 solar power projects totaling 95 MW in Karnataka under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan ...

January 16, 2026

Mercom Research Focus

Farmers in Maharashtra and Rajasthan Turn to Robotic Cleaning to Improve Solar Output

The rapid rollout of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program is gradually transforming India’s rural solar landscape by enabling decentralized, feeder-level solar power projects for agricu...

January 14, 2026

Mercom Research Focus

Is Aggressive Bidding Distorting the Economics of Energy Storage Projects in India?

Only 50% of the standalone battery energy storage system (BESS) projects evaluated in a new industry survey showed positive project economics and economic viability under modeled assumptions, highlighting the continuing cost chall...

January 13, 2026

Markets & Policy

Pace Digitek Bags EPC Contract for Bondada’s 300 MW Solar Project

Pace Digitek has secured an engineering, procurement, and construction (EPC) order valued at ₹3.76 billion (~$45.3 million) from Bondada Engineering, to provide balance-of-system works for its 300 MW solar project. The company’s s...

January 16, 2026

Latest News

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POWERGRID Commissions ISTS Project to Evacuate 8.1 GW of Solar Power from Rajasthan

Power Grid Corporation of India’s (POWERGRID) wholly owned subsidiary, POWERGRID Bhadla Sikar Transmission, has successfully commissioned an inter-state transmission system (ISTS) in Rajasthan to evacuate 8.1 GW of power from Solar Energy Zones...

January 20, 2026

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Bokaro Power Issues O&M Tender for 2 MW Rooftop Solar Projects

Bokaro Power Supply Company (BPSCL) has invited bids for the operation and maintenance (O&M) of 2 MW of rooftop solar projects across various buildings inside and outside the Bokaro Steel Plant in Jharkhand. The last date to submit bids is...

January 20, 2026

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Daily News Wrap-Up: CERC Grants Relief to 300 MW Solar Project Due to GST Hike

The Central Electricity Regulatory Commission (CERC) ruled that the Goods and Services Tax (GST) rate increase notified on 30 September 2021 qualifies as a ‘Change in Law’ event under the Power Purchase Agreement dated August 20, 2021, between Thar...

January 20, 2026

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Global Battery Demand Soars, but Margins Tighten on Overcapacity

The global lithium-ion (Li-ion) battery industry is at an inflection point characterized by rapid demand growth, falling prices, technological advancements, and intensifying global competition, according to a report published by McKinsey &...

January 20, 2026

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US Patent Board Invalidates Maxeon’s TOPCon Patent Claims Against Canadian Solar

The Patent Trial and Appeal Board  of the U.S. Patent and Trademark Office has determined that the claims of patent infringement by Singapore-based solar solutions provider Maxeon Solar Technologies against renewable energy solutions company...

January 20, 2026

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ACME Solar Commissions 12 MW Wind Power Capacity in Gujarat

Gurgaon-based independent power producer ACME Solar Holdings has commissioned an additional 12 MW of wind power capacity at its wind project located in the Surendranagar district of Gujarat, taking the project’s total operational capacity to 68 MW...

January 19, 2026

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LNK Energy to Set Up 6 GW Integrated Ingot to Solar Module Manufacturing Facility

LNK Energy has launched an integrated clean energy platform, with a planned investment of ₹100 billion (~$1.1 billion) over five years. LNK Energy’s areas of operation include advanced manufacturing, green fuels, and renewable energy...

January 19, 2026

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Dalmia Sells its Stake in O2 Power’s Wind Energy SPV for ₹108.2 Million

Dalmia Cement (Bharat), a wholly owned subsidiary of Dalmia Cement Bharat, has sold its entire 25.44% stake in renewable energy solutions provider O2 Power’s special purpose vehicle (SPV) O2 Renewable Energy V (OREV) for ₹108.2 million (~$1.2...

January 19, 2026

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SECI Invites Bids to Install 5.67 MW Rooftop Solar Projects on Government Buildings

The Solar Energy Corporation of India (SECI) has invited bids to install 5,665 kW rooftop solar projects under the renewable energy service company (RESCO) model on 14 government buildings (Tranche-VIII). The last date to submit bids is February 17,...

January 19, 2026

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IREDA Subsidiary Approves First Overseas Solar Project Loan

IREDA Global Green Energy Finance IFSC (IGGEFIL), a wholly owned subsidiary of the government-owned lender, Indian Renewable Energy Development Agency (IREDA), has approved its first international green energy loan, marking the formal start of its...

January 19, 2026

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