Archive

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RERC Denies Load Factor Rebate for Cement Company’s Captive Solar Project

The Rajasthan Electricity Regulatory Commission (RERC) has rejected a petition filed by Shree Cement seeking the grant of a load factor rebate by Jaipur Vidyut Vitran...

January 7, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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Bihar Commissions First Phase of 301 MW/495 MWh Solar-Plus-BESS Project

Bihar State Power Generation Company (BSPGCL) has commissioned the first phase of the 301 MW/495 MWh solar-plus-battery project in Kajra, Lakhisarai district, Bihar. The...

January 7, 2026

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Melvin Mathew

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Energy Storage

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Solar
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FCI Aravali Gypsum Tenders 2.52 MW of Solar Projects

FCI Aravali Gypsum and Minerals India (FAGMIL), a government of India enterprise, has invited bids for the supply, commissioning, and operation of 2.52 MW ground-mounted...

January 7, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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EIE Renewables Wins WBSEDCL’s 10 MW Rooftop Solar Auction

EIE Renewables has won the West Bengal State Electricity Distribution Company’s (WBSEDCL) auction to install 10 MW of grid-connected rooftop solar systems. The tender...

January 7, 2026

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Arjun Joshi

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Rooftop

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Solar

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Tenders & Auctions
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Inox Clean Secures ₹31 Billion Equity to Scale IPP and Solar Manufacturing

Inox Clean Energy, the renewable arm of the INOXGFL Group, along with its subsidiary, Inox Solar, has raised equity totaling ₹31 billion (~$342.83 million), valuing the...

January 7, 2026

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Rakesh Ranjan

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Manufacturing

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Solar
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Electric Vehicle Sales Clock 16% Yearly Growth in 2025, Reach 2.3 Million Units

Electric vehicle (EV) sales in India reached a record 2.27 million units in 2025, an over 16% year-over-year increase from 1.95 million units sold in 2025. EVs accounted...

January 7, 2026

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Arjun Joshi

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Electric Vehicles

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Grid
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Blueleaf Wins 100 MW/400 MWh Battery Energy Storage Project in Malaysia

Singapore-based Blueleaf Energy, owned by the Macquarie Asset Management Fund, in partnership with Universal Peak, has been selected by Malaysia’s Energy...

January 7, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Uttarakhand Regulator Asks UPCL to Set Solar, Non-Solar Hours for Tariffs

The Uttarakhand Electricity Regulatory Commission (UERC) has decided to retain the existing time-of-day (ToD) tariff structure and defer any immediate changes to peak...

January 7, 2026

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Meghana Prasad

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Markets & Policy

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Solar
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Funding and M&A Roundup: Okovate Acquires Assets of Fundusol

From: Mercom Capital Group Okovate Sustainable Energy, an agrivoltaic project developer, has announced the acquisition of assets from Fundusol, a modeling platform born...

January 7, 2026

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Staff

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Finance and M&A

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Other
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Project Finance Brief: Serengeti Energy Secures $26 Million Financing for the Ilute Solar Project

From: Mercom Capital Group Serengeti Energy, an independent renewable power producer, closed $26 million in project financing from a syndicate of lenders for the...

January 7, 2026

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: High Land Lease Costs Affect Maharashtra KUSUM Projects

The rapid increase in solar installations under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) in Maharashtra is leading to developers facing...

January 7, 2026

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Mercom Staff

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Daily Wrap-up
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Grid India Proposes Automatic Generation Control for Renewable Energy Projects

The Grid Controller of India (Grid-India) has proposed extending automatic generation control (AGC) to large-scale renewable energy projects above 100 MW, battery energy...

January 7, 2026

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Melvin Mathew

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Demand Response

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Grid

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Market & Policy
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European Union’s CBAM Puts a Carbon Cost On India’s Exports

The European Union (EU) has begun implementing the definitive phase of its Carbon Border Adjustment Mechanism (CBAM), a policy that will attach a carbon-linked cost to...

January 7, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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IEX’s Traded Electricity Volume Up 12% in Q3 FY 2026

The Indian Energy Exchange (IEX) has traded a monthly electricity volume of 34.08 billion units (BU) during the third quarter (Q3) of the financial year (FY) 2026, an 11....

January 7, 2026

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Parth Shukla

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Other

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Renewable Energy
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Bondada Engineering Commissions 120 MW of Solar Projects

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction (EPC) company, commissioned 120.46 MW of solar projects in December 2025 for Paradigm...

January 6, 2026

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Rakesh Ranjan

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Other

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Solar

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