hybrid

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MRF to Procure Power from Serentica’s 170 MW Hybrid Renewable Project

Tire manufacturer MRF has signed a power purchase agreement (PPA) with Serentica Renewables to procure clean energy from a 170 MW hybrid renewable energy project under...

October 13, 2025

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Arjun Joshi

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C&I

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Solar

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Wind
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Hero Energies Secures ₹19.8 Billion Funding from SBI, Canara Bank

Renewable energy company Hero Future Energies has secured a loan of ₹19.8 billion (~$221 million) from public sector banks State Bank of India and Canara Bank for the...

October 8, 2025

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Melvin Mathew

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Finance and M&A

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Solar

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Wind
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Adani Green Operationalizes 408 MW Renewable Energy Projects in Gujarat

Adani Green Energy (AGEL) has operationalized an aggregate of 408.1 MW of renewable energy projects through its step-down subsidiaries at Khavda, Gujarat. The total...

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Oyster Secures ₹18 Billion Loan for 342 MW Wind-Solar Hybrid Project

Oyster Green Hybrid Three, a subsidiary of Oyster Renewable Energy, has achieved financial closure for its 342 MW wind-solar hybrid project in Madhya Pradesh, securing a...

September 29, 2025

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Staff

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Finance and M&A

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Solar

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Wind
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Rooftop Solar Adoption Faces Policy Hurdles Despite Growing Awareness

Rooftop solar has emerged as a critical component of India’s renewable energy growth, particularly in the commercial and industrial (C&I) sectors. With declining...

September 12, 2025

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Staff

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C&I

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Markets & Policy

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Rooftop

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Solar
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Inox Neo Energies to Acquire 640 MW Renewable Hybrid Portfolio from Evergreen

Independent power producer Inox Neo Energies, an INOXGFL Group company, has executed definitive agreements with Evergreen Power Mauritius and Evergreen Renewables to...

September 11, 2025

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Arjun Joshi

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Finance and M&A

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Solar

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Wind
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Daily News Wrap-Up: USITC Approves Probe into Solar Imports from India

The U.S. International Trade Commission (USITC) voted to continue its investigations of imports of crystalline silicon photovoltaic cells, whether or not assembled into...

September 2, 2025

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Staff

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Daily Wrap-up
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Execution Bottlenecks Continue to Impede Renewable Energy Progress

Project execution delays driven by land aggregation hurdles, transmission bottlenecks, and policy gaps dominated conversations at the Mercom India Renewables Summit 2025....

September 2, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Power Ministry Ends Uniform Renewable Energy Tariff Mechanism

The Ministry of Power has ended the uniform renewable energy tariff (URET) mechanism in response to concerns of renewable energy implementing agencies and developers...

August 6, 2025

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B.S. Nagaraj

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Markets & Policy

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Solar
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Nxtra Partners with AMPIN Energy to Expand Renewable Energy Use

Data center company Nxtra by Airtel has signed a new power wheeling agreement with independent power producer AMPIN Energy Transition for the supply of 125.65 MW of...

July 28, 2025

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Staff

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Market & Policy

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Solar

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Wind
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Nearly 8 GW of Renewable Power from SECI Remains Unsold Due to Lack of Offtakers

Nearly 8 GW of renewable energy capacity comprising solar, wind-solar hybrid, solar with battery energy storage systems (BESS), round-the-clock (RTC), and firm and...

July 17, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: RERC Approves Tariffs for 82 MW Solar Projects

The Rajasthan Electricity Regulatory Commission (RERC) approved tariffs ranging between ₹2.84 (~$0.033)/kWh and ₹3.04 (~$0.035)/kWh for 33 solar projects with a...

July 14, 2025

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Mercom Staff

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Daily Wrap-up
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CERC Rejects Plea to Approve Tariff for 300 MW Wind-Solar Projects

The Central Electricity Regulatory Commission (CERC) has rejected Calcutta Electric Supply Corporation’s (CESCL) petition for approval of a tariff for 300 MW wind-solar...

July 11, 2025

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Melvin Mathew

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Markets & Policy

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Solar

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Wind
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Daily News Wrap-Up: MNRE Clarifies ALMM Norms for Behind-the-Meter Projects

The Ministry of New and Renewable Energy clarified that behind-the-meter projects for captive consumption by government entities or public sector enterprises must use...

July 11, 2025

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Mercom Staff

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Daily Wrap-up
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UPERC Approves Tariff of ₹3.84/kWh for 300 MW Wind-Solar Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved a tariff of ₹3.84 (~$0.044)/kWh for the procurement of 300 MW wind-solar hybrid power by Noida...

July 10, 2025

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Staff

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Market & Policy

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Solar

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Wind

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