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Maharashtra’s Energy Banking Rules Could Limit Solar Capacity Additions

Solar project developers fear a significant drop in capacity additions among Maharashtra’s prosumers because of the Maharashtra Electricity Regulatory Commission’s (MERC) proposal to impose energy banking restrictions. The MERC ta...

July 15, 2025

Other

Components Manufacturing Key to Renewable Energy Sector Growth

As India accelerates the integration of renewable energy, the focus is shifting beyond solar module manufacturing to encompass a broader range of components critical for the sector’s long-term sustainability. The country needs to ...

July 16, 2025

Finance and M&A

Government Allows NTPC, NLC to Invest ₹270 Billion in Green Energy Arms

In a major push for clean energy, the government has allowed two central public sector enterprises to invest up to ₹270 billion (~$3.14 billion) in their renewable energy subsidiaries. The decision by the Cabinet Committee on Econ...

July 17, 2025

Market & Policy

Electricity Derivatives: A Gamechanger for Indian Power Market Stakeholders

The recent launch of electricity derivatives by the Multi Commodity Exchange of India (MCX) and the National Stock Exchange (NSE) is a long-awaited reform, with a history spanning over 15 years. In 2010, an attempt to launch elect...

July 16, 2025

Latest News

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Inox Wind to Raise ₹12.5 Billion Through Rights Issues of Shares

Noida-based wind energy solutions company Inox Wind’s board of directors has approved raising ₹12.5 billion (~$145.16 million) through the issuance of equity shares worth ₹10 (~$0.12) per share to its existing shareholders. The timing and other...

July 17, 2025

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Germany Awards 255 MW Solar Projects on Buildings and Noise Barriers

Germany’s Federal Network Agency (Bundesnetzagentur) has awarded 255 MW of solar projects on buildings and noise barriers in its latest tender round. Out of the 127 bids received for a total capacity of 274 MW in response to the tendered capacity of...

July 17, 2025

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Delhi Raises Residential Rooftop Solar Subsidy to ₹10,000/kW

The Delhi Government has notified the first amendment to the Delhi Solar Energy Policy 2023, increasing the state capital subsidy for residential rooftop solar systems. The revised subsidy now stands at ₹10,000 (~$116.28)/kW, capped at ₹30,000...

July 17, 2025

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Nearly 8 GW of Renewable Power from SECI Remains Unsold Due to Lack of Offtakers

Nearly 8 GW of renewable energy capacity comprising solar, wind-solar hybrid, solar with battery energy storage systems (BESS), round-the-clock (RTC), and firm and dispatchable renewable energy (FDRE) is stranded for want of offtakers, according to...

July 17, 2025

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Germany Installs 3 GW Solar Capacity in Q2 2025, Down 12% YoY

Germany added 3 GW of solar capacity in the second quarter (Q2) of 2025, a 12% year-over-year (YoY) drop from 3.4 GW, according to data from the Federal Network Agency (Bundesnetzagentur). Mercom reported that Germany installed 3.8 GW of solar power...

July 17, 2025

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Daily News Wrap-Up: MoP Launches Energy Efficiency Program for MSMEs

The Ministry of Power launched a new program, Assistance in Deploying Energy-Efficient Technologies in Industries and Establishments (ADEETIE), aimed at enhancing energy efficiency in micro, small, and medium enterprises. The Bureau of Energy...

July 17, 2025

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India’s Solar Manufacturing Landscape: Opportunities and Challenges

As India works toward its goal of generating 50% of its electricity from renewable sources and achieving 500 GW of non-fossil fuel capacity by 2030, the focus is shifting increasingly to domestic solar manufacturing. Developing a robust,...

July 17, 2025

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August Energy Secures $15 Million to Expand India Renewables Portfolio

Switzerland-based impact asset manager responsAbility will invest $15 million (~₹1.28 billion) in Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform, August Energy, on behalf of its investors. The funding will support August...

July 16, 2025

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Power Ministry Launches Program to Boost Energy Efficiency in MSME Sector

The Ministry of Power (MoP) has launched a new program, Assistance in Deploying Energy-Efficient Technologies in Industries & Establishments (ADEETIE), aimed at enhancing energy efficiency in micro, small, and medium enterprises (MSMEs). The...

July 16, 2025

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