Market & Policy

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Global Solar Inverter Shipments Reach 589 GW in 2024

Global solar inverter shipments increased by 10% in 2024, reaching a total capacity of 589 GW, according to the 2025 edition of Wood Mackenzie’s Global Solar Inverter...

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MENA Weekly Roundup: Oman Launches $200 Million Clean Energy Fund

The Oman Investment Authority partnered with Hong Kong-based Templewater to launch a $200 million Energy Transition Fund. The fund aims to finance projects in renewable...

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Karnataka Sets Benchmark Tariff of ₹3.07/kWh for MW-Scale Solar Projects

The Karnataka Electricity Regulatory Commission (KERC) has issued its generic tariff order for solar power projects. The order is applicable from July 1, 2025, to June...

July 11, 2025

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Staff

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Market & Policy

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Rooftop

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Solar
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Himachal Electricity Regulator Finalizes Resource Adequacy Framework Regulations

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has finalized its Resource Adequacy Framework Regulations, 2025. These regulations aim to ensure that the...

July 10, 2025

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Staff

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Grid

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Market & Policy
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UPERC Approves Tariff of ₹3.84/kWh for 300 MW Wind-Solar Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved a tariff of ₹3.84 (~$0.044)/kWh for the procurement of 300 MW wind-solar hybrid power by Noida...

July 10, 2025

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Staff

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Market & Policy

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Solar

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Wind
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Rajasthan Regulator Approves Tariffs for 229 MW Solar Projects under KUSUM

The Rajasthan Electricity Regulatory Commission (RERC) has approved the levelized tariffs determined through a competitive bidding process conducted by the Jaipur Vidyut...

July 9, 2025

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Staff

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Market & Policy

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Solar
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India Added 341 MWh of Energy Storage Capacity in 2024

India installed over 341 MWh of battery energy storage systems (BESS) in 2024, marking an over sixfold increase from the 51 MWh installed in 2023, according to Mercom...

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GERC Approves Tariff of ₹2.78/kWh for 500 MW Solar Power Procurement

The Gujarat Electricity Regulatory Commission (GERC) has approved the power purchase agreement (PPA) signed between Gujarat Urja Vikas Nigam (GUVNL) and NTPC Renewable...

July 8, 2025

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Staff

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Market & Policy

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Solar
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Bajel Projects Wins Renewable Energy Transmission EPC Order

Bajel Projects has secured an engineering, procurement, and construction (EPC) order for package TL04 of the Siwani-Jind (PG) 400 kV double-circuit (quad) transmission...

July 4, 2025

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Staff

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Grid

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Market & Policy
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$1.2 Trillion Needed for Battery Storage to Support Renewables by 2034: Report

Nearly $1.2 trillion must be invested globally in battery energy storage systems (BESS) to support the installation of over 5,900 GW of new wind and solar capacity...

July 4, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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IFC, IndiGrid to Develop 180 MW/360 MWh Standalone BESS Project in Gujarat

The International Finance Corporation (IFC) and Mumbai-based power transmission and renewable energy company IndiGrid have announced a partnership to develop a 180...

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CleanMax, Toyota Tsusho to Develop 300 MW of Renewable Energy Projects

Mumbai-based CleanMax and Toyota Tsusho India (TTIPL) have formed a new entity to develop 300 MW of renewable energy projects by March 2028, to address the clean energy...

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Hartek Bags ₹1.38 Billion Substation Contract from PGCIL in Karnataka

Hartek Group, an engineering, procurement, and construction (EPC) company, has secured a contract worth ₹1.38 billion (~$16.05 million) from the Power Grid Corporation...

July 2, 2025

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Staff

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Grid

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Market & Policy
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Andhra Pradesh Commission Releases Draft BESS Regulations

The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued the draft “Planning, Procurement, Deployment, and Utilisation of Battery Energy Storage Systems...

July 1, 2025

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Tina Freese

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Energy Storage

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Market & Policy
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Solar Module Manufacturing Capacity Under ALMM Grows to 91.5 GW

The Ministry of Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 742 MW of solar module manufacturing capacity. The...

July 1, 2025

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Tina Freese

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Manufacturing

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Market & Policy

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Solar

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