Archive

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Rise in Polysilicon Prices Drives Daqo’s Revenue Up 23% in Q3 2025

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy Corporation has posted a revenue of $244.6 million in the third quarter (Q3) of 2025, up 23%...

October 28, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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MPERC Drops RPO Default Cases After Power Ministry’s Notification

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has withdrawn 65 suo motu petitions initiated against various obligated entities for non-compliance with...

October 28, 2025

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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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Pahal to Set Up 2 GW Solar Cell and Aluminum Frame Facilities in Gujarat

Solar module manufacturing and engineering, procurement, and construction company Pahal Solar will set up a 2 GW solar cell and a 2 GW aluminum frame manufacturing...

October 28, 2025

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Staff

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Solar
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Bondada Engineering Secures Order for 2 GW Solar Project in Andhra Pradesh

Engineering, procurement, and construction company Bondada Engineering has secured a contract to develop a 2 GW solar project in Andhra Pradesh under the state’s...

October 28, 2025

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Arjun Joshi

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Solar

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Utility Scale
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Waaree Secures Orders for 692 MW of Solar Modules in India and US

Solar module manufacturer Waaree Energies has secured separate orders to supply 220 MW, 210 MW, and 140 MW of solar modules from undisclosed customers engaged in owning,...

October 28, 2025

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Staff

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Modules

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Solar
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Uttar Pradesh Issues New Framework for Captive Renewable Energy Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has notified the Captive and Renewable Energy Generating Plants Regulations, 2024, setting a comprehensive...

October 28, 2025

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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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Daily News Wrap-Up: CERC Approves Tariff for SECI’s 100 MW Solar Project

The Central Electricity Regulatory Commission (CERC) approved a tariff of ₹2.5 (~$0.028)/kWh for Solar Energy Corporation of India’s (SECI) 100 MW solar project. The...

October 28, 2025

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Mercom Staff

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Daily Wrap-up
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Romania Launches Third CfD Auction for 290 MW of Onshore Wind Projects

Romania’s Ministry of Energy has launched the third contracts for difference (CfD) auction for 290 MW of onshore wind energy projects. Bids must be submitted by November...

October 28, 2025

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Staff

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Tenders & Auctions

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Wind
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Spain’s Cumulative Installed Solar Capacity Crossed 40 GW in 2024

Spain’s total installed solar capacity reached 40,294 MW at the end of 2024, according to the Spanish Solar Photovoltaic Association’s (UNEF) annual report. In 2024,...

October 28, 2025

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Melvin Mathew

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Markets & Policy

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Solar
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MENA Weekly Round-Up: Masdar, EWEC Break Ground on Solar Plus Storage Project

Masdar and Emirates Water and Electricity Company (EWEC) have broken ground on a solar-plus-storage project capable of delivering round-the-clock baseload energy. The...

October 28, 2025

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Melvin Mathew

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Solar

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Wind
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India’s Wind Energy Installations Up 105% YoY in Q3 2025

India added 1.4 GW of wind energy capacity in the third quarter (Q3) of 2025, a 105% year-over-year (YoY) increase from 706.5 MW in Q3 2024, according to Mercom India...

October 28, 2025

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Sowndhiga U

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Mercom Research Focus

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Wind
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Green Hydrogen Producer HYDGEN Raises $5 Million in Equity and Debt

Industrial-scale green hydrogen generation company HYDGEN has raised $5 million in a mix of equity and debt round led by Transition VC, with participation from...

October 27, 2025

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Staff

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Other

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Other Energy
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Crompton Greaves Secures Order for 77 MW Rooftop Solar Systems

Crompton Greaves Consumer Electricals has secured an order to supply 77 MW of on-grid residential rooftop solar systems in Andhra Pradesh. The total order amounts to ₹4....

October 27, 2025

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Staff

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Rooftop

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Solar
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Honda Motor Acquires Stake in OMC Power to Repurpose EV Batteries

Electric vehicle (EV) manufacturer, Honda Motor, has made an equity investment in OMC Power, a distributed power supply and mini-grid business, to develop clean energy...

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Smart Grid Analytics Raises $3.3 Million from Strategic Investors

Bengaluru-based renewable energy intelligence company Smart Grid Analytics has raised $3.3 million (~₹289.75 million) in funding from strategic investors and clean...

October 27, 2025

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Melvin Mathew

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Finance and M&A

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Grid

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Smart Grid

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