JSW Commissions 3,800 TPA Green Hydrogen Facility in Karnataka

Adani Group Enters BESS Segment with 1,126 MW/3,530 MWh Project at Khavda

Australia to Supply Three Hours of Free Solar Power Midday from July 2026

Mercom Renewables Summit Returns for its Sixth Edition in July 2026

Daily News Wrap-Up: APM Projects Bags MES’ 2.3 MW Rooftop Solar EPC Auction

JSW Energy Commissions 85 MW of New Renewable Energy Capacity

MENA Weekly Round-Up: Dubai Invites Bids for 2 GW Solar Park with 1.4 GWh BESS

Government to Cancel REIA-Awarded Projects Without PPA-PSA Prospects

NTPC Floats Tender for O&M of 4 MW Solar Projects in Noida

Gujarat Reaffirms Retrospective Tariff Framework for Wind Power Projects


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					</table><p>APM Projects <a href="https://www.mercomindia.com/apm-projects-wins-mes-2-mw-rooftop-solar-epc-auction" target="_blank" rel="noopener">won</a> the Military Engineer Service’s 2.25 MW engineering, procurement, and construction auction to set up rooftop solar systems at various buildings in Air Force stations in Haryana, Uttar Pradesh, and Maharashtra. APM won the project, quoting ₹149.4 million (~$1.68 million). The tender was floated on July 22, 2025.</p>
<p>The Gujarat Electricity Regulatory Commission <a href="https://www.mercomindia.com/gujarat-reaffirms-retrospective-tariff-framework-for-wind-power-projects" target="_blank" rel="noopener">reaffirmed</a> its tariff framework for the procurement of power by distribution licensees and others from wind projects from June 6, 2022, to March 31, 2027. The decision follows the Appellate Tribunal for Electricity remanding the matter to the Commission for a fresh hearing on the limited issue of retrospective applicability.</p>
<p>The government <a href="https://www.mercomindia.com/government-to-cancel-reia-awarded-projects-without-ppa-psa-prospects" target="_blank" rel="noopener">directed</a> renewable energy implementing agencies (REIAs) to close all legacy bids and cancel the letters of award for all renewable energy projects for which power purchase and power sale agreements are not feasible by November 30, 2025. The four REIAs – SECI, NTPC, NHPC, and SJVN – together have unsigned PPAs/PSAs for 42 GW of projects.</p>
<p>NTPC <a href="https://www.mercomindia.com/ntpc-floats-tender-for-om-of-4-mw-solar-projects-in-noida" target="_blank" rel="noopener">invited</a> bids for the operation and maintenance (O&amp;M) of 4 MW ground-mounted solar projects, each with a 1.25 MWh battery energy storage system (BESS), for two years at the NTPC Energy Technology Research Alliance (NETRA) buildings in Noida, Uttar Pradesh. The last date to submit bids is November 27, 2025. Bids will be opened on the same day. The 4 MW microgrid would power NTPC NETRA’s two major buildings, the Phase I building and the Phase II building, as well as the hostel building, and support some pilot projects and installations. The scope of work encompasses the O&amp;M of the solar projects and battery energy storage systems, operating round-the-clock in shifts.</p>
<p>NTPC <a href="https://mercomindia.com/ntpc-invites-bids-for-om-of-100-mw-floating-solar-project-at-ramagundam" target="_blank" rel="noopener">invited</a> bids for the comprehensive O&amp;M of its 100 MW floating solar project located at NTPC Ramagundam, Andhra Pradesh. The project comprises 40 blocks, each with a 2.5 MW capacity. Bids must be submitted by November 26, 2025. Bids will be opened on November 28. The scope of work includes the O&amp;M of the 100 MW floating solar project, along with the grid connection system, for three years from the date of award.</p>
<p>Independent power producer JSW Energy <a href="https://www.mercomindia.com/jsw-energy-commissions-85-mw-of-new-renewable-energy-capacity" target="_blank" rel="noopener">commissioned</a> 85 MW of renewable energy capacity. The added capacity comprises 74 MW of solar and 11 MW of wind projects, bringing the company’s total installed capacity to 13,295 MW. JSW said the newly installed solar capacity includes part of the NHPC Hybrid project. The company’s share of renewables in its overall capacity stands at 57%. This share comprises 3,720 MW of wind, 2,286 MW of solar, and 1,631 MW of hydro capacity.</p>
<p>The Rajasthan Renewable Energy Corporation <a href="https://www.mercomindia.com/rajasthan-launches-plug-and-play-2-45-gw-solar-park-with-5-gwh-bess-in-pugal">announced</a> a plug-and-play solar park for 2,450 MW solar and 5,000 MWh BESS projects in Pugal, Rajasthan. The solar park is expected to be commissioned in 2028. It will be set up at an estimated project cost of ₹13.76 billion (~$155 million). The blended cost of setting up the solar plus BESS projects at the Pugal solar park will be ₹81.8 million (~$922,254)/MW. The park will be divided into three lots: Lot 1 (1,000 MW), Lot II (1,000 MW), and Lot III (450 MW).</p>
<p>GlaxoSmithKline Pharmaceuticals (GSK) <a href="https://www.mercomindia.com/gsk-pharma-to-procure-power-from-cleanmaxs-4-95-mw-solar-project" target="_blank" rel="noopener">announced</a> it will source power from a 4.95 MW solar project of Clean Max Galapagos, a special purpose vehicle (SPV) of CleanMax, in Maharashtra. GSK has approved an investment of ₹17.4 million (~$196,233.21) to acquire a 26% shareholding in the SPV under the group captive mechanism, which allows industrial consumers to jointly invest in renewable energy projects and utilize the generated power for their consumption. The power from the solar project will be utilized at GSK’s manufacturing plant in Nashik.</p>
<p>Decarbonization solutions company ReNew Energy Global (ReNew) <a href="https://www.mercomindia.com/renew-secures-331-million-from-adb-for-hybrid-renewable-energy-project" target="_blank" rel="noopener">secured</a> $331 million in debt funding from the Asian Development Bank to support the development of a large-scale clean energy project in Andhra Pradesh. ReNew said the Andhra Pradesh clean energy project integrates 837 MW of wind and solar capacity with a 415 MWh BESS. It aims to deliver 300 MW of peak power as well as a dependable baseload supply.</p>
<p>Haryana-based solar module manufacturer Saatvik Green Energy’s revenue <a href="https://www.mercomindia.com/saatvik-green-revenue-up-61-6-in-q2-on-sustained-solar-module-demand" target="_blank" rel="noopener">rose</a> 61.6% year-over-year (YoY) to ₹7.68 billion (~$86.62 million) in the second quarter (Q2) of the financial year (FY) 2026, from ₹4.75 billion (~$53.60 million). Earnings before interest, taxes, depreciation, and amortization totaled ₹1.23 billion (~$13.93 million), up 39% from ₹889 million (~$10.02 million). Profit after tax stood at ₹832 million (~$9.4million), rising 36.4% YoY from ₹610 million (~$6.9 million).</p>
<p>U.S.-based solar tracker company Array Technologies’ revenue <a href="https://mercomindia.com/array-technologies-posts-strong-q3-results-on-steady-tracker-demand" target="_blank" rel="noopener">surged</a> 70% YoY to $393.49 million in Q3 of 2025, from $231.41 million. The increase in revenue was primarily due to the steady execution of projects in the U.S. and international markets, including higher volumes in Latin America, Europe, and India. The company reported net income of $18.35 million in Q3, compared to $155.4 million loss in the corresponding period last year. Earnings per share for the quarter were $0.30, compared with $0.17 in the prior year.</p>
<p>Israel-based solar inverter manufacturer SolarEdge <a href="https://www.mercomindia.com/solaredges-revenue-rises-45-yoy-in-q3-on-strong-us-sales" target="_blank" rel="noopener">reported</a> revenue of $340.2 million in Q3 of 2025, representing a 44.5% YoY increase from $235.4 million. The company posted a net loss of $18.35 million in Q3 2025, a 97.9% YoY improvement from a net loss of $899.76 million. Revenue from the U.S. market totaled $203 million, accounting for 60% of its total revenue.</p>
<p>Over 30 members of the European Parliament <a href="https://www.mercomindia.com/eu-lawmakers-want-chinese-solar-inverters-restricted-on-security-concerns" target="_blank" rel="noopener">urged</a> the European Commission to take immediate action to restrict access of Chinese inverters to the European electricity grid. In a letter addressed to the Commission’s Executive Vice President and Commissioner, the members referred to the threats associated with high-risk Chinese vendors, particularly since 80% of all new solar inverter capacity installed in Europe in 2024 originated from China. Huawei, designated as a high-risk vendor by the Commission, accounted for over 115 GW of Europe’s solar inverter market as of 2023. It is one of six Chinese vendors that collectively control more than two-thirds of the European market (219 GW), the letter said.</p>
<p>The Philippines’ Department of Energy (DOE) <a href="https://www.mercomindia.com/philippines-awards-10-gw-of-renewable-energy-capacity-in-gea-4-auction" target="_blank" rel="noopener">awarded</a> 10,195.49 MW of renewable energy capacity to 123 bidders in the fourth round of its Green Energy Auction Program (GEA-4). DOE released the Terms of Reference for GEA-4 in March this year. The winning bidders will utilize a diverse mix of technologies, including ground-mounted, rooftop, and floating solar systems, as well as integrated renewable energy with energy storage, and onshore wind systems. The department stated that the awarded capacity represents 96% of the target capacity for this auction round. The projects are expected to be delivered between 2026 and 2029.</p>


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