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Virtual PPA Framework a Good First Step, But Regulatory Backing is Essential

Virtual power purchase agreements (VPPAs), a financial tool for energy-intensive industries seeking to meet their renewable energy obligations, have not gained momentum in India despite their seemingly promising nature. The Centra...

June 27, 2025

Grid

No ISTS Charges Waiver for Solar, Wind Projects Commissioned after June 2028

The Central Electricity Regulatory Commission (CERC) has issued a time frame for waiving interstate transmission (ISTS) charges for renewable energy, energy storage projects, green hydrogen, and green ammonia. Renewable energy gen...

June 27, 2025

Mercom Research Focus

Maharashtra, Tamil Nadu, and Karnataka Lead Q1 Solar Open Access Installations

India added 1.1 GW of solar open access capacity in the first quarter (Q1) of 2025, down nearly 48% from 2.1 GW in Q4 2024. Installations were down 47% year-over-year (YoY) from over 2 GW, according to the Q1 2025 Mercom India Sol...

June 27, 2025

Other

Mercom Renewables Summit Returns for its Fifth Edition in July 2025

Mercom India’s fifth edition of its flagship event, the Mercom India Renewables Summit, will be held on July 24 and 25, 2025, at the Hyatt Regency in New Delhi. Recognized as a cornerstone of India’s renewable energy calendar, the...

June 30, 2025

Latest News

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Juniper Green Files Draft Papers with SEBI for ₹30 Billion IPO

Independent renewable energy producer Juniper Green Energy has filed its draft red herring prospectus (DRHP) to raise over ₹30 billion (~$349 million) through an initial public offering (IPO) with market regulator Securities and Exchange Board of...

June 30, 2025

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Waaree Solar Secures 540 MW Solar Module Order from US Developer

Waaree Solar Americas, a wholly owned subsidiary of Waaree Energies, has received an order for the supply of 540 MW of solar modules from a U.S.-based developer of utility-scale solar and energy storage projects. Of the total 540 MW, 270 MW will be...

June 30, 2025

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MNRE Introduces IoT-Based Monitoring of Data Under Biomass Energy Program

The Ministry of New and Renewable Energy (MNRE) has revised the guidelines for the National Biomass Program for the financial years (FY) 2022 to 2027 (Phase-I). These amendments aim to promote cleaner energy solutions, ease of doing business, and...

June 30, 2025

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Gujarat Regulator Grants 343-Day Extension for 70 MW Wind-Solar Project

The Gujarat Electricity Regulatory Commission (GERC) has granted a 343-day extension for a 70 MW wind-solar hybrid project to establish its evacuation infrastructure, including the 66 kV transmission line, associated bays, and metering systems. The...

June 30, 2025

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INOX Acquires Skypower Solar India’s 50 MW Solar Project in Madhya Pradesh

INOXGFL Group’s subsidiary Inox Neo Energies has completed the acquisition of Skypower Solar India, which operates a 50 MW solar power project in Madhya Pradesh. Skypower Solar India has an enterprise value of approximately ₹2.65 billion (~$30.97...

June 30, 2025

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MENA Weekly Roundup: Egypt Launches $200 Million Solar Components Plant

Egypt’s Suez Canal Economic Zone and Chinese firm Sunrev Solar commenced construction of an integrated solar energy components industrial complex in Ain Sokhna. Spanning 200,000 sq m and backed by a $200 million investment, the project will be...

June 30, 2025

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Daily News Wrap-Up: Virtual PPA Framework in India Needs Regulatory Backing

Virtual power purchase agreements (VPPAs), a financial tool for energy-intensive industries seeking to meet their renewable energy obligations, have not gained momentum in India despite their seemingly promising nature. The Central Electricity...

June 30, 2025

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Government Plans India Energy Stack to Digitalize Power Sector

The Ministry of Power has announced the launch of a task force to establish the India Energy Stack (IES), an initiative aimed at creating a unified, secure, and interoperable digital infrastructure for the country’s energy sector. The task force,...

June 30, 2025

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Premier Energies Commissions 1.2 GW TOPCon Cell Manufacturing Line

Integrated solar cell and module manufacturing company Premier Energies has commissioned a new 1.2 GW tunnel oxide passivated contact (TOPCon) solar cell manufacturing line in Hyderabad, Telangana. TOCon technology involves an ultra-thin tunnel...

June 27, 2025

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