Archive

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ILJIN Electronics to Raise ₹2.96 Billion from Amber Group Through Rights Issue

Greater Noida-headquartered energy storage solutions provider ILJIN Electronics plans to raise ₹2.96 billion (~$31.79 million) from its parent company, Amber Group,...

March 20, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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PFC to Raise ₹1.6 Trillion from Indian and Global Markets

State-owned lender to the energy sector, Power Finance Corporation’s (PFC) board has approved a plan to borrow up to ₹1.6 trillion (~$17.16 billion) from domestic and...

March 20, 2026

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Rakesh Ranjan

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Finance and M&A

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Other
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SWELECT-FortifyGrid JV to Set Up Solar-Battery Storage Platform in Singapore

Solar module manufacturer SWELECT Energy Systems has announced that its wholly owned subsidiary, SWELECT Energy Systems, Singapore, will enter into a strategic...

March 20, 2026

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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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GAIL Invests ₹130 Million in JV with TruAlt to Develop Biogas Plants

Ethanol producer TruAlt Bioenergy’s subsidiary, Leafiniti Bioenergy, a compressed biogas (CBG) company, has received an investment of ₹130 million (~$1.4 million)...

March 20, 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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Bluspring Acquires STEAG India Unit to Strengthen Energy Services

Integrated infrastructure services company Bluspring Enterprises has announced that its wholly owned subsidiary, Bluspring New Horizon One (BNHOPL), has executed a share...

March 20, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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Rajasthan Invites Bids to Install 4.5 MW Rooftop Solar Systems at Thermal Plants

Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL) has invited bids to install 4.5 MW rooftop solar systems on 44 buildings and civil structures at Suratgarh Thermal Power...

March 20, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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CPWD Tenders 2.3 MW of Solar Projects in Andhra Pradesh

The Central Public Works Department (CPWD) has issued two tenders to set up a cumulative 2,315 kW of grid-connected rooftop solar and solar parking projects at the...

March 20, 2026

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Parth Shukla

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Solar

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Tenders & Auctions
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Maharashtra Aims to Meet 65% of its Power Needs from Renewables by FY 2036

Maharashtra aims to meet 65% of its power needs from renewable energy sources and has set a target for power distribution companies to procure energy storage capacity...

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Gujarat Cuts Additional Surcharge for Open Access Power to ₹0.76/kWh

The Gujarat Electricity Regulatory Commission (GERC) has reduced the additional surcharge by ₹0.24 (~$0.002)/kWh to ₹0.76 (~$0.008)/kWh, payable by open access power...

March 20, 2026

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Rakesh Ranjan

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Markets & Policy

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Open Access
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HPERC Sets Himachal’s Free Power Rate at ₹2.73 /kWh for FY 2027

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has set the rate for the sale of the state government’s free power to the Himachal Pradesh State...

March 20, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Other Energy
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APAR to Procure Wind-Solar Power from CleanMax’s Project in Gujarat

Energy infrastructure solutions company APAR Industries will procure hybrid captive power of 7.34 MW solar and 9.90 MVA from wind turbine generators from Clean Max Rudra,...

March 20, 2026

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Meghana Prasad

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Open Access

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Solar

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Wind
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Daily News Wrap-Up: India Hit 119 GW Solar Module, 9 GW Cell Capacity in 2025

India added nearly 119 GW of solar modules and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report....

March 20, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Solarium Green Commissions 1 GW Solar Module Plant in Gujarat

Solar engineering, procurement, and construction (EPC) company Solarium Green Energy has commissioned a fully automated 1 GW solar module manufacturing facility in...

March 18, 2026

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Melvin Mathew

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Manufacturing

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Modules

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Solar
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Deendayal Port Invites Bids for Green Hydrogen Storage and Fuel-Cell Power Project

Deendayal Port Authority has invited bids to set up a metal hydride technology-based green hydrogen storage system with a capacity of at least 3 kg and fuel cell-based...

March 18, 2026

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Melvin Mathew

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Renewable Energy

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Tenders and Auctions
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India’s Non-Fossil Power Capacity Reaches 52.3% as of January 2026

India’s non-fossil energy sources have reached 52.3% of the country’s total installed power capacity of 520.5 GW as of January 2026, while thermal power continues to...

March 18, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy

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Solar

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