Archive

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Evolve Green Secures ₹1 Billion Debt from Aseem Infra for Solar Expansion

Solar solutions company Evolve Green Energies has secured a debt capital commitment of ₹1.05 billion (~$11 million) from Aseem Infrastructure Finance to fund the...

May 28, 2026

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Parth Shukla

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Finance and M&A

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Rooftop

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Solar
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Germany Floats Tender for 2.13 GW Solar Projects

Germany’s Federal Network Agency (Bundesnetzagentur) has invited bids for 2,134.57 MW of ground-mounted solar projects. The last date to submit bids is July 1, 2026. The...

May 28, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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India’s Rooftop Solar Installations Surge by 125% YoY in Q1 2026

India added 2.7 GW of rooftop solar capacity in the first quarter (Q1) of 2026, a year-over-year (YoY) growth of 125.4% from 1.2 GW and a 25.4% quarter-over-quarter...

May 28, 2026

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Melvin Mathew

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Mercom Research Focus

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Rooftop

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Solar
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JSW Energy Raises ₹40 Billion Through Qualified Institutional Placement

Independent power producer JSW Energy has raised ₹39.99 billion (~$417 million) through a qualified institutional placement (QIP) of equity shares. The transaction...

May 28, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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US Commissioned Over 70 New Clean Energy Manufacturing Facilities in 2025: Report

The U.S. brought online over 70 new domestic clean energy component manufacturing facilities in 2025, according to a report by the American Clean Power. Source:...

May 28, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy
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TNERC Clears Subsidy for Tamil Nadu’s Free Power Program

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved a provisional additional tariff subsidy of ₹15.45 billion (~$161.3 million) for FY 2026-27 to...

May 28, 2026

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Arjun Joshi

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Grid

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Market & Policy
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Daily News Wrap-Up: New Banking Rules May Hit Maharashtra’s Open Access Solar

Maharashtra’s revised Multi-Year Tariff (MYT) order has reset the rules for commercial and industrial solar in the Maharashtra State Electricity Distribution Company...

May 28, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Kyivstar Acquires 105 MW Solar Project Portfolio in Ukraine

Kyivstar Group, a subsidiary of digital operator VEON, has acquired six solar power projects totaling 105 MW in Ukraine’s Lviv region for $80.8 million. The acquisition...

May 28, 2026

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Renu

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Finance and M&A

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Solar
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Bankinter and Plenium Secure $617 Million for 130 MW Solar Portfolio

Bankinter Investment and Plenium Partners have secured €530 million (~$617 million) in financing for a 130 MW solar portfolio owned by Helia Renovables IV. Helia...

May 27, 2026

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Dibin DB

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Finance and M&A

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Solar
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KEC Secures ₹13 Billion Orders Across Wind, Transmission Projects

Mumbai-based engineering, procurement, and construction (EPC) company, KEC International, secured multiple orders totaling ₹13.03 billion (~$136.15 million) across...

May 27, 2026

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Melvin Mathew

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T&D

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Wind
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Central Regulator Allows IEX to Revise Green Contracts Under RCO Framework

The Central Electricity Regulatory Commission (CERC) has approved Indian Energy Exchange’s (IEX) proposal to revise its green contracts to align with the Ministry of...

May 27, 2026

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Parth Shukla

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Grid

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Market & Policy
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APTEL Refuses to Stay Karnataka Regulator’s Orders Condoning Solar Project Delays

The Appellate Tribunal for Electricity (APTEL) has rejected two interim applications filed by Bangalore Electricity Supply Company (BESCOM) seeking a stay of the...

May 27, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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CERC Drafts New Deviation Settlement Rules for Hybrid Power, Storage Projects

The Central Electricity Regulatory Commission (CERC) has proposed changes to the framework governing deviation settlement, infirm power injection, and payment timelines....

May 27, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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CleanMax Secures $575 Million for 1 GW Solar, Wind Projects

Mumbai-headquartered renewable energy solutions provider Clean Max Enviro Energy Solutions (CleanMax) announced that it secured nearly $575 million to expand its solar...

May 27, 2026

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Meghana Prasad

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Markets & Policy

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Solar

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Wind
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Solarworld’s Q4 Revenue Doubles as its Solar and BESS Manufacturing Scales

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions reported consolidated revenue from operations of ₹5.92 billion (~$61.94 million) in the fourth...

May 27, 2026

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Arjun Joshi

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Finance and M&A

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Other

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