Other

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Daily News Wrap-Up: India’s Solar Imports Up 8.3% YoY in Q2 2025

India imported solar cells and modules worth over $839.4 million (₹71.9 billion) in the second quarter (Q2) of 2025, an 8.3% year-over-year (YoY) increase, according to...

September 19, 2025

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Mercom Staff

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Daily Wrap-up
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SECI Invites Bids for Project Report Preparation of Green Hydrogen Hubs

The Solar Energy Corporation of India (SECI) has called for proposals to select an executing agency for preparing detailed project reports (DPRs) for green hydrogen hubs...

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Meyer Burger to Sell Module Machinery to Waaree Amid Bankruptcy

A court in the U.S. has approved the sale of Meyer Burger’s machinery and equipment for the production of solar modules to Waaree Solar Americas and solar cells to...

September 18, 2025

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Staff

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Finance and M&A

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Renewable Energy
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SJVN Invites Bids to Set Up 600 MW Wind Projects

SJVN has issued a request for selection to set up 600 MW interstate transmission system (ISTS)-connected wind projects anywhere in India. The power generated from these...

September 18, 2025

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Staff

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Tenders and Auctions

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Wind
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Daily News Wrap-Up: Landed Costs of Solar Open Access Projects Jump in Q2

The landed costs for third-party solar open access projects increased in 11 of 15 states for high-tension industrial consumers, primarily driven by higher power purchase...

September 18, 2025

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Mercom Staff

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Daily Wrap-up
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MNRE Hikes National Bioenergy Program Budget by ₹1.4 Billion

The Ministry of New and Renewable Energy (MNRE) has approved a supplementary budget of ₹1.4 billion (~$15.94 million) for the National Bioenergy Program (Phase I), to...

September 17, 2025

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Arjun Joshi

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Biofuel

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Markets & Policy
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Government Unveils Geothermal Energy Policy to Harness Earth’s Heat

The Ministry of New and Renewable Energy (MNRE) has issued the National Policy on Geothermal Energy to advance research, exploration, drilling techniques, reservoir...

September 17, 2025

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Arjun Joshi

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Markets & Policy

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Other

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Other Energy
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Daily News Wrap-Up: Uncertainty Hits Solar Open Access Growth in Telangana

Despite growing demand from energy-intensive industrial sectors, solar open access projects are not seeing much traction in Telangana due to a lack of policy clarity....

September 17, 2025

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Mercom Staff

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Daily Wrap-up
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Funding and M&A Roundup: Torus Secures $200 Million

From: Mercom Capital Group Torus, a Utah-based energy storage solutions provider, has secured a $200 million investment from Magnetar, an alternative asset manager, to...

September 17, 2025

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Staff

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Finance and M&A

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Other
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Indian Grid Authorities Call for Action to Prevent Spain-Type Power Blackout

Electricity grid authorities in India have called for a series of actions to prevent an Iberian Peninsula-type blackout disrupting power supply for hours on April 28,...

September 17, 2025

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B.S. Nagaraj

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Grid

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Market & Policy

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Renewable Energy

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Utilities
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Daily News Wrap-Up: MNRE Plans ALMM for Solar Wafers, Ingots

Accelerating its push for creating domestic manufacturing capacities across the solar value chain, the government proposed mandating the use of India-made wafers under...

September 16, 2025

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Mercom Staff

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Daily Wrap-up
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APTEL Reduces Heavy Penalty on Delhi DISCOMs for RPO Non-Compliance

The Appellate Tribunal for Electricity (APTEL) has set aside the penalties imposed by the Delhi Electricity Regulatory Commission (DERC) on BSES Yamuna Power and BSES...

September 16, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Mufin Green Raises ₹500 Million via Private Placement of NCDs

Mufin Green Finance, a listed non-banking financial company (NBFC), has completed the allotment of 5,000 non-convertible debentures (NCDs) worth ₹500 million (~$5.67...

September 15, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Serentica to Acquire Statkraft’s Indian Solar Business

Independent power producer Serentica Renewables has signed binding agreements to acquire Statkraft’s 445 MW operational solar project at Bikaner, along with 1 GW...

September 15, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Daily News Wrap-Up: GST Reduction May Reduce Project Costs and Tariffs

The reduction in Goods and Services Tax (GST) from 12% to 5% on solar cells and other renewable energy devices is likely to lower power costs for consumers while...

September 15, 2025

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Mercom Staff

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Daily Wrap-up

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