Archive

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IEX Electricity Volume Rises 19% YoY to 12,983 MU in May

The Indian Energy Exchange (IEX) traded 12,983 million units (MU) of electricity in May 2026, an 18.6% year-over-year (YoY) increase. According to government data,...

June 3, 2026

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Arjun Joshi

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Other

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Renewable Energy
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Tamil Nadu Issues Draft Renewable Energy Tariff Norms Until FY 2032

The Tamil Nadu Electricity Regulatory Commission (TNERC) has released draft regulations to determine tariffs for renewable energy and non-conventional energy projects...

June 3, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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CleanMax to Supply Power to Gujarat Alkalies from 160 MW Wind-Solar Hybrid Project

Mumbai-headquartered Clean Max Enviro Energy Solutions (CleanMax) has partnered with chemical manufacturer Gujarat Alkalies and Chemicals to supply hybrid renewable...

June 3, 2026

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Parth Shukla

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C&I

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Solar

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Wind
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SECI Yet to Find Offtakers for 9.7 GW Renewable Energy Capacity

The Solar Energy Corporation of India (SECI), the sole renewable energy implementing agency, has 9,675 MW of unsold renewable energy capacity under several auctions,...

June 3, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy
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SEG Solar to Set Up 4.6 GW Solar Module Manufacturing Plant in Texas

U.S.-based SEG Solar has announced plans to set up a 4.6 GW solar module manufacturing facility in the Greater Houston area of Texas, its third such production site in...

June 3, 2026

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Parth Shukla

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Manufacturing

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Modules

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Solar
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Aukera Energy Secures $106 Million Debt for Battery Storage Project in Belgium

Aukera Energy, a renewable energy and battery storage developer, has reached financial close of €97.5 million (~$106 million) on Project Volt, a 170 MW/340 MWh battery...

June 3, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Svea Solar Utility Secures $216 Million for Solar and Storage Projects

Svea Solar Utility, an independent renewable power producer, has secured a holding company (HoldCo) financing facility of up to €185 million (~$216 million) from Eiffel...

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CERC Annuls Erroneous Transmission Charges for Wind-Solar Project

The Central Electricity Regulatory Commission (CERC) has quashed transmission charge invoices of ₹21.97 million (~$229,483) raised by the Central Transmission Utility of...

June 3, 2026

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Parth Shukla

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Markets & Policy

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Solar

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Wind
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India Extends Countervailing Duty on Malaysian Solar Glass for Five Years

The Ministry of Finance has extended the countervailing duty on imports of textured tempered glass originating in or exported from Malaysia, a product widely used in the...

June 3, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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POWERGRID Tenders 3 GWh Battery Storage Projects in West Bengal

Power Grid Corporation of India (POWERGRID) has invited bids to set up five standalone battery energy storage systems with a cumulative capacity of 750 MW/3,000 MWh...

June 3, 2026

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Meghana Prasad

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Energy Storage

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Tenders & Auctions
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Bridge Green Inaugurates 7,200 MTPA Li-ion Battery Recycling Facility

Bridge Green Upcycle, a clean technology company with operations in India and the U.S., inaugurated its 7,200 metric tons per annum (MTPA) circularity center in...

June 3, 2026

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Parth Shukla

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Energy Storage

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Manufacturing
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MNRE Asks Solar Cell, Module Manufacturers to Submit Monthly Price Data

The Ministry of New and Renewable Energy (MNRE) has asked all manufacturers on the Approved List of Models and Manufacturers (ALMM) to submit monthly price ranges for...

June 3, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Daily News Wrap-Up: MNRE’s ALMM-II Deadline Worries Developers, EPC Players

The Ministry of New and Renewable Energy’s (MNRE) decision not to grant a blanket extension of the Approved List of Models and Manufacturers (ALMM) List-II deadline...

June 3, 2026

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Melvin Mathew

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Daily Wrap-up
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MIT Researchers Develop Low-Cost Process to Extract Lithium from Hard Rock

Massachusetts Institute of Technology (MIT) researchers have developed a low-temperature process to extract battery-grade lithium from spodumene, the most common...

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Q1 2026 Sees Broad Cost Increases for Solar Projects Using Chinese Modules

The average system cost of large-scale solar projects showed mixed trends across module technologies during Q1 2026, with Chinese module-based projects recording cost...

June 3, 2026

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Ajayan J S

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Mercom Research Focus

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Modules

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Solar

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