Archive

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Fujiyama Commissions 2 GW Solar Module Manufacturing Plant in Madhya Pradesh

Rooftop solar solutions company Fujiyama Power Systems has commissioned a 2,000 MW solar module manufacturing facility in Ratlam, Madhya Pradesh. In addition to solar...

May 15, 2026

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Parth Shukla

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Manufacturing

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Solar
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SJVN’s Q4 FY 2026 Revenue Soars 197%, Loss Narrows

Government-owned power generation company SJVN’s revenue rose 196.7% to ₹14.96 billion (~$156.31 million) in the fourth quarter of the financial year (FY) 2026 from ₹5....

May 15, 2026

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Meghana Prasad

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Finance and M&A

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Solar
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PFC’s FY 2026 Net Profit Rises 10% YoY, Loan Asset Book Tops ₹11.64 Trillion

State-owned lender to the energy sector, Power Finance Corporation (PFC), has reported consolidated revenue from operations of ₹289.20 billion (~$3.03 billion) in the...

May 15, 2026

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Arjun Joshi

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Finance and M&A

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Other
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EESL Invites Bids for Feasibility and Project Reports for Solar Projects

The Energy Efficiency Services (EESL), a government entity under the administrative control of the Ministry of Power (MoP), has issued an expression of interest for...

May 15, 2026

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Parth Shukla

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Solar

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Tenders & Auctions
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Chhattisgarh Proposes ₹3.4/kWh Levelized Tariff for Solar Projects Up to 2 MW

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has proposed a generic levelized tariff of ₹3.40 (~$0.04)/kWh for solar photovoltaic projects between...

May 15, 2026

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Melvin Mathew

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Grid

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Market & Policy
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CERC Clears Transmission Charges for Khavda Renewable Energy Evacuation Project

The Central Electricity Regulatory Commission (CERC) has approved annual transmission charges of ₹23.92 billion (~$249.86 million) for the interstate transmission system...

May 15, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Sunraycer Secures $901 Million for Solar and Storage Projects in Texas

Sunraycer Renewables, a developer, owner, and operator of clean energy power sites, has closed a $901 million project financing facility to support three solar and...

May 15, 2026

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Renu

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Finance and M&A

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Solar
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Arava Power to Acquire 50% Stake in La Salle Solar Project

OCI Energy, a utility-scale solar and battery storage project developer, and Arava Power, an Israeli utility-scale renewable energy company, have signed a Membership...

May 15, 2026

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Renu

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Finance and M&A

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Solar
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CEA Proposes Cost-Reflective Fixed Charges and Retail Tariffs for DISCOMs

The Central Electricity Authority (CEA) has proposed a national framework to rationalize fixed charges and redesign retail tariffs to improve the recovery of fixed costs...

May 15, 2026

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Arjun Joshi

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Grid

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Market & Policy
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Delhi Vidhan Sabha’s Heritage Building Goes Green, Saves on Power Bills

Consumers in India are increasingly turning to solar to lower their power costs and reduce dependence on conventional energy sources. While commercial, industrial, and...

May 15, 2026

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Parth Shukla

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C&I

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Rooftop

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Solar
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SECI Announces Winner of 10 MW Solar Auction

The Solar Energy Corporation of India (SECI) has announced the winner of its auction to set up a 10 MW grid-connected solar project in Odisha. BNC Power Projects won the...

May 15, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: India Adds 15.3 GW of Solar Capacity in Q1 2026

India installed 15.3 GW of solar capacity in the first quarter (Q1) of 2026, its highest-ever quarterly total, according to Mercom India’s Q1 2026 India Solar Market...

May 15, 2026

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Mercom Staff

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Daily Wrap-up
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PSPCL Announces Winners of 1 GWh Battery Energy Storage Auction

The Punjab State Power Corporation (PSPCL) has announced the winners of the 500 MW/1,000 MWh standalone battery energy storage systems (BESS) auction. Stockwell Solar...

May 15, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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India Adds 1.6 GW of Wind Capacity in Q1 2026

India added nearly 1.6 GW of wind power capacity in the first quarter (Q1) of the calendar year (CY) 2026, up 14% quarter-over-quarter (QoQ) from 1.3 GW. The capacity...

May 15, 2026

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Sowndhiga U

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Mercom Research Focus

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Wind
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Andhra Pradesh Invites Bids for 93 MW Rooftop Solar Projects

The Southern Power Distribution Company of Andhra Pradesh (APSPDCL) has invited bids to set up 93.2 MW of grid-connected rooftop solar projects through the utility-led...

May 14, 2026

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Melvin Mathew

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Rooftop

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Solar

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Tenders & Auctions

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