Archive

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AMPIN Energy Secures $50 Million from Dutch Development Bank FMO

AMPIN Energy Transition has secured a $50 million long-term investment from FMO, a Dutch entrepreneurial development bank. The funding will be utilized to support the...

December 4, 2025

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Melvin Mathew

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Finance and M&A

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Other

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Renewable Energy
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CTUIL Issues Draft Norms for Change in Control of Grid Connectivity

The Central Transmission Utility of India (CTUIL) has issued the draft procedure for seeking approval of the change in control of grid connectivity grantees before the...

December 4, 2025

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Melvin Mathew

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Grid

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Market & Policy

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T&D
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JK Cement Increases Shareholding in 22 MW Captive Wind Project

JK Cement has made a further investment in O2 Renewable Energy V, a special purpose vehicle (SPV) of O2 Power, to increase its shareholding in a 22 MW group captive wind...

December 4, 2025

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Arjun Joshi

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C&I

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Wind
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Japan Awards 75 MW of Solar Projects to 27 Companies in 26th Auction

A total of 27 companies won the Organization for Cross-regional Coordination of Transmission Operators (OCCTO), Japan’s 26th solar power auction for projects of at least...

December 4, 2025

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Parth Shukla

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Solar

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Tenders & Auctions
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TPG and MAVCO Form Vayona Energy for Wind Turbine Manufacturing

Global alternative asset management firm TPG and MAVCO-led consortium have created an independent wind energy platform, Vayona Energy, post the acquisition of...

December 4, 2025

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Meghana Prasad

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Markets & Policy

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Wind
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Italy Awards 7.7 GW Solar, 940 MW Wind Projects Under FER X Transitory Program

Italy’s energy management agency, the Gestore dei Servizi Energetici (GSE), has awarded 940 MW of wind and 7,700 MW of solar projects under the Fonti di Energia...

December 4, 2025

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Melvin Mathew

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Solar

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Tenders & Auctions

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Wind
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NVVN Issues EPC Tender for 2 MW Solar Project in Maharashtra

The NTPC Vidyut Vyapar Nigam (NVVN) has invited bids for the engineering, procurement, and construction (EPC) of a 2 MW ground-mounted solar project at the India...

December 4, 2025

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Melvin Mathew

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Solar

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Tenders & Auctions
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Pace Digitek’s Subsidiary Secures ₹997 Million BESS Order from Advait

Lineage Power, a material subsidiary of Pace Digitek, has received an order valued at ₹997.10 million (~$11.24 million) from Advait Greenergy, a subsidiary of Advait...

December 4, 2025

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Meghana Prasad

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Energy Storage

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Market & Policy
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With Sunset Date Looming, PM-KUSUM Meets Only 27% of Target

The government’s ambitious program to solarize the agriculture sector has met only 27.2% of the 34,800 MW target so far, with the deadline less than four months away. As...

December 4, 2025

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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: Rising Tariffs and Policies Boost Solar Growth in Odisha

Backed by rising power demand from commercial and industrial consumers, both rooftop solar and open access installations are expanding steadily in Odisha. Greater policy...

December 4, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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IEX Sees 17.7% YoY Rise in Electricity Volume in November, Trades 11.4 BU

The Indian Energy Exchange (IEX) has traded a monthly electricity volume of 11.41 billion units (BU) in November 2025, a 17.7% year-over-year (YoY) increase. IEX said...

December 4, 2025

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Parth Shukla

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Other

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Renewable Energy
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Terra Clean Issues Land Aggregation Tender for 300 MW Solar Projects

Terra Clean, a wholly owned subsidiary of Indian Oil Corporation, has issued a request for proposal for land aggregation to develop a 300 MW intrastate transmission...

December 4, 2025

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Meghana Prasad

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Solar

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Tenders & Auctions
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Sodium-ion to Set to Surge But Still a Sidekick to Lithium by 2030: IRENA

Lithium-ion batteries dominate today because of their long service life, high energy density, high efficiency, and fast power delivery. However, rising demand raises...

December 4, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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Apraava Gets ₹8 Billion from BII, Standard Chartered to Expand Smart Metering

Solar solutions provider Apraava Energy has secured ₹8.01 billion (~₹92 million) from impact investor British International Investment (BII) and Standard Chartered to...

December 3, 2025

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Parth Shukla

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Finance and M&A

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Grid
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Chhattisgarh Clarifies Virtual Net Metered Solar Projects Can be Off-Site

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has clarified that a solar project operating under the virtual net metering framework can be located at...

December 3, 2025

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Arjun Joshi

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Markets & Policy

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Solar

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