Renewable Energy

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Higher Electricity Sales Drive Adani Green’s Revenue Up 29% YoY in Q1 FY 2027

Adani Green Energy (AGEL) posted revenue of ₹42.80 billion (~$443.52 million) in the first quarter (Q1) of the financial year (FY) 2027, an increase of 29% year over...

July 23, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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MERC Clears Tariff for Adani Electricity’s 750 MW Renewable Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has adopted a weighted-average levelized tariff of ₹6.38 (~$0.066)/kWh for procuring 750 MW of round-the-clock...

July 22, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Clean Energy Meets Key to Expanding Market Access and Industry Connect

In the calendar year 2025, 119 GW of solar modules and over 9 GW of solar cell manufacturing capacity were added in the country, according to Mercom India’s State of...

July 22, 2026

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Parth Shukla

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C&I

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Renewable Energy
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MENA Weekly Round-Up: Oman Tenders 1 GW of Solar Projects

Oman’s Nama Power and Water Procurement Company invited bids to procure electricity from solar projects totaling 1,000 MW. The projects must be commissioned by the...

July 21, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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Bihar Regulator Approves Generic Renewable Energy Tariffs for FY 2027

The Bihar Electricity Regulatory Commission (BERC) has approved the generic levelized tariffs for biomass, non-fossil fuel cogeneration, and waste-to-energy projects for...

July 21, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Kerala Regulator Approves DISCOM’s Revisions to 300 MW Peak Power Tender

The Kerala State Electricity Regulatory Commission (KSERC) has approved a Kerala State Electricity Board’s (KSEB) proposal to revise the bid evaluation methodology...

July 21, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Germany’s Move to Cut Support for Small Solar Systems Triggers Criticism

Germany’s move to limit incentives to renewable energy projects has been criticized by the country’s solar industry, saying the proposed abolition of support for new,...

July 21, 2026

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Parth Shukla

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Market & Policy

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Renewable Energy
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MNRE to Fund Pilot Line for Perovskite Photovoltaic Manufacturing

The Ministry of New and Renewable Energy (MNRE) has approved the continuation of its Renewable Energy Research and Technology Development (RE-RTD) program from the...

July 21, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy

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Solar
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Powerica Acquires 49% Stake in Fuji-Kailash Energy for ₹30 Million

Powerica has acquired a 49% stake in Fuji-Kailash Energy (FKEPL), a Gujarat-based renewable energy generation and distribution company, for ₹30 million (~$311,365). The...

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Despite High Costs, Solar and Wind Still Cheapest New Power Sources: Report

Utility-scale solar and onshore wind continue to offer the lowest unsubsidized levelized cost of energy (LCOE) in the U.S., even as higher capital costs, interest rates,...

July 17, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Sterling & Wilson’s Revenue Drops 9.7% YoY in Q1 FY 2027 Due to Lower EPC Business

Sterling and Wilson Renewable Energy (SWREL) has posted revenue of ₹15.90 billion (~$165.1 million) in the first quarter (Q1) of the financial year (FY) 2027, a 9.7%...

July 16, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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Gujarat Mandates 51% Renewable Power for Data Centers Under New Policy

The Gujarat government has unveiled its Viksit Gujarat Data Center Policy, which mandates that data center developers source at least 51% of the electricity consumed by...

July 16, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: Karnataka, Goa DISCOM Bids Revive Privatization Debate

Recent moves by private players to acquire power distribution licenses have once again brought the debate over the privatization of distribution companies (DISCOMs) to...

July 15, 2026

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Staff

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Daily Wrap-up

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Renewable Energy
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BII, EAAIF Partner to Finance Blueleaf Energy’s Renewable Energy Expansion

UK’s development finance institution and impact investor, British International Investment (BII), has announced the partial syndication of its mezzanine debt...

July 15, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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CERC Proposes FY 2027 Generic Tariffs for Renewable Energy Projects

The Central Electricity Regulatory Commission (CERC) has invited  stakeholder comments on the levelized generic tariffs proposed for renewable energy projects for the...

July 14, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy

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