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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

Markets & Policy

Tripura Regulator Amends Rooftop Solar Rules, Caps Net Energy Credits

The Tripura Electricity Regulatory Commission (TERC) has capped the net energy credits at a maximum of 3.8 units per kW per day for solar systems installed by domestic, irrigation, and water works consumers. The Commission has rel...

November 5, 2025

Latest News

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Module Sales Surge Sends Websol’s Revenue Up 17% YoY in Q2 FY26

Solar cell and module manufacturer Websol Energy System has reported a 17% increase in revenue to ₹1.68 billion (~$18.9 million) in the second quarter (Q2) of the financial year (FY) 2026, from ₹1.44 billion (~$16 million) in the same quarter of the...

November 5, 2025

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POWERGRID Board Approves Raising up to ₹60 Billion Loan from SBI

The Government-owned transmission utility, Power Grid Corporation of India’s (POWERGRID) Board has approved raising funds of up to ₹60 billion (~$676.05 million) through an unsecured rupee term loan or a line of credit from the State Bank of India...

November 5, 2025

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Suzlon Posts 538% YoY Profit Surge in Q2 FY26, Wind Turbine Sales Up 115%

Wind turbine manufacturer Suzlon Energy recorded a 538% year-over-year (YoY) increase in profit after tax (PAT) of ₹12.79 billion (~$144 million) in the second quarter (Q2) of the financial year (FY) 2026, increasing from ₹2.01 billion (~$22.6...

November 5, 2025

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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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