Markets Policy

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Renewable Energy Sector Cheers RBI Interest Rate Cut, Expects Lending Boost

The Reserve Bank of India’s (RBI) recent decision to cut interest rates by 50 basis points has brought cheer to the renewable energy sector, with stakeholders describing...

June 11, 2025

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B.S. Nagaraj

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Markets & Policy

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Renewable Energy
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Maharashtra Regulator Rejects Plea to Scrap Rooftop Solar Grid Support Charges

The Maharashtra Electricity Regulatory Commission (MERC) rejected a petition filed by a renewable energy consultant seeking the abolition of grid support charges imposed...

June 10, 2025

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Arjun Joshi

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Markets & Policy

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Solar
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APTEL Orders DISCOMs to Pay Compensation for a Change in Law Event

The Appellate Tribunal for Electricity (APTEL) has ordered the distribution companies (DISCOMs) in Karnataka to refund safeguard duty and Integrated Goods and Services...

June 10, 2025

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Melvin Mathew

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Markets & Policy

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Modules

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Solar
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US Solar Sees 7% Decline in Q1 2025 with 10.8 GW Installed

The U.S. solar industry installed 10.8 GW of capacity in the first quarter (Q1) of 2025. Despite declining both 43% quarterly and 7% annually, this was the fourth-best...

June 10, 2025

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Arjun Joshi

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Markets & Policy

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Solar
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IEX Green Energy Market Sees 47% Increase in May 2025

Indian Energy Exchange (IEX) electricity traded volume reached 10,946 million units (MU) in May 2025,  a 2.9% year-over-year (YoY) rise from 10,633 MU. In May 2025, the...

June 4, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy
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Businesses are Powering the Renewable Revolution, But Systemic Gaps Persist: Report

In 2024, RE100 member companies consumed over 545 TWh of electricity. More than half of that power, 53%, was attributed to renewable sources. Yet only 42% was verified...

June 4, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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MNRE Amends Guidelines for Small Hydro Power Projects

The Ministry of New and Renewable Energy (MNRE) is introducing changes to the Guidelines for Small Hydro Power Schemes, initially published in 2009 and amended in 2014,...

May 30, 2025

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Meghana Prasad

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Markets & Policy

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Other
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Waaree Bags $176 Million Order from US to Supply 586 MW Solar Modules

Waaree Solar Americas, a wholly owned subsidiary of Waaree Energies, has received an order to supply 586 MW of solar modules for $176 million from a U.S.-based...

May 30, 2025

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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Jakson, Tata Power, Hartek: Leading Solar EPC Companies in 2024

Jakson Green, Tata Power Solar, Hartek Group, L&T Construction, and Sterling and Wilson Renewable Energy emerged as the top utility-scale solar engineering,...

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CERC Releases Draft Virtual Power Purchase Agreement Guidelines

The Central Electricity Regulatory Commission (CERC) has released draft guidelines for virtual power purchase agreements (VPPA), which could evolve as another instrument...

May 23, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy
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Rajasthan Mandates BESS for Captive Projects Exceeding 100% Contract Demand

The Rajasthan Electricity Regulatory Commission (RERC) has issued the Rajasthan Electricity Regulatory Commission (Terms and Conditions for Green Energy Open Access)...

May 23, 2025

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Arjun Joshi

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Markets & Policy

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Open Access
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US Clean Energy Tax Credits at Risk as Reconciliation Bill Moves to Senate

The U.S. House of Representatives passed the 2025 budget reconciliation bill, advancing it to the Senate. The bill proposes significant changes that could severely...

May 23, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Southeast Asia Braces for Steep US Anti-Dumping Duties on Solar Cells

The United States International Trade Commission (USITC) voted to conclude that domestic solar module manufacturers suffered material injury from imports of crystalline...

May 21, 2025

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Tina Freese

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Markets & Policy

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Solar
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India’s Wind Energy Installations Surge 134% QoQ in Q1 2025

India added 1.8 GW of wind energy capacity in the first quarter (Q1) of the calendar year 2025, an increase of 63% year-over-year (YoY) from 1.15 GW in Q1 2024. The...

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India Adds 7 GW of Solar Capacity in Q1 2025, Down 25% YoY

India added 6.7 GW of solar capacity in the first quarter (Q1) of 2025, according to Mercom India’s latest Q1 2025 India Solar Market Update Report. The numbers reflect...

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