Archive

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Telangana to Create Third DISCOM, Procure 3 GW of Solar

The Telangana Cabinet has given the go-ahead to create a third electricity distribution company (DISCOM). The new DISCOM will be responsible for the supply of power to...

November 27, 2025

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Melvin Mathew

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Grid

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Markets & Policy

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Solar

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T&D
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Candi Solar Raises $58.5 Million in IFC-Led Funding Round

Switzerland-headquartered solar solutions provider Candi Solar has secured $58.5 million in a funding round led by the global development institution, International...

November 27, 2025

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Parth Shukla

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Finance and M&A

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Solar
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EV Charging Platform BatteryPool Raises ₹80 Million in Pre-Series A Round

Pune-based battery-as-a-service company BatteryPool has raised ₹80 million (~$895,957) in a pre-series A round led by Inflection Point Ventures. Indian Angel Network,...

November 27, 2025

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Parth Shukla

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Energy Storage

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Finance and M&A
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Grasim to Procure Solar Power from GMR Energy’s 10 MW Project

Grasim Industries, an Aditya Birla Group company, will invest ₹36 million (~$403,320.60) to acquire a 29% equity stake in GMR Kalinga Solar Power, a special-purpose...

November 27, 2025

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Parth Shukla

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Finance and M&A

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Solar
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Waaree Group Secures 10 MWh BESS Order in Tamil Nadu

Waaree Group has announced that it has secured a 10 MWh order for battery energy storage systems (BESS) from an infrastructure development company for deployment in...

November 27, 2025

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Meghana Prasad

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Energy Storage

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Market & Policy
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Sterling and Wilson Wins EPC Contract for 240 MW Solar Project in South Africa

Sterling and Wilson Renewable Energy (SWREL) has announced it has won a turnkey engineering, procurement, and construction (EPC) contract for a 240 MW solar project in...

November 27, 2025

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Meghana Prasad

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Markets & Policy

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Solar
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Uttar Pradesh Jal Nigam Floats Tender for O&M of 1.5 MW Solar Project

Uttar Pradesh Jal Nigam (Urban) has issued a tender for the operation and maintenance (O&M) of a 1.492 MW grid-connected ground-mounted solar project at the Bharwara...

November 27, 2025

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Parth Shukla

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Renewable Energy

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Tenders and Auctions
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Adani Energy Bags Transmission Project to Evacuate 2.5 GW of Renewable Energy

Adani Energy Solutions (AESL) has received a letter of intent from PFC Consulting to establish a transmission system to evacuate 2.5 GW of energy from a potential...

November 27, 2025

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Arjun Joshi

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Grid

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Tenders & Auctions
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CESC Invites Bids to Develop 600 MW Wind-Solar Hybrid Projects

The Calcutta Electric Supply Corporation (CESC) has invited bids to develop 600 MW of interstate transmission system (ISTS)-connected wind-solar hybrid projects under a...

November 27, 2025

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Melvin Mathew

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Solar

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Tenders & Auctions
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Delhi Regulator Approves BSES Rajdhani’s Power Sale Agreement with SECI

The Delhi Electricity Regulatory Commission (DERC) has approved the power sale agreement (PSA) between BSES Rajdhani Power (BRPL) and Solar Energy Corporation of India...

November 27, 2025

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Meghana Prasad

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Energy Storage

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Markets & Policy

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Solar
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Solar Solutions Firm PosiGen Files for Bankruptcy, Citing US Tax Credit Cuts

U.S.-based solar solutions provider PosiGen has filed proceedings under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas. The company reported...

November 27, 2025

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Parth Shukla

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Markets & Policy

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Solar
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Cabinet Approves ₹72.8 Billion Rare Earth Permanent Magnets Manufacturing Program

The Union Cabinet has approved a program to promote the manufacturing of sintered rare earth permanent magnets (REPM) used in electric vehicles and renewable energy,...

November 27, 2025

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Arjun Joshi

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Other

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Renewable Energy
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Daily Wrap-Up: Supreme Court Tells MERC to Clear Pleas on Maharashtra MYT Order

The Supreme Court of India directed the Maharashtra Electricity Regulatory Commission (MERC) to review the petitions challenging the impugned multi-year tariff (MYT)...

November 27, 2025

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Mercom Staff

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Daily Wrap-up
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Banks Roll Out Low-Cost, Faster Green Loans to Drive C&I Solar Adoption

Lending institutions are reporting a sharp rise in demand for clean-energy financing from India’s commercial and industrial (C&I) sector, as companies ramp up...

November 27, 2025

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Meghana Prasad

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C&I

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Solar
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Q3 2025 Sees Cost Drop in Large-Scale Solar Systems Across Module Types

The average system cost of large-scale solar projects remained low in the third quarter of 2025, with cost reductions seen across all module technologies. Projects using...

November 27, 2025

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Shanthi G

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Markets & Policy

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Modules

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Solar

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