Archive

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ACME Solar Raises ₹28 Billion Via Qualified Institutional Placement

Gurgaon-based independent power producer ACME Solar Holdings has completed a ₹28 billion (~$293.47 million) qualified institutional placement (QIP), its first equity...

June 9, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Ministry of Defense Approves 250 MW Solar Plus Storage Project

India’s Ministry of Defense has approved a 250 MW solar power project with a battery energy storage system at Sitapur, Uttar Pradesh, on approximately 850 acres of...

June 9, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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CERC Allows Withdrawal of Grid Connectivity Request for 250 MW Hybrid Project

The Central Electricity Regulatory Commission (CERC) has directed the Central Transmission Utility of India (CTUIL) to process the application of a renewable energy...

June 9, 2026

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Arjun Joshi

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Grid

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Market & Policy
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POWERGRID Floats Tender for 400 kV GIS Substation in Tamil Nadu

Power Grid Corporation of India (POWERGRID) has invited bids to set up a 400 kV gas-insulated switchgear (GIS) substation in Tuticorin, Tamil Nadu, for the transmission...

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Dhanish Cotton Mills Installs Rooftop Solar to Cut Carbon Emissions

India’s textile industry has always been energy-intensive. But with rising power costs and growing pressure to reduce carbon emissions, textile manufacturers are...

June 9, 2026

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Rakesh Ranjan

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C&I

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Rooftop

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Solar
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esVolta Secures $450 Million Upsized Credit Facility for Energy Storage Portfolio

esVolta, a developer, owner, and operator of utility-scale battery energy storage projects, has expanded its corporate credit facility to up to $450 million to support...

June 9, 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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Suniva to Merge With SUNation Energy in Reverse Merger Deal

SUNation Energy, a provider of residential and commercial solar energy systems and battery storage solutions, has signed a definitive reverse merger agreement with...

June 9, 2026

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Renu

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Finance and M&A

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Solar
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Uttar Pradesh Approves Tariff for 5 MW Concentrated Solar Power Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved a power purchase agreement (PPA) entered into by a developer with Uttar Pradesh Power...

June 9, 2026

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Parth Shukla

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Markets & Policy

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Solar

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Technology
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InCharge Energy Raises $46 Million Led by S2G Investments

InCharge Energy, an EV charging and energy solutions provider, has announced a $46 million investment led by multi-asset investment firm S2G Investments, with...

June 9, 2026

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Dibin DB

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Finance and M&A

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Smart Grid
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Adani Energy Solutions to Acquire Smart Metering Company IntelliSmart

Adani Energy Solutions (AESL) has signed a binding securities purchase and subscription agreement to acquire 100% of the equity in smart metering company IntelliSmart...

June 9, 2026

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Melvin Mathew

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Finance and M&A

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Smart Grid
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Agra Hospital Eyes Lower Power Costs With 321.6 kW Rooftop Solar System

The Institute of Mental Health and Hospital in Uttar Pradesh’s Agra district has installed a 321.6 kW rooftop solar system with the potential to generate 469,536 units...

June 9, 2026

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Arjun Joshi

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C&I

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Solar
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MNRE Waives Factory Inspection for Higher-Wattage ALMM Solar Modules

The Ministry of New and Renewable Energy (MNRE) has waived the requirement for physical factory inspections for certain higher-wattage solar modules under the Approved...

June 9, 2026

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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ALMM List-II Relief Only for PM Surya Ghar Consumers Giving Up Subsidy

The Ministry of New and Renewable Energy (MNRE) has clarified that residential rooftop solar consumers availing net metering under the PM Surya Ghar: Muft Bijli Yojana...

June 9, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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Daily News Wrap-Up: Developers Flag Risks in GNA Milestone Extension Proposal

The Central Electricity Regulatory Commission’s (CERC) proposed framework for milestone extension charges could bring greater discipline to the General Network Access...

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C&I Solar Project Design Now Focusing More on Efficiency: Interview

The economics of commercial and industrial solar projects are being shaped by energy banking regulations that eliminate consumers’ flexibility to use banked energy...

June 9, 2026

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Arjun Joshi

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C&I

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Solar

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