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Solar91, Nithin Sai, Ravindra Energy Among Winners of HESCOM’s 483 MW Solar Auction

Thirty companies have won Hubballi Electricity Supply Company’s (HESCOM) auction to commission 80 solar power projects totaling 423.7 MW, along with their associated 11 kV lines and remote monitoring systems under the RESCO ...

January 13, 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

MNRE Extends Timelines for Renewable Energy Projects Hit by GIB Case

In a major relief for the renewable energy sector, the Ministry of New and Renewable Energy (MNRE) has approved time extensions for projects delayed due to the prolonged case in the Supreme Court over power transmission lines in t...

January 13, 2026

Markets & Policy

Rajasthan Renewable Curtailment Continues as Grid Constraints Limit Evacuation

Renewable energy generation in Rajasthan continues to experience large-scale curtailment, despite new transmission projects coming online. The 765 kV Khetri–Narela interstate transmission line, recently commissioned, was expected ...

January 13, 2026

Latest News

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Project Finance Brief: Treaty Oak Secures Financing for 385 MW Solar Projects

From: Mercom Capital Group Treaty Oak Clean Energy, an independent renewable energy power producer, announced financial closure and commenced construction on two solar projects in Louisiana, the Beekman Solar Project in Morehouse Parish and the...

January 14, 2026

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Researchers Develop Battery for Efficient Heat Storage from Heat Pumps

Researchers at Norway-based research institute SINTEF and the Swiss heat storage solutions company COWA Thermal Solutions have developed a new battery system for storing heat from heat pumps. Heat pumps extract energy from their surroundings and...

January 14, 2026

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Huawei, Sungrow Lead WoodMac’s Global Solar Inverter H1 2025 Rankings

Huawei and Sungrow emerged as the world’s top two solar inverter manufacturers in the first half (H1) of 2025, according to Wood Mackenzie’s Global Solar Inverter Manufacturer Rankings H1 2025 report. Huawei ranked first with a score of 93.9 out of...

January 14, 2026

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Punjab Invites Bids for 250 MW/500 MWh Standalone BESS

The Punjab State Power Corporation (PSPCL) has issued a request for selection to set up 250 MW/500 MWh standalone battery energy storage systems (BESS) in Bhatinda, Punjab. The BESS projects are eligible for viability gap funding of ₹1.8 million...

January 14, 2026

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Higher Loan Disbursements Take IREDA’s Revenue Up 25% in Q3 FY 2026

Government-owned lender Indian Renewable Energy Development Agency (IREDA) reported revenue from operations of ₹21.3 billion (~$236.2 million) in the third quarter (Q3) of the financial year (FY) 2026, a 25% year-over-year (YoY) rise from ₹16.98...

January 13, 2026

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Uttar Pradesh Commission Approves Procurement of 1.2 GW of Renewable Power

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the procurement of 1.2 GW of firm and dispatchable renewable power by Uttar Pradesh Power Corporation (UPPCL) through a long-term power sale agreement (PSA) with SJVN. The...

January 13, 2026

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Rajasthan Regulator Adopts Tariff for RVUNL’s 1 GW/2 GWh BESS Projects

The Rajasthan Electricity Regulatory Commission (RERC) has approved the tariff discovered through competitive bidding for setting up 1,000 MW/2,000 MWh of standalone battery energy storage systems (BESS). The approved tariffs range between ₹177,500...

January 13, 2026

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NLC India Approves Plan to List Renewable Energy Subsidiary NIRL

NLC India has approved the listing of its wholly-owned subsidiary, NLC India Renewables (NIRL), on the stock exchanges through the sale of up to 25% of its equity. The NLC board’s in-principle approval of the listing proposal will be communicated to...

January 13, 2026

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Himachal Pradesh to Install Rooftop Solar Systems at Health Institutions

The Himachal Pradesh government has decided to install rooftop solar systems on buildings at all state health institutions as part of a broader renewable energy push. The rooftop solar systems will be installed in phases to promote green energy and...

January 13, 2026

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