Archive

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CERC Allows Connectivity Extension for Delayed Renewable Projects

The Central Electricity Regulatory Commission (CERC) has granted conditional relief to renewable energy developers whose interstate transmission system connectivity was...

March 6, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Karnataka Announces 3 GW Agricultural Feeder Solarization Program

The Karnataka government has announced a new feeder-level solarization program, Mukhya Mantri Saura Krishi Yojane, under Pradhan Mantri Kisan Urja Suraksha evam Utthaan...

March 6, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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Maharashtra Proposes ₹2.82/kWh Tariff for Surplus Rooftop Solar Power

The Maharashtra Electricity Regulatory Commission (MERC) has issued a draft order proposing a generic tariff of ₹2.82 (~$0.031)/kWh for surplus electricity exported from...

March 6, 2026

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar
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Kedarnath Multigrains Cuts Power Bills With 659 kW Rooftop Solar System

Solar adoption across India’s commercial and industrial (C&I) segment is growing steadily, with businesses realizing the benefits of reduced power bills and...

March 6, 2026

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Meghana Prasad

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C&I

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Rooftop

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Solar
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IL&FS Mutual Fund Commits ₹1.25 Billion Investment in Hero Solar Energy

Infrastructure debt fund IL&FS Mutual Fund has committed an investment of ₹1.25 billion (~$13.63 million) in Hero Solar Energy, part of renewable energy developer...

March 6, 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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POWERGRID Seeks Partner for PSPCL’s 100 MWh Battery Storage Project

Power Grid Corporation of India (POWERGRID) has invited bids to select a consortium partner to set up a 50 MW/100 MWh standalone battery storage project in Bhatinda,...

March 6, 2026

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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POWERGRID Invites Bids for 50 MW/100 MWh Battery Storage Project in Punjab

Power Grid Corporation of India (POWERGRID) has invited bids to set up a 50 MW/100 MWh battery energy storage system (BESS) project in Patiala, Punjab. The project forms...

March 6, 2026

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Meghana Prasad

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Energy Storage

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Tenders & Auctions
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Bank of Baroda Raises ₹100 Billion Through Green Infrastructure Bonds

Bank of Baroda has raised ₹100 billion (~$1.1 billion) through green infrastructure bonds to support long-term funding for renewable energy and sustainable...

March 6, 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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Himachal Proposes EV Charging Points, Energy Efficiency Norms for Buildings

The Himachal Pradesh government has proposed amending the Town and Country Planning Rules, 2014, to facilitate the provision of electric vehicle (EV) charging points in...

March 6, 2026

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Arjun Joshi

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Market & Policy

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Smart Buildings
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Daily News Wrap-Up: Karnataka Revises Power Tariffs

The Karnataka Electricity Regulatory Commission allowed a review petition filed by the state’s electricity distribution companies (DISCOMs) and revised tariffs for...

March 6, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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ChargePoint’s Revenue Up 7% YoY in Q4 FY 2026, Net Loss Down 48%

U.S.-based electric-vehicle charging solutions company ChargePoint reported revenue of $109.3 million in the fourth quarter (Q4) of fiscal year (FY) 2026, a 7%...

March 6, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Karnataka Notifies Power Cross-Subsidy Reduction Regulations 2026

The Karnataka Electricity Regulatory Commission (KERC) has notified the Karnataka Electricity Regulatory Commission (Roadmap for Reducing Cross-Subsidy and Cross-Subsidy...

March 6, 2026

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Meghana Prasad

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Grid

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Market & Policy
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Plug Power Q4 2025 Revenue Surges on Increased Sales in Core Markets

Hydrogen fuel cell solutions provider Plug Power reported a revenue of $225.2 million in the fourth quarter (Q4) of the financial year (FY) 2025, up 17.6% year-over-year...

March 6, 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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Stem Narrows Loss in Q4 2025 as Utility-Scale Market Expansion Gains Traction

U.S.-based smart energy storage company Stem reported a revenue of $47.2 million in the fourth quarter (Q4) of 2025, a year-over-year (YoY) decline of 15.4% from $55.8...

March 6, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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Himachal Proposes Short-Term Green Energy Open Access Through InSTS Systems

Himachal Pradesh State Load Dispatch Centre (HPSLDC) has issued the draft procedure for the grant of short-term green energy open access (GEOA) through intrastate...

March 5, 2026

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Melvin Mathew

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Grid

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Open Access

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