Daily Wrap Up

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Daily News Wrap-Up: MNRE Expands Solar Module Capacity Under ALMM by 14,670 MW

The MNRE updated the Approved List of Models and Manufacturers (ALMM) by adding 14,670 MW of solar module manufacturing capacity. The cumulative module manufacturing...

April 23, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Corporate Solar Funding Reaches $4.8 Billion in Q1 2025

Solar companies secured $4.8 billion in corporate funding in 39 deals in the first quarter (Q1) of 2025, a 41% year-over-year (YoY) decrease from $8.2 billion raised in...

April 22, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Solar Irradiation in India Fell by 3-10% in 2024

Solar generation depends on the solar irradiation that falls on photovoltaic panels. India has witnessed up to 7% below-average solar radiation variability between 2018...

April 21, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: IEX Proposes Real-Time Green Energy Trading

The Central Electricity Regulatory Commission invited stakeholder feedback by April 23, 2025, on a proposal by the Indian Energy Exchange (IEX) to introduce real-time...

April 17, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: CEA Approves DPRs of 7.5 GW Pumped Storage Projects

The Central Electricity Authority (CEA) greenlighted Detailed Project Reports (DPRs) of six pumped hydro storage projects (PSPs) with a total capacity of 7.5 GW. The...

April 16, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: BESS Key to India’s Renewable Energy Future

As India’s power grid becomes increasingly complex due to rising renewable energy penetration, the need for a stable grid has never been more pressing. With the growing...

April 15, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: JSL Super Steel to Procure 11 MW Solar Power from Sunsure

Jindal Stainless’s subsidiary, JSL Super Steel, announced it will procure 11 MW of power from Sunsure Energy’s 49 MW solar power project in Augasi, Uttar Pradesh. JSL...

April 14, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Free Electricity Slows Rooftop Solar Rollout in Karnataka

The implementation of the PM Surya Ghar: Muft Bijli Yojana in Karnataka has been slow to take off. Despite a sharp rise in registrations, only 6,519 rooftop solar...

April 11, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Central Commission Approves Tariff for NTPC’s 92 MW Solar Projects

The Central Electricity Regulatory Commission approved a final levelized tariff of ₹2.68 (~$0.031)/kWh for NTPC’s 92 MW floating solar projects at Rajiv Gandhi Combined...

April 10, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Strong Demand Drives India’s Solar Panel Manufacturing Capacity

India added 25.3 GW of solar module capacity and 11.6 GW of solar cell capacity in the calendar year 2024, according to Mercom’s recently released State of Solar PV...

April 9, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Telecom Industry Prefers Solar, Has 1,250 MW in the Pipeline

India currently has around 824,000 telecom towers and 2.98 million base transceiver stations, which collectively consume approximately 70 TWh/70,000 GWh of energy...

April 8, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Government Expands Substation Radius to 5 km for ISTS Projects

The Ministry of Power introduced amendments to the standard bidding documents for procuring interstate transmission services (ISTS) through a tariff-based competitive...

April 7, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: KPTCL Announces its 1 GWh Standalone BESS Auction Winners

Sarala Project Works, Oriana Power, and Pace Digitek won Karnataka Power Transmission Corporation’s auction to set up 500 MW/1,000 MWh grid-connected standalone battery...

April 4, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: EV Industry Braces for Price Surge Due to DCR Mandate

The electric vehicle (EV) industry is bracing for a short-term price surge, as the Ministry of Heavy Industries has mandated a 100% domestic content requirement for 18...

April 3, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Bihar Includes Distributed Renewable Energy in RPO

The Bihar Electricity Regulatory Commission proposed including a new category of distributed renewable energy in its Renewable Power Obligation (RPO) for the financial...

April 2, 2025

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Mercom Staff

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Daily Wrap-up

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