Renewable Energy

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TNERC Approves Bidding Process for 1 GW Velimalai Pumped Storage Project

The Tamil Nadu Electricity Regulatory Commission (TNERC) has allowed the Tamil Nadu Green Energy Corporation (TNGECL) and the Tamil Nadu Power Distribution Corporation...

March 12, 2026

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Rakesh Ranjan

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Other

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Renewable Energy
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Mahindra Susten Secures ₹10.25 Billion for 300 MW Renewable Project in Rajasthan

Mahindra Susten, the clean-tech platform of the Mahindra Group, has achieved financial closure for NHPC’s 300 MW renewable energy project in Rajasthan. The project,...

March 12, 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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Karnataka High Court Stays 2 GW Sharavathy Pumped Storage Project

The Karnataka High Court has issued an interim order stopping activities related to the construction of the 2 GW Sharavathy pumped storage project (PSP) in Karnataka....

March 11, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy
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Rajasthan Proposes Amending Renewable Purchase Obligation Rules

The Rajasthan Electricity Regulatory Commission (RERC) has issued draft amendments to its Renewable Purchase Obligation (RPO) Regulations, 2023, proposing changes to...

March 11, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Maharashtra Targets 75% Clean Energy by 2047 in Latest Budget

Maharashtra has set a target of achieving 75% clean energy by 2047, with the 2026–27 budget outlining measures across solar deployment, rooftop solar subsidies, and...

March 11, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Renewables Accounted for 58.6% of Germany’s Electricity Generation in 2025

Renewables accounted for 58.6% of the electricity fed into Germany’s grid in 2025, slightly lower than 59.5% in 2024, according to preliminary data released by the...

March 10, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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GERC Allows Revisions in Torrent Power’s 200 MW FDRE Tender Terms

The Gujarat Electricity Regulatory Commission (GERC) has partly allowed a petition filed by Torrent Power seeking approval for deviations for procurement of firm and...

March 9, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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MENA Weekly Round-Up: Egypt Plans to Add 2.5 GW of Renewables to the Grid

Egypt has announced plans to add 2,500 MW of renewable energy capacity to the country’s electricity grid before next summer. The country also discussed...

March 9, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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CERC Allows Connectivity Extension for Delayed Renewable Projects

The Central Electricity Regulatory Commission (CERC) has granted conditional relief to renewable energy developers whose interstate transmission system connectivity was...

March 6, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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IL&FS Mutual Fund Commits ₹1.25 Billion Investment in Hero Solar Energy

Infrastructure debt fund IL&FS Mutual Fund has committed an investment of ₹1.25 billion (~$13.63 million) in Hero Solar Energy, part of renewable energy developer...

March 6, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Bank of Baroda Raises ₹100 Billion Through Green Infrastructure Bonds

Bank of Baroda has raised ₹100 billion (~$1.1 billion) through green infrastructure bonds to support long-term funding for renewable energy and sustainable...

March 6, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Plug Power Q4 2025 Revenue Surges on Increased Sales in Core Markets

Hydrogen fuel cell solutions provider Plug Power reported a revenue of $225.2 million in the fourth quarter (Q4) of the financial year (FY) 2025, up 17.6% year-over-year...

March 6, 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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IEX Power Trade Surges 30% YoY to 12,550 MU in February

The Indian Energy Exchange (IEX) recorded a total electricity-traded volume of 12,550 million units (MU) in February 2026, a 30.4% year-over-year (YoY) increase, and its...

March 5, 2026

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Rakesh Ranjan

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Other

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Renewable Energy
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MNRE Sets Emission Thresholds for Green Ammonia and Green Methanol

The Ministry of New and Renewable Energy (MNRE) has notified standards for green ammonia and green methanol under the National Green Hydrogen Mission, establishing...

March 3, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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MENA Weekly Roundup: Middle East Renewables Market Reaches $48 Billion

The Middle East renewable energy market was valued at $48.03 billion in 2025 and is projected to grow to $136.88 billion by 2034, registering a compound annual growth...

March 3, 2026

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Meghana Prasad

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Other

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Renewable Energy

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