Archive

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Renewable Energy Solutions Provider CleanMax’s IPO Subscribed 94%

Clean energy solutions provider Clean Max Enviro Energy Solutions’ (CleanMax) ₹31 billion (~$340.92 million) initial public offering (IPO) was subscribed 0.94 times at...

February 25, 2026

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Melvin Mathew

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Finance and M&A

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Solar

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Wind
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NVVN Issues Tender for 2.1 MW Rooftop Solar Projects at Three AIIMS Sites

NTPC Vidyut Vyapar Nigam (NVVN) has invited bids to develop 2.115 MW of grid-connected rooftop solar projects at the All India Institute of Medical Sciences (AIIMS) in...

February 25, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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POWERGRID Commissions Project to Evacuate 8.1 GW Solar Power from Rajasthan

POWERGRID Narela Transmission, a wholly owned subsidiary of Power Grid Corporation of India (POWERGRID), has commissioned the final interstate transmission system (ISTS)...

February 25, 2026

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Meghana Prasad

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Grid

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Market & Policy
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Vikram Solar Secures 378 MW Module Supply Order from NTPC-Indian Oil JV

Kolkata-based solar module manufacturer Vikram Solar has secured an order for the supply of 378.75 MW of N-TOPCon modules for Indian Oil-NTPC Green Energy’s (INGEL) 600...

February 25, 2026

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Melvin Mathew

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Modules

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Solar
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NTPC Tenders Green Ammonia and Methanol Projects in Andhra Pradesh

NTPC Green Energy (NGEL) has issued a request for proposal to set up green ammonia and green methanol projects at the Pudimadaka Green Hydrogen Hub in Andhra Pradesh....

February 25, 2026

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Parth Shukla

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Other Energy

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Tenders and Auctions
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Keltron Floats Tender for 1.5 MW Rooftop Solar Project in West Bengal

Keltron Equipment Complex, a unit of the Kerala State Electronics Development Corporation (KSEDCL), has invited bids to set up a 1.5 MW rooftop solar project at the...

February 25, 2026

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Meghana Prasad

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Rooftop

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Solar

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Tenders & Auctions
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US Hits Indian Solar Cells with 126% Preliminary Countervailing Duties

The U.S. Department of Commerce has announced its preliminary determination of countervailing duties of up to 125.87% on crystalline silicon solar cells, whether or not...

February 25, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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Daily News Wrap-Up: Kerala Approves Smart Prepaid Billing Procedure

The Kerala State Electricity Regulatory Commission approved the billing procedure for the implementation of the smart prepaid metering system for government consumers...

February 25, 2026

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Staff

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Daily Wrap-up

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Other
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Project Finance Brief: Atlas Renewable Energy Secures $3B Refinancing

From: Mercom Capital Group Atlas Renewable Energy, a solar and wind project developer, has closed approximately $3 billion in corporate refinancing, its largest to date...

February 25, 2026

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Staff

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Finance and M&A

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Other
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Renewables Growth Yet to Shift Thermal-Centric State Procurement Strategies

Despite record-low renewable energy tariffs, several states have entered long-term thermal power purchase agreements (PPAs) at significantly higher tariffs of ₹5.38 (~$0....

February 25, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Renewable Energy
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Funding and M&A Roundup: First Solar Secures $1.5 Billion

From: Mercom Capital Group First Solar, a U.S.-based solar module manufacturer, has secured a $1.5 billion revolving credit facility. The agreement establishes a senior...

February 25, 2026

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Staff

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Finance and M&A

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Other
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Government Approves Higher Equity Investment Cap for POWERGRID

The Cabinet Committee on Economic Affairs (CCEA) has raised the permissible equity investment limit for Power Grid Corporation of India (POWERGRID) in its subsidiaries...

February 24, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Waaree Energies Secures 500 MW Solar Module Supply Order

Waaree Energies has received an order to supply 500 MW of solar modules from a domestic independent power producer (IPP). The company will supply the modules during the...

February 24, 2026

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Meghana Prasad

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Markets & Policy

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Modules

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Solar
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Kerala Approves Smart Prepaid Billing for Government Consumers

The Kerala State Electricity Regulatory Commission (KSERC) has approved the billing procedure for the implementation of the smart prepaid metering system for government...

February 24, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Battery Solutions Provider Coulomb Litech Raises ₹200 Million in Seed Funding

Mumbai-based battery solutions provider Coulomb Litech has raised ₹200 million (~$2.21 million) in its latest seed round, aiming to accelerate the electrification of...

February 24, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid

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