Solar

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FCI Aravali Gypsum Tenders 2.52 MW of Solar Projects

FCI Aravali Gypsum and Minerals India (FAGMIL), a government of India enterprise, has invited bids for the supply, commissioning, and operation of 2.52 MW ground-mounted...

January 7, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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EIE Renewables Wins WBSEDCL’s 10 MW Rooftop Solar Auction

EIE Renewables has won the West Bengal State Electricity Distribution Company’s (WBSEDCL) auction to install 10 MW of grid-connected rooftop solar systems. The tender...

January 7, 2026

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Arjun Joshi

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Rooftop

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Solar

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Tenders & Auctions
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Inox Clean Secures ₹31 Billion Equity to Scale IPP and Solar Manufacturing

Inox Clean Energy, the renewable arm of the INOXGFL Group, along with its subsidiary, Inox Solar, has raised equity totaling ₹31 billion (~$342.83 million), valuing the...

January 7, 2026

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Rakesh Ranjan

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Manufacturing

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Solar
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Uttarakhand Regulator Asks UPCL to Set Solar, Non-Solar Hours for Tariffs

The Uttarakhand Electricity Regulatory Commission (UERC) has decided to retain the existing time-of-day (ToD) tariff structure and defer any immediate changes to peak...

January 7, 2026

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Meghana Prasad

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Markets & Policy

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Solar
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Project Finance Brief: Serengeti Energy Secures $26 Million Financing for the Ilute Solar Project

From: Mercom Capital Group Serengeti Energy, an independent renewable power producer, closed $26 million in project financing from a syndicate of lenders for the...

January 7, 2026

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Staff

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Finance and M&A

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Solar
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European Union’s CBAM Puts a Carbon Cost On India’s Exports

The European Union (EU) has begun implementing the definitive phase of its Carbon Border Adjustment Mechanism (CBAM), a policy that will attach a carbon-linked cost to...

January 7, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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Bondada Engineering Commissions 120 MW of Solar Projects

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction (EPC) company, commissioned 120.46 MW of solar projects in December 2025 for Paradigm...

January 6, 2026

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Rakesh Ranjan

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Other

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Solar
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Punjab Floats Tender to Procure 500 MW Solar Power

Punjab State Power Corporation (PSPCL) has invited bids to procure 500 MW of solar power from projects located anywhere in the country on a long-term basis. The last...

January 6, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Waaree Energy Secures ₹10 Billion for 20 GWh Cell and Battery Pack Plant

Waaree Energy Storage Solutions, a subsidiary of Waaree Energies, has secured ₹10.03 billion (~$111.16 million) in funding from a group of strategic investors, including...

January 6, 2026

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Melvin Mathew

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Energy Storage

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Manufacturing
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Industries in Nashik Meet to Discuss Clean Energy Solutions to Cut Power Costs

Commercial and industrial (C&I) businesses across India are increasingly turning to renewable energy solutions as a strategic response to rising electricity tariffs,...

January 6, 2026

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Meghana Prasad

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C&I

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Solar
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UPERC Adopts Tariff for 1.5 GW Pumped Hydro Storage Project in Uttar Pradesh

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the tariff of ₹7.71 million (~$85,634)/MW/annum for procuring power from 1,500 MW of pumped...

January 6, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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MENA Weekly Roundup: Turkey Plans 5 GW Solar Projects with ACWA Power

Turkey has commenced discussions with Saudi Arabia’s ACWA Power to develop 5 GW solar projects. The first phase will add 2 GW of capacity and is expected to be completed...

January 6, 2026

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Melvin Mathew

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Solar

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Wind
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KUSUM Projects in Maharashtra Delayed as Land Leasing Costs Soar

The rapid increase in solar installations under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) in Maharashtra is leading to developers facing...

January 6, 2026

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Melvin Mathew

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Mercom Research Focus

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Solar
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CERC Adopts Usage Charges of ₹2.45/kWh for NCL India’s 510 MW Solar Project

The Central Electricity Regulatory Commission (CERC) has adopted a usage charge of ₹2.45 (~$0.0272)/kWh for the 510 MW solar power project developed by NLC India. The...

January 5, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Inox Neo Energies Acquires SunSource’s 300 MW Solar Projects

Inox Neo Energies, the independent power producer (IPP) arm of Inox Clean Energy, has acquired around 300 MW of operational solar projects from SunSource Energy. Inox...

January 5, 2026

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Melvin Mathew

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Finance and M&A

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Solar

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