Renewable Energy

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Regulator Rejects Kerala’s Costly Power Purchase Proposals, Flags BESS Delays

The Kerala State Electricity Regulatory Commission (KSERC) has partially approved Kerala State Electricity Board’s (KSEB) proposal to procure short-term...

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IEX’s Q2 Revenue Rises 8% as Electricity Trading Volumes Grow

The Indian Energy Exchange (IEX) reported revenue of ₹1.67 billion (~$17.55 million) in the second quarter (Q2) of the financial year (FY) 2027, an 8.4% year-over-year...

October 29, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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UPERC Approves Noida Power’s 300 MW RTC Renewable Power Procurement

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved Noida Power Company’s (NPCL) proposal to procure 300 MW of firm and dispatchable renewable...

October 29, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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India’s Q3 2026 Renewable Policies Prioritize Grid Stability, Project Execution

India’s renewable energy policies increasingly focused on improving project execution, grid stability, transmission connectivity, and reliable power delivery...

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Daily News Wrap-Up: Solar’s Share in India’s Renewable Mix Hits 58%

Solar continued to dominate India’s renewable energy capacity additions in the third quarter (Q3) of 2026. India’s installed solar capacity reached 174.8 GW,...

October 29, 2026

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Mercom Staff

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Daily Wrap-up

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Renewable Energy
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JSW Energy’s Q2 Revenue Rises 23%,Renewable Generation Up 21%

Independent power producer JSW Energy reported revenue of ₹63.68 billion (~$669.73 million) in the second quarter (Q2) of the financial year (FY) 2027, up 23%...

October 29, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Karnataka Proposes 43.33% Renewable Purchase Obligation by FY 2030

The Karnataka Electricity Regulatory Commission (KERC) has proposed increasing the state’s Renewable Purchase Obligation (RPO) to 43.33% by the financial year (FY)...

October 28, 2026

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Arjun Joshi

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Market & Policy

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Other

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Renewable Energy
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What RBI’s Rate Hike Means for India’s Renewable Energy Industry

The Reserve Bank of India’s (RBI) 25-basis-point increase in the repo rate to 5.5% could raise borrowing costs for renewable energy developers and manufacturers,...

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Solar’s Share in India’s Renewable Capacity Rises to 58% at the end of Q3 2026

Solar continued to dominate India’s renewable energy capacity additions in the third quarter (Q3) of 2026. India’s installed solar capacity reached 174.8 GW,...

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CERC Adopts Tariffs for 448 MW of FDRE Procurement

The Central Electricity Regulatory Commission (CERC) has approved the tariff for SJVN’s procurement of 448 MW of firm and dispatchable energy (FDRE) on a round-the-clock...

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REC’s Q2 Net Profit Falls 21% Despite Expanding Loan Portfolio

Public infrastructure finance company REC reported a revenue from operations of ₹150 billion (~$1.58 billion), down 1% year-over-year (YoY) from ₹151.53 billion (~$1.59...

October 27, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Bloom Energy Revenue Surges 138% as Data Center Power Demand Grows

Fuel cell and electrolyzer manufacturer Bloom Energy reported record revenue of $1.24 billion in the third quarter (Q3) of 2026, up 138.1% year-over-year (YoY) from $519....

October 27, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Global Renewable Energy Capacity Must Reach 18.4 TW by 2035: IRENA

To align with the 1.5 °C climate pathway, global installed renewable energy capacity must increase from approximately 5.2 TW in 2025 to 18.4 TW by 2035 and 38.2 TW by...

October 27, 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: Gujarat Announces Top-up Subsidy for Rooftop Solar

The Gujarat government announced an additional state subsidy for residential consumers installing rooftop solar systems up to 2.18 kW under the PM Surya Ghar: Muft Bijli...

October 26, 2026

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Mercom Staff

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Daily Wrap-up

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Renewable Energy
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Ministry of Power Unveils Framework for Secure Electricity Data Sharing

The Ministry of Power has issued the National Electricity Data Sharing Framework, 2026, to enable secure, standardized electricity data sharing. The voluntary framework...

October 23, 2026

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Parth Shukla

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Market & Policy

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Renewable Energy

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