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ACME Cleantech Wins SECI’s 20,000 TPA Green Ammonia Auction

ACME Cleantech Solutions has won Solar Energy Corporation of India’s (SECI) auction to supply 20,000 tons per annum (TPA) of green ammonia under the Strategic Interventions for Green Hydrogen Transition (SIGHT) program (Mode-2A-Tr...

August 26, 2025

Mercom Research Focus

Solar Installations in India Jumped 31% YoY in 1H 2025

India added solar projects totaling 18 GW in the first half (1H) of 2025, a 31% year-over-year (YoY) increase from the same period last year, according to Mercom India Research’s newly released Q2 2025 India Solar Market Update. I...

August 26, 2025

Mercom Research Focus

Faulty Installation of TOPCon Bifacial Modules Raises Fire Risk on Metal Roofs

The increasing demand for TOPCon bifacial solar modules has raised concerns among industry professionals about their potential for unsafe installation, particularly on sheet metal roofs. TOPCon bifacial modules, which are primaril...

August 22, 2025

Mercom Research Focus

India’s Wind Energy Installations Surge 113% in Q2 2025

India added 1.6 GW of wind energy capacity in the second quarter (Q2) of 2025, a 113% year-over-year (YoY) increase from 769 MW in Q2 2024, according to Mercom India Research. Capacity additions fell 13% quarter-over-quarter (QoQ)...

August 22, 2025

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Rajasthan Regulator Approves Five-Year PPA Extension for 3.75 MW Wind Projects

The Rajasthan Electricity Regulatory Commission (RERC) has approved Rajasthan Urja Vikas and IT Services’ (RUVITL) request to extend its power purchase agreements (PPAs) for 2.5 MW and 1.25 MW wind projects in the state’s Jaisalmer district for five...

August 26, 2025

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Jakson to Invest ₹80 Billion in 6 GW Integrated Solar Manufacturing Facility

Delhi-based Jakson Engineers, a subsidiary of Jakson Group, has announced an investment of over ₹80 billion (~$930.23 million) to establish a 6 GW integrated solar manufacturing facility at Maksi Phase II in Madhya Pradesh. The project, spread...

August 26, 2025

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REC Silicon’s Q2 Revenue Dips on Lower Sales and Maintenance Outages

REC Silicon, a Norway-based silicon material manufacturing company, reported a revenue of $19.9 million for the second quarter (Q2) of 2025, an 83% year-over-year (YoY) decline from $36.4 million. The revenue decrease was attributed to reduced...

August 26, 2025

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Rotomag Acquires 51% Stake in Power Converter Manufacturer Statcon

Power converter manufacturer Statcon Energiaa has secured an investment from Rotomag Enertec, providing the latter with a 50.99% stake in the company. The two companies aim to develop and deploy MW-scale battery energy storage systems (BESS), among...

August 26, 2025

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Supreme Court Upholds CESC’s Right to Encash Solar Developer’s Bank Guarantee

The Supreme Court of India held that Chamundeshwari Electricity Supply Company’s (CESC) decision to encash the performance bank guarantee furnished by Saisudhir Energy was fully valid under the power purchase agreement (PPA). The decision, which...

August 26, 2025

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Daily News Wrap-Up: SECI Reveals 100,000 TPA Green Ammonia Auction Winners

ACME Cleantech Solutions won Solar Energy Corporation of India’s (SECI) auction to supply 100,000 tons per annum (TPA) of green ammonia under the Strategic Interventions for Green Hydrogen Transition (SIGHT) program (Mode-2A-Tranche-I). ACME quoted...

August 26, 2025

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Maharashtra Invites Bids for 1.6 GW Solar Projects Under MSKVY

Maharashtra State Electricity Board Solar Agro Power (MSAPL), a subsidiary of MSEB Holding Company, has invited bids to procure 1.6 GW of decentralized ground-mounted solar projects under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0)....

August 26, 2025

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Higher Sales Drive Hydrogen Fuel Cell Company Plug Power’s Revenue Up 21%

Hydrogen fuel cell solutions provider Plug Power reported a revenue of $174 million in the second quarter (Q2) of 2025, a 21% year-over-year (YoY) increase from $143 million and surpassing analysts’ expectations by $15.98 million. The revenue growth...

August 26, 2025

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