Solar

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Solar Module Capacity Under ALMM Grows by 9.3 GW in September 2025

The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) for solar modules, adding 9,326 MW of capacity. The...

September 19, 2025

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Staff

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Markets & Policy

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Solar
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Goodluck Wins ₹468 Million Solar Module Mounting Structures Order

Ghaziabad-based Goodluck India has secured an order worth ₹468.7 million (~$5.60 million) from Apraava Energy for the supply of solar module mounting structures. The...

September 19, 2025

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Staff

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Markets & Policy

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Modules

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Solar
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Rooftop Solar Helps Sanvira Biosciences Save ₹2.8 Million a Year on Power Bills

Biotech company Sanvira Biosciences has saved ₹2.8 million (~$31,776) annually by installing a 368 kW rooftop solar project at its Visakhapatnam facility in Andhra...

September 19, 2025

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Melvin Mathew

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Rooftop

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Solar
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CESC Subsidiary to Set Up Solar Cell, Module Manufacturing Facilities

CESC Green Power, a wholly owned subsidiary of Calcutta Electric Supply Corporation (CESC), is establishing solar cell and module manufacturing facilities, as well as...

September 19, 2025

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Staff

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Manufacturing

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Modules

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Solar
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Waaree to Acquire 76% Stake in Smart Meter Manufacturer Racemosa Energy

Waaree Power, a wholly owned subsidiary of Waaree Energies, will acquire a 76% stake in Maharashtra-based smart meter manufacturing company, Racemosa Energy. The company...

September 19, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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NTPC Floats EPC Tender for 2 MW Solar Project in Jharkhand

NTPC has issued an engineering, procurement, and construction (EPC) tender to develop a 2 MW solar project at Dump C of its Pakri Barwadih Coal Mining Project in...

September 19, 2025

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Staff

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Solar

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Tenders & Auctions
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MNRE Extends Solar Park Program Until March 2029

The Ministry of New and Renewable Energy (MNRE) has extended the timeline of the ‘Development of Solar Parks and Ultra Mega Solar Power Projects’ program by three years...

September 19, 2025

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Staff

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Market & Policy

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Solar
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Karnataka Trims BESCOM’s Dues to Solar Project to ₹111.9 Million

Karnataka Electricity Regulatory Commission (KERC) has reduced the reimbursement amount payable by Bangalore Electricity Supply Company (BESCOM) to Talettutayi Solar...

September 19, 2025

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Staff

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Market & Policy

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Solar
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Top Five States for Solar Open Access in Q2 2025

India added 2.6 GW of solar open access capacity in the second quarter (Q2) of 2025, a nearly 143% increase from 1.1 GW in Q1 2025. Installations rose 60.1%...

September 19, 2025

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Prabha P P

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Mercom Research Focus

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Open Access

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Solar
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Lower Manufacturing Costs Drive Vikram Solar’s Revenue in Q1 FY 2026

Module manufacturer Vikram Solar’s revenue increased by 79.7% year-over-year (YoY) to ₹1.13 billion (~$12.86 million) in the first quarter (Q1) of the financial year...

September 18, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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IREDA Approves ₹11.34 Billion Loan to Insolation Green Energy

The Indian Renewable Energy Development Agency (IREDA) has approved a loan of ₹11.34 billion (~$129 million) to Insolation Green Energy, a wholly owned subsidiary of INA...

September 18, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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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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ACCIONA Commissions 412 MW Solar Project in Rajasthan

Spain-headquartered renewable energy company ACCIONA Energía has commissioned a 412 MW solar project in Juna, Rajasthan. The project consists of 750,000 solar modules...

September 18, 2025

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Staff

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Solar

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Utility Scale
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Enfinity Global Secures ₹5 Billion Debt Financing from India Infradebt

Enfinity Global has secured ₹5.2 billion (~$59 million) in debt financing from India Infradebt for its 200 MW solar projects across India. Enfinity has a global...

September 18, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Emmvee Photovoltaic Gets SEBI Nod for ₹30 Billion IPO  

Solar module and cell manufacturer Emmvee Photovoltaic Power has received approval from the Securities and Exchange Board of India (SEBI) to raise ₹30 billion (~$340.50...

September 18, 2025

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Arjun Joshi

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Finance and M&A

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Solar

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