Daily News Wrap-Up: Kerala’s Rooftop Solar Additions Drop to 12 MW in July
JdVVNL floats tender for cumulative 450 MW solar projects under PM KUSUM
September 1, 2025
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Kerala witnessed an unprecedented drop in monthly rooftop solar capacity additions, as low as 12 MW in July this year, compared to an average monthly installation of 35 MW, due to an unfavorable regulatory proposal by the Kerala State Electricity Regulatory Commission (KSERC) that impacted the segment. According to KSERC’s draft order, net metering for rooftop solar systems is limited to projects with a capacity of up to 3 kW. For projects between 3 kW and 5 kW, there is a mandate to include an energy storage system of up to 30% of the project size. The existing rules provide for net metering up to 1 MW.
Jodhpur Vidyut Vitran Nigam (JdVVNL) floated five tenders for grid-connected solar projects with a cumulative capacity of 450 MW under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) – Component A. The projects involve laying 33 kV or 11 kV lines to connect with 33/11 kV substations and installing remote monitoring systems. Bids must be submitted by August 30, 2025. Bids will be opened on September 2. The scope of work includes the design, survey, supply, installation, testing, and commissioning of the solar projects. It also entails providing operations and maintenance services for 25 years from the commercial operation date.
Noida-based wind energy solutions company Inox Wind announced the redemption of its preference shares, worth ₹5.6 billion (~$65.12 million). In a stock exchange disclosure, the company said it has fully redeemed 560 million unlisted, non-convertible, non-cumulative, participating, and redeemable preference shares. These shares carried a coupon of 0.01% and had a face value of ₹10 (~$0.12) each. The redemption was executed at par. Inox Leasing and Finance, Inox Wind’s promoter company, held the redeemed preference shares. According to the disclosure, the funds for the redemption were sourced from the proceeds raised through a fresh rights issue of equity shares.
The Australian government floated tenders for 1,600 MW of renewable energy and 2,400 MWh of clean dispatchable (energy storage) capacity in Western Australia as part of the Capacity Investment Scheme. Bids must be submitted by November 7, 2025. Successful bids will be announced in March or April 2026. The renewable energy (Tender 5) and dispatchable capacity projects (Tender 6) must be located in Western Australia and connected, or intend to connect, to the South-West Interconnected System. The storage projects must use energy from the grid or from renewable sources.